Blockchain Apps Blockchain Progress News & Updates

ARE YOU A PRODUCT? No? Then use Brave Browser!

The #BraveBrowser. Maybe better than #Chrome? It is #Private, #Secure and #Fast! Read why we at BTX think it´s the best alternative for Chrome, the #Datacollector selling YOU!

The go-to #narrative for critics outside of the cryptocurrency space is to claim that #decentralized systems and dApps have no active user bases. #Ethereum-based Brave Browser is already being considered as a viable alternative to existing browsers like Chrome and Firefox.

#Popular Science, a widely recognized science magazine, recently listed Brave Browser alongside Firefox and #Opera as viable alternatives to built-in browsers like Chrome and #Safari.

“The Brave browser #emphasizes security and privacy. To start with, it comes with a built-in #ad-blocker (just remember to whitelist the sites you want to support) so pop-ups can’t weigh down your #browsing and websites can’t track you as well. For even more control, #Brave features advanced security settings,” the team at Popular #Science wrote.

Ethereum #dApps

The browser itself is based on #Chromium, an open-source project that also operates as the base protocol of #Google Chrome. But, Brave utilizes an ERC20 token called Brave #Attention Token (BAT) to incentivize creators, most notably popular #YouTubers such as Philip DeFranco and largely popular #publications.

As reported in July, Brave #Browser recently surpassed 3 million users, mostly driven by an #influx of digital creators and publishers coming to the Brave ecosystem for its transparent #advertisement revenue sharing model that uses cryptocurrency to #compensate publishers.

“More than 18,000 #publishers and content creators (including CCN) have registered as verified #publishers, enabling them to collect BAT donated by Brave users. Of these, the vast #majority — 13,500 — are YouTube and Twitch streamers, likely owing to the fact that #hosting platforms such as YouTube take significant cuts of shared ad #revenue,” the report read at the time.

The fact that Ethereum blockchain-based #products in Brave Browser and BAT are already considered as viable #alternatives to centralized systems is highly #optimistic, especially considering that Chrome and Safari have completely #dominance over the browser industry.

More importantly, tens of thousands of #publishers and creators in the Brave ecosystem are being paid out in #cryptocurrencies including BAT, Ethereum, and Bitcoin, demonstrating a #practical use case of decentralized consensus currencies in one of the most competitive #industries in technology.

It is difficult to consider Brave as a #dApp because it is based on the same protocol Chrome is based on. But, the #main model of the browser revolves around Ethereum and its token called B#AT, which has allowed Brave to compete against major browsers like #Opera and Firefox in the past few months.

Pure #dApps

As of current, pure peer-to-peer dApps that are the closest# towards achieving large-scale user bases are decentralized #exchanges. IDEX, Bancor, and AirSwap operate exchanges that are frequently utilized by Ethereum users, especially those that use #Meatamask.

In terms of user interface and user #experience, dApps are still far behind centralized applications and #platforms. But, apps that act as a bridge between dApps and centralized #platforms like Brave will ease the process of users from being comfortable with #dApps and their decentralized structures.

Featured image from Shutterstock.

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