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The Brave browser is brilliant, but probably not for the reasons you think

rudism.com

11–20 of 251 posts

Re: The Brave browser is brilliant, but probably not for the reasons you think

#12
post #8
post #6

One of the problems with BAT is that ERC20 doesn't scale so as they get more users, they will need to cut back on the frequency of payments. Also, a lot of that value is absorbed by the Ethereum network as transaction fees (GAS).

They can move across Omni, Liquid, Tron, EOS or any other more scalable chain or layer - it's what Tether has done

Actually, Tether moved most of their tokens from Omni to the Ethereum blockchain. $2.7B of usdt are in circulation as erc20 tokens.

Re: The Brave browser is brilliant, but probably not for the reasons you think

#13
being in the camp of "nothing ever good comes from adds", I've never considered Brave.

A browser is a remote code execution engine for attacker-controlled content. Looking at their bounties on H1 https://hackerone.com/brave/hacktivity they are still solving problems which Mozilla and Google have researched and extinguished long ago. I don't trust Brave to get the security right. Also Ethereum is a scam and doesn't scale but that's a whole other topic.

As for their claims around paying content generators with their fake monopoly money, this article was absolutely on point.

Re: The Brave browser is brilliant, but probably not for the reasons you think

#14

Totally off-topic but I really liked the CSS/design for this site. Simple layout, nice choice of fonts, and a sensible and easy-to-read colour combination for this "wall of text" style presentation. Nice one.

Interesting... I find it absolutely terrible. White monospace font on a black background - no thanks. Without reader mode I wouldn't stay a second on such a page.

Re: The Brave browser is brilliant, but probably not for the reasons you think

#15

Totally off-topic but I really liked the CSS/design for this site. Simple layout, nice choice of fonts, and a sensible and easy-to-read colour combination for this "wall of text" style presentation. Nice one.

I dislike it. I can handle white backgrounds and black backgrounds, but pages like the OP which have large regions of both overstimulate me.

Re: The Brave browser is brilliant, but probably not for the reasons you think

#16
The author discovered how capitalism works. Everything that has value, has it because there are people willing to pay for it, not necessarily because it has value or purpose. To use a tangible example instead of a virtual one - go read how diamonds have been pumped up by the mining-cutting cartels to be perceived as very valuable while in fact it's very hard to convert them to cash without a significant loss. PS. I've read recently that to move large money in times of crisis it's best to use diamonds, rubies etc. over gold or cryptocurrencies (cash is a non-starter, too much space). Well good luck with converting these stones back at purchase value. It boggles the mind that people can't see how much freedom 24 seed words give in times of crisis. You could move a billion dollars stashed in pages of a harlequin novel through every border & customs check and nobody would ever know. Try that with physical materials.

Re: The Brave browser is brilliant, but probably not for the reasons you think

#17
post #6

One of the problems with BAT is that ERC20 doesn't scale so as they get more users, they will need to cut back on the frequency of payments. Also, a lot of that value is absorbed by the Ethereum network as transaction fees (GAS).

Isn't that a temporary problem though? With ETH 2 launching probably by the end of the year?

ETH2 phase 0 _may_ come at the end of the year. It will be many more years before ETH2 is live and trusted with real funds... enough to either absorb ETH1 or switch over to it. Heck, it may not happen at all. Amazing how this group mindset around ETH2 works.

Re: The Brave browser is brilliant, but probably not for the reasons you think

#18
post #6

One of the problems with BAT is that ERC20 doesn't scale so as they get more users, they will need to cut back on the frequency of payments. Also, a lot of that value is absorbed by the Ethereum network as transaction fees (GAS).

Isn't that a temporary problem though? With ETH 2 launching probably by the end of the year?

They've been promising this for years. I've been working in the blockchain space for 2 years and I have experience working on scalable distributed systems as well so I'm skeptical of Ethereum's approach to sharding.

Aside from major technical challenges that are specific to Ethereum, a major problem with sharding a blockchain in general is that it somewhat obscures the reality that each shard is in fact a separate blockchain with separate network participants and so it might as well have a separate unit of value and not be constrained to a single token.

The ideal solution IMO (to really promote decentralization) is to have multiple independent blockchains and networks interlinked together via open source decentralized exchanges - This will mean that any token's value could be instantly determined relative to that of any other token in a trustless way by polling decentralized exchanges.

Re: The Brave browser is brilliant, but probably not for the reasons you think

#19

being in the camp of "nothing ever good comes from adds", I've never considered Brave. A browser is a remote code execution engine for attacker-controlled content. Looking at their bounties on H1 https://hackerone.com/brave/hacktivity they are still solving problems which Mozilla and Google have researched and extinguished long ago. I don't trust Brave to get the security right. Also Ethereum is a scam and doesn't sc…

Brave is Chromium-based...it's literally a fork of the core source code for Chrome, so I don't think it would be any more insecure than that. And with Microsoft forking Chromium for Edge, Chromium should continue to get top-notch support on that front.

Ethereum is not a scam. It has evolved a great deal over the past 6 years, and thanks to zero-knowledge proofs, ETH does scale now (up to 2300 transactions a second, without any need for further upgrades...see Loopring for an in-production implementation of this tech https://loopring.org/#/), so you should update your knowledge on the subject.

It's not fake money. It's getting paid to view ads. This is not even a new idea. I used to use an internet service back in the 90s that was free as long as they could spam me with ads (NetZero). Facebook and Google make hundreds of billions of dollars off of ads, do you really think there's no room in that to give back to consumers of ads some portion of the revenue? The only reason they don't is because their duopoly over internet advertising is pretty stable right now.

Re: The Brave browser is brilliant, but probably not for the reasons you think

#20
I've been clicking the desktop ad notifications like a madman. Earning BAT, then taking that BAT and converting it to an interest bearing stable coin token in DeFi (~8%). Some of the BAT I earn, I also convert into ETH so I can pay for gas, making my transactions 'free'. It has been a fun experiment in playing with this stuff, but it certainly isn't going to make me rich or anything.
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