The WalletConnect Network has played a critical role in shaping the onchain revolution, Since 2018 it has provided a path for apps and wallets to communicate where none had ever existed, and enabled over 180 million connections for more than 30 million users to date.
But what exactly is WalletConnect, and why is it such a critical piece of our onchain future?
Understanding the WalletConnect Network
The WalletConnect Network is an open-source network that connects users to decentralized apps through a secure and interoperable protocol. By creating a standardized way for wallets to interact with onchain applications, WalletConnect allows users to connect their digital wallets to decentralized applications with ease, enabling millions of people to safely engage onchain.
Whether you’re buying crypto, trading memecoins or collecting digital art, WalletConnect acts as the bridge between wallets and apps. It enables a seamless connection with just a scan of a QR code, making blockchain interactions easy, secure, and fast.
Traditionally, connecting wallets to apps on the blockchain required complex steps, which often discouraged new users and created a fragmented ecosystem. WalletConnect simplifies this by offering a universal connection method compatible across hundreds of wallets and thousands of apps.
How Does WalletConnect Work?
WalletConnect operates through a relay server infrastructure that supports real-time communication between wallets and decentralized applications. Here’s a brief breakdown of how it works:
Initiating a Connection: When a user wants to connect their wallet to an app, they simply scan a QR code provided by the app, either through integrations within the app provided by tools like Reown AppKit, other connection kits, or by building direct, custom integrations that allow the QR code to communicate through the network. This QR code includes all the necessary connection details, making it a quick and intuitive process.
Delivering the connection: When the user scans the QR code, they’d do this via an in-wallet scanner within the mobile wallet they’re using. This enables the wallet to receive the communication within seconds.
Securing the Connection: The WalletConnect network secures the connection by encrypting all messages exchanged between the wallet and the app, ensuring that user data remains private and secure.
Interoperability Across Blockchains: WalletConnect’s protocol supports interactions across multiple blockchains, which means users are not limited to any single network. They can access applications across Ethereum, Solana, and other networks without needing separate tools or wallets for each.
By creating a universal connection method, WalletConnect has enabled interoperability across blockchain networks and simplified how people interact with the decentralized internet.
