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Dave Miller – Tech Enthusiast & Security Expert – February 6th, 2022
Most free cryptocurrency wallets are browser extensions, and users frequently compare the best solutions, such as Brave Crypto Wallet vs Metamask. People who either wish to contribute to the ecosystem or perceive a commercial potential in producing consumer-friendly apps come up with multiple wallet solutions because the bulk of the open, decentralized blockchain is open-source. Wallets are crucial in both digital and real-world settings, and comparing these two competitors is only for your good in keeping your assets safe.
Quick Answer: The fundamental distinction Brave Wallet is a built-in feature of the Brave Browser, whereas MetaMask is an addon that you must install in your browser.
Continue reading the post; aside from these points, I have plenty of thoughts to assist you in making your selection.
As you may know, a browser-based wallet is an online account with a third-party service where cryptocurrency can get held. It’s a great way to get started in the crypto realm, but it’s not without danger. There’s nothing intrinsically wrong with browser extensions, and there’s also nothing wrong with your browser since Google Chrome has won good accolades for security since its launch more than a decade ago, and it’s only as safe as the user makes it. The danger of employing extension-based services is that malicious extensions might insert their plausible login processes, allowing them to get over the Chrome Web Store’s automatic safeguards and empty high-value wallet holdings. Therefore selecting between Brave crypto wallet vs Metamask is crucial to keeping your money safe
Consensys created the Metamask digital wallet to make using Ether and ERC-20-based tokens easier in the realm of dApps. It also gives users access to networks like Binance Smart Chain and other testnets and moves between mainnet networks. It was once only accessible as a browser extension, requiring the use of a Chromium-based web browser. If specific consumers do not want to utilize the extension, the company now offers a mobile app. Metamask now has over 21 million users all around the world.
Brave, the browser that pioneered the Brave Attention Token as a method to pay you for your attention, has announced that its web browser now features a native cryptocurrency wallet that allows users to store, manage, swap, and send digital coins such as Bitcoin and Ethereum. Bold claims to offer the best internet privacy and 3x quicker protection from Google and other big tech companies. It drew many users globally, surpassing 50 million, thanks to the lack of intrusive adverts and trackers and no malicious extension concerns
Installing Metamask is simple. Go to their official website, which will direct you to the official extension store of the browser you’re attempting to install your extension on. To get started, you’ll get asked to establish a password for your digital wallet and then a secret seed phrase. Metamask app is available on both iOS and Android can get downloaded through particular apps.
Because the Brave Crypto Wallet is accessible through the Brave browser, you may download it from their website and install it, giving you access to the wallet the same way as Metamask is accessible through the browser. The brave wallet is now available in beta for the Brave mobile app, allowing early adopters and testers to store, manage, grow, and trade their cryptocurrency holdings
Metamask allows users to maintain their accounts and keys in several methods, including hardware wallets, while keeping them separate from the site’s environment. You get given your 12-word Secret Recovery Phrase when you establish a Metamask wallet, and it does not own any of your personal or private data on their servers. It’s encrypted and can only get decrypted with your password, but brute-forcing most passwords is significantly easier than brute-forcing 64-character private keys. The only issue with Metamask wallets is that they may get hacked via phishing and malware assaults rather than direct hacks. The user’s responsibility is to make it as safe as possible by following best security practices.
Brave protects your information by fighting malware and preventing tracking, and they never view or record your browsing data as a result. With a crypto wallet incorporated right into the browser and no other addons, phishing attempts are less likely. It allows you to install various extensions and customize them to work with Brave’s privacy and security features. Furthermore, Brave Sync, which is presently in beta, may be used to encrypt and synchronize your browser preferences.
Note: No matter which option you choose between Brave crypto wallet vs Metamask, there is no such thing as overprotection; always learn how to better secure your tokens by asking questions in the community, reading informational resources, or participating in discussion forums.
To read Ethereum data and publish transactions to the blockchain, MetaMask uses the Infura service. Because Metamask is a browser plugin, it uses your CPU to do tasks for you. Many people have complained about excessive CPU utilization, and Metamask has commented that they are working on upgrades to enhance speed. If you use Chrome, you already have a ram-hungry browser on your computer.
Brave’s team refers to itself as “privacy-focused, performance-oriented web pioneers” since the Brave browser does not require any additional processes to function, resulting in reduced CPU and memory usage on your device and overall improved performance. Advertising, trackers, and other content take more time and data to download, take up more memory, and use more CPU time and power to process, whereas Brave wallet is simply minimal and requires less CPU power.
Both Brave crypto wallet and Metamask advise users to utilize hardware wallets to safeguard themselves better since hackers are constantly seeking new vulnerabilities in the system. No software can be flawless in any manner, so users should take extra precautions. The good news is that both of these wallets support Ledger and Trezor, two well-known crypto hard wallets.
An open license, often known as a free license, is a legal document that permits free information and software to existing. The phrase “open source software” refers to publicly available source code programs with unrestricted rights to edit and distribute it.
The MIT license, an open-source variation of the permissive BSD family, was initially utilized by MetaMask. The new MetaMask permit, on the other hand, restricts commercial usage of the project’s source code.
On the other hand, Brave’s team operated within the parameters of MetaMask’s open source license, giving their consumers a better experience and making it more straightforward for individuals to join the Ethereum ecosystem. Brave thinks that the crypto ecosystem should not be open-source but accessible through open-source tools and wallets.
Metamask provides online help with the hashtag @MetaMaskSupport on Twitter. They also recommend reading the articles on support.metamask.io or searching the Ethereum Community on Ethereum.org.
On the other hand, Brave wallet only responds to messages sent to support+publishers@basicattentiontoken.org during business hours. Because their customer service team is limited, it may take some time for them to respond to your inquiry.
Both have exciting features, full-proof encryption, and comparable perks. It is up to the user to choose which one suits them best and is simple. Many individuals accidentally fall victim to phony Metamask extensions or are duped into downloading them, which puts their valuable crypto in danger.
With Brave wallet, you’re unlikely to fall victim to a phishing scam, but you’ll have to use a different browser than your usual Chrome. If you can stay up with security practices, Meamask is the way to go, and if you’re brave enough to go the additional mile for a safe browser, Brave crypto wallet is the way to go.
The ultimate aim is to protect your cryptocurrency funds; therefore, if you’re weighing your options between these two wallets, I can assure you that you’re serious about cryptocurrency, so don’t stop now. Use both and choose the one that makes you feel most at ease. There are still significant challenges in the crypto realm, limiting who may participate and providing enough opportunity for fraudsters. Consequently, the most efficient strategy to keep your Funds secure is to get the wallet with the best features and excess security.
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Dave Miller is an IT Consultant for Online Cloud Security and has over 7 years of experience in the Information Technology space. He also specializes in repairing laptops & computers. In his spare time, he loves to talk about new technologies and hosts monthly IT and Cyber Security meetings in the Houston area.
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Online Cloud Security is here to recommend you the most secure devices, from laptops to smartphones, we only want to provide you with products that we have tested and used ourselves for online security. Every product that we recommend is heavily inspected and tested for security against hackers, viruses, malware, and any other intruders that may want to steal your information.
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