Brave built their own crypto wallet in their browser

[ad_1]

Brave announced that its web browser now includes a native cryptocurrency wallet, replacing the previous one based on the MetaMask wallet extension. With that, most users should have their blockchain needs covered (depending on which blockchain they are using, more on that in a second): they will be able to buy, sell, and trade cryptocurrencies like Ethereum, store their NFT, keep track of how much coins are selling for and experience the magic of Web3, or websites with built-in blockchain functionality.

Brave also says that its built-in wallet will use less CPU resources than extension-based ones (like the aforementioned MetaMask) and be less susceptible to phishing or NFT theft attempts.

The wallet appears to work primarily with Ethereum or Ethereum blockchains (those that support EVM, like Polygon, or Layer 2 systems designed to make transactions much faster). Currently, this means that you cannot buy some of the other popular cryptocurrencies from the wallet, like Dogecoin or Bitcoin (although you can buy packaged Bitcoin, which is essentially an Ethereum token whose value is pinned to that of Bitcoin). But hey, since a lot of NFTs are stored on Ethereum, you can at least use Brave Wallet to store them.

Brave’s home screen has several out-of-the-box crypto links. It’s no surprise he added a wallet.

Brave has been paying attention to blockchain and the websites built on it for quite some time. Years ago, he started recommending that users install MetaMask if they were on a website that could connect to the blockchain to provide additional functionality (usually related to payments). Now, Brave is finally getting built-in support for these websites3 (or “dapps,” a hanger of “decentralized apps” and a word I desperately hope I will never hear out loud in real life). It also recently added support for decentralized technology which some say will prevent NFTs from disappearing if an image hosting site goes down.

Brave says that wallet functionality will currently be limited to its desktop browser, but hopes to add it to its Android and iOS versions (although he notes that iPhone users likely won’t be able to use the websites. blockchain-based output). There’s still a possibility that Brave might have issues with Apple’s App Review, although the company doesn’t currently appear to be aggressively against crypto – MetaMask has an iOS app, and Tim Cook said he’s invested in it. cryptocurrency and called NFTs “interesting”.

Given that Brave has paid users in blockchain tokens since its launch (which obviously can be stored in the Brave Wallet), it makes sense that it is adding more and more functionality for people interested in crypto. And it’s likely that a good chunk of Brave users will benefit from a crypto wallet, based on the browser’s long-standing support for currencies and blockchain apps – as long as they’re willing to import their crypto assets. , which the Brave tool supports. other auto-guard or some hardware wallets.

[ad_2]