Brave Introduces New Features to Drive Web3 Adoption

    Brave, the renowned browser known for its emphasis on privacy and utilized by millions of users worldwide, has unveiled a fresh set of features aimed at promoting the growth and adoption of the decentralized web. Notably, the integration of NFT (non-fungible token) pinning will be among the newly introduced functionalities.

    Building a Truly Decentralized Web with IPFS
    This latest move builds upon Brave’s ongoing collaboration with Protocol Labs, which began in January 2021 when Brave added support for the InterPlanetary File System (IPFS) on its desktop browser.

    Later in the same year, Brave Wallet integrated with the Filecoin network, a project that streamlines data storage, access, and sharing on the decentralized web. The recently announced features represent another significant step in Brave’s dedication to promoting Web3 solutions.

    NFT Pinning for Enhanced Preservation
    One of the notable features is the automatic backup of Non-Fungible Tokens (NFTs) to IPFS within Brave Wallet. This functionality, introduced in Brave Desktop v1.51, enables the automatic “pinning” of supported NFTs’ metadata on IPFS. Pinning involves permanently storing a file in a specific location on the IPFS network, ensuring its continuous availability.

    Contrary to popular belief, NFT metadata, which includes images and descriptions, is not always entirely stored on blockchains. Instead, NFT collections are often stored on decentralized storage systems like IPFS or even on Web 2.0 servers, which pose risks of data loss and censorship.

    Filecoin Virtual Machine (FVM) Integration
    In addition to NFT backup, Brave has simplified access to the Filecoin Virtual Machine (FVM) by integrating Filecoin EVM (FEVM) into Brave Wallet. FVM brings smart contract capabilities to Filecoin, while FEVM enables Ethereum and Solidity developers to run their contracts on the FVM with minimal adjustments.

    The integration of FEVM streamlines access to Filecoin’s potential. Protocol Labs, the team behind Filecoin, anticipates significant advancements in cross-chain contract calls, facilitating storage processes from other blockchains. This innovation is expected to drive compelling experimentation in decentralized finance, social applications, gaming, and other sectors.

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