A Look Under the Hood: The WalletConnect Network’s Core Technology
At its heart, the WalletConnect Network relies on a permissionless rendezvous-hashing based database—a sophisticated technology that borrows from the best of both web2 and web3. Rendezvous hashing is a proven concept used in many modern, globally scalable databases like Cassandra and DynamoDB. Its decentralized design, which lacks a central point of failure, is what makes it so scalable and resilient. The WalletConnect team has uniquely adapted this concept to create a permissionless system, a feature not found in existing commercial databases.
The network’s core technology has been in production since early 2024, serving all of WalletConnect’s traffic. Initially, this was managed by Reown, with other entities gradually joining a permissioned federation of Service Node operators. This controlled rollout allowed the network to prove its reliability and performance at scale before transitioning to a more open model.
This foundation positions the WalletConnect Network as a vital new tool for decentralized application developers. It offers a low-latency, high-throughput key-value database that is critical for building applications that require fast and reliable data access. The network's success in handling one of web3's most used applications demonstrates the power and potential of this hybrid technology.
