Brave Integrates DEX and NFT Wallet in New Browser

| Updated
by Isaac Danso · 3 min read
Brave Integrates DEX and NFT Wallet in New Browser
Photo: Depositphotos

Though Brave is bringing out new projects, the browser is also facing privacy issues.

The crypto-powered web browser Brave has declared that its new wallet project will integrate NFT functionality and DEX aggregator. The new plan of action for the famous web browser carries the company’s vision to take a look at possible scaling solutions for the upcoming wallet project with a non-fungible tokens support and to add a DeFi functionality.

The company’s Roadmap 2.0 strategically spells out the inclusion of mobile support and enhanced API functionality, together with the DEX aggregator and NFT support on the new ETH-based wallet.

The main focus of the company is to aid the support of assets across many chains. Basically, the new wallet from Brave will aid in reducing the high charges that go with the use of Ethereum mainnet by exploring a layer-one and two scaling solutions.

Brave adding the DEX aggregator to the new wallet will help in providing gains for users that hold the BAT token and also provide a discount to anyone who keeps the BAT token in the wallet or pay transaction fees in BAT. The company’s team has started the expansion of work to spread to its community by bring to public the “BAT Ambassadors program”, language translation into many languages and collaborating with AMAs team to host the event.

Brave Browser Issues with Privacy

Though Brave is bringing out new projects, the browser is also facing privacy issues. Privacy is one thing most users look at as a feature before jumping on to any browser. Therefore many browsers focus on upholding users’ privacy policies to sell as a safe place to be. As many browsers take numerous steps to prevent or even stop the efforts of hackers, fraud sites and junk ads, the famous browser in terms of security and privacy, has failed to keep their user’s data safe.

According to reports from a Reddit user, instead of Brave’s Tor mode posting request to private Tor nodes, the highlighted privacy browser was, in turn, distributing information to DNS resolvers on a request for .onion domains. The post which was recently made on the Reddit platform prompt a careful look at outgoing DNS traffic on users local networks.

Though Brave’s response towards the accusations is quite infamous, the actual issue was that DNS resolvers are known to change a domain name in an IP address which implies that any .onion site searched by any user on the browser is not safe thus ISPs has the chance to view on users.

However, Brave browser is still a top browser. The web browser currently boasts of over more than 8 million and 25 million active daily and monthly users respectively.

Altcoin News, Blockchain News, Cryptocurrency News, News
Isaac Danso
Author Isaac Danso

Experienced Writer with a demonstrated history of working in the financial services and the technology industry.

Related Articles