Private Blockchain Browser Brave Doubles Monthly Active Users in 2019

Privacy-oriented blockchain web browser Brave has seen its monthly active users (MAU) almost double from 5.5 million in 2018 to 10.4 million in 2019. At the same time, Brave’s daily active users (DAU) have tripled over the past year to reach 3.3 million, the firm announced Dec. 5.

According to the company, the recent growth in MAU follows the release of Brave’s new version, Brave 1.0, on Nov. 13. According to the blog post, Brave expanded its MAU base from 8.7 million in October to over 10 million at the end of November.

12x increase in new publishers

Alongside a spike in active users, Brave also recorded a 12-time increase in verified publishers that are registered to receive Brave’s built-in tokens — Basic Attention Tokens (BAT) — for sharing content.

According to data from BATGrowth — a site that tracks Brave browser adoption — the total number of Brave publishers was 341,880 as of Dec. 6. In contrast, Brave had just 28,000 verified publishers at the beginning of 2019.

Brave continues to grow after launching crypto tipping on social media

A number of reports show that Brave is becoming increasingly popular. Brave reportedly overtook its major competitors like Chrome, Firefox and Opera in Japanese Google Play in September. 

Mozilla co-founder and JavaScript creator Brendan Eich first announced by Brave in 2016. The browser allows users to tip on major social media platforms including Twitter, ad-free video platform Vimeo and social news site Reddit using Brave’s BAT token.

Zcash Donates $40K to Canadian Private Messaging Developer

The Zcash Foundation, the firm behind privacy-centric cryptocurrency Zcash (ZEC), has donated $40,000 to a Canadian private messaging developer. The Open Privacy Research Society, a non-profit group working on Cwtch, a decentralized metadata-resistant messenger, has received 1,044 ZEC from Zcash, the organization announced on Dec. 3.

As described by Open Privacy, Cwtch is a platform for building decentralized infrastructure based on metadata-resistant communication applications. Derived from a Welsh word meaning “a hug that creates a safe space,” Cwtch is an extension of the metadata-resistant protocol Ricochet to support “asynchronous multi-peer group communications via discardable, untrusted, anonymous infrastructure.”

Open Privacy integrates the platform with anonymous payments based on Zcash’s tech

In line with the platform’s anonymity-focused vision, Open Privacy is also working on providing Cwtch users with anonymous payment options. As such, the firm has implemented a prototype system relying on Zcash Foundation’s native crypto wallet, ZecWallet.

In the announcement, Open Privacy wrote that Zcash is one of few cryptocurrencies that directly provide a way to transmit significant data alongside a payment and wouldn’t compromise the metadata resistance goals of Cwtch. However, the Zcash-based prototype doesn’t allow users to spend tokens as it was only written to demonstrate Zcash integration, Open Privacy noted.

Zcash is a major privacy-focused cryptocurrency project

Launched in 2016, Zcash is a major cryptocurrency focused on providing users with private transactions, similar to coins like Monero (XMR).

As reported, Zcash uses a special iteration of zero-knowledge proofs called Zero-Knowledge Succinct Non-Interactive Argument of Knowledge (zk-SNARKs) that allows native transactions to remain fully encrypted while still being verified under the network’s consensus rules. According to Ethereum co-founder Vitalik Buterin, zk-SNARK is an example of the only global anonymity sets that are secure.

In mid-November, an industry expert argued that Bitcoin (BTC) must introduce anonymity features like those provided by Zcash or Monero. Otherwise, Bitcoin will lose its censorship resistance, the expert declared.

At press time, Zcash is ranked the 33rd-largest cryptocurrency, with a market capitalization of $219 million. The coin is down 1.2% over the past 24 hours, trading at $27 at the time of writing, according to Coin360.

Zcash all-time price chart. Source: Coin360

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