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In the early stages of Web3, using a wallet to connect to decentralized applications ( DApp ) is often a frustrating process. Users have to face various compatibility issues, much like playing a complex "cross-chain Hua Rong Dao" game. For example, when Ethereum wallet users attempt to connect to applications on Binance Smart Chain ( BSC ), they often encounter connection failures.
However, WalletConnect has revolutionized the situation with its innovative QR code solution. Whether you are using MetaMask, Trust Wallet, or other wallets, and regardless of whether you want to connect to a DApp on Ethereum, Solana, or other public chains, you can easily establish a connection by scanning a QR code. This convenient connection method is like installing a "universal adapter" for the Web3 world.
The success of WalletConnect is evident. According to statistics, 47.5 million users have completed 300 million secure connections through the protocol. It is worth mentioning that WalletConnect not only provides a convenient way to connect but has also made significant efforts in terms of security. It employs end-to-end encryption technology and has built-in anti-phishing mechanisms, greatly enhancing the security of users' assets.
Even more exciting is that WalletConnect is moving towards decentralized governance. By introducing the WCT token, users can participate in the decision-making process of the protocol, including voting to modify rules and staking to become nodes. This means that users are no longer just passive users but are becoming active participants and decision-makers in this "connection network."
As the Web3 ecosystem continues to evolve, infrastructure projects like WalletConnect will play an increasingly important role in facilitating interoperability between different blockchain networks and applications. It not only simplifies the user experience but also paves the way for the development of the entire industry.