Brave Unveils Browser Update with Enhanced Page Loading Speed

Brave Software recently debuted an update to its web browser. The company says the new version of its open source, privacy-centric browser comes with enhanced speed and a revamped Basic Attention Token (BAT) rewards paradigm.


New Update Shows 22 Percent Faster Load Times

In an announcement published on Thursday (October 18, 2018), the company revealed the launch of the new update which is already available for download from the browser’s website. According to the company, the latest update marks a departure from the Muon-based platform to be based on Chromium – a Google open source web browser development platform.

Brave says this move to Chromium is part of the roadmap to the release of the stable Brave 1.0. However, the company still envisages a few versions before Brave 1.0 will be ready for rollout to its users. The new update comes with multiple crash fixes as well as several updates including private search engine, localization updates, and loading PDF files as web pages.

The new update also comes with enhanced speed. According to the announcement, the latest release has load time that is 22 percent faster than the previous version. The company says this increase in load time represents about eight to twelve seconds of faster page loading speeds on certain websites.

New Brave Rewards Paradigm

Apart from faster loading time, the latest Brave browser update comes with a revamped BAT rewards paradigm. According to the announcement:

Brave Rewards replaces Brave Payments with improved usability, more visibility, and new features. With this release, Brave Rewards enters beta. We look forward to getting your feedback on this redesigned approach.

BAT is currently ranked 39th according to market capitalization with a price of $0.24 at the time of writing this article.

Serious About Data Privacy

Recently, Brave took the fight to Google in the UK and Ireland over data privacy issues. Since inception, the company has remained resolute in its mandate of ensuring total internet privacy, championing premium ad-blocking.

As part of the fight against Google and other Internet companies, Brave alleges that they are careless with user data. According to Brave, these companies allow third parties access to sensitive data used to drive targeted ads which are a breach of privacy.

As a testament to the browser’s popularity, it announced that it had reached over 10 million downloads on the Android platform in August 2018. This figure was significant given that in April, total downloads stood at 1.5 million.

What do you think about Brave’s new updated browser with faster load time? Let us know your thoughts in the comment section below.


Image courtesy of Brave, Shutterstock

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Novogratz Addresses Tether’s Shortcomings, Roubini’s Remarks

Mike Novogratz, the founder of Galaxy Digital Holdings and an avid supporter of cryptocurrencies, has said that Tether has nobody but itself to blame for the recent issues they have been facing.


Novogratz Addresses Recent Tether FUD

Bitcoin bull Mike Novogratz believes that Tether (USDT) needs to be more transparent. He was speaking recently at a conference in Frankfurt, and his observations were published in an article on Bloomberg.

The billionaire investor, founder of Galaxy Digital Holdings, and former partner at Goldman Sachs said, “I think Tether didn’t do a great job in terms of creating transparency.” He added that the digital asset will need time to regain the lost trust.

Tether

Tether, a U.S. dollar-backed stablecoin, experienced panic selling earlier Monday based on rumors that many leading exchanges were going to delist the coin. Traders and investors dumped their USDT holdings in favor of Bitcoin and other stable currencies like the Circle-backed USD Coin (USDC) and Gemini USD (GUSD). This led to a 7% drop – from USDT’s Sunday high of $0.995 to a low of $0.925 on Monday.

“The concept of stablecoins make sense,” Novogratz said, adding that stablecoins have more of a transactional character than other cryptocurrencies like Bitcoin. He further mentioned that he would prefer a stable coin like GUSD as it is backed by a U.S.-based bank like State Street to maintain its backup reserves.

Tether earlier had a banking relationship with Noble, a Puerto Rico-based bank, which recently ran out of cash and is likely to be put up for sale. As reported by Live Bitcoin News, Tether is known to have withdrawn its cash reserves from Noble and switched over to Bahamas-based Deltec Bank.

Seeking to clarify some of the statements made in the Bloomberg article, Novogratz later tweeted:

Also Talks About Roubini’s Senate Remarks

Responding to the recent attack on cryptos by economist Nouriel Roubini during a Senate hearing, Novogratz said that the rise in custodian firms will help give the asset class a boost. He added that these firms have the potential to replace credit card companies. Roubini had called digital money, “the mother of all scams and (now busted) bubbles.”

“You can agree with Roubini on several points, but he is judging cryptocurrencies as if it was a PhD student. Cryptocurrencies are third- or fourth-graders, so still in need to mature,” Novogratz said.

Nouriel Roubini

Observing that the bubble last year was the result of speculation by retail investors, he argued that the investments into cryptocurrency infrastructure and custodian services will help the industry mature.

Novogratz, along with Goldman Sachs, earlier this week announced the investment of over $15 million in BitGo’s custody services arm. He also referred to Fidelity setting up a subsidiary for custody of digital assets.

He believes that custodians may also take over a significant part of the business currently done by credit card companies like Mastercard or Visa. “The transaction costs are much cheaper,” he said, adding “The least the proliferation of custodians will do is drive fees much lower.”

With growing competition from USDC and GUSD, which are more open in their operations, Tether needs to bring transparency in its working if it must maintain its current lead in the stablecoin space.

Do you agree with Novogratz that lack of transparency is hurting Tether? Let us know in the comments below.


Images courtesy of Twitter/@novogratz and Shutterstock.

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U.S. Job Market Thrives as Blockchain Companies Continue Hiring Spree

The U.S. job market is undergoing some noteworthy changes. A positive trend has been established over the past few months as the number of unfilled jobs has increased. Emerging technological trends are playing a part as the Bitcoin and blockchain job market is increasing in popularity.


A Booming U.S. Job Market

Several signs indicate whether a nation’s economy is doing well. The number of available job openings is one such key factor. In the United States, that metric is getting a lot of attention. Over 7 million unfilled job openings were present in August of 2018. A healthy job market shows there is still plenty of financial growth ahead for U.S. companies.

The blockchain industry is helping push a boom in the U.S. job market.

One notable contributor is the Bitcoin and blockchain industry. Job market listings pertaining to this industry have increased by 300% compared to the same period in 2017. That is a promising sign. It also confirms the United States should play an increasing role of importance in this growing industry. Just over 1,700 positions were waiting to be filled in August of this year.

These findings come at a crucial time for the cryptocurrency industry. An ongoing Bitcoin price decline for the majority of 2018 has made a lot of people wary of cryptocurrency. Yet many businesses are seeing the potential value of distributed ledger technology. The number of listings on the U.S. job market indicates companies are still in the process of expanding their presence into this particular ecosystem.

Filling the Right Positions

One interesting trend is the growing demand for Bitcoin and blockchain software engineers. A number of companies are eager to hire such candidates, as well as other blockchain positions. As an increasing number of universities around the world are now starting to offer courses pertaining to this topic, that part of the job market will continue to expand. It also shows how difficult it can be for companies to find, much less retain, talented staff during this crucial growth stage.

blockchain

One of the major companies on an active hiring spree is IBM. The technology giant is currently exploring numerous blockchain ventures. ConsenSys, a renowned company in the cryptocurrency industry, is also looking to fill many different positions. It is also worth noting these kinds of jobs are in prime demand. The average pay is over 60% higher compared to the median base pay on the U.S. job market.

Not all companies in this industry are successful, though. A proven track record does not warrant future growth. Exchange providers are going through a rough patch right now. Given the growing competition on the market, that is not entirely surprising. This is a growing pain the blockchain and cryptocurrency industry will have to go through prior to entering the next stage of adoption.

Do you plan on getting a job in the blockchain industry? Let us know in the comments below.


Images courtesy of Shutterstock.

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