2018-9-20 07:57 |
The cryptocurrency is a rather solid community, but the critics of its performance and uses are always open for comments whenever something goes wrong. One of the biggest claims that this group makes it that there is not an active user base for dApps or decentralized systems that support cryptocurrency. It seems that the Brave Browser, which is based on the Ethereum blockchain, could easily be another option for internet users, apart from Chrome and Firefox.
A popular science magazine, Popular Science, recently made the statement, saying Brave offers a superior browser that is comparable to Firefox and Opera. This could be an alternative for consumers that do not want to use browsers that are already built into computers and smart devices, like Chrome and Safari.
The post says,
“The Brave browser emphasizes security and privacy. To start with, it comes with a built-in ad-blocker (just remember to whitelist the sites you want to support) so pop-ups can’t weigh down your browsing and websites can’t track you as well. For even more control, Brave features advanced security settings.”
Brave is based on Chromium, which is a project that has adopted a similar base protocol to that of Google Chrome. However, there is an ERC20 token that Brave uses on their browser called Brave Attention Token (BAT). The token is meant to provide an incentive to online content creators, like YouTubers and other publications.
Based on reports by CCN from a few months ago, the browser already has passed 3 million users, which has largely been due to the high amount of traffic from digital creators and publishers.
The report said,
“More than 18,000 publishers and content creators (including CCN) have registered as verified publishers, enabling them to collect BAT donated by Brave users. Of these, the vast majority — 13,500 — are YouTube and Twitch streamers, likely owing to the fact that hosting platforms such as YouTube take significant cuts of shared ad revenue.”
Their position as being a viable alternative is a great sign for this industry in such a small amount of time, especially considering that Chrome and Safari have been the frontrunners for quite a long time. With so many users being paid out, Brave has been clearly showing the use cases for decentralized consensus currencies in a way that other platforms have not. While it is difficult to classify Brave as a dApp because of the basis protocols, it still runs on Ethereum and has its own token that makes it competitive.
Right now, the closest option to achieving a user base that can handle large-scale decentralized exchanges are dApps. Many Ethereum users participate in exchanges like, IDEX, Bancor, and AirSwap for these interactions, though there is plenty of room to grow. Centralized applications and platforms have advanced much further, but apps like Brave will help new users to become more comfortable with these structures in the future, which will push forward advancement.
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