Scene opening | Scanning to play DeFi, the "first step on-chain" for ordinary people

I still remember the first time I entered the crypto space, I didn't even understand what "wallet linking" was. Back then, the big shots in the group would discuss new DApps and casually toss around private key import tutorials, leaving me bewildered. Later, I saw someone say, "You don’t still use private keys, right? Scanning WalletConnect is so much better!" That's when I realized the on-chain world can be as simple as ordering food on WeChat.

For us small retail investors, the threshold of Web3 has always been a "mystery". On one hand, we worry about the safety of our wallets, and on the other hand, we want to profit from various projects. The "entry experience" of wallets directly determines whether we can surf with peace of mind. Today, let's talk about WalletConnect—this infrastructure known as the "universal socket on the chain"—what it actually brings to ordinary people.

1. "Entry via QR Code": A decade of dramatic changes in wallet linking

Do you remember the feeling of logging into a DApp with a wallet in the past? Back then, importing private keys and mnemonic phrases was nerve-wracking, with a single mistake causing assets to vanish, making the experience akin to a "hacker movie scene". The MetaMask plugin made it slightly easier, but it was still exclusive to geeks.

WalletConnect has emerged, bringing "QR code login" into the on-chain world. Now, open a DApp, pop up a QR code, scan it with your phone, and your assets are secure, with a smooth experience. Even newcomers can grasp it in a second. It can be said that WalletConnect is the Web3 version of "Alipay QR code", turning complex on-chain operations into part of daily life.

"Scanning to go on-chain, this is the true entry point for ordinary people to participate in Web3."

2. "Universal Socket on the Chain": Analysis of WalletConnect's underlying logic

So, what exactly is WalletConnect? In a nutshell, it is the "super adapter" between DApps and wallets. Whether you are using imToken, MetaMask, or Fox Wallet, as long as it supports WalletConnect, you can seamlessly connect to various DApps.

The underlying principle is actually quite simple: the DApp generates a connection request, the wallet scans to agree, and both parties communicate securely through an encrypted channel. Users do not need to expose their private keys, ensuring asset security. It's like traveling abroad with a universal socket— you can charge anywhere without worrying about the varying interfaces.

"WalletConnect has solved the century-old problem of 'interface incompatibility' between wallets and DApps, truly invigorating the on-chain ecosystem."

3. "Entry Equals Traffic": The practical significance for small retail investors

There is a saying in the crypto space: "Entry equals traffic, traffic equals value." As the on-chain entry infrastructure, WalletConnect directly determines who can get a "ticket" to Web3. What does this mean for us small retail investors?

  • Lowered threshold: No need to remember mnemonic phrases or import private keys, just scan to play, making it easier to profit from projects.

  • Multi-chain collaboration: After profiting on Ethereum, you can immediately head over to Solana or BNB to continue surfing, with seamless wallet switching.

  • Security upgrade: No need to expose private keys, reducing the risk of hacking, making assets more secure.

Operational advice? "Prioritize wallets and DApps that support WalletConnect, be mindful of the source of QR code links, and don't fall for phishing websites." At the same time, develop the good habit of "multi-chain and multi-wallet to disperse risks", and don't put all your eggs in one basket.

4. "Domestic vs. Abroad": A comparison of wallet linking experiences

Speaking of experience, the gap between domestic and international wallets is still quite large. International wallet ecosystems are mature and have high DApp support, making WalletConnect almost a standard. Although domestic development started a bit late, with major platforms "competing", wallet scanning experiences are gradually catching up.

However, don't be blindly optimistic. Some older versions of the protocol have security vulnerabilities, and the compatibility between mobile and desktop occasionally falters, with the experience still evolving.

5. "Future Outlook": Is wallet linking infrastructure the next traffic entry point?

Rhetorical Question: What will be the entry point in the future on-chain world? I believe wallet linking infrastructure is the next opportunity. Whoever can achieve "security + ease of use + multi-chain compatibility" to the extreme will become the super entry point of the on-chain world.

As the leader in this field, WalletConnect has established a powerful network effect. But future competition will only get fiercer; those who can continuously innovate and maintain safety standards will have the chance to succeed in the end.

Conclusion | Community co-construction, Web3 opportunities for ordinary people

Looking back, the revolution of wallet linking is not just a technical upgrade but a result of the co-construction of the Web3 community. Every experience optimization is a collaborative effort between developers, users, and project parties. For us ordinary people, the opportunities in Web3 have never been far away— as long as we dare to try and continue learning, everyone can take their "first step on-chain" by simply scanning.

"Original content, please like, comment, and share, let’s witness the next decade of Web3 together!" #WalletConnect $WCT @WalletConnect