Category Archives: Brave

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Blockchain-Based Brave Browser Surpasses 10 Million Active Users Per Month

  • The blockchain-based Brave browser is seeing increasing adoption and has surpassed 10 million active users per month

The number of people who actively use the Brave browser has grown from 8.7 million in October to 10.4 million in November, an increase of 19%. Further, the Brave browser has seen consistent growth all year, with the number of monthly active users rising 100%, and the number of daily active users rising 200%.

The Brave browser integrates a blockchain-based advertising platform that utilizes the Basic Attention Token (BAT) cryptocurrency. BAT cuts out the middlemen, allowing advertisers to directly pay content creators. The number of content creators that use the Brave browser has risen to 340,000, up from 28,000 at the beginning of the year. Also, users of the Brave browser receive BAT every time they see an ad, making it an easy way to earn a passive income simply by browsing the Internet.

This new data indicates that the Brave browser and its integrated blockchain-based advertising system has a chance to compete with mainstream internet browsers and advertising platforms long term. Apparently, the ability to earn a passive cryptocurrency income when using the Brave browser is giving Brave a competitive edge.

 

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Brave Browser Rewards Roll Out

Brave browser rewards

One of the week’s biggest news is that Brave browser users can finally begin to earn cryptocurrency for surfing the web. Brave is a privacy-focused web browser with a native token called Basic Attention Token (BAT) that rewards users for viewing ads, ensuring users finally get incentives for viewing ads as they go online.

The much-anticipated release of this feature will roll out in several stages, with current viewers only able to see ads in very specific regions. It does mean that many users will still be disappointed to not be on the viewing roll but Brave promises to address the situation at some point.

BAT price itself has been enjoying some growth, although a recent correction of about 10% is probably from the pressure of the overall market plus the fact that supply is finally entering the market through rewards.

The short term outlook may not be as rosy as it could have been, but this project has been something a lot of crypto users have been looking forward to. Possible payouts in the future in other crypto other than BAT also seems to be under correction and might encourage more people to come on board, as a Twitter user expressed:

I hear someone’s implementing BAT concepts into bitcoin payouts. I’m a ETH fan, but I’d love to get BTC payouts of ~$300 per year in bitcoin just for internet browsing. #BAT #BTC

I honestly would prefer BTC payouts.

— yune_tubi (@yune_tubi) April 26, 2019

 

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HTC Exodus 1 Blockchain Smartphone Uses Brave as Default Browser

HTC Exodus 1 Blockchain Smartphone Uses Brave as Default Browser

With the advent of the latest blockchain smartphones in the market, more clarity is now expected on their workings and features. Latest news now being reported is that the decentralized browser Brave will now be the default internet exploring option in the new HTC’s blockchain smartphone named Exodus 1.

Brave is an open-source decentralized browser which has built-in ad blocking and website trackers that are a mainstay in conventional browsers like Chrome and even Safari. The browser will come pre-installed and on default in the new HTC Exodus blockchain phone because of its various useful features. The Exodus 1 itself, launched in May, will have support for multiple blockchain networks including Bitcoin (BTC) and Ethereum (ETH).

Brendan Eich, co-founder of the open-source Brave who previously worked with the Mozilla Foundation, announced his company’s partnership with HTC on Twitter:

We are very happy to have @Brave as default browser & to be working with HTC on their Exodus phone: https://t.co/J5WQrqODKa

— BrendanEich (@BrendanEich) December 8, 2018

Brave itself had an ICO back in June 2017 with its Basic Attentio Tokens (BAT) and raised USD 35 million in just 30 seconds. These tokens can be used to pay for premium content on the Brave platform. Other competitors of Brave include a new Opera browser for Android that had a built-in crypto wallet and encrypted communications.

HTC is struggling to become relevant in a smartphone industry increasingly being dominated by Apple, Samsung and Huawei. The Taiwanese tech giant is now working with a number of innovative ideas to make its smartphones more appealing to the end user.

The partnership comes at a time after the first blockchain-based smartphone is already in the market: Sirin Labs based in Israel launched the Finney last week. It is yet to be seen how the market will respond to these blockchain phones.

 

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Brave Pursues Legal Action Against Google for User Privacy Breach

Brave, a first of its kind internet browser powered by blockchain technology, is taking international legal action against Google for systematically breaching user privacy on a large scale. Google’s actions are probably in violation of the European Union’s General Data Protection Regulation (GDPR) law, so Brave’s actions against Google could lead to an investigation and heavy fines from the European Data Protection Board.

Brave has filed complaints against Google in the United Kingdom and Ireland. Johnny Ryan, chief policy officer at Brave, says, “There is a massive and systematic data breach at the heart of the behavioral advertising industry. Despite the two-year lead-in period before the GDPR, adtech companies have failed to comply.”

Allegedly, Google collects personal data about a user and their internet behavior, and broadcasts it to dozens if not hundreds of data firms. Selling personal data is big business for Google, particularly using this data for its Adsense and Adwords products to display ads targeted at specific users. The online ad industry has grown to USD 273 billion this year, with Google being the biggest online ad service.

Research shows that this goes beyond ads. Google supposedly collects data on political ideology, sexuality, and ethnicity, and distributes this to data firms who are willing to pay for it. Essentially, Google is wiretapping the internet usage of the world and selling the data for profit. It has been speculated that this data goes to governments and is used for criminal investigations.

Brave was specifically designed to improve the privacy of internet users, as well as launching a completely new ad model where publishers and users are paid with a cryptocurrency called BAT. This eliminates the middleman in the online ad business. Middlemen such as Google take most of the profits for online ads, leaving only a small fraction for publishers.

Since Brave is actively trying to protect user privacy, it makes sense that it noticed Google’s data collection activities. Google has been compromising the privacy of the Brave browser, defeating its purpose.

If Brave is successful with the legal action, Google could be fined up to 4% of their yearly revenue, which is billions of dollars, and it would lead to a beneficial reduction of data collection by the internet giant and other internet firms. However, Google can afford the most powerful lobbyists and lawyers in the world, and some foresee that any fight against it won’t be easy.

 

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