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Brave launches 1.0

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Re: Brave launches 1.0

#541

Post by alwillis »

PKop wrote: post #291
triclops200 wrote: post #41

Earlier quoted context omitted.

I'd assume to limit how much transaction costs for microtransactions from many users. Credit cards are awful for small transactions, so you buy a bulk of BAT every month to reduce transactional overhead and then let creators cash out when they have some threshould of BAT. They could have done it way simpler than a cryptocurrency, though, by just using a floating point number in a database somewhere, but I'm assuming…

>so you buy a bulk of BAT every month Why is nobody considering the exchange rate volatility here? Endless comments about saving a few pennies, while massive depreciation from holding large quantities in volatile crypto blow away any benefit of not using dollars.

As I mentioned further up in the thread (https://news.ycombinator.com/item?id=21532097), BAT is an ERC-20 token and can be easily converted to a stablecoin, which is pegged to $1 USD per token. So if you can avoid that if you want to.

Re: Brave launches 1.0

#542

Post by alwillis »

thefreeman wrote: post #165
judah wrote: post #13

I've been using Brave rewards, both as a user and a content maker. It's really great, and I feel this may be a reasonable alternative to the invasive trackers+ads we have today. For the uninitiated, Brave lets users opt-in to Brave rewards: - You set your browser to reward content creators with Basic Attention Token (BAT). You set a budget (e.g. 10 BAT/month), and Brave distributes it the sites you use most, e.g. if…

doesn't Brave have to track your browsing history in order to accurately award sites "you visit the most"? Isn't that exactly the issue a lot of people have with ads in the first place?

Nope—Brave uses zero knowledge proofs and other fancy technology so they don’t know anything: https://www.reddit.com/r/BATProject/comments/8v11fr/how_will...

Re: Brave launches 1.0

#543

Post by alwillis »

tuesdayrain wrote: post #485
iamaelephant wrote: post #405

Earlier quoted context omitted.

So Brave is tracking all of the content I consume? That will be a hard pass from me, thanks.

Purely client-side. The data never leaves your device so I believe your concern here is misplaced.

Correct: https://www.reddit.com/r/BATProject/comments/8v11fr/how_will...

Re: Brave launches 1.0

#544

Post by vmurthy »

cyborgx7 wrote: post #267
jonathansampson wrote: post #179

Earlier quoted context omitted.

Brave Ads are opt-in, and user-configurable. You decide whether or not to participate, and to what degree (1 to 5 ads per hour). These ads are surfaced as OS notifications, which means they respect settings like Do Not Disturb, Focus Mode, etc. And, as always, you receive 70% of the ad revenue for your participation. Respectfully, that doesn't strike me as an "escalation of hostility" when you compare against the cur…

I already decided my Ad participation. I block ads, and want the advertising industry to die. This does not seem like a value add to me.

I’m somewhat in your camp. Why I’d like the ad industry to die is because they’ve collectively decided that privacy is a relic of the past.

I’d rather they work with the likes of DuckDuckGo and share context based ads. Context does NOT include my personal details :)

Re: Brave launches 1.0

#545

Post by PKop »

alwillis wrote: post #541
PKop wrote: post #291

Earlier quoted context omitted.

>so you buy a bulk of BAT every month Why is nobody considering the exchange rate volatility here? Endless comments about saving a few pennies, while massive depreciation from holding large quantities in volatile crypto blow away any benefit of not using dollars.

As I mentioned further up in the thread ( https://news.ycombinator.com/item?id=21532097 ), BAT is an ERC-20 token and can be easily converted to a stablecoin, which is pegged to $1 USD per token. So if you can avoid that if you want to.

I'm aware of so-called stable coins. The risk with them is you must trust they have the backing & will make good on your claim. Now, since Brave is a company dealing with customers and content creators who actually have to get paid by them, they already must be trusted...so I do think this would have a been a better way to go.

I understand that crypto can be converted "easily". But how does that square with storing BAT in your wallet for long periods of time to frictionlessly use it to pay content-creators? Is "eaily converting" (presumably quickly with very small "hodl" periods) consistent with how the token is supposed to be used: stored on a wallet, collected by content creators periodically?

Re: Brave launches 1.0

#546

Post by PKop »

dorgo wrote: post #427
PKop wrote: post #291

Earlier quoted context omitted.

>so you buy a bulk of BAT every month Why is nobody considering the exchange rate volatility here? Endless comments about saving a few pennies, while massive depreciation from holding large quantities in volatile crypto blow away any benefit of not using dollars.

volatility is just a risk, a possibilty to loose money/value. Or even to gain. Transaction costs, on the other hand, are a certainty.

Measures of volatility greatly impact perceived value of whatever it is you are holding/investing in. Don't try to make the claim to me that high volatility will have no effect on both sides of this market demanding BAT. That's silly talk.

If you want to try to tell me risk and volatility don't enter into decisions on which assets the market values, then you expose yourself as being as naive as I presume many buying into this idea are.

Re: Brave launches 1.0

#547

Post by anewguy9000 »

t34543 wrote: post #534
asdkhadsj wrote: post #292

Earlier quoted context omitted.

Yea, I'd be happier if there was some notion of an inherent value in my eyeballs - and then I could just put that money into the system. Eg, I pay $5/m or $15/m, whatever, and that gets split up by the number of pages I view and content I consume. I'm a firm believer that FOSS and (Internet) Content needs funding. Yet, I loathe ads. They promote (but are not solely to blame for) behavior that is a brain drain on soci…

Remember when the internet wasn’t a center of commerce? People posted websites and information for free because it was cool and noble. That’s the internet I love. The audacity of so many people who feel entitled to get paid makes me so sad. I adblock, strip affiliate links, etc. Ad revenue drives censorship. Dumbs people down, etc. The whole biz should burn down to the ground.

holy shit a hacker on hn. i was not sure there were any of us left

Re: Brave launches 1.0

#548

Post by mthoms »

sneak wrote: post #523
mthoms wrote: post #415

Earlier quoted context omitted.

Unclaimed funds go back to the user's wallet after 90 days. This has been the case for almost a full year now. https://brave.com/faq/#unclaimed-funds

“Yes” would have also worked.

You're right, I probably wasted my time. I should have guessed from your inflammatory rhetoric you had no interest in actually learning or discussing anything.

My mistake.

Re: Brave launches 1.0

#549

Post by mc32 »

t34543 wrote: post #534
asdkhadsj wrote: post #292

Earlier quoted context omitted.

Yea, I'd be happier if there was some notion of an inherent value in my eyeballs - and then I could just put that money into the system. Eg, I pay $5/m or $15/m, whatever, and that gets split up by the number of pages I view and content I consume. I'm a firm believer that FOSS and (Internet) Content needs funding. Yet, I loathe ads. They promote (but are not solely to blame for) behavior that is a brain drain on soci…

Remember when the internet wasn’t a center of commerce? People posted websites and information for free because it was cool and noble. That’s the internet I love. The audacity of so many people who feel entitled to get paid makes me so sad. I adblock, strip affiliate links, etc. Ad revenue drives censorship. Dumbs people down, etc. The whole biz should burn down to the ground.

Much of what you say rings true but ... I think without the incentive of monetization I don’t think we’d see as much good content in places like YouTube.

On the other hand that same carrot brings a lot of baggage like: ads, and lots of crap (content farms and idiotic buzzfeed listicles and cat videos) some idiocy is okay, but we get flooded ...

Re: Brave launches 1.0

#550

Post by BrendanEich »

paul7986 wrote: post #524
BrendanEich wrote: post #315

Earlier quoted context omitted.

Try it first -- it is optional. We're working on other channels than OS notifications, but so far the people who have opted in are happy enough (14% CTR).

Is Google the default search engine for Brave?

In most regions where users would bounce off a different default and manually override it to Google (thus denying us an ethical defaulting opportunity), yes. Mozilla found out the hard way in 2014 December when they reset default from Google to Yahoo! in the USA, and most Firefox users Whisky Tango Foxtrotted back to manual Google setting. (Verizon and Mozilla bailed on that deal and Mozilla is back with Google.)

The good news is that we are partnered with DuckDuckGo already on private tabs, and as a promoted alternative engine -- and now we are switching default search in key European countries to DDG. We feel DDG's quality has risen enough, and certain countries are privacy-focused enough, that we won't lose too many users via default search override setting back to Google.

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