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The #WalletConnect Network’s services are more akin to classic web2 offchain infrastructure rather than blockchain. The core technology for the @WalletConnect Network is a permissionless rendezvous-hashing based database. Key components include: 1. Service Nodes: These are database nodes that form the backbone of the network’s storage layer. They operate on a consistent-hashing based distributed database. 2. Gateway Nodes: These nodes are responsible for facilitating encrypted communications and data routing between wallets and applications. 3. Relay Service: This service, used to connect users’ wallets to dapps, is by design end-to-end encrypted. The Relay has no insight into users’ addresses, transaction hashes, KYC information, or any other information passed between the dapp and wallet. 4. End-to-End Encryption: All messages transmitted through the network are encrypted, ensuring that only the intended recipient can access the information. The Network is designed to operate in a fully permissionless manner, enabling any participant to run a Service Node or Gateway. It is expected that the Network will transition to a permissionless model following community consultation and technical validation. @WalletConnect ($WCT )
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WalletConnect (WCT)
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Real happiness 😀 1. *$RAD /USDT*: Price = 0.600 USDT (+1.69%). 2. *$LISTA /USDT*: Price = 0.2863 USDT (+5.76%). 3. *#AI /USDT*: Price = 0.1232 USDT (+8.07%). 4. *#SOMI /USDT*: Price = 0.8439 USDT (+0.30%). 5. *$ENA /USDT*: Price = 0.5798 USDT (+1.40%). 6. *#WLFI /USDT*: Price = 0.2051 USDT (+3.07%). 7. *#AVNT /USDT*: Price = 1.5330 USDT (+0.08%).
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