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The core concept of Web3 is to empower users to control their own data and assets, but the connection between wallets and decentralized applications (dApps) has always been a significant challenge on the road to achieving this vision. Users either need to rely on browser plugins or are limited to a single blockchain, and they may even face the risk of Private Key leakage. However, since the launch of the WalletConnect protocol in 2018, this situation has begun to undergo fundamental changes.
As an open-source protocol, the design philosophy of WalletConnect is to break down various barriers. It is not affiliated with any specific Blockchain and is not bound to any single Wallet. Instead, it plays the role of a neutral 'super interface', enabling free communication between over 600 wallets on more than 170 Blockchains and 65,000 dApps. Whether connecting Trust Wallet on a mobile phone to Aave on a computer, or quickly switching from trading on Polygon to purchasing NFTs on Solana, WalletConnect seamlessly adapts without requiring users to switch wallets.
Security is at the core of WalletConnect. It employs end-to-end encryption technology to ensure that session data can only be interpreted by the user's Wallet and dApp, while the Private Key always remains on the user's device. This design allows users to connect to unknown dApps without worrying about asset security, reflecting an innovative concept of 'zero trust but secure.' It is this security that has attracted the choice of 47.5 million users.
In 2023, the WCT token launched on Optimism and Solana, injecting new vitality into the ecosystem. Token holders can earn rewards through staking while participating in voting decisions for protocol upgrades, such as whether to support new blockchains or how to optimize multi-chain transaction speeds. This 'users as governors' model elevates WalletConnect from a purely technical tool to an ecosystem built collaboratively by the community.
Currently, millions of users participate in DeFi, NFT, and GameFi activities through WalletConnect every day, while developers quickly build cross-chain applications using its toolkit. While the industry is still debating 'which chain represents the future', WalletConnect has already proven with 400 million transactions that the real future lies in connecting all Blockchains.
Participating in the WalletConnect ecosystem not only allows for a smooth interactive experience, but more importantly, provides the opportunity to take part in the process of defining Web3 infrastructure. In the current Web3 landscape, a platform that enables all participants to benefit together is the true cornerstone of the industry. WalletConnect is redefining the interactive logic of Web3 through its revolutionary connection method, paving the way for the development of the entire industry.