Update (May 13th, 1:00pm UTC). This article is updated and includes Robert Roose’s commentary.
Brave Browser is a web browser that focuses on privacy and integrates the Cardano cryptocurrency into both its native and stand-alone wallets.
The May 12 announcementThe integration is the result of a partnership formed between Brave Browser, a Cardano developer firm and Input Output. The two companies have teamed up to create a new product. “will integrate Cardano into the Brave Wallet, enabling Cardano blockchain access and token management.” Brendan Eich is the co-founder of Brave, and also CEO of Basic Attention Token.
“Integrating Cardano into Brave Wallet not only expands multi-chain access, but also enhances security, governance participation, and the overall user experience.”
Eich explained that Brave’s focus is on giving users the most choice, while also providing them with tools to interact with decentralized systems. Users of Web3’s browser and the standalone wallet can now access Cardano’s Blockchain without ever leaving their interfaces.
Brave did not respond to Cointelegraph when it asked for a comment.
Robert Roose is the founder of Cardano’s interoperability Protocol Mynth. He told Cointelegraph “this is a fantastic moment” He said, “Brave browser support for the ecosystem is essential.” He said that Brave Browser is not supported. “a huge step” toward making Cardano “more widespread and interoperable.
Roose also said that Cardano decentralized applications (DApps) are now “Easy reach” through the Brave Browser. He highlighted:
“There are no significant obstacles here. Cardano has been ready for primetime since the majority of infrastructure and tooling have already been completed.
Related: Charles Hoskinson says he ‘knew nothing’ of ADA being selected for US reserve
Brave browser keeps expanding
Brave currently supports Ethereum and Solana. Midnight(NIGHT) is specifically mentioned as an ecosystem which would be benefited by the support in this announcement.
Output spinout focused on confidential smart contracts and data protection.| Output spinout focused on confidential smart contracts and data protection.”
Midnight is a privacy-focused Cardano sidechain. Input Output CEO Charles Hoskinson recently suggested that the network could also enable free transactions for non-fungible token (NFT) ticket holders.
Hoskinson explained that users would be given NFTs on sign-up, which would then give them the right to a certain number of transactions per day. This, he explained, would allow for use cases resembling those of the Web2 model:
“”Then you’ve got the Web2 model. You can offer free accounts, free apps and use crypto infrastructure without having to own a token.”
Midnight, according to Mynth’s Roose, “expands what Cardano is capable of.” and this was why his firm partnered with the protocol. He explained that “Midnight offers private smart contract interaction and Mynth provides privacy-focused interoperable crosschain exchanges.”
Cardano’s two protocols work together to give users a higher level of privacy. Roose stated that there will be more projects in the future. zero-knowledge proof-based solutions It is possible to connect the two networks.
Related: Is Cardano (ADA) a “zombie crypto”?
First collaboration of a long term partnership
The announcement suggests that there will be more to come from the recently formed partnership between Brave Browser, and Input Output. According to the article, the partnership “will set the stage for further innovation with regards to engagement Cardano’s Governance and Midnight.”
Eran Barak, the CEO of Midnight, told Cointelegraph in February that transparency, one of blockchain’s biggest selling points, also hinders widespread adoption and applications in fields like business and medicine. He said metadata allows individuals to be identified and tracked, hindering blockchain adoption.
The development of Midnight follows the team behind the Cardano ecosystem announcing a software toolkit Developers will be able to use sidechains that are custom-built in 2023.
Magazine: Charles Hoskinson, Cardano and Ethereum – for the record
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Source: cointelegraph.com
