Wallet Connect

Unlock the power of decentralized finance with Wallet Connect. Safely link your wallets, ensuring quick and secure access to your crypto holdings.

What is WalletConnect?

A misconception of WalletConnect is that it is often referred to as an application; however, this is not the case. Rather than an app, WalletConnect is an open-source protocol used to establish a connection between various wallets and dApps. The protocol establishes an encrypted connection between two applications, wallets, or devices. This connection is symmetrically encrypted through a shared key of the two peers.

WalletConnect works with over 75 leading wallets where MetaMask, Rainbow, Trust Wallet, and Argent are the most popular ones. The connection between wallets and dApps is established either by scanning a QR-code or deep link. The code or link is sent out by one peer and then scanned or approved by the other peer of the interaction. If WalletConnect is integrated into a dApp, it is extremely easy to create a safe and reliable connection. This alternative is even safer than solely using MetaMask or any of the other wallets.

WalletConnect offers additional useful features that come in handy for blockchain development. Here are a few examples:

• Chain Agnostic – As of now, WalletConnect supports a variety of different chains. This means that it is possible to use WalletConnect when, for example, working with Ethereum or Solana. Furthermore, according to WalletConnect’s official website, the protocol will expand to support even more chains in the future.

• Multi-Chain – Along with supporting several different chains, the protocol also allows for a multi-chain integration. This means that it is possible to connect a wallet to multiple chains simultaneously.

• Platform Agnostic – Moreover, WalletConnect is also platform agnostic. This means that the protocol can be used across desktop, browser, mobile, and gaming applications.

If you’d like to take on a challenge involving crypto wallets, check out Moralis’ article on how to build a crypto wallet in 4 steps.