The Brave browser now has a built-in cryptocurrency wallet that supports cryptocurrency tokens, including non-fungible tokens which are called NFTs.
Brave Browser:
The Brave Browser performs the functions of other web browsers like Chrome, Firefox, or Safari. But the difference is it blocks websites from tracking you and selling your data, by using active tracking blockers and ad-blockers. These features have earned it the nickname the Privacy Browser. But there are other browsers that specialize in similar tracking blocking and ad-blocking, so now there is a new category of web browsers known as Privacy Browsers. They each have differing degrees of privacy protection. Some of the other privacy browsers have less features then Brave, and some have additional features beyond those of the Brave, like VPN: Virtual Private Networks. However, this market is in a constant state of flux, as in change, so by the time your read this Brave might have a VPN. Additionally this new brave feature was just released on desktop, but by the time you read this it may be available for mobile operating systems like Apple iOS or Android.
Brave has their own cryptocurrency token:
The company that produces the Brave Browser is called Brave Software Inc., also produces a cryptocurrency called BAT or the “Basic Attention Token”. Brave Software Inc. is led by the founder of JavaScript itself, Brendan Eich.
Pay for Browsing:
The main feature of the Brave Browser is a built-in advertisement platform that allows users to choose to view advertisements and earn cryptocurrency in return for giving their attention to the advertisements. This is the exact reason for the tokens name Basic Attention Token. It’s a disruptive feature, which seeks to change the basic monetary structure of the web from a model where Google gets all the money for your attention, to where the money is shared with you.
Your caught-up
Now that you know some background on Brave Browser, you can see how this built-in browser is a good addition to an already popular product.
Brave Browser browser integrated cryptocurrency wallet.
The title of the article and the focus of this post is this new feature of the Brave Browser. An integrated cryptocurrency wallet, which isn’t a browser extension.
Possible advantages over browser extension
- Why an browser integrated cryptocurrency wallet versus a browser extension cryptocurrency wallet?
The developers of this product, whom work for Brave Software Inc., state that it avoids the security risks of software wallets, which are more susceptible to phishing scams and theft. This suggests the software wallets they are referring to are like MetaMask, TrustWallet and others.
Features
According to Brave website, Brave’s browser integrated cryptocurrency wallet offers these features:
- You can connect it to hardware wallets like Trezor and Ledger, and Ledger Live isn't required.
You can import cryptocurrency assets, including NFTs, from existing Brave Cryptocurrency Wallets, MetaMask wallets and other wallets.
- You can connect it to hardware wallets like Trezor and Ledger, and Ledger Live isn't required.
- This wallet also allows users to view cryptocurrency market CoinGecko's data in real time; prices, graphs and tables.
- Thus the wallet allows you to compare token prices across various providers/exchanges.
- The wallet has a token swapping feature capabilities.
- The wallet allows you to send and receive cryptocurrency tokens and NFTs.
- The wallet allows you to buying cryptocurrency inside or within the wallet, using the Service Provider called Wyre.
- The wallet is capable of interfacing with any Dapps which operate on EVM compatible blockchains like Polygon or Avalanche.
Requirements:
- To access Brave wallet, you'll need the Brave browser updated to version 1.32.
Open Source
- The Brave wallet is based on an open MPL license that allows developers to contribute to its development. At the moment, the Brave wallet is only available for the desktop browser, with plans to implement it on the mobile app soon.
Last words.
- The Brave Browser wallet is an interesting new development in cryptocurrency.
- It contains a built into browser based wallet, a token price feed, a cryptocurrency swap, and a fiat onramp.
- It may provide more security then previous browser extension wallets, and it's a nice compliment to one of the best privacy browsers.
- Coupled with a VPN it helps move your security forward a notch.
Sources:
Source#1
Source#2
Source#3
Source#4
#
xx