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Brave Browser Adds New Crypto Wallet Features To Scale Development

16 Aug 2019

More wallet features are on their way to the Brave browser.

Support for native cryptocurrency wallets was added to Brave Nightly per a posting yesterday in the official Brave subreddit, r/BATProject. Brave Nightly is a test and development version of the Brave browser. Brave’s tri-part marketing system rewards content creators, advertisers, and viewers through its token.

Image via Reddit

The update allows other cryptocurrency wallets, particularly MetaMask, to be used with Brave’s BAT. All transactions first undergo know your customer (KYC) requirements via Uphold, a wallet Brave partnered with for BAT.

Lack of support for other ethereum wallets like MetaMask or MyEtherWallet has been a common complaint on Brave community threads since the token’s launch. This bottleneck was self-designed, however. Brave wanted the cryptocurrency’s use-case, content creation tipping, to take-off. More importantly, perhaps, are the KYC services Uphold provides.

Speaking with CoinDesk, Brave co-founder and CEO Brendan Eich said KYC concerns remain a top priority due to regulatory concerns.

Eich said Brave added support for peer-to-peer wallets not to undercut regulators but lead the community forward. Adding wallet support helps adoption while keeping Brave’s nose clean, Eich said:

The wallet update comes days after untargeted ads were added on Brave Nightly for 21 new countries including Argentina, Denmark, Italy, Korea, and Singapore.

Image via CoinDesk archives

Source From : coindesk

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