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The recently emerged @WalletConnect ($WCT ) has briefly explained its core technology in its white paper: this is an information transmission network composed of multiple nodes, specifically designed to connect wallets with various decentralized applications. In the past, these nodes were operated solely by WalletConnect, but they will soon change the company name to 'Reown' and gradually relinquish control, allowing other companies to participate as node operators of the #walletconnect network.

Reown's future business model will take a route similar to WordPress. Just like more than 40% of websites globally are built using the free tools provided by WordPress.org, many still choose to pay for the hosting services of WordPress.com. Reown intends to follow this path, transitioning from controlling core infrastructure to becoming a business platform that provides #WalletConnect usage and support services.

In addition, #wallectconnet has launched a token named #wct , distributed to users and developers within the community, allowing them to jointly own the future of this technology, equivalent to becoming 'consensus shareholders', laying the foundation for the decentralization and long-term development of the entire network. This step can be said to be the most exciting move in the operational layout of @WalletConnect ($WCT )!