What’s walletconnect’s business model? Concerned that all of mobile web3 infra is based on VC money with no decentralized protocol behind it.
Ser this is web3 we don't do business models
WalletConnect v1 was using Waku which is the successor to Whisper messaging protocol in the original Ethereum yellowpaper. WalletConnect v2 is post VC funding and seem like it will have a API payment model, which is a major downgrade IMHO. I will stick to v1.
they could charge for syncing they could also create a universal gas system