Brave continues to expand on its commitment to cryptocurrency adoption by changing its extension-based cryptocurrency wallet with a browser-native one.
The company has announced that it is preparing the official launch of Brave Wallet, a cryptocurrency wallet built into the Brave desktop browser, which would allow its users to store and buy cryptocurrencies like Ether.
The chief technology officer and co-founder of Brave, has stated that the new wallet swaps Brave’s MetaMask extension fork named Crypto Wallets. According to the statement the new implementation was built from the ground up into the Brave Browser.
The wallet is different from other Web 3.0 wallets like MetaMask where it does not need users to download an extension, but built directly into the browser itself. This is supposed to decrease security risks and reliance on extra CPU and memory. The browser’s cryptocurrency wallet is similar to hardware crypto wallets as it implements its own BIP32 hierarchical deterministic wallet.
The Brave Wallet lets users transact in almost any crypto asset supporting all chains compatible with the Ethereum Virtual Machine, or EVM, including Polygon, xDai, Avalanche and others.
