🛑What is WalletConnect (WCT)?
🛑Key Ideas
🛑WalletConnect makes it easy to connect cryptocurrency wallets to decentralized applications using QR codes or deep links, keeping users in control without exposing private keys or relying on browser extensions.
🛑The protocol supports a wide range of blockchain networks, including Ethereum, Solana, Polkadot, Cosmos, and Bitcoin.
🛑The WalletConnect ecosystem includes WCT tokens that represent its service tokens, which can be used for staking, governance, and earning rewards.
🛑What is WalletConnect?
WalletConnect is an open-source protocol that facilitates cryptocurrency wallets connecting to decentralized applications. Instead of relying on browser extensions or copying and pasting wallet addresses, WalletConnect allows you to link your wallet to a decentralized application by scanning a QR code or deep link. WalletConnect operates across multiple blockchain networks and aims to make Web 3 easier and safer for users.
The protocol was originally created to address fragmented and weak interactions between decentralized applications and wallets, and WalletConnect has evolved into a protocol and network supporting millions of users and thousands of applications.