Nov 17, 2021 13:00:00

The virtual currency wallet 'Brave Wallet' embedded in the web browser Brave will be released

Brave , a web browser , released the virtual currency wallet 'Brave Wallet ' to be installed in the desktop version on November 16, 2021. Users will be able to experience buying and selling and trading some cryptocurrencies, storing NFTs, and accessing websites with built-in blockchain functions in Brave.

Brave Wallet | Brave Browser
https://brave.com/wallet/

Introducing the Brave Wallet, a Browser-Native Crypto Wallet With No Extension Required
https://brave.com/brave-wallet-launch/

Brave built its own crypto wallet into its browser --The Verge
https://www.theverge.com/2021/11/16/22785588/brave-web-browser-crypto-wallet-web3-nft-native

Brave has previously released a cryptocurrency wallet that uses MetaMask , an Ethereum wallet. The Brave Wallet announced this time was built from scratch by Brave's engineering team and built natively into the browser.

Cryptocurrency wallets that can be accessed from a browser are generally executed by browser extensions, but Brave Wallet is natively embedded in the browser, which reduces security risks and requires an extra process to execute. Instead, the load on the CPU and the consumption of memory will be reduced. At the time of writing, Brave Wallet is only available on the desktop version, but Brave says it will also be available on the mobile app version.

Brave mainly supports Ethereum or Ethereum-based blockchains. Therefore, you cannot buy Bitcoin or Dogecoin through Brave. However, according to Brave, it plans to add support for other blockchains, including Bitcoin, in the future.

Brave Wallet allows users to link with hardware wallets such as Trezor and Ledger and various wallet services, so it is possible to take over the wallet as it is and manage virtual currency with Brave Wallet. In addition, you can check the market data of

CoinGecko , a service that analyzes and provides virtual currency data, in real time through Brave Wallet. In addition, Brave users will be able to access Web3 DApps (Web3 decentralized applications) that apply blockchain technology.

'The crypto boom has made blockchain-based applications a major player, but this rapid growth is not without its challenges,' said Brian Bondi, co-founder and chief technology officer of Brave. One is that every cryptocurrency wallet relies on browser extensions, which can be a drag on Web3 DApp adoption and lead to user loss of assets through fake extension-based phishing scams. Brave Wallet requires no extensions and is browser-native, so it retains the core functionality of the popular crypto wallet without any performance or security risks. Brave Wallet has over 42 million Brave users. Initially, we will provide a high-performance, secure, full-featured wallet for anyone looking for a cryptocurrency wallet without extensions. '