Wallets and applications on different chains are like 'islands' of different languages, making communication between them not easy.
WalletConnect acts like a real-time translator and bridge—allowing hundreds of wallets and thousands of DApps to securely 'talk' to each other, all while being encrypted and interoperable.
No matter which chain or wallet you are using, you can achieve one-click secure connection through it.
What is WalletConnect?
WalletConnect is an open-source communication protocol designed to solve the connection issues between cryptocurrency wallets and decentralized applications (DApps).
Since its release in 2018, it has supported:
600+ wallets (covering mainstream and emerging chains)
65,000+ DApps (covering trading, DeFi, NFT, GameFi, etc.)
47.5 million users have completed over 300 million secure connections!
2. Core Features
Full-chain interoperability: Supports seamless connections across multiple blockchain ecosystems.
End-to-end encryption: Ensures secure communication between all wallets and applications.
High availability: A globally distributed network with low latency and scalability.
Diverse UX: Various interaction methods such as QR code scanning, deep linking, push notifications, etc.
3. Tokens and Network
The WalletConnect network is powered by the WCT token, deployed on Optimism and Solana.
The roles of the WCT token include:
Governance: The community can vote on protocol upgrades and parameters.
Staking: Nodes and service providers can participate in network operations through staking.
Incentives: Rewards for participants contributing computational power and services to the ecosystem.
WalletConnect is not just a connection tool, but also one of the underlying communication standards of the Web3 ecosystem.
With its support, users can ignore chain boundaries and compatibility issues, freely switch and use various wallets and applications, opening a 'no-threshold entry' to the decentralized world.#WalletConnect @WalletConnect $WCT
