#WalletConnect @WalletConnect $WCT WalletConnect is an open protocol developed by Reown for secure communication between wallets and Dapps (Web3 applications). This protocol uses a bridging server to establish a remote connection between two applications and/or devices to relay payloads. These payloads are symmetrically encrypted using a shared key between the two peers. The connection is initiated by one peer displaying a QR code or a deep link with a standard WalletConnect URI, and it is established when the other party approves this connection request. WalletConnect provides developers with a flexible set of connection solutions that allow users to securely and conveniently access various DApps. The protocol supports multi-compatibility, allowing users to first explore DApp features through assistance, and once the experience meets expectations, seamlessly switch to formal interactions. This mechanism not only lowers the usage threshold for new users but also provides seasoned users with more flexible management strategies, thereby significantly enhancing the overall interaction experience.