Brave Browser: Support for new crypto wallets added

Brave, the open-source web browser developed by Brave software, has made quite a name for itself. Apart from being a privacy focused browser and providing features like blocking of annoying ads and keeping you safe from website trackers, the browser also sports a cryptocurrency wallet. This has made it quite popular among all crypto enthusiasts. As per the official Brave subreddit on August 15, Brave nightly now supports native cryptocurrency wallets.

The Brave nightly is a development & testing version of Brave’s official browser. This update now allows various other cryptocurrency wallets to be used with Brave’s BAT token. All the transactions are Channelled via Uphold, Brave’s wallet partner that has their Know Your Customer (KYC) requirements.

Prior to this, the Brave community had only one complaint regarding the BAT token, and it was the lack of support for ethereum based wallets like MetaMask or MyEtherWallet. This new update now makes this problem go away.

Brendan Eich, CEO and co-founder of Brave focused on the importance of KYC saying:

“[Brave] can’t let fraud bots with Ledgers or Trezors take us to cleaners, and we have to avoid going to jail if some Office of Foreign Asset listed evildoer were to take out BAT that way,” Eich said. “BAT is compliant via Uphold, and I’ll defend that decision readily by citing our growth numbers, publishers, and users.”

He further added the fact that the browser will add the support for a peer-to-peer wallet system to further enhance the usability of Brave.

“We have no illusions that raw crypto is not for most users — it is unusable and way too technical. We do want the users who are able to use it to have integrated crypto wallets in Brave. These users innovate and may collaborate with us…to innovate beyond what we alone, or the blockchain projects alone, can do. We like ‘lead users’ and provide extra options for them,” Eich said.

Earlier, the company launched their tipping program in which users can give Basic Attention Token (BAT) to other users whose content they enjoy. The tipping program has been made available for Reddit and according to an August 1, 2019 announcement, has now been made available for Twitter.