Community Call

In the vast realm of Web3, users often face the hassle of switching between multiple wallets. It's like holding a jumble of keys, where each time they open a different application, they need to carefully select the right one. This cumbersome process is not only time-consuming but can also lead to what is known as "connection anxiety." However, the emergence of WalletConnect is completely changing the situation. It is like a magical universal key that can easily handle various Web3 scenarios. Whether entering the financial world of DeFi, appreciating the artistic hall of NFTs, or exploring the gaming realm of GameFi, WalletConnect provides fast and convenient access. Using WalletConnect, users can quickly establish a secure connection between their wallet and applications by simply scanning a QR code. This efficient connection method eliminates the cumbersome authorization process, greatly enhancing the user experience. You can easily switch between different Web3 platforms, just as smoothly as browsing through TV channels. The innovation of WalletConnect lies in simplifying the originally complex wallet switching process into a "one-click access". Users can keep their familiar wallets while gaining the ability to navigate freely throughout the Web3 ecosystem. It's like installing a universal interface on your device that can seamlessly connect with any Web3 application. Through WalletConnect, users can focus more on exploring the exciting content of the Web3 world, rather than being troubled by the cumbersome connection process. It opens a door for users to a broader Web3 world, allowing people to fully enjoy the fun and opportunities brought by this innovative field.

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The crypto assets sector has welcomed a major transformation. The release of the latest version of WalletConnect marks a significant advancement in multi-chain interoperability. This update allows users to access multiple blockchain networks through a single interface, including mainstream public chains like Bitcoin, Ethereum, and Solana, and even covers relatively niche chains like Hedera and Tezos. This innovation greatly simplifies the user experience. Now, whether purchasing NFTs on the Bitcoin network, participating in DeFi projects on Solana, or conducting cross-chain transfers on Ethereum, it can all be done through the same QR code. This means users no longer need to install multiple different wallet applications on their devices, significantly increasing convenience and efficiency. However, this multi-chain integration has also sparked an interesting discussion: does the multi-chain ecosystem represent the future development direction of Blockchain technology, or will it lead to the excessive dispersion of resources? This question is worth pondering for industry insiders and investors. With the continuous development of blockchain technology, innovative solutions like WalletConnect undoubtedly bring new possibilities to the entire industry. It not only enhances the user experience but also opens new avenues for interoperability between different blockchain networks. In the future, we may see more similar cross-chain integration solutions that further promote the development and maturity of the blockchain ecosystem.

In our daily Web3 activities, there is a key role that has been silently supporting us, and that is WalletConnect. This protocol, which was born in 2018, has now become an important link connecting over 600 wallets and 65,000 applications, supporting more than 300 million on-chain operations for 47.5 million users. The importance of WalletConnect cannot be ignored. It is essentially the infrastructure of Web3, addressing many pain points that users may encounter in their daily operations. For example, without WalletConnect, users may need to repeatedly verify their identity when switching between different chains and applications, which is not only cumbersome but may also pose security risks. WalletConnect effectively resolves these issues through end-to-end encryption technology, and its full on-chain interoperability feature makes interactions between different blockchains seamless. It is worth noting that WalletConnect recently launched the WCT token on the Optimism and Solana networks, and is gradually rolling out governance and staking functionalities. Considering that WalletConnect supports such a large volume of on-chain activities every day, its potential for generating revenue through ecosystem sharing and value-added services in the future should not be underestimated. Although WalletConnect may not have received the attention it deserves at the moment, this "ubiquitous yet little-known" infrastructure often contains the most stable investment opportunities. As the Web3 ecosystem continues to develop, the importance of WalletConnect may become increasingly prominent, warranting our ongoing attention.

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