Yesterday, an internet browser for crypto fans was released by Opera. The Web3-focused browser includes an integrated crypto wallet and is designed to work with decentralised apps.
Web 2.0 is a universe of interactive websites like Facebook and YouTube that host user-generated content. These platforms are owned by wealthy corporations, and content creators have no stake in them, even though their content can be profitable.
The idea behind Web3 is to convert the world wide web to blockchain, the technology that powers cryptocurrencies like Bitcoin and Ethereum. The main goal is to move online services to a network of computers that isn’t owned by a single person or group.
Gavin Wood, the co-founder of Ethereum and the person who came up with the term “Web3,” used to say that it was a “safe social operating system” that people could trust. Web3 proponents say that the internet should be more democratic and free from corporate control.
This new technology is still very young, and even people like “Technoking” Elon Musk and Jack Dorsey, the former CEO of Twitter, aren’t sure about it yet! Opera, on the other hand, appears to be completely on board with the concept.
The Crypto Browser, developed by Opera Software, the company that makes the eponymous Opera browser, is a web browser for mobile devices and laptops (with Windows and Mac operating systems).
The company refers to it as a dedicated Web3 browser and claims that it meets the needs of blockchain aficionados by providing them with a browsing experience that is tuned specifically to their needs. As a result, it will allow for more comprehensive integration of decentralised apps. This section of the browser is dedicated to cryptocurrency news and event alerts, as well as instructional information and community recommendations.
As an important feature of the cryptocurrency world, the Opera Crypto Browser has a built-in non-custodial crypto wallet. In a custodial wallet, a third party or service provider manages the private keys for transmitting or receiving cryptocurrencies. In other words, this third party controls all funds and only approves transactions.
By using a non-custodial wallet, the user is able to keep their security keys which allows them to maintain complete control over their cryptocurrency assets. This is a significant advantage that Opera’s new Web3-focused browser has, as there is no requirement for third-party applications or extensions.
In addition, Opera’s crypto browser offers a self-monitoring clipboard that allows users to copy and paste critical information securely. Several features from the company’s standard online browser will be carried over, including a native one-click free VPN, an integrated ad-blocker, and automated tracker blocking, among others. Unk
Unknown to many, Ad clients make a lot of money tracking user web activity and collecting the information they get. Its use has been extensively exposed on several occasions in the past, and Facebook Pixel is one of the most widely utilised tracking tools available.
Opera’s Crypto Browser is currently available for download as an open beta on Windows, Mac, and Android, with an iOS version to follow in the coming weeks.
