• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

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.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

Binance Expands Monitoring Tag to New Tokens

chest

Binance has added ACT, BLUR, PIVX, and QKC to its Monitoring Tag list, indicating closer scrutiny of these tokens.

user avatarRajesh Kumar

Grayscale Research Highlights Professionalization in Crypto Asset Valuation

chest

The analysis of AAVE by Grayscale Research indicates a shift towards structured and professional approaches in crypto asset valuation.

user avatarMiguel Rodriguez

Grayscale Research Introduces Cashflow Valuation Framework for AAVE

chest

Grayscale Research has introduced a cashflow valuation framework for AAVE, highlighting the maturation of DeFi protocols.

user avatarLuis Flores

Uniswap Founder Highlights Regulatory Challenges for DeFi

chest

Hayden Adams highlights the regulatory challenges faced by DeFi protocols under US securities laws, calling for clearer regulations to support development and protect users.

user avatarArif Mukhtar

Arthur Hayes-Linked Wallet Accumulates 1,400 ETH Amid Market Reset

chest

A wallet linked to Arthur Hayes has purchased an additional 1,400 ETH, valued at around $251 million, indicating renewed whale activity in the Ethereum market.

user avatarMaria Gutierrez

Cardano's Van Rossem Upgrade Advances in Governance Phase

chest

Cardano's Van Rossem hard fork is progressing through its governance and validation stages, focusing on mainnet readiness.

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.