A Guide to Crypto Wallets: WalletGuide by WalletConnect

user avatar

by Giorgi Kostiuk

2 years ago

The WalletConnect Foundation and Reown have released WalletGuide, a comprehensive guide to crypto wallets, along with WalletConnect Certified, a set of UX standards.

Launch of WalletGuide and WalletConnect Standard

Nineteen crypto wallets have been certified by WalletConnect, including Binance Web3 Wallet, SafePal Wallet, TokenPocket, among others. Pedro Gomes, director of the WalletConnect Foundation, explained that certification criteria are based on user feedback and community collaboration. Key areas include minimizing clicks, reducing transaction friction, interoperability, and clear information provision. The CAIP-25 standard was crucial in this initiative.

Excellence in onchain UX standards includes several factors decided upon after user feedback and community collaboration.Pedro Gomes

New Approach to User Experience

According to Gomes, one of the major blockers for mainstream adoption is the complexity of UX. Contemporary blockchain application interfaces act as high technical barriers. Optimizing interaction chains and minimizing interoperability friction are also important for user experience enhancement. However, security concerns often complicate interaction with cryptocurrencies, decentralized finance, and Web3 applications.

Role of Crowdsourcing and Innovation

WalletGuide and WalletConnect Certified are community initiatives based on input from providers and users. Developers and the broader crypto community have consistently advocated for simpler interfaces and user experiences.

As the crypto industry continues to evolve, striving for enhanced user experiences becomes vital for attracting new users.

Tier I

Sector: #18291

Sealed Hiding Place Room

Resource Cache

Resource Cache

Tier I

Requires 25% Tier Progress to Claim
Meme Cache

Meme Cache

Tier I

Requires 50% Tier Progress to Claim
Equipment Cache

Equipment Cache

Tier I

Requires 75% Tier Progress to Claim

After collecting, hiding places will be stored in your inventory and can be opened with Keys.

Other news

Gate Reports Impressive Cold Storage Coverage Ratio

Gate's cold storage coverage ratio reached an impressive 104.58%, ensuring all user assets are secure.

user avatarRajesh Kumar

Gate Launches Innovative Proof of Security Framework

Gate has launched a new asset security verification framework called Proof of Security (PoSEC), becoming the first digital asset trading platform to implement such a system.

user avatarMiguel Rodriguez

US DOJ Launches Task Force to Combat AI Misuse

The US Department of Justice has launched a task force to combat the misuse of advanced artificial intelligence, ensuring American leadership is not compromised by bad actors.

user avatarLuis Flores

Mercado Bitcoin Suffers Major Security Breach with $48 Million Stolen

Mercado Bitcoin has reported a significant security breach, with over $48 million in assets stolen across 11 blockchains. The breach occurred on November 2, 2023, challenging the exchange's claims of containment.

user avatarArif Mukhtar

Trump's Stock Market Celebration Turns Sour

President Trump's celebration of Wall Street's highs quickly turned negative as the SP 500 plunged, prompting discussions of emergency trading halts.

user avatarMaria Gutierrez

Market Faces Emergency Trading Thresholds Amid Selloff

The US stock market approached emergency trading thresholds as the SP 500 faced significant declines, raising concerns among traders.

user avatarDavid Robinson

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.