Brave browser integrates native cryptocurrency wallet to combat fraud

Brave browser integrates native cryptocurrency wallet to combat fraud

The privacy-valuing Brave browser, which is developed by Brave Software, Inc. has decided to challenge cryptocurrency wallets such as MetaMask, for example, by creating its own counterpart – Brave Wallet. What makes Brave Wallet stand out from the competition, as well as why it was created at all – we tell you in today’s article.

Brave Wallet – a crypto wallet without the need to download an extension

The new crypto wallet, Brave Wallet, is to be available natively in the Brave browser, and it is this functionality that sets it apart from existing solutions on the market. The Brave Wallet implementation was built from the ground up as a dedicated, core functionality of the browser. Because of this, the user is not forced to download software in the form of a browser extension, thus increasing their security. 

Here’s how Brian Bondy, Chief Technology Officer and also co-founder of Brave, argues this decision: “One of the biggest problems with extensions is the ease with which criminals can create fake versions of them that mimic real crypto wallet extensions – such spoofing attacks are quite common.” In saying this, Bondy also cited several examples. These mainly concerned Brave Wallet’s direct competitor, the MetaMask wallet, for which many browser plugins are available. 

Brave Wallet’s functionalities

We already know how Brave Wallet will provide security to its users – so we know its basic functionality. But what about the other, equally important, features of the Brave software? 

Firstly, Brave Wallet will allow users to transact in almost any cryptocurrency – from the popular ETH, to Polygon, xDai or Avalanche. Brave developers are also currently working on blockchain support for Bitcoin (BTC) and Solana, which is expected to launch as early as 2022. 

Multiple blockchain support is not the only benefit a user can get by using Brave Wallet. The wallet also supports sending and receiving non-exchangeable tokens, i.e. NFT tokens, which are gaining popularity all the time, and it also allows exchanging fiat currencies for cryptocurrencies.

Brave Wallet is by definition free and available immediately after downloading the Brave browser. It is the work of an already prominent figure in modern computing – Brendan Erich, creator of the JavaScript language and the iconic Mozilla Firefox browser. It seems that he does not cease in his efforts to constantly improve the world of new technologies, as evidenced by this very Brave cryptocurrency wallet!

Disclaimer: Blockbulletin does not take accountability of investments based on the information of the website. We highly advice readers to make extensive research prior to any invest

Share this post

Share on facebook
Share on twitter
Share on linkedin
Share on pinterest
Share on print
Share on email

More News

All articles loaded
No more articles to load

Knowledge Base

Terra (LUNA)

What is Terra (LUNA)?

This time we take a look at another project that dived deep into the hearts of investors. What exactly is…

What is Avalanche (AVAX)?

Avalanche (AVAX) is a blockchain, which conquers the hearts of programmers and at the same time is a great bargain…

What is Sandbox (SAND)?

In this material, we take a look at one of the fastest growing spaces in the metaverse family. We are…
All articles loaded
No more articles to load

Analyses

All articles loaded
No more articles to load

Knowledge Base

What is Terra (LUNA)?

This time we take a look at another project that dived deep into the hearts of investors. What exactly is Terra (LUNA)? Blockchain Terra (LUNA)…

What is Avalanche (AVAX)?

Avalanche (AVAX) is a blockchain, which conquers the hearts of programmers and at the same time is a great bargain for investors. What distinguishes the…

What are stablecoins and how can you use them?

In recent years, cryptocurrencies are experiencing a real “boom”! And not just for cryptocurrencies – the rise in popularity applies to blockchain technology in general.…

What is Sandbox (SAND)?

In this material, we take a look at one of the fastest growing spaces in the metaverse family. We are talking about Sandbox and SAND…

What is Polygon (MATIC)?

Another coin worth looking at is Polygon (MATIC). It is especially liked by many investors. So what makes its popularity constantly growing? Support for Ethereum…

What is Shiba Inu (SHIB)

Shiba Inu (SHIB) is one of the most sought-after coins on the market. This is evidenced by its dynamic rallies and global interest. But does…
All articles loaded
No more articles to load