The significance of WalletConnect goes far beyond simply scanning a QR code. It is the cornerstone for achieving large-scale interoperability in the Web3 ecosystem and is a true unsung hero.
1. Breaking down wallet barriers
Before WalletConnect, dApp developers had to adapt for each mainstream wallet individually, which was time-consuming and labor-intensive. Users were also forced to use specific wallets to access certain dApps. WalletConnect created a unified standard that allows hundreds of wallets to seamlessly connect to thousands of dApps.
2. Empowering mobile DeFi
It greatly promotes a "mobile-first" Web3 experience. You can browse complex DeFi protocols on a large computer screen while using the most secure mobile wallet to confirm transactions, balancing experience and security.
3. Supporting the popularization of hardware wallets
With WalletConnect, you can connect hardware wallets (Ledger, Trezor) to a mobile wallet, and then connect to any dApp. This achieves security at the hardware wallet level with the convenience of mobile.
4. Looking to the future (WalletConnect v2.0)
The new version brings multi-chain support, faster connections, and a series of new features such as push notifications (Notify API) and wallet-to-wallet chat (Chat API), evolving from a "connection" protocol to a "communication" protocol.
Next time you use WalletConnect, remember that you are utilizing the key infrastructure that supports the open and interconnected spirit of the entire Web3 ecosystem. @WalletConnect #WalletConnect $WCT