Brave built its own crypto wallet into its browser

Brave has announced that its web browser now includes a native cryptocurrency wallet that replaces the previous one that was based on the MetaMask wallet extension. With that, most users should have their blockchain needs met (depending on which blockchain they use, more on that in a second): they will be able to buy, sell and trade cryptocurrencies like Ethereum, store their NFTs, keep track of how much coins are sold for, and experience the magic of Web3 or sites that have built-in blockchain features.

Brave also says that its built-in wallet will take up fewer CPU resources compared to expansion-based ones (like the aforementioned MetaMask) and be less susceptible to phishing or attempts to steal NFTs.

The wallet seems to work mainly with Ethereum or Ethereum-based blockchains (those that support EVM, like Polygon, or Layer 2 systems designed to make transactions significantly faster). Currently, this means that you are not able to buy any of the other popular cryptocurrencies from within the wallet, such as Dogecoin or Bitcoin (although you can buy wrapped Bitcoin, which is basically an Ethereum token whose value is pegged to Bitcoins). But hey, considering that many NFTs are stored on Ethereum, you can at least use Brave Wallet to store them.

Brave’s home screen contains several cryptolinks out of the box. It’s not a surprise, it’s added a purse.

Brave has been paying attention to blockchain and websites built on it for a while. Years ago, it started recommending people to install MetaMask if they were on a site that could connect to blockchain to provide additional functionality (usually related to payments). Now, Brave is finally getting built-in support for these Web3 sites (or “dapps”, a portmanteau of “decentralized apps” and a word I desperately hope to never hear said out loud in real life). It also recently added support for the decentralized technology, which some hope will prevent NFTs from disappearing if an image hosting site goes down.

Brave says that the wallet’s feature will currently be limited to its desktop browser, but that it hopes to add it to its Android and iOS versions (though it notes that iPhone users are unlikely to be able to use blockchain). based websites at the time of publication). It’s always possible that Brave will run into problems with Apple’s App Review, even though the company does not currently appear to be aggressive towards crypto – MetaMask has an iOS app, and Tim Cook has said he has invested in cryptocurrency and called NFTs “interesting.”

Considering that Brave has been paying users in blockchain tokens since it was launched (which of course can be stored in the Brave Wallet), it makes sense that it is adding more and more features to people interested in crypto. And it’s likely that a good portion of Brave users will enjoy a crypto-wallet, based on the browser’s long-standing support of blockchain currencies and applications – as long as they are willing to import their crypto assets, something that Brave’s tool supports other self-sufficiency or certain hardware purses.

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