Brave Crypto-Browser Rolls-Out Ads Viewer Scheme to Android

Neil Dennis

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Brave, the cryptocurrency-powered blockchain web browser, has expanded its Brave Ads rewards system to users on Android devices.

Brave Rewards, which rewards users who opt-in to see ads on the platform in Basic Attention Tokens (BAT), is now available on the Google-developed operating system. Previously the feature was only available on desktop browsers.

A user of the Brave Ads feature posted on Reddit on Thursday morning: "My first Android advert!!" In the post, the user included a picture of a Brave browser ad notification on his smartphone, showing the community how the ad system works on mobile devices.

Brave Ads Development

Brave's browser was launched by former Mozilla chief executive  and JavaScript creator Brendan Eich in 2016 and was funded by selling BAT tokens to investors through an initial coin offering (ICO).

The Brave Ads product was released in April this year and users who opt-in to see ads on its browser get 70% of the revenue from these units. Eich estimates that users can earn around $5 a month in BAT. Currently, the ads are showing up or users in select countries - including the UK, US, Germany, and Canada - although a worldwide rollout is set to come in the future.

The Basic Attention Token was designed by Brave as a conduit for blockchain browser-based advertising and can be exchanged between publishers, advertisers and users and is transacted on the Ethereum blockchain.

Tokens users earn can be stored or shared with other websites depending on the attention they give them. It's currently impossible to wthdraw earned BAT from the browser's built-in wallet, although such a feature is also set to be added.

Steemit Moves to Limit Justin Sun’s Influence after Its Acquisition

Justin Sun, the founder of TRON, has announced he was going to acquire Steemit earlier this month, and shortly after those currently running the Steem blockchain executed a soft fork to limit his voting influence.

In a blog post describing the move, Steem’s witnesses [similar to bitcoin miners or EOS block producers] detailed that while it’s exciting to see a well-resourced entity get involved with Steemit, the witnesses are now moving to ensure the security of the Steem blockchain. The blog post reads:

To this end, we have updated to a temporary protective protocol to maintain the status quo currently established in regards to Steemit Inc's stake and its intended usage.

Steem is a delegated proof-of-stake (DPoS) blockchain, similar to EOS, in which a small number of entities – the witnesses – work to protect the blockchain and represent the community. The soft fork was deemed necessary because Steemit owns a large amount of STEEM tokens that could be used to take over the blockchain.

Given Justin Sun’s move to acquire Steemit, it’s believed he now owns those tokens and could use them to move Steemit in a specific direction. The soft fork blocks STEEM held by specific accounts from voting on who governs the network and from participating in ways that could see it seize control.

While the tokens have always been there, when co-founder Ned Scott ran the platform the community was comfortable with his approach to governance. Justin Sun has responded to the soft fork with an open letter to the Steemit community, in which he explains some of his potential plans for the Steemit platform itself.

The post reads:

We have so much to work to do to make Steemit.com the power that it really can be. And there are many ways we can get it there, from bridging TRX, TRC10’s and TRC20’s into Communities to marketing and growing Steemit.com. From invitations and referrals to simpler and instant signups.

Sun added his plans would also include listing STEEM on other major cryptocurrency exchanges and attracting large influencers to the platform, which is a mix of Reddit and Medium. He added he is organizing a summit called STEEMit 2.0 Town Hall, where he’s inviting the top 50 witnesses to participate.

It’s worth noting the Steem blockchain has several decentralized applications built on top of it, with Steemit being the most influential one.

Featured image by Ludovic Charlet on Unsplash.