8.2 C
New York
Friday, December 3, 2021
HomeTechnologyBrave-Browser integrates decentralized Solana applications

Brave-Browser integrates decentralized Solana applications

(Photo: Shutterstock)

Brave, a data protection oriented Internet browser, will support decentralized Solana applications (dApps) in the near future, so that these can be executed natively in the browser. So far, the browser only supported Ethereum and the Binance Smart Chain. The associated crypto currencies ETH and Binance Coin (BNB) are, besides Bitcoin, the only digital assets that are more valuable than Solana (SOL) in terms of market capitalization.

“A result of the inquiry”

The partnership between Brave and Solana has the company behind the browser announced in an official blog post. Brave particularly emphasized the practical use of the blockchain. With the proof-of-history method, which is based on the proof-of-stake mechanism, up to 50,000 transactions per second should be possible. The costs per transaction are very low with a fee of 0.001 to 0.002 dollars.

Solana is the fastest growing ecosystem, so the integration of Solana in the Brave browser is a direct result of demand from users and developers, it is said i m entry on the site. “As more users and developer tools need fast and affordable access to the decentralized web, this integration will seamlessly pave the way for the next billion crypto users to access applications and to use tokens, “Brendan Eich, CEO and co-founder of Brave, is quoted as saying.

Solana’s rise to the top four

Solana, as a potential “Ethereum killer”, has had an incredible rally since the beginning of August. Since then, the price of the cryptocurrency had risen from around $ 35 to as much as $ 260. SOL is currently quoted at around $ 248 and has been able to leave projects such as Cardano, Ripple and Polkadot (DOT) behind thanks to the sharp rise in the share price. With a market capitalization of around 75 billion US dollars, SOL is the fourth most valuable cryptocurrency on the market.

That Suspended the Solana blockchain for 16 hours on September 14, an absolute worst-case scenario for any blockchain project, did not bring any long-term consequences. Also driven by the NFT hype, the price increase at Solana does not seem to end. The Solana price forecast from “Bluntz” has been making the rounds on Twitter for a few weeks: According to him, the goal is 900 US dollars. This would bring Solana’s market capitalization to around $ 270 billion.

You might also be interested in

Follow World Weekly News on

Derrick Santistevan
Derrick is the Researcher at World Weekly News. He tries to find the latest things going around in our world and share it with our readers.

Leave a Reply

Must Read