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Washington Post Adds Support for Brave Browser, Basic Attention Token

Washington post adds support for brave browser, basic attention token

Washington Post Adds Support for Brave Browser, Basic Attention Token

Washington post adds support for brave browser, basic attention token

The Brave browser and its Basic Attention Token (BAT) just added another verified mainstream publisher to its list of partners.

According to original posts on Reddit, the Washington Post recently integrated with Brave to accept contributions in BAT on its website. As such, the Post’s readers can now donate BAT to the publication via the Brave platform.

Users trumpeted the news as a major adoption milestone and with good reason. Owned by Amazon, the Washington Post is one of the largest media outlets in the United States, and this is just the latest publisher to adopt Basic Attention’s model in recent months. Other mainstream publishers that Brave and BAT have on board include Vice and the Guardian (U.K.).

The Washington Post, Vice and the Guardian are all impressive bedfellows, but the Brave browser gets around with more than just media outlets. Popular YouTube channels, such as PewDiePie, Casey Neistat and Philip DeFranco started accepting BAT back in November of 2017, and, this February, the project announced that popular streaming service Twitch.tv also adopted the payment system.

Founded by Mozilla Firefox creator Brendan Eich, Brave offers a cryptocurrency payment solution for the digital advertising space. Eich created Brave to fix the problems that plague digital advertising, such as bot views, inequitable share of advertising revenue and fraud. Brave attempts to streamline the process by connecting advertisers and publishers directly, cutting out middlemen and third party partners.

As the first working iteration of BAT’s model, the Brave browser works with publishers and users to deliver a less intrusive and more equitable advertising model. With Brave, users can hide ads from any website they visit on the browser. However, they can also disable this ad-blocking feature and earn a portion of advertising revenue for every ad they interact with. Users can then spend these tokens for services, promotions and the like on participating sites, or they can donate them directly to publishers they especially appreciate if they’re feeling generous.

The platform also anonymously gauges user attention to ensure that publishers get no more or no less than their allotted share of ad revenue. Additionally, it keeps tabs on what ads consumers favor so that advertisers can know which products they should direct at which audiences. Thus, Basic Attention Tokens monetize user engagement so as to reward consumers for their attention; cut publishers a fairer piece of the advert pie; and give advertisers more reliable data on user interests.

Currently, only the Brave Browser supports BAT, but the team has it in its sights to expand the token to other browsers in the future. If the project can onboard more browsers, BAT may become more attractive to online publishers as its proof of concept morphs into adoption.

Image attribution: By Michael Fleischhacker – Own work, Public Domain.

Published at Wed, 14 Mar 2018 20:58:41 +0000

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Why The Bitcoin Miners Are Destined To Lose The Hard Fork Wars

Excuse me for indulging myself, but there are many points of view towards what may be an impending hard fork for bitcoin. This may come across as a loosely coherent ramble, but at least it is short and sweet. There is enough here to put it on wax, so here’s what I see, in the big picture.


This is in response to the Medium post created by Peter Rizun yesterday, outlining how this hard fork may play out, and essentially showing a way BTU wins, in the long run. (Roger Ver tweeted his support for this post, so I read it and posted most of these thoughts in the comments section, and here we are.)

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In my humble opinion, the problem I see coming is if BCU breaks off, it will become an altcoin, as has been established by the bitcoin exchange establishment. These miners can mine all the blocks they want, if the greater community doesn’t trust their developers, doesn’t want an altcoin, and isn’t buying BCU, it is irrelevant by design.

The market will decide who wins, and anybody who is not a miner wants to stick with Core and their chain. The miners are one thing, the market is something else. The miners might win a battle, but they would lose that war. They should keep that in mind.

Without those miners, BTC would definitely take a hit, but the Core developers could then quickly move to a 2MB upgrade and get SegWit and The Lightning Network approved, creating greater bitcoin functionality, from a trusted group of developers, and an incredible upside in off-chain scalability that an on-chain approach would be hard pressed to match. All without the centralization and control of the miners.

segwit-logo

Users will follow anyone who is going to implement SegWit. The market is sold on this concept as a boon to bitcoin functionality. BTU has not done a very good sales job at all regarding their position. Scaling away from miners will hurt mining, but it will let bitcoin reach its full potential.

BTU needs to sell their mined Bitcoins to a market. I’m not seeing much of a market for BTU, outside of the miners and BTU investors, themselves. The miners do not control bitcoin, and even Core does not control bitcoin. Maybe, just maybe, The People control bitcoin’s future growth? Anyone who thinks the market doesn’t have a handle on who each side is looking out for here is fooling themselves.

Just seeing how the community is responding, keeping my ear to the ground, the greater community will not follow the miners, who are primarily looking to turn a digital buck in bitcoin. They will follow Core, who is looking after the greater good. Miners will lose that tug of war.

Bitcoin miners vs Bitcoin core

It has become clear that BTU developers cannot replace BTC developers, as the recent bugs have shown the world, but BTC miners can be replaced. There are plenty of people around the world who want that job, and can do it just as well.

This power struggle is really temporary in nature. People will not follow miners looking for profit first, and who want to hijack the entire system, from now on, in order to get it. That is not leadership.

At the end of the day, The People will decide to back Core. The only question is when will the dissenting miners, clouded by visions of endless bitcoin profiteering, figure this fact out?

If the miners didn’t get the memo, that the vast majority of the market will stick with Core and not dump BTC for any BTU altcoin, use this. Like bitcoin itself, it’s far from perfect, but it’ll do just fine.

How do you think a hard fork would play out? Should there be an increase in block size? Let us know what you think below!


Images courtesy of bitcoin Core, AdobeStock

The post Why The Bitcoin Miners Are Destined To Lose The Hard Fork Wars appeared first on Bitcoinist.com.