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Brave (BAT) Apologizes For 'Error', Disables Hidden Redirects to Referral Partners

News
Tue, 06/09/2020 - 11:07
Vladislav Sopov
The team from the privacy-focused decentralized browser Brave posted an apology amidst a scandal with hidden affiliate links. Will users be satisfied?
Brave (BAT) Apologizes For 'Error', Disables Hidden Redirects to Referral Partners
Cover image via stock.adobe.com
Contents

Brave, the decentralized browser that positioned itself as being focused on user privacy, is involved in a scandal. One user unveiled that those who searched for top-level cryptocurrency services (i.e. Binance, Ledger, etc.) actually visited these web-sites through Brave affiliate links. The browser team has come up with a statement to clear things up.

No more referral codes in suggestions

According to the official statement from the project team, the error arose from adding affiliate code to the default completion (the second suggestion in the drop-down) i.e. to the second suggestion of the search results. Users are highly likely to click on these suggestions.

Brave added referral code to the first result of search
Image by Brave

Also, for Binance.us, a branch of the world-leading crypto exchange ecosystem Binance, the referral code was added to the first suggestion in the drop-down.

The brave team apologized to users for using the wrong logic in alternative completions suggestions.

The team informed that this issue has already been fixed in the Brave open-source code on Github as well as in all of its releases including the new Stable desktop release v1.9.80. Literally, the “Show Brave suggested sites in autocomplete suggestions” toolbar is now set to 'off' by default.

New competitor rises

The Brave team emphasizes that this situation didn't pose a threat to user privacy as no data about their identity were sent to the partners. It is only Brave, itself, that was identified by partner mechanisms.

Nevertheless, this issue has already resulted in the emergence of the Braver Browser, an open-source ad-free fork of Brave. It will eventually eliminate all integration with the BAT token and all advertising.

The project will be funded by donations and won't imply any 'business-related features'. According to its devs, it will be just 'a nice open-source privacy-first browser'

In three days, the new project managed to attract 84 contributors on GitHub and 460 followers on Twitter.

About the author

Blockchain Analyst & Writer with scientific background. 5+ years in IT-analytics, 2+ years in blockchain.

Worked in independent analysis (Crypto Briefing) as well as in start-ups (Swap.online, Monoreto, Attic Lab etc.)

Ethereum (ETH) Market Cap May Become Equal to Bitcoin's (BTC): ConsenSys Director

News
Mon, 07/13/2020 - 14:38
Vladislav Sopov
John Lilic, managing director at ConsenSys decentralized development studio, has shared an over-bullish prediction for Ethereum (ETH) progress
Ethereum (ETH) Market Cap May Become Equal to Bitcoin's (BTC): ConsenSys Director
Cover image via stock.adobe.com
Contents

John Lilic leads international business development in the ConsenSys leading blockchain development studio. He is also an expert in energy markets and cryptocurrency segments. He tracked the progress of Bitcoin's (BTC) and Ethereum's (ETH) market capitalization statistics, coming up with an extravagant prediction.

Bitcoin (BTC) should get ready for parity

Mr. Lilic outlined that Ethereum (ETH) is showcasing much healthier dynamics than its competitor is. For instance, the flagship cryptocurrency still surpasses Ethereum (ETH) by 6.3x in terms of market capitalization, while simultaneously collecting 20% fewer fees than Ethereum (ETH).

John Lilic of ConSensys foresees parity of Bitcoin (BTC) and Ethereum (ETH) market capitalizations
Image via Twitter

Also, Ethereum (ETH) is demonstrating much more impressive price dynamics this year. It gained almost 37% against Bitcoin (BTC) in 2020. That said, Ethereum (ETH) looks severely undervalued to the top manager of ConsenSys.

However, Ether is on the path to eliminating this discrepancy. Eventually, the top two cryptocurrencies may reach market capitalization parity, concludes Mr. Lilic.

Related Bitcoin (BTC) and Ethereum Have (ETH) Recovered From Black Thursday, Who Else? Coinmetrics Explains
Related
Bitcoin (BTC) and Ethereum Have (ETH) Recovered From Black Thursday, Who Else? Coinmetrics Explains

As covered by U.Today Crypto News recently, Coinmetrics on-chain research team called Bitcoin (BTC) and Ethereum (ETH) the unique crypto behemoths that have managed to recover from Black Thursday.

Bitcoin (BTC) is losing supremacy in "fee race"

Should Ethereum (ETH) overcome its undervaluation, its price may be over $1,550 based on liquid supply and current Bitcoin (BTC) market capitalization.

Recently, it was unveiled that Ethereum (ETH) blockchain continues to surpass Bitcoin (BTC) in terms of network fees for more than 30 days in a row. Ethereum (ETH) is seeing this advantage for the first time in its history.

As U.Today Crypto News reported previously, ex-Messari analyst and angel investor Qiao Wang identifies two main catalysts of Ethereum's (ETH) price run in the mid-term perspective.

Related Ethereum (ETH) Price Two Bullish Signals, According to Investor Qiao Wang
Related
Ethereum (ETH) Price Two Bullish Signals, According to Investor Qiao Wang

According to Wang, the upcoming rally may be fueled by a long-awaited transition to Proof of Stake and fixing the monetary policy of Ether token.

About the author

Blockchain Analyst & Writer with scientific background. 5+ years in IT-analytics, 2+ years in blockchain.

Worked in independent analysis (Crypto Briefing) as well as in start-ups (Swap.online, Monoreto, Attic Lab etc.)