Ethereum wallet and protocol communication protocol WalletConnect is facing heat for blocking users from Russia and Ukraine. The protocol was criticized for defeating the purpose of blockchain and decentralization by controlling access to services. WalletConnect CEO Pedro Gomes cited legal and OFAC guidance as the reason behind the move.
Users even suggested that the fact that such an option exists is proof that the protocol is not truly decentralized. The point of being decentralized is so that no one authority or entity can control the actions of other participants, which has been evidently flouted by WalletConnect. Another user stated, “Seriously, I just lost my business forever.
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