Brave, a privacy-focused web browser with over 60 million users, has released an update to its desktop version (1.63) that brings support for Native SegWit Bitcoin wallets within the built-in Brave wallet. Additionally, Brave Wallet now allows users to send and receive from all types of Bitcoin addresses, including Legacy, Nested SegWit, Native SegWit, and Taproot, ensuring compatibility with third-party wallets.
#Bitcoin Now available in Brave Wallet on desktop!
Just make sure you're using the latest version of Brave (v1.63) and you'll see the option in the Accounts section of Brave Wallet.
Details are in today's blog post 👉 https://t.co/bSM1UFzu0p pic.twitter.com/3blrfIKSlV
– Brave Program (@brave) February 27, 2024
The move comes amid growing institutional adoption of Bitcoin, particularly following the recent approval of several Bitcoin exchange-traded funds in the United States. Bitcoin, which continues to assert itself as a resilient asset class, is expanding its use cases beyond peer-to-peer payments to include store-of-value functions and serve as a foundation for innovation in areas like NFTs and DeFi, Brave said in the announcement.
“Our goal with Brave Wallet is to provide the most secure, privacy-conscious software wallet for everyday use,” said James Mudgett, Vice President of Web3 Products at Brave. “As the Bitcoin ecosystem expands with new apps and services, Brave Wallet will be there to put security and privacy first, to help keep users’ assets safe.”
Looking to the future, Brave says it plans to introduce more privacy-enhancing features within Brave Wallet. Furthermore, the company intends to enable users to store BRC-20 tokens and Ordinals within Brave Wallet, and these features are expected to be available across all desktop and mobile versions of the browser later this year.
