Do you know what is Web3 browser and how it works? This article will be all about the Web3 browser and its working.
Web3 browsers such as Brave enable users to access Dapp, integrate cryptocurrencies and search over the decentralized web with greater security and privacy.
What is a Web3 browser?
Web3 browsers enable users to interact with decentralized applications built on blockchain technology. Web3 technologies such as Artificial intelligence, distributed ledgers, Metaverse, and others aim to create the next-generation internet, which can be accessed by everyone and offers great advantages.
Some of the characteristics of a Web3 browser are:
- Enhanced transparency and security
- Immutable ecosystem
- Quicker browsing performance
- Integrating crypto wallets with various blockchains
- Complete user anonymity and confidentiality
- Due to decentralization complete control over the content
Moreover, search engines can find microcontent texts automatically tagged in Web3, thereby converting countless macro Web1 content into microcontent. As tagging can somewhat eliminate the uncertainty that synonyms and homonyms introduce to the search process, the end result can be a more accurate search.
How does a Web3 browser work?
Web3 internet browsers make the world of DApps and digital economies available. By leverage cryptography and public blockchains, the Web3 browser controls users, warding off centralized institutions.
In addition, consumers get a reward for interacting with content or when they view it carefully thereby selecting adverts on decentralized social media platforms and Web3 browsers.
But have you wondered, how Web3 browsers change the online experience?
Web3 browsers allow users to use the standard functionality of browsers. They are decentralized applications allowing users to retain ownership of their data and share the revenue. Therefore, is Chrome a Web3 browser?
The answer is No! Chrome is a Web2 browser like Safari and Firefox. But, users can get Web3 applications with Web2 browsers via a Web3 wallet like MetaMask.
Using a Web3 browser
The Web3 wallets can be integrated into conventional web browsers, enabling flexible access to decentralised applications without the need for external intermediaries while yet retaining full ownership of their assets.
This provides DApp browser capabilities. Users don’t need to go through any Know Your Customer (KYC) or Anti-Money Laundering (AML) processes in order to access the Web3 economy.
Furthermore, crypto assets can be stored and managed effectively by using Web3 wallets. But, if one loses their seed phrase, they can lose funds, unlike centralized custodial wallets. Therefore, Web3 browser would be suitable for your requirements?
Let’s learn about different Web3 internet browsers below:
Opera Web3 browser
Crypto users can enjoy a seamless, secure and private Web3 experience with Opera crypto browser with characteristics like phishing protection, a malicious address checker, a secure clipboard, and the industry’s first multi-wallet management tool.
Moreover, users can quickly access Telegram, WhatsApp, Discord, Twitter, and other social apps on the desktop Crypto Browser for staying connected to their communities every time. Also, users can access future airdrops, industry updates, event calendars, instructional content, gas costs, and others via the integrated Crypto corner.
Puma Web3 browser
This browser provides access to Ethereum Name Service (ENS) and Handshake (HNS) domains and InterPlanetaryFileSystem (IPFS), and also seamless payments for content creators, game and app developers by Coil Content Network and Interledger Protocol. By using this browser web monetization works as follows:
- A monthly charge of $5 is paid by Coil members for accessing the content created by the users
- A digital wallet set up by an interested user and making money from their content. They earn $0.36 for every hour a Coil member spends viewing the content of users.
- Coil streams funds to the wallets while coil members is enjoying the content.
Brave Web3 browser
Brave is another open-source software offering privacy-preserving characteristics together with a free-to-use business model. It improves users’ browser super app with cost-free video calls, offline playlists, fully autonomous search, and even a personalized news feed.
In addition, Brave’s brand-new NFT gallery feature provides users with a streamlined interface for managing and viewing the NFT collections.
This browser enables peer-to-peer website hosting, which is known as Hyperdrives, in a private mode. Only those who have the link to a hyperdrive are able to access the website once it has been made. For creating hostless applications, this browser gives you new APIs while still being compatible with the rest of the Web.
Unlike most browsers that display the page’s source code to website visitors, Beaker displays the entire site’s structure in a GitHub-like style. One can host their own fork of the website in this fashion.
The Osiris browser is the first net-neutral browser in the world, and it aims to free people from the bias, censorship, and commercialism that have infiltrated the internet. Osiris assets that it is a blockchain-based browser that by default, bans all commercial trackers.
Users can set privacy settings with Osiris Armor and view the scripts and advertising that have already been banned. In addition, it gives a multi-wallet called Metawallet that sets a wallet in this browser and supports many cryptocurrencies for improving the Web3 experience for blockchain users.
Future of Web3 browsers
Web platforms are emerging with each passing year. They have the ability to money transfer, causing a deluge of internet advertising and fraud in business practices.
Web3 enables to present of global information in a way that Google’s search engine architecture can’t achieve, it allows web monetization opportunities for gamers, developers, and content creators.
Moreover, web monetization offers free, effective, and automatic ways of paying creators, supporting API calls, and funding essential web infrastructure.
Although Google Chrome is the most widely used Web2 browser and DApps which can be accessed by Web3 wallets, these blockchain-friendly web browsers enable users to control their funds, data and assets without intermediaries.
So, the shift towards decentralized web calls for innovative and novel solutions to improve the user experience, and Web3 browsers as a gateway to DApps are important to access the digital economy.
Also read: With Web3, your email may look like this
In spite, the reality is that there are still many unexplored areas of Web3 and a lot of research that needs to be efficiently done. Now, it’s evident that Web3 technologies are emerging as a significant force in the current Web landscape.
In addition, it is expected that Web3 browsers will continue to offer distinct services in future to serve the needs of blockchain users.