Brave acquires a DEX aggregator
The crypto-navigator Brave has just unveiled its roadmap 2.0, which should cover a period of one year to 18 months. According to the company’s press release, browser users will be entitled to many new features.
A radical change for Brave, the navigator will soon have a new “Brave Wallet”. Its features will lend itself to mass adoption, including integrating decentralized finance (DeFi) features and new scaling solutions.
The Brave Wallet will therefore support several cases of use of the DeFi, as well as features for non-fungible tokens (NFT). This will include a decentralized exchange aggregator (DEX) that will allow the exchange of tokens “with advantages and added value for Brave and BAT users.”
In addition, there will be more use cases for Basic Attention Token (BAT), something the Brave community has long been asking for. For example, the DEX aggregator’s fee may be reduced by using BAT. At the same time, fees will be reduced by default for those who hold BAT in their portfolio, without using them to pay the same fees.
Bat token holders will also be able to provide liquidity in pools and receive rewards based on their contribution. Brave also plans to integrate layer 2 solutions for its Ethereum-based portfolio.
The goal is always to encourage adoption, Brave wants to minimize the costs of the services it offers, with the idea of opening the doors of DeFi to small carriers.
The adoption of cryptocurrencies and BAT above all
It is undeniable that Brave is heavily involved in the adoption of cryptocurrencies. The crypto-browser also references 25 million monthly active users, a real achievement for a project launched in 2017.
Millions of people have most certainly discovered cryptocurrencies – at least altcoins – by downloading Brave. Unsurprisingly, the privacy-friendly browser wants to continue this momentum, and such additions in the coming months will most certainly help it convince millions of others.
In addition, the team will continue to work as actively as actively on the construction of the decentralized web in the coming months. The BAT will once again be at the heart of all these future implementations. Here’s what Brave is planning:
- Give a case of use to the BAT for search engines;
- Use of BAT for e-commerce;
- Use of BAT for VPNs and various private communication platforms;
- BAT rewards for verified content on the InterPlanetary Name System (IPNS);
- Bat can be used to pin content on the InterPlanetary File System (IPFS).
Brave launches its own search engine
The Brave cryptocurrency browser takes the next step to provide an ecosystem that respects the privacy of its users. The company has just announced that it has acquired Tailcat, an open search engine developed by the Cliqz team, a former web browser.
By acquiring Tailcat, Brave plans to develop its own privacy-friendly search engine, Brave Search. Through this initiative, the web browser wants to offer a reliable alternative Google Search, whose operation is based on tracking the actions of its users.
“Under the hood, almost all of today’s search engines are either built by or depend on the results of high-tech companies,”
the team said.
This would not be the case with Tailcat, so the operation differs from Google Search while being able to provide the quality that people expect. For example, Tailcat does not collect the IP addresses of its users and does not use identifying information to improve search results. Unsurprisingly, Brave Search develops according to the same principles.
Here are some of the principles Brave Search promises to follow:
- Brave Search is private, it doesn’t track users and doesn’t profile them;
- Brave Search is user-focused, not advertising-oriented;
- Brave Search is transparent and does not use secret methods or algorithms to distort results;
- Brave Search is open and all its advances will be shared to power other search engines.
Brave Search is not yet available, but it is possible to register on a waiting list to get there in preview.
This initiative comes a week after the announcement of the Brave’s roadmap 2.0.
Google just has to keep up
Brendan Eich, CEO and co-founder of Brave, declared:
“More and more users are demanding real privacy solutions to escape the invasive practices of Big Tech. Brave’s mission is to put the user first, and integrating privacy-preserving research into our platform is a necessary step to ensure that users’ privacy is not plundered to fuel the surveillance economy.”
Little by little, Brave’s privacy access ecosystem is being forged, and Brave Search is just one stone to the building. The crypto-navigator recently launched a news viewing tool, Brave Today, and is also testing Brave Together, a video conferencing service. True to Brave’s philosophy, these services also respect the privacy of their users.
“The only way to counter Big Tech and their bad habit of collecting personal data is to develop a robust, independent and privacy-friendly search engine that delivers the quality users expect. People should not have to choose between confidentiality and quality,”
said Josep M. Pujol, Tailcat Project Manager.
Undeniably, Brave is putting together the double plugs for 2021 and promises a complete catalog of new features for its users.
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