Monday, May 16

A look at Opera Crypto Browser, a “Web3 browser” that prepares us for a world of dApps, NFTs and cryptocurrencies

They say that Web3 is coming, the new iteration of the internet with an absolute focus on decentralization and cryptocurrencies. How will we move in that new iteration? That’s what you want to answer Opera, which has created the so-called Crypto Browser Project and offers a beta browser with which to start exploring that world.

Actually, this project is one more milestone in a path that Opera began years ago when integrated a cryptocurrency wallet in the browser. That wallet is an integral part of this new browser, but so are the access to decentralized applications (dApps), to NFTs and content (such as tutorials and guides) that help us enter a still diffuse Web3.

Hi Web3, is that you?

It may be that in a few years we will have fully assumed the role that cryptocurrencies and decentralized applications (dApps) may have in our lives —if they end up having it—, but today that role generates a lot of confusion.

From a Web 2.0 in which everything is highly centralized, the idea is move to a much more decentralized Web3 and in which users become somehow “owners” of a website that is now controlled by large corporations.

They will play a key role in this. cryptocurrencies and blockchains which are a fundamental pillar of that crypto economy in which we will see (or are seeing, rather) a new batch of decentralized applications (dApps).

Among them, some currently stand out, such as Uniswap, belonging to the DeFi (Decentralized Finance) segment, or others such as OpenSea, which have become benchmarks in the management and sale of those (also diffuse) digital assets called NFTs.

Opera paves the way with its Crypto Browser

Facing this whole world of “cryptoterms” and new options is complex, but Opera wants to ease the way. For this he has created his Crypto Browser Project, a browser in beta phase that is a version of your conventional browser, but that comes with several elements focused on getting us into Web3.

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The first of these elements is called Crypto Corner, an aggregator of information of the crypto world in which we find news, cryptocurrency prices, status of commissions (‘gas’, in the case of Ethereum, for example) or even podcasts that talk about all these topics.

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We also have Opera Wallet, the wallet or ‘crypto wallet’ without custodian and integrated -no extensions, although we can install third party wallets like the famous MetaMask—and that will allow operations with cryptocurrencies.

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Although Opera offers its integrated wallet, we can have several installed and choose which one we operate with at any given time.

We can easily create our own wallet, trade Ethereum and buy cryptocurrencies, but also operate with expendable ERC-20 standards as non-expendable, whose support in some cases will arrive during the first quarter of 2022.

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There is also a section for trade with NFTs and connect to those collections of digital art —the idea seems more or less valid to us—. From there, if we want, we can invest in that section through the strong relationship of that section with the aforementioned OpenSea.

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The “Edu” section of the “Crypto Corner” allows access to various guides, courses and tutorials.

Those responsible for Opera have also taken into account the debate on the energy consumption of this type of system and all its transaction operations. They have allied themselves with Polygon, a network that only consumes 0.00079 TWh per year compared to other much more voracious blockchain networks that consume between 35 and 140 TWh per year on average.

We are therefore faced with an interesting option for those who want to take advantage of all the functions that Opera offers when it comes to enter this world and begin to know it. The Crypto Browser Project is available today on Windows, Mac and Android.

More information | Opera