In the Web3 ecosystem, WalletConnect is gradually becoming an indispensable infrastructure. Its importance is reflected in several aspects:

First of all, WalletConnect adheres to the principle of minimizing trust. Users do not need to expose their private keys or account permissions to decentralized applications (DApps), significantly enhancing security.

Secondly, it plays the role of "glue" in the ecosystem. WalletConnect successfully bridges the communication barriers between wallets, DApps, and various blockchains, facilitating interoperability across the entire ecosystem.

Furthermore, WalletConnect adheres to the principle of user sovereignty. All interaction decision-making power is completely in the hands of the user's local wallet, ensuring that users have absolute control over their digital assets.

It is worth mentioning that the decentralized protocol design of WalletConnect effectively avoids single points of failure and enhances the system's resistance to censorship.

In practical applications, the advantages of WalletConnect are particularly prominent. For example, when users need to conduct transactions on DApps, they can seamlessly send transaction requests to the MetaMask wallet on their mobile phone for confirmation via WalletConnect. This process not only eliminates the hassle of copying addresses or switching devices, but more importantly, the DApp has no access to the user's assets throughout the process, greatly enhancing security.

With the launch of WalletConnect 2.0, its functionality has been further expanded. The new version supports multi-chain account abstract wallets, push notifications, and off-chain messaging protocols, steadily moving towards becoming a universal communication layer for Web3. Under the governance model driven by the WCT token, the community will continue to lead the direction of protocol upgrades, further consolidating WalletConnect's position as the core infrastructure for on-chain connectivity.

The development of WalletConnect will undoubtedly bring more possibilities to the Web3 world, and we look forward to seeing its performance in the future.