Gab's Brave Browser Fork Uses Bitcoin’s Lightning Network Instead of BAT

Gab, a purportedly uncensored social media microblogging platform, is reportedly looking to fork the Brave browser to create a “free-speech browser” and, in the future, a “free-speech marketplace and app store,” both powered by bitcoin.

Bitcoin, as covered, has been promoted by the microblogging platform as “free speech money” to its then over 850,000 users. The company, headed by Andrew Torba, has recently launched a browser plug-in called Dissenter, meant to be the “comment section of the internet.”

Gab has been under fire after reports revealed the shooter behind the Pittsburg synagogue massacre was a Gab user. The platform first started accepting cryptocurrency payments in December of last year, after seeing payment processors like Square, PayPal, and Stripe turn their backs on it. The company has even seen crypto-friendly processors like Coinbase and Cash App refuse to work with it.

Its browser extension was recently booted from the Google Chrome and Mozilla Firefox web stores, which prompted Gab to fork the Brave browser, and launch its own “free speech” browser.

Gab’s fork of the Brave browser – which was created by former Mozilla CEO Brendan Eich – isn’t going to use Brave’s Basic Attention Token (BAT), but will instead use bitcoin’s layer-two scaling solution, the Lightning Network.

Interestingly, Brave’s token is set to be used to create an entirely new digital revenue model, in which users are rewarded for seeing ads with a percentage of the revenue from them, while their privacy is preserved. By default, Brave blocks ads and trackers.

The browser has recently launched its own advertising network, meaning it is now rewarding users for seeing ads on the browser. These, so far, are only small notifications.

Dissenter: A Brave Browser Fork

Gab’s fork of the Brave browser, the Dissenter browser, is reportedly keeping the Brave parts it finds useful, like the default ad and tracker blocker, as well as access to Tor. It is, however, removing Brave’s ERC-20 based BAT token, which Gab has been bashing on social media.

The browser, Torba told Decrypt Media, has been created to help cut off access to “user data and ad revenue” for Silicon Valley companies like Google. This, per his words, includes Brave, which he claims built a model more beneficial for advertisers than users.

Brendan Eich himself has had a few clashes with Gab on social media, and doesn’t appear to be pleased with Gab forking his browser and removing BAT from the equation. To Eich, Gab’s goal appears to be to increase the reach of its extension.

Torba, on the other end, claims to not understand the controversy, as he claims the “point of open source is to allow others to build upon an existing codebase and add more value.” Brave itself, he added, “is a fork of the Google Chromium project.”

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TRON Foundation Announces $20 Million TRX Buyback to Promote Market Stability

The TRON Foundation, an organization created to support the development of the TRON network, has recently announced a $20 million TRX token buyback that’s set to “promote community activity and market stability.”

According to a Medium blog post, the TRX buyback will be “by far the largest” token buyback plan the Foundation has ever had, and will have “the widest coverage in the secondary market.” The buyback is set to last for a year and will have several batches.

The TRON Foundation’s TRX holdings, it added, will be unlocked on January 1 of 2020, although the organization has no plans for its TRX at the time. Currently, one TRX token is trading at $0.034 after falling 10.6% in the last 24-hour period.

The token’s price dropped amid a major market sell-off that has seen the price of some altcoins – including Litecoin, EOS, and XRP – drop by well over 10%. The price of BTC is currently down 5.4% in said period. The selloff is likely being caused by traders taking profits off of the bull run we’ve been seeing since the beginning of the year.

Earlier this year, TRON announced a soon-to-be-released upgrade for its blockchain, called Odyssey 3.6. It’ll reportedly include features that are set to improve the network’s security and stability.

As CryptoGlobe covered, in May of this year the TRON Foundation announced BitTorrent, a leading peer-to-peer file sharing platform, would be incorporating the BitTorrent File System (BTFS) protocol to “allow users to receive and host storage on their computers with other individuals and businesses.”

The TRON Foundation has recently celebrated its Independence Day, as on June 25, 2018 the TRON mainnet was launched and its genesis block was created. Since then, the network has grown to over 3.1 million mainnet addresses, and an average of 1.5 million transactions per day, according to Justin Sun.