Community Call

As the Web3 ecosystem continues to evolve, security issues have gradually become the focus of industry attention. Looking back at last year, losses from on-chain security incidents reached as high as $1.7 billion. This astonishing figure reveals not a flaw in the Blockchain technology itself, but rather the carelessness of users during the authorization and signing processes. As a seasoned participant in the Web3 space, I deeply understand the importance of security for the entire ecosystem. Among the many solutions, the WalletConnect protocol stands out, not only for its convenience but more importantly for its outstanding performance in security. WalletConnect employs a series of advanced security measures, including the principle of least privilege, revocable session mechanisms, and transparent and readable signing processes. These features begin managing potential risks from the point of user interaction, rather than merely relying on post-event remediation. It is worth mentioning that the token economic model of WalletConnect cleverly binds the interests of developers, users, and the community together to jointly maintain and enhance security standards. This innovative model is more flexible and sustainable than traditional protocol layer upgrades, making it an indispensable "security collaboration partner" in the Web3 ecosystem. As institutional investors are gearing up and real-world assets (RWA) gradually move on-chain, the demand for security will reach unprecedented heights. At this critical moment, projects that can simultaneously balance experience and security at the user entry level will have an advantage in attracting new users. In fact, building a secure Web3 environment is a systematic project. In addition to ensuring the robustness of the underlying Blockchain, optimizing the intuitiveness and controllability of the entry experience is equally important. WalletConnect has set a good example in this regard, and we look forward to seeing more projects embed security concepts from the very first step users take when interacting with Web3. Looking ahead, as Web3 technology continues to evolve, security will remain a core driving force for industry development. Only those projects that can find the perfect balance between user-friendliness and risk management will stand out in this rapidly evolving field, winning the trust of users and the favor of the market.

In the Web3 field, behind every scan to connect the wallet, there hides a little-known "toll booth". This booth is none other than WalletConnect—the connection giant in the Web3 world. The influence of WalletConnect is astonishing. It has successfully integrated over 700 wallets and more than 70,000 decentralized applications (DApps), almost controlling the entire "traffic network" of Web3. Approximately 50 million users operate through its platform daily, with an annual transaction volume reaching billions of dollars, making it the main thoroughfare of the Web3 ecosystem. However, the potential of WalletConnect has yet to be fully realized. The value of its native token $WCT seems to be severely underestimated by the market. In the future, $WCT holders will have the opportunity to participate in network governance and may even earn from each connection. This model is similar to becoming a shareholder of the "digital highway," safeguarding the infrastructure by staking tokens and sharing in the profits. Currently, the service of WalletConnect is free, which can be seen as a user acquisition strategy. However, as the ecosystem matures, it is likely that a charging mechanism will be introduced in the future. At that time, users staking $WCT can expect to earn passive income from each connection. It is worth noting that WalletConnect is actively expanding its cross-chain landscape. From Ethereum to Solana, wherever toll booths are set up, revenue can follow. This makes $WCT not just a simple governance token, but a cornerstone of the entire Web3 connectivity layer. For ordinary users, there are now two choices: continue to simply use services and pay for others; or strategically layout $WCT to prepare for potential future gains. This choice not only concerns personal investment strategies but also reflects a judgment on the future development direction of Web3. The development trend of WalletConnect is worth paying attention to. It is quietly reshaping the way we connect in Web3 and may completely change the interaction model between users and decentralized applications in the future. Whether you are an ordinary user or an investor, understanding this trend will help grasp the development context of Web3.

In the Web3 field, newbies often face a series of daunting challenges. From system crashes when installing plugins, to the complicated task of recording mnemonic phrases, to being extremely cautious during every operation, these obstacles often deter new users. However, with the advent of WalletConnect, the user experience in Web3 is undergoing a revolutionary change. WalletConnect provides users with a convenient operation method similar to 'scan to pay' in mobile payments. By simply scanning a code for confirmation, users can easily log in to various Web3 applications, greatly simplifying the operation process. This innovative login method not only enhances user experience but also improves security. The advantages of WalletConnect are mainly reflected in two aspects: First, it transforms the user's smartphone into a secure private key storage device. This effectively prevents security threats such as phishing, ensuring the safety of the user's digital assets. Secondly, it allows users to freely explore various decentralized applications (DApps) on their computers while completely separating asset management from operations, providing a more flexible and secure usage environment. The popularity of WalletConnect has made it easy for even niche DApps to be accessed via QR code scanning, greatly enhancing user experience. Its emergence has addressed many pain points in the Web3 world: 1. Users only need one mobile device to log in to multiple platforms without having to remember numerous passwords. 2. The private key is always stored on the user's mobile device, reducing the risk of theft. 3. Compatible with mainstream wallets like MetaMask, achieving true cross-platform operation. The innovative proof of WalletConnect shows that the high threshold of Web3 is not insurmountable. With such tools, newbies can quickly adapt to the Web3 environment and easily participate in this emerging digital world. As similar tools continue to emerge and improve, we have reason to believe that the popularization of Web3 will accelerate, bringing convenience and opportunities to more users.

In the Web3 space, copyright registration has always been a key focus for creators. However, the traditional registration process often proves frustrating, particularly at the step of connecting wallets. Many creators have encountered various technical obstacles, such as wallet connection failures or slow information synchronization, which not only consume time and effort but also pose the risk of having their copyrights registered by others ahead of them. Recently, the emergence of WalletConnect has brought a breakthrough solution to this dilemma. Whether using MetaMask or other compatible crypto wallets, users can quickly connect to copyright registration applications by simply scanning a QR code. This convenient operation greatly simplifies the entire registration process, from filling in information to submitting works, and finally completing the registration, making the whole process exceptionally smooth. It is worth noting that WalletConnect not only improves efficiency but also enhances security. Since copyright information is directly linked to the user's encrypted wallet, this greatly reduces the risk of tampering with the work's information, providing additional protection for creators. As more and more Web3 copyright registration platforms begin to support WalletConnect, especially with the launch of its V2 version, cross-chain copyright registration has become more flexible. Creators can easily switch between copyright applications on different blockchains without the need for repeated complex connection operations, greatly enhancing the user experience. In addition, the WCT tokens in the WalletConnect ecosystem bring a new dimension of value to the copyright ecosystem. Holding these tokens not only allows users to participate in ecological governance but also enables them to share in the benefits of ecological development, providing additional incentives for those in need of copyright registration. Overall, WalletConnect's innovations have brought significant improvements to the Web3 copyright registration field, not only simplifying the operational process but also enhancing security and flexibility. For creators who value intellectual property protection, this is undoubtedly a powerful tool worth paying attention to and using.

Recently, news about the Trump family has sparked widespread follow. However, in the ever-changing world of Web3, the projects that are truly able to survive and thrive in the long term are often not those that are grandiose or have a prominent background, but those that are quietly focused on solving real user problems. Taking WalletConnect as an example, this project does not issue tokens and is not keen on creating hype or exaggerated marketing tactics. But in fact, if you look closely, you will find that almost all popular decentralized applications (DApps) and mainstream cryptocurrency wallets are using its services. Why has WalletConnect gained such widespread adoption? The answer lies in its practical solutions to the pain points users face daily: the complexity of cross-chain operations, the hassle of repeated authorizations, and concerns over private key leakage. Now, users simply need to scan a QR code to easily connect to the chain, handle signatures uniformly, while ensuring their assets are securely stored in their own hands, greatly enhancing convenience and security in usage. As the blockchain ecosystem continues to expand, with the emergence of new public chains like Arbitrum, Base, Solana, and Starknet, the user experience will become fragmented without robust infrastructure support like WalletConnect. Unlike certain popular protocols that often shout slogans of "disruption," WalletConnect chooses to quietly bear the complexity behind the scenes, providing users with a simple and direct experience. This "invisible yet indispensable" infrastructure is the key factor driving the Web3 industry towards mainstream adoption. They may not be as eye-catching as some high-profile projects, but they play a crucial role in practical applications. In the development of Web3, we need more foundational protocols like these to support the entire ecosystem. Although these protocols are not often mentioned, they are indispensable components for building reliable and efficient decentralized networks. Their existence allows complex blockchain technology to be accepted and used by the public in a more user-friendly way. With the continuous evolution of Web3 technology, we look forward to seeing more projects like WalletConnect emerge, which will continue to drive the industry forward and provide users with a more convenient and secure blockchain experience.