🚨👉 Who Now Oversees WalletConnect’s Decentralized Development?
In a significant move for Web3 infrastructure, the WalletConnect Network—the protocol that powers secure communication between wallets and decentralized apps—has officially transitioned to community-led governance. Now, its decentralized development is overseen by a new entity: the WalletConnect Foundation.
This foundation is a non-profit organization tasked with supporting the evolution of the WalletConnect protocol in a trust-minimized and transparent way. By adopting a DAO-like structure and fostering open-source collaboration, the WalletConnect Foundation ensures the project remains community-driven and censorship-resistant.
For Binance users and crypto enthusiasts, this marks a major leap forward in decentralization and user sovereignty, aligning perfectly with the values of Web3. It also opens doors for more developers and wallet providers to contribute, innovate, and build on the protocol—without centralized gatekeeping.
As WalletConnect becomes an even more integral layer in the DeFi and NFT ecosystems, understanding its governance model becomes crucial. Decentralized development isn’t just a buzzword—it’s the future of secure, interoperable crypto communication.
👉 Are you ready to build or contribute? Visit walletconnect.com and explore the network’s open-source repos and governance docs!