In the field of Blockchain, security and usability are often seen as mutually exclusive features. Many people believe that you either choose a secure but inconvenient Cold Wallet or a convenient but riskier Hot Wallet. However, the emergence of WalletConnect seems to provide an innovative solution to this dilemma.

WalletConnect is not just limited to supporting mobile wallets; its true value lies in its ability to seamlessly integrate hardware or Cold Wallets into the usage flow of modern decentralized applications (DApps). This means users can enjoy a smooth user experience while maintaining a high level of security.

Imagine a scenario like this: your private key is securely stored in a Cold Wallet, and all signing requests are transmitted to your device through the secure channel of WalletConnect. Before performing on-chain interactions, you can also utilize relayers supported by the protocol to execute meta-transactions, where the relayer pays the gas fee, or batch process multiple signing requests and issue them all at once after local pre-validation. This approach not only lowers the operational threshold for ordinary users but also provides a viable technical pathway for institutions and custodial service providers to integrate compliant cold storage systems into on-chain operations.

More importantly, if WalletConnect's native token $WCT is used as an incentive or guarantee mechanism for relayers, hardware integrators, and security auditors, it is expected to promote the formation of a decentralized relayer market and hardware certification system. Participants who can provide stable and secure payment or forwarding services can earn returns by staking or charging service fees. This mechanism not only avoids the centralization risks brought by a single payment point but also makes high-security solutions a sustainable business model.

However, any emerging technology comes with challenges and risks. For WalletConnect, the issues that need attention include the degree of decentralization of relayers, how to effectively guard against replay attacks, and who will bear the costs associated with payment on behalf of others. The resolution of these issues will directly affect the healthy development and long-term sustainability of the WalletConnect ecosystem.

With the continuous evolution of blockchain technology, innovative solutions like WalletConnect are redefining our understanding of wallet security and usability. It not only provides individual users with a more secure and convenient way to manage their assets, but also opens up new possibilities for the development of the entire industry. In the future, we have reason to expect more similar innovations that will further promote the popularization and application of blockchain technology.