“We’re really only using bitcoin under the hood. The company says it has partnered with BitGo and Coinbase to provide wallets and other purchasing tools for its payment system dubbed “Brave Ledger.” The idea with this feature is to allow users to anonymously donate small amounts to their favorite websites. The browser offers a variety of security and safety features, as well, including support for encrypted data traffic via HTTPS Everywhere, fingerprinting shields, phishing protection, malware filtering and the above-mentioned script blocking.Īlso of note, Brave is building support for bitcoin micropayments right in the browser. Because of its ad-blocking and script-blocking features, mobile users will also see less battery consumption and data usage. Along with prior funding, the startup has raised $7 million to date.Īccording to metrics shared by Brave, the desktop version of the browser offers a 40 to 60 percent speed increase, and a 2x to 4x speed increase on mobile devices.
Investors in the round include Founders Fund’s FF Angel, Propel Venture Partners, Pantera Capital, Foundation Capital, and Digital Currency Group.
Unlike traditional web browsers where ad-blocking takes place via a third-party add-on or extension, Brave’s browser has this technology built in, claiming not only to offer users more privacy, but also increased speed and performance – especially when surfing the mobile web. Brave Software, the new web browser company co-founded by former Mozilla CEO Brendan Eich, has raised $4.5 million in seed funding for the continued development of its open source browser that blocks online ads and other trackers.
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