Opera announces the launch of a Web 3 crypto browser

Share This Post


Opera has announced that it will be releasing the beta version of its new Crypto Browser Project. The crypto browser seeks to improve user experiences in decentralized applications (Dapps), games and the metaverse.

The project also seeks to offer direct access to Web 3. These services will be available to users on Windows, Mac and Android.

Opera launching a superior browser

Opera will retain the security features available on its current browser. These features include a no-login VPN and a native ad and tracker blocker. The newly integrated features will provide access to decentralized exchanges (DEXs), non-fungible tokens (NFTs) and gaming DApps. The browser will also offer support to Twitter and Telegram.

The EVP mobile at Opera, Jorgen Arnesen, commented on this initiative, saying, “Opera’s Crypto Browser Project promises a simpler, faster, more private Web3 experience for users. IT simplifies Web3 user experience that is often bewildering for mainstream users. Opera believes Web3 has to be easy to use for the decentralized web to reach its full potential.”

The browser will also have a non-custodial wallet that will support Ethereum. The support is expected to extend to other networks such as Celo, Nervos Network, Polygon and Solana in the future. Its integration on Polygon is expected to happen during Q1 2022. It will also be integrated into naming systems such as the Ethereum Name Service, Handshake and Unstoppable Domains.

The wallet will provide support to fungible ERTC-20 standards and non-fungible ERC-721 standards. Support for ERC-1155 will be added during this quarter. The browser will also allow users to buy cryptocurrencies using fiat and complete crypto-to-crypto swaps. It will also feature an in-built NFT gallery.

Opera noted that this project will be launched on a beta phase, but the platform would continue analyzing the user feedback to find ways to improve the platform’s functionality.

Divided opinions on Web 3

Web 3 proponents usually state that this will be the next version of the internet, allowing internet users to have more control over their online activity. Web 3 is expected to compete against major tech giants such as Facebook, Google, Twitter and Microsoft.

However, not everyone is buying into the hype. The CEO of Tesla, Elon Musk, has previously mocked Web 3 and those that support it. Additionally, the former CEO of Twitter, Jack Dorsey, posted a tweet saying that users will not have control of their content with Web 3; rather, it will be controlled by venture capitalists and liquidity providers.

Your capital is at risk.

Read more:

Read Entire Article
spot_img
- Advertisement -spot_img

Related Posts

Solana Surges As Momentum Resumes, Is $240 the Next Stop?

Solana (SOL) is gaining momentum once more, with bullish energy pushing it higher as it aims for the next major resistance at $240 Following recent consolidations, SOL has surged onto traders’

Coinbase Acquires Utopia Labs Team to Accelerate Onchain Payments

Coinbase is enhancing its onchain payments capabilities with the acquisition of the Utopia Labs team, which will join Base to advance the onchain payments roadmap within Coinbase Wallet Jesse Pollak,

Crypto Legal Battle: 18 States Accuse SEC Of Unconstitutional Regulatory Actions

In a significant challenge to the US Securities and Exchange Commission (SEC) and its regulatory approach toward the crypto industry, 18 states have filed a lawsuit against the agency and its

SEC facing joint lawsuit from 18 US states over ‘unconstitutional persecution’ of crypto

Attorney Generals of 18 US states have filed a joint lawsuit against the Securities and Exchange Commission (SEC), its Commissioners, and Chair Gary Gensler The lawsuit accuses the agency of

Senator Lummis Proposes Selling Fed’s Gold To Fund Strategic BTC Reserve: Bloomberg

The post Senator Lummis Proposes Selling Fed’s Gold To Fund Strategic BTC Reserve: Bloomberg appeared first on Coinpedia Fintech News According to a latest Bloomberg report, Republican Senator

New Era For Crypto Regulation? SEC Chair Gensler Suggests He May Step Down

A potential shift in crypto regulation could be in the works as the US Securities and Exchange Commission (SEC) Chairman Gary Gensler hints at a possible resignation following President-elect Donald