Wa𝓵𝓵𝓮𝓽 𝓒𝓸𝓷𝓷𝓮ct v2.0 - WalletConnect - GitBook

Wallet Connect is an open protocol to communicate securely between Dapps and Wallets. The protocol establishes a remote pairing between two apps and/or devices using

Wa𝓵𝓵𝓮𝓽 𝓒𝓸𝓷𝓷𝓮ct v2.0 - WalletConnect - GitBook

WalletConnect is an open-source protocol that enables secure and trustless communication between decentralized applications (dApps) and mobile cryptocurrency wallets. It allows users to interact with dApps using their mobile wallets while maintaining control over their private keys. In this guide, we will explore what WalletConnect is, how it works, its key features, and the benefits it offers to users. 1. Introduction to WalletConnect: WalletConnect is a protocol that bridges the gap between dApps and mobile wallets, providing a seamless and secure user experience. It was developed to address the limitations of traditional browser-based wallets, such as the need to rely on browser extensions or input private keys directly into websites. 2. How WalletConnect Works: WalletConnect operates on a client-server model, where the client represents the dApp and the server represents the mobile wallet. Here's an overview of how WalletConnect works: a. QR Code Pairing: To establish a connection between a dApp and a mobile wallet, the dApp generates a unique QR code containing a session request. The user scans this QR code using their mobile wallet app. b. Encryption and Secure Communication: Once the QR code is scanned, the mobile wallet app decrypts the session request and establishes a secure encrypted channel with the dApp. This ensures that the communication between the dApp and the wallet remains private and tamper-proof. c. Transaction Signing: With the connection established, the dApp can send transaction requests to the mobile wallet. The wallet app prompts the user to review and sign the transaction using their private key. The signed transaction is then sent back to the dApp for broadcasting to the blockchain network. d. User Control and Privacy: WalletConnect ensures that users always have control over their private keys. The private keys never leave the mobile wallet and are never exposed to the dApp or any third-party server. This enhances user privacy and security. e. Session Persistence: Once a connection is established, the session remains persistent until explicitly closed by the user. This allows users to interact with multiple dApps without the need to repeatedly scan QR codes or establish new connections. 3. Key Features of WalletConnect: WalletConnect offers several key features that make it a popular choice for mobile wallet integration: a. Trustless and Non-Custodial: WalletConnect is designed to be trustless and non-custodial. It ensures that users retain control over their private keys and do not need to rely on third parties to manage their funds. This aligns with the core principles of decentralization and self-sovereignty in the cryptocurrency ecosystem. b. Cross-Platform Compatibility: WalletConnect is compatible with various mobile wallet apps and dApps across different platforms, including iOS, Android, and web browsers. This allows users to seamlessly interact with decentralized applications regardless of their preferred mobile operating system. c. Open-Source and Community-Driven: WalletConnect is an open-source protocol, meaning that its codebase is publicly available for review and contributions. This fosters a collaborative and transparent development environment, ensuring that the protocol can evolve and improve based on community feedback and contributions. d. Wide Adoption: WalletConnect has gained significant adoption within the cryptocurrency ecosystem. Many popular mobile wallets and dApps have integrated WalletConnect, providing users with a wide range of options for interacting with decentralized applications securely and conveniently. e. Enhanced User Experience: By leveraging WalletConnect, users can interact with dApps using their mobile wallets, eliminating the need for browser extensions or manual input of private keys. This streamlines the user experience and reduces the friction associated with accessing and using decentralized applications.