Opera introduces the first browser with built-in crypto wallet
Opera announced that the company is launching the world’s first browser with an integrated crypto-wallet.
Opera Crypto Wallet for the time being only for Android
The new browser will allow millions of mobile Internet users to receive cryptocurrency payments and spend cryptocurrencies without downloading an additional wallet or application. According to Statista, about five percent of people worldwide use Opera on mobile devices.
In the announcement, Opera product manager Charles Hamel noted that he “hopes that this will accelerate the transition from crypto currencies as a speculative object and investment to actual payments and transactions in the daily lives of users.”
The new version of the Opera browser, which is currently available in a private beta for Android, combines easy-to-use crypto-wallet functionality with support for Ethereum’s (Dapps) distributed apps.
It supports ETH, ERC20 and ERC721 tokens
The beta version of the app currently supports only ETH, all ERC20 tokens and crypto-kitties, with future versions also supporting additional ERC721 tokens. Opera also plans to expand the wallet to support more cryptocurrencies in the future, such as Bitcoin and Litecoin, as well as other networks.
In addition to the seamless integration into the browser Opera wants to make the wallet itself simpler than existing solutions and at the same time ensure a high level of security. For most wallets, the user must create a PIN code or password. Instead, Opera relies on Android’s system lock to sign transactions, so users do not need to create new codes to use the wallet.
Private keys are stored on the smartphone
It is also a user-controlled wallet, it says in the announcement. Existing Dapp browsers and extensions provide uniquely identifiable wallet information to all websites that are visited, increasing the risk of tracking or phishing attacks. Instead, the Opera Wallet asks for the user’s permission for each page requesting Wallet information before it is published, much as existing Web permissions work (such as geolocation, camera or file system access). The private keys are also stored on the user’s smartphone and “nowhere else”.
If you have an Android smartphone and want to test the new version of Opera, you will find all the information you need at https://www.opera.com/crypto.
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