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Is Brave Browser Web 3.0 (Explained)

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With more than 50 million monthly active users as of 2021, the Brave browser is a popular web browsers.

The world wide web is shifting onto its third iteration called Web 3.0 (or simply web3), introducing concepts such as decentralized finance (Defi), apps (dApps), and peer-to-peer data sharing without intermediaries.

How does the Brave Browser integrate web3, and what are the tools it offers its users. Read on to find out.

Is Brave Browser Web 3.0?

Brave browser is web3.0-compliant, one of the few web browsers championing the adoption of this new technological improvement.

Although it is based on the Chromium open-source codebase, the same one used by the Google Chrome browser, Brave maintains certain aspects of web 3.0.

The browser was developed in 2017 by Brave Software, Inc.

These features of the web3 internet that are respected by Brave are:

Privacy

Entails respecting users’ sensitive information, including their location, shopping habits, demographics, and financial records. Brave maintains high operation standards to ensure their users have privacy while online.

Decentralization

This is the distribution of power from a single entity onto a community or group, ensuring that no one party is responsible for the decision-making that affects the rest of the participants.

In web 2, several centralized entities such as the Big Tech firms control data and resources. Brave supports web wallets that decentralize finance while allowing users to be in complete control of their data.

Check Best Video Downloaders For Brave Browser.

Transparency

Brave uses the open-source Chromium codebase that is easy to verify and audit to understand how the browser operates.

Unlike most browsers that use proprietary closed-source software that is much less transparent and encourages centralization.

Brave has integrated blockchain in more ways than one, most conspicuously as the underlying technology that supports the Basic Attention Token (BAT).

BAT is an ERC-20 token minted on the popular Ethereum blockchain network that Brave Software company used to crowdfund resources to develop the browser. 

The utility token can also be used to reward browser users for sharing their data with advertisers.

What Type Of Web Is Brave?

There are three versions of the world wide web so far:

  • Version 1: the read-only web;
  • Version 2: the social web
  • Version 3: the decentralized web.

There are moments of overlap between the different versions, and that is the case with versions 2 and 3.

Although the decentralized web has started picking up steam, the social web is still popular, and therefore any popular browser such as Brave will have support for both versions.

The Brave browser may be leaning more towards offering web 3.0 capabilities, but most of the current websites are firmly in the web 2.0 era.

Check Can Brave Browser Be Hacked?

Is Brave Browser Decentralized?

No, the Brave browser is not decentralized because it relies heavily on its parent company Brave Software, Inc. which is headquartered in Santa Clara, CA.

The company develops and maintains the browser’s codebase as well as maintains the Basic Attention Token (BAT) project, which is an affiliate and complementary project of Brave browser.

Learn more: Is Reddit Web 3.0?

Does Brave Browser Run On Blockchain?

The Brave browser does not run or operate on the blockchain. It is a conventional software enterprise except for its rewards token or the native cryptocurrency BAT, which is based on the popular Ethereum blockchain.

BAT was created as a complementary utility token to help fundraise for Brave browser’s development needs and act as a form of value exchange within the Brave ecosystem.

Learn more how the XRP utility token powers cross-border payments.

Is Brave Browser A VPN?

Brave is not a VPN; instead, it is a browser. However, the browser does offer a VPN feature called “Brave VPN,” a premium subscription service currently available on iOS devices.

It is optional, enabling other Brave users who do not need the service or are unable to access it to still be able to use the browser independently.

The term VPN stands for virtual private network, and it refers to an application that creates a private network to access the internet regardless of restrictions. The VPN hides traffic, therefore, increasing the privacy of the web user.

Read more: Are Amazon and Shopee Web 3.0?

Is Brave Browser Encrypted?

Technically, the Brave browser itself is not encrypted. However, it does use encryption features such as the HTTPS Everywhere list, which enables it to upgrade communications from standard HTTP to HTTPS whenever possible.

This feature ensures that users are able to access the more secure version of a web page, thus protecting their privacy and the privacy of their communication.

Is Brave Browser Safe?

Brave is one of the safest browsers in the market, using some of the following features to protect their users:

  • Privacy defaults: The Brave browser is set up to block online trackers by default, a setting that a user is allowed to change. Also, it doesn’t store browsing data on company servers, but instead storing such sensitive data on users’ devices.
  • Adblocker: Brave users browse the web without pop-up ads used for phishing, malware, and malvertisements, most of which lead to poor user experiences and theft of user information and funds.
  • Secure encryption: Brave uses an HTTPS Everywhere list that automatically upgrades online communication from the unsecure HTTP to HTTPS wherever possible, ensuring that the communication channels are always protected.

Final thoughts

Brave is one of the few browsers in the market that are pushing the envelope and making blockchain more accessible to the masses. It supports web3 technologies from cryptocurrency wallets to introducing a utility token based on the blockchain.

There is a lot that competitors can learn from the Brave browser that makes it so appealing to tens of millions of users. It is not only web3.0-compliant; it is also secure, privacy-respecting, and more convenient to use.