If you are reading this article right now, chances are you know what a browser is. Anyone who has ever visited a website or used the Internet to access the world wide web has had interaction with a browser.
A browser is an application you use to surf the internet. A website usually opens through and on the browser you are using. Several browsers are competing at level heads in the market today. Chrome currently has the largest share. Opera and Mozilla Firefox browsers are not far behind.
But there is a new wave of browsing applications taking over with the advent of Web 3—the crypto browsers. Cryptocurrency is all set to become the future of money and, investing and contemporary browsers are making sure they are prepared for that change. If you are involved in crypto, the first question crossing your mind right now would be, should you switch to a crypto browser from an ordinary one? We have got you covered.
Here are all the pros and cons of using a crypto browser and what you can expect from them.
Pros and Cons of Crypto Browsers
Traditional browsers have a lot of issues for crypto investors and dealers. There are massive breaches of user data and privacy all the time, and their business models are based on making a profit off of ratting out the user information.
But browsers based on the crypto model are different. They know the importance of data and privacy for even an ordinary user today. You can largely benefit from switching it to crypto-friendly browsers. Keep reading to know why.
What are crypto browsers and how are they different?
Crypto browsers are those which you can use for decentralized browsing and have a secure experience without worrying about the breach of data or privacy. Users of crypto-supported browsers may even be rewarded for working on blockchains via that specific browser.
For example, one of the newest additions, Brave, is a crypto browser where you can access your DApps. It is built with the features and functionalities of Web 3 in mind. Traditional browsers function around Web 2 and are not decentralized, so they don’t mesh well with blockchain and crypto.
Pros of Crypto Browsers
Browsers that support Web 3 will make handling crypto extremely easy in the following ways.
Built-In VPN for Full Security
Most browsers that connect crypto will have a built-in VPN and make it easy for you to get on board with legit VPN services. Several platforms allow you to trade in crypto via anonymous channels like Binance, but taking your investments on a browser is a more efficient method of trading.
Crypto browsers will have their own VPN to protect your IP address from being displayed on public servers. Your activity will be hidden, and the traffic from your device will be encrypted.
Native Ad Blockers and Web Trackers
Protecting user information and data privacy is a major win for crypto browsers, as people dealing in big investments won’t want to get scammed owing to a breach of data security. These browsers place blockers in front of web trackers so you would not have to deal with cookies and unwanted ads placed all over your browser.
Crypto browsers prevent websites from tracking users, encourage anonymity, and provide a non-intrusive surfing experience.
Improved Speed and Performance
Blocking trackers and ads automatically speeds up the browsers that support Web 3 and crypto. So, the improved speed as compared to ordinary browsers is no surprise. The load is reduced so the browsers function better.
Moreover, in any trading, including crypto, decisions have to be made pretty quickly often, and you don’t want to be stuck with a sub-par, slow, and inefficient browser for trading purposes.
Built-In Wallets
These might not be a necessity, but they certainly are convenient. You can easily keep track of your currency on the browser with the wallet without having to share data with other applications. It makes trading smoother.
Cons of Crypto Browsers
As we currently use browsers, the entire system is based on ads, data, and user information for profit generation. It could all come tumbling down as we move towards decentralized, crypto browsers. Here are the drawbacks we could suffer.
Crypto Browser Ads
Browsers do have to earn money, and so they need a revenue generation source. As the ads are blocked, they have their system of browsers run ads, which can be activated if the user wills. Running these ads provides the user with tokens for different activities. Many crypto browsers have this model.
Less Personalized User Experience
With no trackers and ads, the browser won’t know what to show you. You will not have personalized feeds and recommendations suited to your likes.
Revenue Cut for Content Creators
Many websites run on content, and they earn money by running ads. By blocking ads in crypto browsers, we are cutting off a revenue source even for great content creators and publishers.
Conclusion
Each browser can be significant in its own way, and each user will prefer a different browser depending on what kind of experience they want. Crypto browsers can be great for interested traders, while for others, Chrome with privacy extensions would be just fine too. But you won’t know which one suits you better until you try it.
Which is your favorite crypto browser?
