What is #WalletConneet ?

@WalletConneet

WalletConnect is not a digital wallet by itself, nor is it a blockchain. It is a communication protocol that allows digital wallets and decentralized applications to communicate with each other in an encrypted and secure manner. Imagine you are visiting a website for a decentralized application (such as a decentralized trading platform or NFT marketplace) on your computer, and you want to use your wallet on your mobile phone to make a transaction. WalletConnect is what makes this connection possible.

How does WalletConnect work? (Simplified mechanism)

The mechanism of WalletConnect is based on a simple and effective principle:

1. Initiating the connection: When a user visits a decentralized application (dApp) on a web browser (on a computer, for example), and wants to connect their wallet, they are presented with the option "Connect Wallet". When selecting WalletConnect, a QR code is displayed on the screen.

2. Scanning the code or clicking the link: The user opens their digital wallet on their mobile phone (such as MetaMask Mobile, Trust Wallet, Rainbow Wallet, and many others) and uses the QR code scanning feature built into the wallet to scan the code displayed on the computer screen. If the user is browsing the dApp from a mobile browser, they will be directed straight to the wallet via a "Deep Link".

3. Establishing a secure connection: Once the code is scanned, the wallet and the decentralized application create an encrypted connection through a "Bridge Server" or "Relay Server".