This is a segment from The Drop newsletter. To read full editions, subscribe.
Brave is one of the few web browsers that’s embraced crypto.
It has the affiliated BAT rewards token and a built-in crypto wallet, to name a few of its tie-ins.
But it’s also taken a privacy-forward approach — and splashed that across its marketing to help set it apart from other Chromium-based browsers.
“We’re kind of in [a] metaphysical rebellion against the big tech surveillance powers that evolved on JavaScript,” Brave CEO and cofounder Brendan Eich, who created the JavaScript language, said onstage during Blockworks’ Permissionless conference this week.
“We didn’t think about this enough in the mid-90s. The cookie was for keeping your login tokens,” he added. “It wasn’t for third-party traffic, but that’s how it evolved, and JavaScript was just fuel on that fire.”
Eich argued that internet advertising is inherently a “toxic system” where involved parties are “all fighting each other and cheating each other.”
But tech that can use blockchain rails, like ZK Proofs for privacy plus “proof of humanity” verification for fraud prevention, could help bring about a new, browser-native, more private ad system.
“We’ve gotta get onto blockchains that are faster and private by design,” he said.
Loading Tweet..
Brave began as a web browser, because that type of product is a starting point with the potential to reach a mass consumer audience.
“It’s the universal app, the daily driver. We have more user minutes and a smaller user population than X does,” Eich said. Brave’s transparency page lists 38.6 million daily active users and 88.1 million monthly.
And while not all Brave users may like this bit, Brave Search is helping the firm’s AI business by using that data to refine its LLM (Brave offers Leo AI).
“It seems like the browser is still relevant, but we found that the flipside of the browser coin is Search,” the CEO said.
Eich previously cofounded the Mozilla Foundation and its affiliated company and worked on Mozilla projects for 11 years. He spoke onstage with Midnight Foundation President Fahmi Syed (Midnight is a Cardano-affiliated, ZK- and privacy-focused chain). Midnight, whose foundation launched just last month, is planning to include BAT holders in its upcoming NIGHT airdrop.
Loading Tweet..
Last month, Brave said it’s adding Cardano support to the Brave Wallet, which already supports lots of chains including Bitcoin, Ethereum, Solana, Avalanche, and others.
Read the full article here