Opera’s support of an Ethereum wallet was a remarkable move in the fast-growing cryptocurrency industry. It announced this on July 11, 2018.
Opera’s Cryptocurrency Push
reported the Next Web . The wallet offers users an intuitive interface that supports Ethereum’s Web3 Application Programming Interface. Although this feature is in beta stage, the company appears to be inviting users quickly to update.
Psst Opera Android now includes a crypto wallet. You can transact securely with crypto right within your browser and also explore Web 3.0. Learn more: https://t.co/nVnp3s1tMA pic.twitter.com/DYGHTvGDiR
— Opera (@opera), July 11, 2018
This allows users of cryptocurrency to purchase goods and services directly from their web browsers, completely eliminating the need for third-party wallets.
Furthermore, developers now have the ability to develop interactive platforms which connect the internet, cryptocurrency, and blockchain.
Opera Crypto’s new product is called “Opera Crypto” and users of test browsers can click on the “O O ” icon to access it. Charles Hamel, product manager for Opera Crypto, said.
Crypto Wallet makes it easy to pay with digital money. The goal is to make it easier for cryptocurrencies not only to be used as an investment but also to pay real money in daily transactions.
According to media reports, it aims to reduce the barrier of entry to Web 3.0 by users and to provide the necessary tools for people to explore the worlds dApps/cryptocurrencies.
Opera seems to quickly be accepting cryptocurrencies. In their Opera 50 update in January 2018, installed as a firewall against unauthorized cryptocurrency miners. As soon as the user activated “block ads”, mining-blocker started to work.
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This launch will signal a shift away from cryptocurrency wallets online and browser extensions that have shown their vulnerability in a number of instances.
The hackers took out MyEtherWallet in April 2018 (MEW), an online browser wallet. The hackers broke into the internet’s Border Gateway Protocol(BGP) and Domain Name Service, (DNS), to take advantage of a weakness in the popular Ethereum wallet. Users began to complain they lost their money after they ignored a security warning. In just a ten seconds, hackers were able steal $150,000 of ETH.
MEW was also compromised in a recent incident. The Hola Chrome extension, was reportedly was taken over by Russian hackers to steal funds.
Opera , a company that offers digital asset purchases for the first-time, has strict security protocols.
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