Recently, the Web3 sector has once again faced a security crisis. Multiple incidents have drawn attention: users of a certain blockchain platform's Hot Wallet suffered collective theft, with assets evaporating in an instant; a carefully disguised phishing application tricked users into signing through a spoofed connection page, resulting in asset transfers; and some users inadvertently used tampered contract addresses, losing tens of thousands of USDT.

The occurrence of these incidents is not due to users' lack of understanding of Blockchain technology, but rather because they failed to correctly comprehend and execute the importance of 'secure connections'. In the Web3 environment, the concept of wallet connections is fundamentally different from logging in in Web2. Connecting a wallet is essentially equivalent to opening your vault to strangers, and the level of risk is far greater than that of a typical account login.

Currently, Web3 users often feel confused when facing operations such as signing, authorizing, and calling. This highlights the necessity of a standardized process. In this context, WalletConnect was born.

WalletConnect is not a wallet in the traditional sense, but its importance may exceed that of the wallet itself. It serves as a connection protocol between wallets and decentralized applications (DApps), acting like an intelligent security gate. It can detect potential counterfeit DApps, clearly display authorization information, achieve multi-device synchronized control, and provide unified connection record management across multiple chains, effectively preventing users from forgetting to disconnect.

This protocol is not only an optional tool but also a necessary component of the Web3 ecosystem. WalletConnect is evolving from a mere protocol tool into a key platform for building the 'connection economy model'. Its token WCT is not only used to incentivize participation in the connection process but will also become a behavioral credit asset.

In the future, WCT may play an important role in the incentive mechanisms for adopting safer connection methods in DApps. With the continuous development of the Web3 ecosystem, innovative solutions like WalletConnect will play an increasingly important role in enhancing user experience and strengthening security.