A Built-in Cryptocurrency Wallet To Be Launched By Opera Browser

A Built-in Cryptocurrency Wallet To Be Launched By Opera Browser

According to a press release statement by Opera, given on August 8, the company is planning to launch a new version of its desktop web browser which will have a built-in option with cryptocurrency wallet functionality. Opera has always shown some strong interest in cryptocurrency and has also received a positive response from the crypto community, as far as the previously developed mobile wallet is concerned. The desktop version of the same will get enabled by connecting the mobile wallet to the same with the help of scanning a QR code.

A Built-in Cryptocurrency Wallet To Be Launched By Opera Browser

Opera has been using the same process to link its mobile apps to desktop versions for several years now. One such example is the WhatsApp web service which is enabled on the desktop with the help of a similar functionality using a QR code.

Using a connected desktop-mobile system has its own benefits. This can enable the users to sign the transactions with the help of their fingerprints, rather than the passwords, as the mobile’s secure system lock comes into play. This is not only efficient but also relatively more secure, in case of the transactions.

The mobile wallet developed by the company is actually user-controlled, which means that the keys, instead of being stored on a centralized server, are stored on the phone only. The desktop client will support the digital collectibles as well as the tokens, with the mobile app. The mobile and desktop wallets of Opera are also equipped with the anti-crypto jacking software, as of January.

The company launched its mobile wallet earlier this year, as a part of the beta version of the application which is available for people using smartphones running on the Android operating system. The wallet which was launched in July was the first step on this path and a few more steps are expected to be taken from the company’s side in the near future.

In 2018, Opera, a Norwegian web browser, announced it would introduce an integrated cryptocurrency wallet. The wallet would be integrated into the Opera web browser, enabling users to store, transmit, and receive cryptocurrencies.

Officially released in 2019, the Opera Crypto Wallet supports Ethereum (ETH), ERC-20 tokens, and ERC-721 tokens. In addition to Bitcoin, EVM-compatible chains, and Layer 2 solutions, the wallet supports multiple blockchains.

The Opera Crypto Wallet is a non-custodial wallet, so users retain complete control over their private keys. This means that users are liable for the safety of their own funds, but it also grants them greater control over their assets.

The Opera Crypto Wallet is a secure and user-friendly wallet that makes getting started with cryptocurrencies simple. The wallet is accessible on desktop and mobile platforms.

Here are some of the Cryptocurrency Wallet by Opera Browsers features:

  • Users retain complete control over their private credentials.
  • Multiple blockchains supported: The wallet is compatible with Bitcoin, Ethereum, and other EVM-compatible protocols.
  • The wallet is simple to set up and utilize.
  • The wallet employs industry-standard security measures to safeguard user funds.
  • The Opera Crypto Wallet is a good option if you’re searching for a secure and user-friendly cryptocurrency wallet.
  • Multiple blockchains are supported by the wallet, which is compatible with both desktop and mobile devices.

Opera is renowned for being one of the first major web browsers to immediately integrate a cryptocurrency wallet. This feature enables users to manage their digital assets, interact with decentralized applications (DApps), and transact with cryptocurrencies directly from their browsers.

Opera’s native cryptocurrency wallet supports multiple blockchain networks, such as Ethereum and its associated tokens. It enables users to store their private keys securely and access their cryptocurrency holdings without the need for third-party extensions or distinct wallet applications.

It’s important to note that technological and product advancements can occur quickly, so there may have been updates or modifications to Cryptocurrency Wallet by Opera Browser since my last check. For the most accurate and up-to-date information on Opera’s features, I suggest visiting the browser’s official website or reading the most recent news articles.

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