You might not realize:
• The wallet you connect to is fundamentally based on the WalletConnect protocol
• The dApp you use, the QR code connection still uses WalletConnect
• Multi-chain interaction, cross-chain authorization, Session sessions, and even points incentives, all run on WalletConnect's network
This is not a matter of whether it's good or usable,
But if it becomes the industry connection standard, then $WCT is the 'on-chain connection tax'.
Imagine a future scenario:
• All wallets integrate WalletConnect
• All dApps default to initiating connections through Sign v2
• All connection behaviors are routed through WalletConnect nodes
• All Session / Permission / Auth / Signature verification runs within its framework
If you don't go through it, you won't be able to connect to the 'entry' of Web3.
And to get in? WCT is the ticket.
This is not just a connection protocol, but a monopolistic infrastructure for traffic entry
Just like HTTP defined the browsing rules of the internet,
WalletConnect is defining the connection rules of Web3.
Once bound:
• Apps need to pay relay fees
• Nodes need to stake WCT
• Users want to exchange points
• Wallets must comply with standards
• New protocols need to be compatible with the architecture
WCT will become the value center that determines whether you can 'connect to the on-chain world'.
Should we be worried?
It's not about whether it's powerful or not, but whether it is open, whether governance is transparent, and whether incentives are fair.
If you haven't learned about WalletConnect today, in the future you may find yourself in countless 'QR code connections',
Silently paying for its protocol, assigning value to its tokens.
Do you think the connection protocol should be open source?
Do you think there is a 'monopoly risk' in the Web3 connection layer?
$WCT is the fuel for infrastructure, or the future 'connection tax'?
Welcome to chat freely in the comments 👇
