Pedro Gomes, Founder of WalletConnect

Nov 1, 2023

Pedro Gomes, Founder of WalletConnect, discusses the origins of WalletConnect, architectural changes in v2, and the EIP-6963. They also explore the intersection of WalletConnect with embedded wallets and smart accounts.

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Introduction

00:00 • 2min

Evolution of Wallets and Browsers in the Ethereum Ecosystem

01:30 • 18min

Improving Relayers and Exploring WebRTC

19:59 • 4min

Creating Separate Gossip Networks for Different Applications

23:41 • 2min

Censorship Concerns and Incentives

25:33 • 18min

The Challenge of Blind Signing and Future of Authorization

43:38 • 2min

Cryptocurrency Predictions and WalletConnect Technology

45:10 • 3min

Challenges and Solutions in Crypto App Design

48:38 • 14min

Privacy-Preserving Properties and EIP Process

01:02:16 • 5min

My guest today is Pedro Gomes, better known as @pedrouid on twitter. Pedro is the founder of WalletConnect, the most important software for connecting wallets to dapps. On this episode, Pedro joins the show to discuss WalletConnect's origins and the architectural changes introduced in WalletConnect v2. We also go in-depth on the recently finalized EIP-6963: Multi Injected Provider Discovery, which brings together the most popular browser wallets to solve the instability caused when more than one wallet provider is injected into the same browser session. Finally, we touch on how WalletConnect will intersect with embedded wallets and smart accounts. It was a pleasure getting to know Pedro and WalletConnect better in this conversation. I hope you enjoy the show. As always, this show is provided as entertainment and does not constitute legal, financial, or tax advice or any form of endorsement or suggestion. Crypto has risks and you alone are responsible for doing your research and making your own decisions. If you enjoy Web3 Galaxy Brain and would like to support the show, please send me a tweet or DM saying why you listen and what makes Web3 Galaxy Brain special for you. I'll post the best testimonies to the show's website. Thank you! Links https://docs.walletconnect.com/advanced/migration-from-v1.x/what-changed-from-v1.0 https://eips.ethereum.org/EIPS/eip-6963 https://eips.ethereum.org/EIPS/eip-4337

Chapters

(00:00:00) Intro (00:01:19) Interview starts (00:01:48) EIP-7212 (00:02:20) Early dapp history (00:06:20) EIP-1193 (00:08:40) Web3Modal and wallet connect SDKs (00:14:05) WalletConnect v1 (00:18:00) WalletConnect v2 (00:20:15) Signaling servers (00:26:10) Relayer incentives (00:27:15) Why do I need a projectId to use WalletConnect v2? (00:30:25) How many wallets are active? (00:31:40) Using Safe with WalletConnect (00:33:20) Wallet Terminology (00:34:00) Smart Accounts (00:36:00) The remote connection protocol is only 20% of what WalletConnect does (00:38:40) Coming soon: Cross-dapp single signer embedded in Web3Modal (00:42:20) Safe Core vs 4337 (00:43:00) Why doesn’t WalletConnect work over VPN sometimes? (00:43:50) Are discrete software wallets going away? (00:45:40) How does WalletConnect work? (00:47:40) WalletConnect notifications (00:49:05) EIP-6963 and the window.ethereum problem it solves (00:54:15) The window.ethereum wars (00:55:00) Mobile & browser wallets (00:58:00) Wallet standards EIP-1328, 1193, and 6963 (00:59:42) How EIP-6963 works (01:01:20) Fingerprinting protection (01:03:10) EIP process tips (01:04:50) Outro and links