The decision to implement Solana was driven by its high transaction speed and minimal fees. This is in line with Brave's mission to facilitate the distribution of BAT rewards to a broad user base: with Solana, users can seamlessly earn BAT rewards, support creators, exchange tokens for wallets, purchase SOL domains, Orca pool liquidity, and participate in NFT transactions with SPL-BAT tokens on the blockchain for a variety of purposes.
While #Solana serves as the first #blockchain integration for rewards transfer, the company is open to exploring other blockchain networks such as #Ethereum Christopher Nguyen, Director of Brave Rewards, emphasized the importance of user choice and that the company is considering other blockchain networks such as the SOLana blockchain, and offered the possibility of collaborating with other established players in the #web3 space.
The integration of Solana is an important step towards simplifying the transition to Web3 for average users. By removing withdrawal fees and restrictions associated with centralized platforms, the company will give users the ability to fully own and manage their own Solana wallet and transact with #BAT tokens directly on the blockchain with unprecedented freedom and flexibility.
Since its launch in 2016, the browser has been recognized for its privacy-focused features, allowing users to block trackers, ads and scripts. The Basic Attention Token (BAT) created in its ecosystem gives users an incentive to opt out of privacy-sensitive ads. Until now, interacting with BAT required an account on Uphold, a digital money platform that provides "self-storage support.
With the introduction of Solana support in May 2022, users can now interact with SOL and SPL tokens directly in their Brave wallet, extending the browser's functionality. However, a third-party platform was required to transfer assets into the wallet for self-storage.
With the new integration of Solana into the Brave blockchain, Brave simplifies the process by providing a seamless experience for users across the browser ecosystem. In addition to SOL and SPL tokens, Brave wallets are available in BTC, ETH, APE, MATIC, FIL, USDT and USDC, and support a wide range of cryptocurrencies including.
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