๐ Previously we talked about the definition of #WalletConnect , in simple terms it would be like a passport for our digital wallets (cryptocurrency wallets) to securely connect to decentralized applications (dApps) in the world of Web3.
๐ฏ The goal of @WalletConnect is to facilitate the connection between wallets and dApps, acting as a secure bridge between wallets and dApps.
๐ฉโ๐ง How does it work?
You scan a QR code or click on a link, and that's it, you are securely connected ๐โโ๏ธ
๐ Provides Security: does not share private keys, everything is encrypted.
Importance of WalletConnect:
๐ Connects over 600 wallets and 65,000 dApps.
๐ฅ Approximately 47.5 million users use it.
๐ฐ $WCT is the token that powers the network, allowing governance and staking.
In summary
WalletConnect is like the "traffic system" of Web3 ๐. It makes connecting to decentralized applications easy and secure. If you use wallets like MetaMask or Trust Wallet, you have probably already used WalletConnect ๐คฏ.
๐ฏ The goal of @WalletConnect is to facilitate the connection between wallets and dApps, acting as a secure bridge between wallets and dApps.
๐ฉโ๐ง How does it work?
You scan a QR code or click on a link, and that's it, you are securely connected ๐โโ๏ธ
๐ Provides Security: does not share private keys, everything is encrypted.
Importance of WalletConnect:
๐ Connects over 600 wallets and 65,000 dApps.
๐ฅ Approximately 47.5 million users use it.
๐ฐ $WCT is the token that powers the network, allowing governance and staking.
In summary
WalletConnect is like the "traffic system" of Web3 ๐. It makes connecting to decentralized applications easy and secure. If you use wallets like MetaMask or Trust Wallet, you have probably already used WalletConnect ๐คฏ.
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WCT
0.3365
-6.29%