The upgrade, which the Oslo-based business has deemed “one of the most significant changes since its origin,” comes ahead of Ethereum’s planned switch from the proof-of-work (PoW) consensus process to a less energy-intensive proof-of-stake (PoS) model later this week.
The upcoming merge, which will change Ethereum from proof-of-work to proof-of-stake, is the most significant technological advancement in the history of cryptocurrencies, according to Susie Batt, Crypto Ecosystem Lead at Opera. This will make Ethereum more scalable, secure, sustainable, and ready to be used by the general public.
Opera Crypto Browser is the only browser, in Batt’s opinion, that is “really ready for this transformation” and that “offers web users all the capabilities they need to test Web3 in a safe environment.”
The Opera Crypto Browser is a standalone browser that was launched in January of this year in addition to the company’s normal Web2 browser. It contains a feature called Crypto Corner that allows users access to the latest market data, prices, critical indicators like gas costs and market mood, instructional resources, and an events calendar, in addition to having built-in support for dApps and a non-custodial cryptocurrency wallet.
The mobile Opera Crypto Browser currently supports the following blockchains and tokens: Bitcoin, Ethereum, Polygon, BNB Chain, Celo, FIO, Near, and Nervos. The native integrations of Polygon, BNB Chain, Ethereum, and Bitcoin are available to desktop version users.
As many blockchains and tokens as possible must be integrated into Opera in order for it to accommodate as many cryptocurrency users as possible; this list will continue to grow over the next weeks. Opera Senior Product Manager Danny Yao was cited.
Thanks to the integration of third-party wallets through a feature called Wallet Selector, users can now select any wallet extension from the Google Chrome or Opera store in addition to the browser’s default non-custodial wallet to interact with a particular dApp or website.
By keeping track of users’ preferences for various websites, the new Wallet Selector automates the connecting procedure by acting as an aggregate of numerous wallet extensions.
Users can easily move between several wallets using the browser’s built-in picker, but it is not aware of the private keys or passwords used by third-party extensions. Yao claims that this indicates there are no additional security vulnerabilities associated with the Opera Crypto Browser itself.
The most recent version of the Opera Crypto Browser also includes support for human-readable wallet and domain handles provided by services like Yat, the pioneer of global emoji usernames, FIO, and Ethereum Name Service (ENS).
Additionally, the initiative worked with DappRadar, a well-known tool that enables users to track, check out, and locate dApps. Users of the Opera Crypto Browser may now access more than 11,000 dApps over 48 protocols and a range of genres, including NFTs, gaming, and DeFi.
“The integration of DappRadar’s rich and trustworthy data into Opera’s Crypto Browser delivers a substantial advance for Web3 users, delivering them a seamless solution that is understandable and useful for both mobile and desktop users alike,” claims Yao.