What is Wallet Connect and How Does It Work?

Wallet Connect is an open-source protocol that enables secure connections between decentralized applications （dApps） and cryptocurrency wallets. It establishes a secure communication channel between wallets and dApps through end-to-end encryption, ensuring that private keys never leave the user\“s device.

The protocol works by generating a QR code that users can scan with their mobile wallets to establish a connection. Once connected, users can interact with dApps directly from their wallets without compromising security. This eliminates the need for manual address copying and pasting, reducing the risk of errors and phishing attacks.

Wallet Connect supports multiple blockchain networks including Ethereum, Polygon, Binance Smart Chain, and others. It has become an essential tool in the Web3 ecosystem, providing seamless integration between different wallets and dApps while maintaining the highest security standards.