Vitalik Buterin Lauds New Brave Browser At Token 2049 Conference, Says Stablecoins Net Positive

Vitalik Buterin Lauds The New Brave Browser At The Token 2049 Conference

Even though the value of cryptocurrency recently might not suggest it, there has been a lot of progress made in the crypto sphere recently. The recently held Token 2049 highlighted these progress made. It had a range of prominent names in the industry including Vitalik Buterin, the Co-founder of Ethereum [ETH], Charles Hoskinson, the Co-founder of Cardano [ADA] as well as Bill Barhydt, the Chief Executive Officer [CEO] of Abra.

Vitalik, in his speech, said that even though there are some technical issues to be solved, but the entire ecosystem as a whole has made good progress. He even talked about Brave browser and Opera’s decision to integrate Ethereum wallets into their browser.

The brave browser is a crypto-powered alternative to Chrome and Safari. Basic Attention Token (BAT) is the backbone of this project. It has the potential to change advertising. This isn’t your average web browser– it’s specifically designed to protect user’s privacy from ads and trackers. Instead, Brave has a built-in cryptocurrency wallet, which replaces ad revenue with Micropayments. Every time you visit a webpage, the browser keeps track of how much time you spend on the site and sends them a tiny amount of Basic Attention Tokens at the end of the month.

This capability incentivizes content providers, without having to download ads or compromise their privacy. They have already debuted a new function, the first Brave Ads. These advertisements don’t compromise a users’ privacy, and even better, they also give viewers a share of the revenue. Right now Brave ads are only available in the developers’ version of the Brave Browser, but the company says they will come to the full version too.

Charles Hoskinson of Cardano also had a few words to say about the current bear market and an optimistic future.

“Success in the field takes time and it won't be instant. It will take at least 3-4 years. We are out of the building phase and are in the development phase right now. What is bizarre is that we have been a launched product for a long time now and are aiming to go from a federated system like Ripple to a fully decentralized system. We are aiming to become 100 times more decentralized than Bitcoin and 50 times more decentralized than EOS.”

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