Behind the Scenes: How @WalletConnect Powers the Web3 Ecosystem
WalletConnect isn’t just a simple QR code connection tool—it’s backed by a powerful relay network: a decentralized system of Service Nodes that manage encrypted communications between wallets and decentralized apps. As of Q2 2025, over 16 node operators are actively online, ensuring ultra-reliable performance (99.99% uptime) while maintaining end-to-end encrypted privacy 🔐.
At the heart of it all is Protocol V2, launched in 2022, which brought key advancements:
🧬 Support for multi-chain sessions
🧾 CAIP identifiers for consistent asset recognition
🔁 Persistent sessions so users don’t need to reconnect every time
These core upgrades enabled the development of Smart Sessions—an innovation where wallets or agents can approve actions on a user’s behalf. This is ideal for automation, AI-driven assistants, and dApps executing custom logic.
What’s coming next? 🧪 WalletConnect is moving toward full decentralization with permissionless node onboarding and a staking-based governance system, transforming the current relay into a trustless infrastructure.
💡 The takeaway: WalletConnect is evolving from a user-friendly tool into a key messaging layer for the entire Web3 stack.