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    Thursday, January 20, 2022

    Opera Releases Beta Web3 Browser with Crypto Wallet

    Opera has launched the beta version of its “Crypto Browser Project,” an internet browser with built-in Web 3 integrations.

    The product is targeted at both “the crypto-native and the crypto-curious,” with Opera’s own crypto wallet at the core of its user experience, according to a press release Tuesday.

    The main feature of the browser is that users can switch between applications without having to sign into their wallets for every new tab, which will work for any app that has an Opera wallet integration.

    While the current Opera wallet is exclusively compatible with Ethereum, the company plans to roll out Polygon and Solana compatibility in the near future, with a “biglLayer 2 announcement” coming in February, a representative told CoinDesk.

    “We actually believe that browsers will be more important in Web 3 than they were in Web 2,” Jorgen Arnesen, vice president of Web 3 at the Oslo-based Opera, told CoinDesk in an interview. “We’ve been around the block for 25 years, and around Web 3 since 2018. A multi-chain token strategy will be essential to a good user experience.”

    The crypto-centric browser also features a built-in news hub called “Crypto Corner,” along with Twitter and Telegram integrations.

    Latest news, podcasts, airdrops and events at a glance

    The Opera Crypto Browser Project is about more than just surfing traditional websites through a one-size-fits-all solution. It’s specifically designed to work with a variety of decentralized apps, or dApps, as well as provide deeper functionality than a traditional browser that has a basic web wallet add-on. This is possible thanks to a wide array of built-in, web3 focused features, as well as the inherent speed that Chromium already offers the suite of Opera browsers. For starters, the Crypto Corner gives you access to the latest blockchain news, upcoming airdrops, an industry events calendar, NFTs, crypto communities, educational content, podcasts and videos as well as crypto prices, gas fees and market sentiment – all in one spot.

    Native non-custodial crypto wallet and secure clipboard

    The browser also includes a new native non-custodial crypto wallet which allows you to access your crypto or sign into dApps directly from the browser, without installing any extensions. This provides additional security as both the browser and the wallet, which will be released as open source soon, have been developed by the same trusted teams in Sweden and Poland. Still want to use another wallet, such as Metamask? It will of course work in the PC browser – we have even implemented a new wallet selector tool to make this experience smooth. 

    With the Crypto Browser you are also getting a secure clipboard that allows you to safely copy and paste. By securely monitoring itself, the clipboard makes sure no other apps have modified your wallet address or other sensitive data. You’ll also enjoy Opera’s free, no-log browser VPN, native ad-blocker and tracker blocker, but with the added access to Web3 websites and dApps – directly from the browser’s address bar!

    This experience will only get better as we progress towards the official launch of our browser in the coming months and as we add more features including Layer 2 support for growing networks.

    Bringing the Web3 experience to a new level

    The internet of today is working well. It provides us with incredible experiences, social interactions, as well as an information flow we couldn’t have imagined 20 years ago. However, privacy and centralization in the hands of the few are areas where the current web isn’t delivering.

    Web3, or the blockchain-based internet, promises to challenge these issues. Over the last decade, blockchain technologies have established themselves as a robust, privacy-focused alternative to centralized platforms while creating enormous value thanks to their ease of use and decentralization. Web3 is the evolution of this: it empowers internet users and developers with the ability to address fundamental issues with the current web, making the future more open and decentralized. 

    Thanks to the power of the strong encryption that blockchains provide, Web3 can finally provide a safe way for anyone to get involved in blockchain technology and cryptocurrencies; from Decentralized Finance (DeFi) – where you are your own bank, to Non Fungible Tokens (NFTs) – the amazing new realm of Digital Art, and GameFi – where you can earn as you play your way through all sorts of metaverses. The Wide World of Web3 is now at your fingertips.

    The legacy browser isn’t the only of its kind looking to take advantage of growing Web 3 interest. There's also Brave, another crypto-centric browser that boasts its own payments wallet.

    After successfully adding cross-chain compatibility, Opera says it will open source its wallet, maintaining a focus on privacy and security.

    “We want to develop basically an agnostic web experience just like we have done for Web 1 and Web 2,” Arnesen said.

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