Ethereum Wallet to be Implement in Opera Android

Developers believe that Opera will be first big browser for Web 3.0
11 July 2018   1006

Opera Software has built an Ethereum wallet in the latest version of the web browser Opera for Android. Beta testing is scheduled for July 11th.

The developers reported that Opera Crypto Wallet does not need an extension or a separate application for cryptocurrency operations, and the built-in security mechanisms on the Android system do not require the creation of new PIN codes and passwords when signing transactions. It is also stated that the wallet keys are stored only on the user's phone.

Opera Crypto supports a set of libraries API Ethereum Web3, which allows developers of decentralized applications (dapps) to interact with local or remote nodes of the network Ethereum.

Thanks to integration with Coinbase, users can pay for goods in the Opera Crypto Store from crypto wallet. Currently, the application supports Ethereum, as well as the standards of ERC-20 and ERC-721 tokens. 

The new version of the Opera browser, currently available in a private beta on Android, combines easy-to-use crypto wallet functionality with support for Ethereum decentralized apps, or Dapps. This means users can now interact with Web 3.0 using our popular and fully-featured Opera mobile browser. It also makes Opera the first major browser to introduce a built-in crypto wallet. Needless to say, we are pretty excited about this.
 

Charles Hamel

Opera

In the official blog, the developers of Opera said that the company has always been a supporter of Progressive Web (PWA) applications.

By allowing PWAs to use the Opera Crypto Wallet, we are now taking PWA support to the next level. This means that Dapp developers can now create native-like Dapps without having to embed a wallet on their own or relying on an external wallet app. Dapps can now be first class citizens on mobile!
 

Charles Hamel

Opera

In January, developers of Opera added protection from the miners to the mobile version of the popular web browser.

We Need 100k Transactions\Sec, - Buterin

During the conversation with the head of Abra Vitalik noted that the developers are focused on several main issues - scalability, privacy and ease of use
21 March 2019   116

The founder of Ethereum, Vitaly Buterin, expressed the opinion that for the network of the second most capitalized cryptocurrency, it is vital in the long run to achieve a throughput of 100 thousand transactions per second. It is reported by The Daily Hodl.

During the conversation with the head of Abra, Bill Barkhidt, Vitalik noted that the developers are focused on several main issues - scalability, privacy and ease of use.

As far as the big problems, my top three at this point are probably scalability, privacy and usability. So scalability – the Ethereum blockchain right now can process 15 transactions per second. Really, we need 100,000.
 

Vitalik Buterin

Creator, Ethereum 

According to him, in the context of solving the problem of scaling, the Ethereum team has high hopes for sharding.

There are two major kinds of strategies that we’re working on for scalability. One is layer-one scaling and the other is layer-two scaling. Layer-one scaling basically means improving the blockchain protocol itself to process a larger set of transactions. And the main bottleneck with blockchains right now is basically every user has to download the whole blockchain. Which basically means the blockchain can’t hold more transactions than one guy’s computer can store.

And our solution to this, called sharding, basically means that you split up the different transactions to randomly selected, different groups of computers. And this basically means that the blockchain can process way more things than one single computer can hold. And that can increase scalability by maybe a factor of 1,000 or so, but then potentially even more, much later down the road
 

Vitalik Buterin

Creator, Ethereum 

According to Vitalik, Ethereum developers also continue active work on second-level scaling solutions.

So there’s two major classes of systems we’re working on in this regard. One is called state channels. And there’s a bunch of teams working on this. There’s a team called L4 in Toronto that’s done some really good work. And another project is Plasma. And there’s a lot of work that’s been done on that. OmiseGo is this decentralized exchange that’s building on plasma. There’s TheMatter. There’s more and more of these projects. And then, there’s one of our researchers, Karl Floersch, who has been working on implementation of a reasonably complete Plasma prime specification, which is the latest version of Plasma – which has some really cool features in terms of increasing scalability and reducing the amount of data you have to store.
 

Vitalik Buterin

Creator, Ethereum 

Discussing the problem of scaling, Buterin mentioned Bitcoin. According to him, developers should achieve a significant increase bandwidth of Ethereum network. Otherwise, the second cryptocurrency capitalization will not be actively involved in everyday transactions and a significant market share will remain behind BTC.

If Bitcoin wishes to just be a store of value, then realistically it’s probably fine, though I think they should switch to proof-of-stake. If they want to actually be a currency that people use for transactions, then I do think base-layer scaling, and also speeding up the blockchain and reducing block times at the base layer, is also something which is very important.
 

Vitalik Buterin

Creator, Ethereum 

On the last day of winter hardfork Constantinople hardfork took place on the Ethereum network.