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Crypto Terms:  Letter B
Jun 19, 2023 |
updated Apr 02, 2024

What is Brave Browser?

Brave Browser Meaning:
Brave Browser - an open-source, privacy-focused web browser.
2 minutes

Let's find out Brave Browser meaning, definition in crypto, what is Brave Browser, and all other detailed facts.

Brave Browser is a browser provider launched in 2019 that serves as an alternative to web applications like Google Chrome, Mozilla Firefox, or Microsoft Edge. It was co-developed by Brendan Eich, the co-creator of Mozilla Firefox, and Brian Bondy. It offers its users the ability to browse the internet and has its own native search engine.

Brave offers high search speeds, and, based on some documentation, is faster than Google Chrome, the most-used search engine in the world. The increase in browsing speed is related to the way the browser handles advertisements.

Some of the standout features of Brave are related to its approach to online ads. Unlike other browsers, Brave removes all ads from a website. The ads are then replaced by ones chosen by Brave. Viewership of the ads rewards the users with Basic Attention Tokens (BAT). Removing advertisement scripts improves browsing speed and load time.

BAT tokens are based on the ERC-20 standard and can be used as a tipping tool. Users can send their tokens to their preferred content creators to express their support.

The browser offers a pre-installed Brave Wallet where users can store their crypto assets. Brave Swap serves as a crypto exchange platform that allows users to trade Ethereum tokens for others in the browser.

In addition to replacing ads, the Brave Browser also completely removes any ad tracking software. Ad tracking scripts are used to follow user activity as means of collecting behavioral data. This type of tracking has been criticized for infringing on personal privacy. The decision to remove ad trackers reinforces the privacy of users’ personal data.

Brave is built using Chromium, Google’s open-source code. Like Chromium, the Brave Browser is open-source. Furthermore, since Google Chrome is also based on Chromium, Brave can support Chrome-native browser extensions.

Despite being favored by users for its approach toward advertisement and high browsing speed, the browser has been scrutinized by advertisers for removing their means of profit. There have been multiple lawsuits filed against Brave for stealing content created by newspaper publishers.

Brave is commonly used by crypto enthusiasts. The browser is based on a blockchain ecosystem and provides BAT tokens. This incentivizes users to choose to watch ads based on their personal preferences to receive the rewards.