Brave got involved in the crypto world early on. Opera has also recognized its potential and is working to provide native support. In the battle for Web 3.0 supremacy, Opera gets serious and collaborates with Solana.
Brave got up quickly
Brave was only created in 2016 and had already reached 39 million users by the end of August this year. Among them, 12.5 million users use the browser every day. Considering his young age, it is already a great success.
In fact, Brave had a different approach to competition from the start. Instead of just focusing on visual improvements or giving the user greater ease of use, Brave wanted to meet the main needs of users.
This is mainly the built-in ad blocker, with which the browser has attracted a lot of attention on the Internet in a short time. Trackers are also blocked. Google was increasingly discredited for its over-the-top data collection, while Brave’s reputation grew.
After all, both use the same engine called Blink. Blink was created as part of Google’s Chromium project and now has several different developers due to its open source nature. This also includes Opera.
Because many users praise the Chrome browser for its speed and simplicity, and using an open source engine is simple and straightforward, Brave used Blink and avoided features that significantly compromise user privacy.
The Brave ecosystem
With Brendan Eich, Brave has a prominent founder in the computer industry. Eich was already the developer of the first Netscape browser, which eventually led to the creation of Mozilla.
Additionally, Eich was one of the founders of the Mozilla Foundation, which today is responsible for the development of Firefox. For a long time he was Mozilla’s technical director and from March to April 2014 he was also its general manager for just over a week. Eich eventually resigned from office in 2014 due to public outcry over some of his donations to conservative politicians.
Finally, in May 2017, Brave released its own Ethereum token called BAT (Basic Attention Token). Brave has raised approximately $15 million in investment through an initial coin offering.
Initial Coin Offering (ICO) | overview and explanation
Users receive BAT when using Brave if they display advertising. When advertisements are displayed, Brave pays the user for them. It should be noted that Brave continues to block in-app advertising from websites and displays its own advertising instead.
According to the developer, user privacy is not compromised by Brave advertising. Furthermore, this advertising is independent of the surfing behavior of the user.
The opera follows the movement
That Opera is aiming for cryptocurrency and blockchain support is nothing new to hardcore enthusiasts. Already a proponent of new decentralized NFT domains, Opera acted alongside Brave as a frontrunner.
This allows the Opera browser and Brave to call unstoppable domains natively. All major competitors must be connected to a specific DNS server so that addresses ending in .crypto or .blockchain, for example, can be accessed.
Unlike Brave, Opera does not have its own token with an underlying ecosystem. However, Opera also provides its own crypto wallet, which is implemented in the browser.
So far this wallet has supported Bitcoin, Ethereum, Tron and Celo. Opera is now cooperating with Solana and will allow seamless access to Solana-based Web3 applications in the future.
Opera joins forces with @Solana!🚀 The integration will allow Opera Android users to enjoy seamless access to Solana DApps as well as fast and inexpensive transactions within the ecosystem. You will be able to access it via Opera in the first quarter of 2022. Learn more: https://t.co/XRkHUSYrLZ pic.twitter.com/viRDwpQwEq
— Opera (@opera) December 10, 2021
But Opera also makes it clear with a tweet; this innovation only concerns Opera Android users. Low fees and fast transactions should be implemented for the benefit of customers.
Solana of all people?
Of course, this news is not particularly surprising. After all, Solana is currently the third largest smart blockchain by market capitalization. Only Ethereum and Binance Smart Chain are ahead of SOL. Nevertheless, the question of strategic importance arises.
The answers to this question can be found in the press release published by Opera. Susie Batt, Head of Encryption Implementations at Opera, says:
Solana wants to bring a billion people into the world of crypto. We share this goal. No other browser supported Web3 as early as Opera. We look forward to this cooperation.
In fact, Solana leaves its competitor Ethereum far behind in terms of transaction speed and network fees. There are currently many DeFi projects under construction that use Solana. Among others Serum, Raydium, Metaplex, Orca and Audius.