The Web3 application ecosystem has experienced rapid growth over the past two years, and the demand for connections between users, wallets, and DApps has become increasingly complex. As an early entrant in the protocol space, WalletConnect is advancing the implementation of its V2 protocol, establishing stable connection methods between wallets and applications in a multi-chain environment. Compared to V1, V2 is more modular, supports multi-session parallelism, cross-chain switching, and advanced features like session sharing, adapting to emerging ecosystems such as L2 and AppChain.
It is worth noting that WalletConnect launched its own Relay Network this year, which handles data transmission and node relay functions, significantly improving connection performance and stability while reducing issues associated with traditional reliance on centralized servers. On this basis, the team also plans to promote the decentralization of the Relay, establishing relay nodes operated by the community, similar to a decentralized signal server network.
WalletConnect's innovation is not limited to connection protocols; it has built a service layer in three major modules: Notifications, Identity, and Messaging, making wallets the "super terminal of Web3." Particularly in the use case of Push Notifications, users can subscribe to status changes or events for a specific address, making it easier to stay informed about important dynamics such as NFT bidding, DAO proposal voting progress, and contract updates in real-time.
In the future, WalletConnect may become the "notification hub" and "communication bridge" for all on-chain activities, and its multi-module structure has gradually constructed a standard blueprint for a universal communication protocol for Web3. #WalletConnect @WalletConnect $WCT