Benefits
- WalletConnect would likely fix some or most of the issues identified in
Optimize Optimism Fractal Web App, Fractalgram, and Fix Errors
- This would enable easy sign in with mobile and desktop via QR code, as well as many other wallets
- See
Fix the UX where it defaults only to Metamask and prevents using another wallet (and probably implement WalletConnect) for an example - WalletConnect was recommended by a developer named Zeugh in the video he recorded in the link above
What is WalletConnect?
WalletConnect is an open protocol that facilitates secure communication and connection between decentralized applications (DApps) and mobile wallets through QR code scanning or deep linking. It's designed to work with any Ethereum and smart contract blockchain, providing a user-friendly way to connect a blockchain wallet to a DApp without exposing private keys or seed phrases.
Here's a breakdown of how WalletConnect enhances the user experience in the decentralized web:
- Security: It maintains high security by ensuring that your wallet's private keys never leave your device. Communication happens over encrypted channels, keeping transactions secure.
- Compatibility: WalletConnect is blockchain-agnostic, meaning it supports various blockchains, primarily focusing on Ethereum-compatible ones. This wide compatibility makes it a versatile tool for users and developers alike.
- User Experience: By simply scanning a QR code or following a deep link, users can securely connect their mobile wallet to a DApp on a desktop or another device. This process removes the need for manual entry of sensitive information, streamlining the interaction.
- Cross-Platform: WalletConnect is not tied to any specific wallet or DApp, enabling users to connect any supported wallet to any compatible DApp, enhancing interoperability within the decentralized ecosystem.
- Session Management: It allows for the creation of secure and interactive sessions between wallets and DApps. Users can approve or reject transactions and messages directly from their mobile devices, giving them full control over their digital assets.
WalletConnect has become a critical component in the decentralized finance (DeFi) and wider blockchain ecosystem, facilitating a seamless, secure, and user-friendly way for users to interact with DApps across various devices.
Integrating WalletConnect with Privy
Does privy work with walletconnect? Can you add walletconnect as an option when signing in with privy?
Yes, Privy does work with WalletConnect. WalletConnect is an essential part of the connector infrastructure that Privy has built for its users. It was created to simplify the process for developers to integrate a wide variety of wallets, ensuring that users can connect to apps with any wallet they choose. This makes WalletConnect an invaluable tool within Privy's ecosystem (Privy | Onboard all your users to web3).
Additionally, the Privy platform allows for the configuration of your own WalletConnect project ID through its settings. This is an optional step and is only necessary if you wish to use your own project ID instead of the default provided by Privy (Privy Docs).