Transfer to the wrong address in onchain is irreversible. Therefore, before sending stablecoin or crypto, they usually check the possession of the wallet manually: screenshot, signature, the person looks. It works on small volumes. There is a queue on the big ones and payments are slowed down.
@WalletConnect did otherwise. Wallet Verification: the user connects a wallet of 700+ and signs one message. This signature proves control over the address right now, without gas and without a test transaction.
The record for the audit is recorded immediately, the screening takes place in the same step. Everything works through an existing connection for deposits and payments.
Simple action. Cryptographic proof. Before the money goes away. $WCT
@WalletConnect did otherwise. Wallet Verification: the user connects a wallet of 700+ and signs one message. This signature proves control over the address right now, without gas and without a test transaction.
The record for the audit is recorded immediately, the screening takes place in the same step. Everything works through an existing connection for deposits and payments.
Simple action. Cryptographic proof. Before the money goes away. $WCT