Privacy-oriented browser Brave continues to deepen its commitment to cryptocurrency adoption by replacing its extension-based cryptocurrency wallet with a browser-native one.
Brave Browser challenges wallet providers like MetaMask by introducing a native crypto wallet built into the browser.
Brian Bondy, chief technology officer, and co-founder at Brave, told that the new wallet replaces Brave’s MetaMask extension fork named Crypto Wallets. According to the chief training officer, the new implementation was “built from scratch, natively into the Brave Browser.”
While the new wallet is wholly different from other Web 3.0 wallets like MetaMask in that it does not require users to download an extension, but is rather built directly into the browser, itself, as a core feature.
According to the firm, this is supposed to reduce security risks and reliance on extra CPU and memory.
Bondy said that the browser’s cryptocurrency wallet is similar to hardware crypto wallets as it implements its own BIP32 hierarchical deterministic wallet.
“The funds are always stored on the blockchain, but the keys to unlock those funds are stored in the Brave Wallet,” Bondy said. He added that user’s private keys always remain on hardware devices if the user chooses to connect a hardware wallet by providers like Ledger or Trezor.
