Brave Browser introduces Built-in Wallet of Ethereum

Brave Browser is going towards a new initiative with the next update to bring better safety and security to their users over crypto operations. 

On 18 November, Brave Browser announced its new plan to introduce a built-in browser for its users. After the new upgrade, more than 40+ million user base of brave browser will be able to use decentralized apps (dApps) hosted on Ethereum Layer 2 solutions and other EVM-compatible sidechains like Polygon and xDai. And all these features will allow the crypto users to exchange their assets with other assets and also trading-like features. 

At present most of the existing web3 based wallets are based on the extension software. But here the concept of Brave is to bypass the extension system by introducing it directly in the browser. 

According to a brave browser firm, extension-based web2 wallets are laggy and have not much better performance over the built-in software. And also users need to add extensions to the browser. 

In the past, many people faced scams with fake extension web3 wallets, so it is much better to away from such kinds of things by getting into Brave’s in-built wallet. 

Brian Bondy, CTO of Brave Browser, elaborated on this new initiative of the Brave and said: 

“The Brave Wallet requires no extensions and is instead browser-native, removing key performance and security concerns while preserving the core features of popular crypto wallets”

Now, with this new initiative of Brave, all the Brave users will be able to import their leader, trazor, and metamask like wallets directly in the Brave. 

And also users will be able to swap the tokens ( Ethereum based). Users will be able to see the token’s price with the help of in-built API integration with coingecko. For the fiat price tracking, Brave established a partnership with Wyre.

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