#WCT , an open-source protocol, serves as a secure bridge between crypto wallets and decentralized applications (dApps). This protocol allows users to communicate with a dApp without ever sharing their private keys. WalletConnect secures the connection with TLS and end-to-end encryption. @WalletConnect $WCT

Key Features:

Extensive Wallet and App Support: Integrates with over 500 wallet apps and over 6,000 dApps.

Cross-Chain Compatibility: Works on many blockchains, including Ethereum, Solana, Cosmos, Polkadot, and Bitcoin.

Easy Connectivity: Quickly connect by scanning a QR code on a desktop browser or using a mobile deep link.

Security: Private keys remain in the wallet; WalletConnect does not store them; all communication is encrypted.

Developer Support: Integration is easy through SDKs and standard protocols.

WCT Token – WalletConnect's Native Token

WalletConnect has launched a token called WCT (WalletConnect Token) to grow and decentralize its ecosystem.

WCT Uses and Features:

Staking/Securing Certain Network Layers: Node operators may be required to stake WCT to participate in the network.

Governance: Token holders can vote on the future of the network.

Reward and Permission Systems: Provide rewards and incentive mechanisms to increase user engagement.

Inflation Control and Sustainability: The token has a fixed supply and can be used to determine network transactions and service fees.

Network's Native Economic Layer: May functions, such as staking, fees, and governance, are carried out through WCT.

Summary Table

Field Description

Protocol Structure: Open source, secure, encrypted layer for dApp-wallet communication

Integration: 500+ wallets, 6,000+ dApps, multi-blockchain support

Ease of Use: Fast use via QR code or deep link

Security: Private key remains in wallet, communication is encrypted

WCT Token: Native token used for network security, staking, governance, and rewards

WalletConnect has become a key infrastructure in the Web3 world by focusing on user experience and security. The WCT token forms the economic and governance foundation of this infrastructure, playing a critical role in propelling the protocol into the future.

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