Blockchain

Brave founder Brendan Eich hosts huge AMA on Reddit

Brendan Eich is a renowned American technologist and programmer, best known for his creation of the ubiquitous JavaScript programming language and co-founding Mozilla – the open-source community behind the Firefox browser.

Eich’s most recent brainchild is the Brave Browser, an open-source web browser based on Chromium which automatically blocks adverts and web-tracking.

If Brave users choose to view adverts, they are rewarded in BAT tokens, an Ethereum-based ERC-20 token. These tokens can be used to tip content creators and websites who can then cash out their tips as fiat.

Multiple websites support verified publishers on Brave’s network, including Wikipedia contributors, YouTube video makers, and video streaming platform Twitch.

Many are speculating that Brave’s model for advertisers will revolutionise the online advertising space and democratise rewards for content creators.

To celebrate the release of Brave Browser version 1.0, Eich took to Reddit to host a live AMA (Ask Me Anything) to answer questions from the community.

The live AMA, hosted on r/IAmA, gathered over 33,000 up-votes and 2,500 comments in just 18 hours.

Top questions

Eich took the time to respond to hundreds of community questions, the best of which centered around Brave’s privacy protection technology and revenue model.

One user, highlighting privacy concerns with other browsers, asked: “How can we trust that [our] data from Brave won’t be used in the same way?”

Eich replied:

“Here’s the trick: we don’t *collect* user browsing data in the clear at all. Even if you enable Sync, the data is encrypted with a key only you have. This means we can’t see your data. Our opt-in Brave Rewards system uses blind-signature cryptography to avoid us seeing your ad or contribution events or linking them together to make a fingerprint.”

Eich further stated that if government officials tried to force a backdoor into Brave to snoop on users, he would “shut Brave down”.

Another user questioned Eich about Brave’s ownership structure, asking: “Is Brave a private company? If yes, who owns it?”

In response, without naming any specific investors, Eich explained:

“…investors, especially minority shareholders, are not operators and do not dictate any particular product or business outcome. Our first floor founders/employees have more ownership than VCs do… no one holds a majority or controlling share of ownership – certainly not me.”

Asked what unique features would be implemented into Brave that couldn’t be used in Firefox, Eich replied:

“Innovating quickly. Big orgs cannot do it, the reasons are well-documented in many books and case studies. Also doing anything risky was hard at Mozilla.”

Brave has certainly innovated quickly in a risky market, onboarding over 320,000 publishers and releasing version 1.0 of its browser software this week.

Elliot Hill

Disqus Comments Loading...

Recent Posts

Here is why Bitcoin is still a lucrative investment in 2024

Those who enter the market at this time may be surprised to hear that Bitcoin…

3 days ago

Zircuit Launches ZRC Token: Pioneering the Next Era of Decentralized Finance

George Town, Grand Cayman, 22nd November 2024, Chainwire

3 days ago

The surge of Bitcoin NFTs: Everything you should know about Bitcoin ordinals

From digital art to real-estate assets, NFTs have become a significant attraction for investors who…

1 month ago

MEXC Partners with Aptos to Launch Events Featuring a 1.5 Million USDT Prize Pool

Singapore, Singapore, 21st October 2024, Chainwire

1 month ago