By leveraging the NEAR Protocol Opera users will be able to enjoy the speed and scale with a much lower gas fee than Ethereum offers. The users will be able to transact NEAR assets directly within the Opera browser.
On Thursday, September 30, internet browser Opera announced its plans to support the open-source platform NEAR. This makes Opera the first browser with Web 3 capabilities and a built-in crypto wallet to support the NEAR Protocol.
The NEAR Protocol is one of the world’s largest emerging blockchains supporting the development of decentralized applications (DApps). This collaboration also creates a win-win situation for both parties involves.
Opera gets access to a whole new audience of blockchain and crypto enthusiasts. Besides, it gives application developers relying on NEAR an increased reach to Opera’s massive user-base. By leveraging the NEAR Protocol Opera users will be able to enjoy the speed and scale with a much lower gas fee than Ethereum.
The users will be able to transact NEAR assets directly within the Opera browser. Besides, they can also leverage NEAR’s permissionless Rainbow Bridge supporting the transfer of ERC20 and ERC712 tokens with Ethereum. commenting on the development, Susie Batt, Lead of Crypto Ecosystem at Opera said:
“Like Opera, NEAR’s easy user flow and reliable technology makes mainstream adoption of crypto frictionless. BTC is blockchain version 1, ETH is version 2, and NEAR is version 3.”
Incorporation of NEAR into Opera: Building Future-Oriented Apps
The NEAR Protocol is another Key Layer 1 blockchain protocol to be incorporated into the Opera browser. This further expands Opera’s non-custodial wallet capabilities to become truly multi-chain.
Thus, offering the support for NEAR protocol to its wallet brings another step to the development of future-oriented applications. these applications will be able to talk to as many blockchains as possible.
Furthermore, integrating NEAR protocol to Opera’s native crypto wallet allows users to easily send and receive NEAR tokens via a seamless interface without the need for any third-party browser extensions or separate wallet applications. Illia Polosukhin, Co-founder of NEAR Protocol said:
“I’m excited about the mass market reach of Opera meeting NEAR’s rapidly expanding ecosystem of easy-to-use applications. NEAR is the first blockchain that’s ready for mainstream adoption. It’s important to continuously lower the barrier to adoption of the Open Web, and this is a significant step in that direction.”
Opera and NEAR Protocol are working with a common dream to make crypto easy to use, accessible, and easier to build on. The NEAR Protocol will be available on Opera’s browser for Android in near future.
Bhushan is a FinTech enthusiast and holds a good flair in understanding financial markets. His interest in economics and finance draw his attention towards the new emerging Blockchain Technology and Cryptocurrency markets. He is continuously in a learning process and keeps himself motivated by sharing his acquired knowledge. In free time he reads thriller fictions novels and sometimes explore his culinary skills.
