Brave Browser Adds Native SegWit Bitcoin Wallet Support in Latest Update
Brave, the privacy-focused web browser with over 60 million users, has announced a major update to its desktop version (1.63) that includes support for Native SegWit Bitcoin wallets within its built-in Brave Wallet. This update allows users to send and receive Bitcoin from all types of addresses, including Legacy, Nested SegWit, Native SegWit, and Taproot, ensuring compatibility with third-party wallets.
The timing of this update coincides with the increasing institutional adoption of Bitcoin, especially with the recent approval of several Bitcoin ETFs in the United States. Bitcoin is evolving beyond just peer-to-peer payments and is now being recognized as a store of value, as well as a foundation for innovation in areas like NFTs and DeFi.
James Mudgett, VP Web3 Products at Brave, stated, “Our aim with Brave Wallet is to offer the most secure and privacy-considerate software wallet for everyday use. 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.”
In the future, Brave plans to introduce more features to enhance privacy within Brave Wallet. The company also intends to enable users to store BRC-20 tokens and Ordinals within Brave Wallet, with these features expected to be available across all desktop and mobile versions of the browser later this year.
With this latest update, Brave continues to prioritize user privacy and security while staying at the forefront of the evolving cryptocurrency landscape. Users can access the new Bitcoin features by updating to the latest version of Brave (v1.63) and navigating to the “Accounts” section of Brave Wallet.
