What Is WalletConnect (WCT)?
WalletConnect is a cross-chain protocol that allows crypto wallets to connect with DApps more efficiently and securely, without the need for browser extensions.
( 1 ) What makes the WalletConnect Network unique in terms of blockchain support?
It is fully chain agnostic
It supports only Ethereum
It supports a limited number of blockchains
It only supports major cryptocurrencies
( 2 ) Which of the following is NOT listed as a function of the WalletConnect Token (WCT)?
Advertising
Rewards
Staking
Governance
( 3 ) What entity now oversees the decentralized development of the WalletConnect Network?
WalletConnect Foundation
MetaMask Foundation
Reown
Web3 Foundation
( 4 ) What is blocking Web3 from reaching its full potential today?
Poor usability and limited accessibility
Centralized exchanges
High transaction fees
Lack of developers
( 5 ) How many cumulative connections has the WalletConnect Network facilitated as of the data shared?
Over 274 million
Over 10 billion
Exactly 100 million
Over 50 million
( 6 ) How does WalletConnect establish a connection??
Using QR codes or deep links
Through email verification
By sharing private keys
Via SMS codes
( 7 ) What is the WalletConnect Token (WCT) primarily used within the WalletConnect Network?
Powering UX innovation and enabling decentralized governance
Sending instant messages between wallets
Buying NFTs directly on the WalletConnect app
Mining new cryptocurrencies
( 8 ) What year did the WalletConnect Network begin its decentralization journey?
2023
2024
2021
2018
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