- Opera browser may have just unlocked a new level that sets it apart from other browsers.
- Crypto fans are in for a surprise with the latest features introduced to the browser.
- You will now be able to access your crypto without having to add browser extensions.
If you are into crypto, Opera is set to make your activities simpler with the latest features introduced to the browser.
The first version of the Crypto Browser was built by the engineers at Opera earlier in the year, but now a team of five people are developing the browser, which is built on Chromium, Opera’s open-source web platform.
The Opera browser has long been known for its speed and compression capabilities. And now it’ll have yet another distinction: enabling users to interact with decentralized apps (dApps) built on top of blockchain technology.
Crypto-based browser
While there are many ways to access cryptocurrency and purchase digital collectibles (NFTs) in a decentralized manner, the Opera Crypto Browser aims to simplify this process.
The browser will provide cryptocurrency wallet capabilities and support for Ethereum-based ERC-721 non-fungible tokens (NFTs). Users will also be able to access decentralized exchanges such as ForkDelta and RadarRelay within the browser.
It’s not entirely clear what implications this move will have for Opera’s business model or if it will charge fees for using its crypto wallet service.
Key features
The most notable feature is the wallet, which will be non-custodial and let you hold multiple cryptocurrencies from day one.
Another interesting aspect of the wallet is the ability to swap one cryptocurrency for another directly in your wallet. This means you can swap ETH for BTC or vice versa without having to go through an exchange.
Security-wise, Opera offers a secure clipboard that ensures data copied outside of the app (for example if you copy the text in a cryptocurrency exchange) cannot be read by other apps. If a developer tries to read it, it will be encrypted in such a way that only Opera can make sense of it.
Opera’s move is a small but significant step in establishing cryptocurrencies as a force to be reckoned with alongside more established payment methods.
Opera claims a significant percentage of the desktop browser market worldwide, and its crypto-enabled browser will likely have an immediate impact on that figure. As the crypto space continues to grow, Opera’s approach will be closely watched by rivals like Mozilla, Apple, and Google.
What do you think this means for other browsers with the introduction of a Crypto-based browser? Let us know in the comment section below.
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