2021-11-9 18:39 |
Brave browser is making moves to integrate the world's fastest blockchain to support its 42 million active users and 1.3 million verified creators.
Brave's Integration with SolanaOn Monday, November 8, at Solana's Breakpoint conference in Lisbon, Brendan Eich, CEO and co-founder of Brave and Bat, and Anatoly Yakovenko, CEO and founder of Solana Labs, announced the proposed integration of Brave's Web3 desktop and mobile browser with Solana's blockchain in the first half of 2022.
The privacy-centric browser turned to Solana for default support due to the blockchain's high speed and low transaction costs.
Brendan Eich made a detailed explanation, stating how both projects would work together to provide more convenient ways to support potential crypto users to harness digital assets.
“With more and more users and creators requiring tools for fast and affordable access to the decentralized Web, this integration will seamlessly pave the way for the next billion crypto users to harness applications and tokens.”
The privacy browser was initially working on the Ethereum blockchain, but the increased interest in crypto and DeFi resulted in high transaction fees on the ethereum network, causing a drawback for some users.
However, with Solana offering faster transactions of up to 2300 transactions per second (tps) for as low as $0.001-$0.005 per transaction, the platform will provide significant cost savings for Brave browser users and encourage potential users to make use of the Solana blockchain.
Following the announcement, Brave's native ethereum-based token, Brave Attention Token, BAT, has seen a 25% bullish run in the last 24hrs, according to CoinMarketCap.
The Integration also proves beneficial for Solana (SOL) as it would enable Brave's 42 million active users to access the new Solana decentralized applications (DApps).
The CEO of Solana Labs, Anatoly Yakovenko, emphasized that integration with browsers will enable decentralized applications to build more convenient web experiences.
A ‘Brave' Future for SolanaAs a result of the partnership with Brave, it is expected that more mainstream crypto users will become aware of Solana's network in the coming months, thereby increasing its valuation in the long run.
With Solana, developers can access decentralized exchanges (DEX) for Solana swaps via mobile and desktop browsers, enable NFT support, and promote BAT usage by their peers.
Additionally, the Solana Network would be able to implement the Themis protocol developed by Brave, a significant milestone in BAT 2.0.
Brave continues to build more on its privacy policies as it is currently regarded as the premium choice in terms of privacy for access to Web3. With the integration, Brave mobile users will be able to access Web3 more securely.
Solana SOL $ 240.26 -0.93% -3.62% +13.05% baseUrl = "https://widgets.cryptocompare.com/"; var scripts = document.getElementsByTagName("script"); var embedder = scripts[scripts.length - 1]; var cccTheme = {"Chart": {"fillColor": "rgba(248,155,35,0.2)", "borderColor": "#F89B23"}}; (function () { var appName = encodeURIComponent(window.location.hostname); if (appName == "") { appName = "local"; } var s = document.createElement("script"); s.type = "text/javascript"; s.async = true; var theUrl = baseUrl + 'serve/v1/coin/chart?fsym=SOL&tsym=USD'; s.src = theUrl + (theUrl.indexOf("?") >= 0 ? "&" : "?") + "app=" + appName; embedder.parentNode.appendChild(s); })(); See Details Basic Attention Token BAT $ 1.19 -1.18% -3.81% +14.60% baseUrl = "https://widgets.cryptocompare.com/"; var scripts = document.getElementsByTagName("script"); var embedder = scripts[scripts.length - 1]; var cccTheme = {"Chart": {"fillColor": "rgba(248,155,35,0.2)", "borderColor": "#F89B23"}}; (function () { var appName = encodeURIComponent(window.location.hostname); if (appName == "") { appName = "local"; } var s = document.createElement("script"); s.type = "text/javascript"; s.async = true; var theUrl = baseUrl + 'serve/v1/coin/chart?fsym=BAT&tsym=USD'; s.src = theUrl + (theUrl.indexOf("?") >= 0 ? "&" : "?") + "app=" + appName; embedder.parentNode.appendChild(s); })(); See Details The post Privacy Browser Brave to Integrate Solana as Default Support first appeared on BitcoinExchangeGuide.Similar to Notcoin - Blum - Airdrops In 2024
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