The Phased Evolution of WalletConnect's Decentralization
The WalletConnect Network is on a deliberate and thoughtful journey toward full decentralization, moving from a permissioned system to one where any participant can run a Service Node or Gateway. This phased approach is designed to ensure that the network's integrity and performance are not compromised during its transition. Initially, a select group of operators, like Reown, manage the Service Nodes, which serve all of the network's production traffic.
The first phase establishes a strong, reliable foundation, with a federation of trusted entities operating the Service Nodes. The next frontier is to publish a technical paper that will detail the technical roadmap for achieving a fully open and permissionless state. This step underscores the project's commitment to transparency and community consultation, ensuring the transition is smooth and successful.
Ultimately, the goal is a network that is not only decentralized but also resilient and secure, with both Service and Gateway Nodes allowing for broader community participation. This methodical, phased approach allows WalletConnect to maintain its high standards for latency and throughput while gradually expanding its base of operators, solidifying its position as a key piece of web3 infrastructure.
