For many of us in the crypto-verse, we may have dozens of wallets already, so why add another to the pile of crypto-wallets? Brave Browser, a relatively new browser based on the Chromium open-source browser, has gained the attention of those looking for more privacy and control over their digital life. Brave Software’s fast, privacy-oriented browser, combined with its blockchain-based digital advertising platform, is reinventing the Web for users, publishers, and advertisers. Users get a private, speedier web experience with a much longer battery life, publishers increase their revenue share, and advertisers achieve better conversion. This is all due to Basic Attention Token. Users can opt into privacy-respecting ads that reward them with the Basic Attention Token (BAT), a frequent flyer-like token they can redeem or use to tip or contribute to publishers and other content creators. The Brave solution is a win-win for everyone who has a stake in the open Web and who is weary of giving up privacy and revenue to the ad-tech intermediaries.
Brave currently has over 42 million monthly active users and 1.3 million Verified Publishers. Brave Software was co-founded by Brendan Eich, creator of JavaScript and co-founder of Mozilla (Firefox), and Brian Bondy, formerly of Khan Academy and Mozilla. Now upon further development, Brave Browser looks to integrate their new wallet baked right into the browser. No need for clunky suspicious extensions anymore, the Brave Browser wallet is looking to actively secure users’ tokens without the need to install 3rd party software. Although not the same wallet used for the Brave Rewards, or BAT, the wallet operates as an in/out wallet with the intention of moving funds in and out through this wallet.
The Brave Wallet supports all EVM compatible chains (Polygon, xDai, Avalanche, etc.) and L2s, and unlike other wallet extensions, the Brave Wallet is built with an open MPL license, enabling developers to make contributions easily. Brave believes that the crypto ecosystem should not only be open source but should also be enabled via tools and wallets with an open license.
With the Brave Wallet, users can:
- See live and historical market graphs (price data powered by CoinGecko)
- Find the best price match against a list of providers with built-in swap functionality
- Send and receive assets
- Buy with fiat via Wyre
- Interact with DApps for any EVM compatible network
- Manage their portfolio — with non-fungible token (NFT) and multi-chain support
- Easily import their wallet from MetaMask and self-custody wallets, or Brave’s legacy Crypto Wallets extension, or hardware wallets such as Trezor and Ledger (no Ledger Live required)
- Send and receive NFTs
The Brave Wallet is free; users simply need to download the Brave browser or upgrade their Brave desktop browser to today’s 1.32 version. To get started with the Brave Wallet, users can open the Brave browser and simply click on the wallet icon in the address bar. Users can also visit brave://wallet, or click ‘wallet’ in the main browser menu, or visit the Settings page (brave://settings/) and click the Wallet tab.
Though adding more and more wallets to the collection becomes fragmented and confusing, the Brave Browser wallet, through the integration of hot and cold wallets, allows for a streamlined use case. We have been personally test-driving the Brave Browser since last year, and while many websites failed to load under the ad-blocker, the experience has been eye-opening and worthwhile. With the ability to adjust the aggressive ad-blockers and site shields, we can now see who is tracking our information and make a determination of which script is allowed to run. Now an integrated wallet could be the next step for the extra security added to the overall package.
Source: https://brave.com/brave-wallet-launch/
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