WalletConnect is an open-source protocol that enables secure connections between cryptocurrency wallets and decentralized applications (dApps) across various blockchain networks. It allows users to interact with dApps, such as DeFi platforms, NFT marketplaces, and decentralized exchanges, by connecting their wallets (e.g., Trust Wallet, MetaMask, Ledger) via QR code scanning or deep linking. Launched in 2018 by Pedro Gomes, it supports over 500 wallets, 6,000+ dApps, and 150+ blockchains, facilitating millions of secure connections.
Key features include:
- Encrypted Connections: Uses end-to-end encryption to ensure private keys remain secure within the user’s wallet, reducing risks of data exposure.
- Multi-Chain Support: Compatible with networks like Ethereum, Solana, Polygon, and BNB Chain, allowing seamless interaction across multiple blockchains.
- User-Friendly: Simplifies connections through QR codes or deep links, enabling quick access to dApps on mobile or desktop without complex integrations.
- Security: Transactions require manual approval, and private keys are never shared, enhancing user control and safety.
How to Use @WalletConnect with a Wallet
1.Open a dApp: Navigate to a dApp (e.g., PancakeSwap, Uniswap) and click “Connect Wallet.”
2.Select WalletConnect: Choose WalletConnect from the list of wallet options, which generates a QR code (desktop) or deep link (mobile).
3.Scan or Connect: Use your wallet’s QR scanner (e.g., in Trust Wallet) to scan the code or tap the deep link to initiate the connection.
4.Approve Connection: Confirm the connection in your wallet app.
5. Interact with dApp: Approve transactions as prompted, ensuring control over actions like trading or staking.
6. Disconnect: Manually disconnect via the dApp or wallet when done, or the connection may auto-terminate after inactivity.
