#WalletConnect $WCT @WalletConnect
WalletConnect is a crucial open-source protocol designed to connect cryptocurrency wallets with decentralized applications (DApp). It ensures that connections are absolutely secure by using end-to-end encrypted bridge servers or peer-to-peer networks, keeping user private keys always stored in local wallets and not disclosed to third-party DApps.
Its typical connection process involves users scanning a QR code provided by the DApp, thereby establishing an encrypted communication channel between the two parties. This method enables seamless and reliable interactions across different blockchains (such as Ethereum, Solana, etc.), significantly simplifying the user experience when participating in DeFi, trading NFTs, and other operations, making it one of the key infrastructures of the Web3 ecosystem.