WalletConnect: A Brief Discussion
The world of Web3 seems to be full of opportunities, but for newcomers, the first barrier is the wallet. Different applications correspond to different wallets, making operations complex and compatibility poor. The mission of WalletConnect is to break down barriers through a simple protocol and become the invisible infrastructure that drives large-scale adoption.
1. The Role of WalletConnect
WalletConnect is not a wallet, but a protocol. It allows any wallet to connect smoothly with any application using QR codes or keys. This design of a “universal plug” solves compatibility issues that have persisted for many years.
2. Recent Developments
WalletConnect V2 has been widely adopted, covering hundreds of wallets and DApps. It continuously upgrades its multi-chain compatibility, becoming an invisible standard in the industry. Developers are willing to adopt it because it saves adaptation costs; users are willing to use it because the experience is smooth.
3. Future Outlook
In the future, if Web2 applications connect to blockchain, WalletConnect has the opportunity to become a cross-border standard. For example, traditional businesses like payments and banking may connect with the Web3 world through it.