The latest update to Brave Browser (version 1.32) now offers a native wallet for the Ethereum ecosystem.
In a Tuesday press release, the team announced Brave Wallet will allow its 40 million+ users to exchange assets and access decentralized apps (dApps) hosted on Ethereum Layer 2 solutions and other EVM-compatible sidechains like Polygon and xDai.
While most Web3 wallets are offered via extensions, Brave Wallet can be used directly within the browser and bypasses the need to download extensions.
Brave’s built-in wallet will compete with popular Web3 wallets, including MetaMask, Trust Wallet, and Wallet Connect.
In the press release, Brave said a native crypto wallet will be useful in overcoming security and performance issues that are usually associated with browser extensions. Brave claims that Web3 wallets used primarily as browser extensions may be more susceptible to thefts and other attacks.