In the grand landscape of Web3, connectivity is a crucial component, and WalletConnect is dedicated to building a brand new Web3 connection ecosystem. How is it doing this? Let's delve into the details together.
From the perspective of technical architecture, WalletConnect has a unique and efficient system. It utilizes a decentralized database based on rendezvous hashing to ensure the security and decentralization of data storage, avoiding single points of failure. Service nodes and gateway nodes work in tandem; service nodes store encrypted session data, while gateway nodes optimize transmission paths and handle traffic forwarding, ensuring stable and fast communication between users' wallets and dApps.
In terms of ecosystem expansion, WalletConnect actively collaborates with various parties. It has integrated with over 600 wallets and more than 57,000 applications, covering leading applications across multiple fields, from DeFi and NFTs to Web3 social and gaming. This extensive cooperation allows users to enjoy convenient connection services provided by WalletConnect across different types of applications.
At the same time, WalletConnect has launched its native token WCT to further promote decentralized governance of the ecosystem. WCT holders can participate in protocol decision-making, stake to earn rewards, and incentivize more users and developers to engage in ecosystem development.
Through innovative technical architecture, extensive ecosystem collaboration, and effective governance mechanisms, WalletConnect is gradually building a vibrant, efficient, and secure new ecosystem for Web3 connections, providing solid support for the long-term development of Web3.
