A comprehensive insight into the WalletConnect
There are numerous crypto wallet extensions introduced in the crypto realm. The extension was launched to ease the working of the crypto wallets on the computer/laptop. Although, extensions are a great way of accessing the wallet through the web and it is safe also but WalletConnect is a protocol that permits the investors to connect with the wallet and decentralized apps. It is not an app but a protocol which is considered safe.
This open-source doesn’t run on a blockchain and it doesn’t involve any fees. It does have an API. In this read, we will be covering all the crucial aspects relating to the working of this protocol with your crypto wallet. We will beunderstanding the meaning of it, the common problems that often occur while working on it, the compatibility and the charges involved in using this wallet.
What is WalletConnect and how does wallet connect work?
Wallet Connect acts as a bridge which connects the decentralized applications (dApps) to your wallet. In other words, we can say that it is an open-source protocol that allows your wallet to interact with several decentralized applications. With this, an encrypted connection is built between the both. Users are notified of the incoming transaction through a push notification.
To get an overview of it, you can refer to https://walletconnect.com/and check out the complete detail regarding the same.