WalletConnect is a crypto bridge that allows self-custody crypto wallets to connect to decentralized applications in Web3.
WalletConnect allows hundreds of crypto wallets to connect to decentralized applications (dApps) by simply scanning a QR code. In this article, we’ll show you how.
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WalletConnect is a crypto protocol that allows users to connect their self-custody crypto wallets to decentralized applications (dApps) by scanning a QR code.
WalletConnect offers encrypted connections, push notifications, and decentralized messaging for enhanced security, ensuring private keys remain within the user’s wallet.
It acts as a secure bridge between a dApp and a wallet
To connect with WalletConnect, your Web3 wallet must be supported by the protocol.
Connecting to a dApp is simple as you only need to scan a QR code.
Pedro Gomes created WalletConnect in 2018 to allow users to connect their self-custody crypto wallets to decentralized applications (dApps).
In order to interact with a dApp, you must first connect your crypto wallet.
Most decentralized finance (DeFi) dApps like Uniswap have integrated popular crypto wallets (e.g. MetaMask) into their platform, as seen below.
But what if the crypto wallet you use doesn’t appear on the list of supported crypto wallets for a dApp?
How Does WalletConnect Work?
WalletConnect acts as a secure bridge allowing crypto wallets to connect to dApps. After you are connected, this protocol allows for:
Secure transaction signing
Any chain and multi-chain support
WalletConnect works by leveraging QR tech and encryption to allow users to confidently interact with hundreds of different dApps.
How Do I Connect to a dApp With Walletconnect?
In order to use WalletConnect, follow the below steps:
Trust Wallet (Binance)
ArgentVisit A Supported dApp: Visit the site of a dApp that WalletConnect supports
2. Click ‘Connect Wallet’ and Choose ‘WalletConnect
3. Scan QR Code: Using your mobile wallet (ios or Android) app’s camera, scan the QR code displayed on the dApps
4. Accept Connection Request
And voila! You have now connected your crypto wallet to a dApp! Make sure to disconnect your wallet when you have concluded your business.
Is WalletConnect Secure?
WalletConnect is considered a secure way to connect to dApps for the following reasons:
WalletConnect offers secure, private, and encrypted connections between self-custody wallets and dApps.
Extra measures, such as push notifications and decentralized messaging capabilities, make it difficult for hackers to gain access to a wallet.
Private keys are stored within your wallet, which prevents them from being exposed to a protocol.
WalletConnect does not store your data on its servers.
WalletConnect is an open-source protocol with an engaged community
WalletConnect is one of the most popular ways to connect to Web3 applications and is considered to be legit.
WalletConnect bridges crypto wallets to dApps. The Bitcoin network does not offer dApps, so WalletConnect has a limited Bitcoin presence.
Blockchains that WalletConnect supports include Ethereum (ETH), Polygon, Solana, Optimism, Avalanche & Cosmos.
There are several reasons why WalletConnect may not be working for you.
Your wallet is not supported
Your wallet is running on an old version
Internet connectivity issues
The QR code was scanned improperly (failed deep link)
You are using an unsupported browser
WalletConnect is a bridge that connects a wallet to a dApp, while Metamask is often used to connect directly to a dApp. You can use MetaMaks via WalletConnect. Therefore, neither MetaMask nor WalletConnect is inferior. However, WalletConnect does offer greater security than connecting a wallet directly to a dApp.
The purpose of WalletConnect is to connect cryptocurrency wallets to decentralized applications. It does this safely by using QR codes and encryption technology.
You can connect your wallet to a dApp’s website by either a direct connection or via WalletConnect if your chosen dApp doesn’t support your digital asset wallet directly.