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WalletConnect: The Web3 empire hidden behind QR codes is redefining on-chain sovereignty.
When fingers glide across the phone screen, scanning the Uniswap QR code in Trust Wallet, a silent technological revolution has already been completed. This is not a simple login action, but a secure channel established through the WalletConnect protocol — your private key remains securely locked locally, and the dApp only gains temporary signing permissions. This 'touch the key, not the key' design has become the trust cornerstone for the interaction of 48 million monthly active wallets with over 6,000 dApps, safeguarding over 300 million value transfers.
History of connection evolution: from scanning tools to protocol layer overlords
The V1 version born in 2018 was merely a 'temporary bridge' to solve communication between wallets and dApps, while the V2 protocol launched in 2023 has transformed into the nervous system of Web3:
WalletConnect: The 'Secure Bridge' to Connect Web3
1.
Imagine you want to use a blockchain application (DApp) on your computer, but your crypto assets are stored in your mobile wallet. How can you securely allow them to 'talk' to each other? This is where WalletConnect comes into play.
2. What is WalletConnect
WalletConnect is an open-source protocol, acting as a secure communication bridge, allowing different blockchain wallets (especially mobile ones) to easily and securely connect to various decentralized applications (DApps), regardless of whether the DApp runs on a computer browser, mobile phone, or tablet.
3. Core principles: Secure QR code connection
1. Initiate connection: Select WalletConnect for login/operations on the DApp, which generates a QR code or connection link.
WalletConnect: The invisible veins of the Web3 world are reconstructing the genes of on-chain interaction.
#WalletConnect $WCT @WalletConnect When you exchange on Uniswap with a simple click or complete an NFT transaction on OpenSea, behind the instant scanning action, a 'digital nerve' that supports the entire decentralized world is silently operating — it is the WalletConnect protocol. Without flashy token gimmicks or exaggerated market speculation, this protocol, with an average of 48 million active wallets connected per month and processing over 300 million requests, has become the true underlying lifeblood of the Web3 world.
The ultimate guardian of private keys
In stark contrast to the traditional internet's account-password system, WalletConnect has established a revolutionary security paradigm. It equips each user with a dedicated diplomat: when a wallet connects to a dApp, a protected communication tunnel is built through an encrypted QR code, while the user's most core asset key — the private key — remains securely locked in the local wallet's vault. Decentralized applications only gain temporary transaction signing permissions, akin to obtaining a time-limited stamp on a document, and can never touch the vault key. This mechanism allows over 500 wallets, such as MetaMask and Trust Wallet, to securely access more than 6,000 application scenarios like Uniswap and Aave, building the trust foundation of the value internet.
WalletConnect, as the underlying protocol of the Web3 world, connects an average of 48 million active wallets monthly and has processed over 300 million requests in total. It establishes a communication tunnel through encrypted QR codes, ensuring the security of private keys and allowing over 500 wallets to securely connect to more than 6,000 applications.
The V2 version supports seamless switching between over 150 blockchains, with strong resistance to interruptions, enhancing user experience. The WCT governance token, set to launch in 2024, will allow users to stake for rewards and participate in governance, promoting community autonomy within the protocol.
Its connection volume has grown by 41% during the bear market, forming a closed-loop economy through the "connection tax" system. As a key infrastructure for on-chain interactions, it is becoming a fundamental element of the new era. #WalletConnect $WCT @WalletConnect
WalletConnect: The invisible connector of the Web3 world, reshaping decentralized interaction experiences
When you use your wallet to scan a QR code to log into a dApp or confirm a signature, have you ever wondered how this 'smooth experience' is achieved? The answer lies in the open-source protocol known as WalletConnect—it acts as a universal USB interface in the Web3 world, allowing wallets and dApps to communicate securely across the technical divide, while your private keys remain firmly in your control.
Secure connections, private keys never leak
The core value of WalletConnect lies in its security architecture. Users establish connections by scanning encrypted QR codes or deep links, with all communication protected by end-to-end encryption and Transport Layer Security (TLS) protocols. Most importantly, private keys are always stored in the user's local wallet; the dApp only obtains transaction signing permissions, fundamentally eliminating the risk of private key leakage. This 'no-touch-key' design makes it a trusted cornerstone for connecting over 500 wallets like MetaMask and Trust Wallet with over 6,000 dApps such as Uniswap and Aave.
Binance 'Holding Coins for Interest': Easily Start Earning on Crypto Assets
Brothers, don’t let the idle coins in your Binance spot account sit there! Try holding coins for interest #SoftStaking ; it’s a sure-fire lazy investment technique, earn pocket money while lying down.
1. What is this?
Simply put, Binance will automatically take the coins 'sleeping' in your spot account (like BNB, SOL, USDT, FDUSD, etc.) and stake them on the blockchain to earn interest. No need to operate nodes or lock up funds, earnings are automatically credited to the spot account daily, and it does not affect trading or withdrawing at any time, which is like giving idle money a 'money-making' boost.
2. How to start? Super easy!
In the Binance App, click [Wealth Management] → find [Holding Coins for Interest] → one-click activation; on the web version, operate on the principal-protected earning coins page, done in 10 seconds, no further action needed, the system runs automatically.
#BNB创新高 #ETH重返3800 Bull markets still require guarding the spot market, participating less in speculation, living longer, The most important thing is having no pressure, feeling refreshed, and happily giving everyone red envelopes 🧧🧧🧧, this will really help you live longer, and you will have the opportunity to spend the money you earn 😂😂😂
Look at BNB's actions; they truly understand the principle of 'the rarer, the more valuable'. From 2017 to now, they have burned over 60 million BNB, reducing the total supply from 200 million to about 139 million. This is not just talk; every quarter, without fail, they destroy a significant amount, and with every transaction on the chain, a little is quietly burned, working together to slim down BNB.
The goal is very clear: aiming for a total of 100 million coins. The more they burn, the less remains, and naturally, the more valuable it becomes. This continuous burning is like giving BNB's value a booster shot, ensuring its scarcity. If you want to check how much has been burned each time and its value, the BNB Chain official blog and Coin Tools website record it clearly. In simple terms, the BNB team is proving with real actions that they are serious about deflation and creating long-term value for coin holders. This approach is reliable! Hold on to your spot 😉#bnb一輩子
BNB ecosystem treasury layout upgraded again! Windtree Therapeutics ($WINT) announced two major financings today:
A $500 million equity line of credit (ELOC) agreement. An additional $20 million common stock purchase agreement. Core objective clear: The company plans to allocate 99% of the total financing amount to purchase BNB.$BNB
The dog house is just staring at me with these few hundred u...... it's boring, I'm not playing anymore... Contracts make it seem like I'm just unlucky to this extent, opening a long at 0.517, and you drop me to 0.4630, I can't take it and close the long position, then open a short at 0.4659, and it just keeps rising to 0.633. Anyway, it's shorting at the lowest point and going long at the highest point. After playing contracts for so long, this isn't the first or second time this has happened. I'm really quitting. It always makes players doubt their own luck, but in reality, they just treat players like pigs to be slaughtered.