WalletConnect is an open-source protocol that enables secure connections between non-custodial wallets and decentralized applications (dApps). Founded in 2018, it allows users to interact with blockchain ecosystems without sharing private keys, ensuring asset safety and control. With over 170 wallets integrated and more than 450 dApps supported, WalletConnect provides seamless interoperability between devices.
*Key Features:*
- *Secure Connection*: Establishes an encrypted connection between wallets and dApps
- *Multi-Chain Support*: Enables connections across multiple blockchains
- *Decentralized Messaging*: Enhances user interaction with secure messaging capabilities
- *Push Notifications*: Notifies users of incoming transactions
*WalletConnect Token (WCT)*:
- *Decentralized Governance*: WCT holders participate in governance processes by voting on proposals.
- *Staking Rewards*: WCT provides staking opportunities to earn additional rewards.
- *Service Fees and Voting Rights*: WCT holders decide on service fees, shaping the ecosystem's economy.