Opera launches its Crypto Browser Project just days after the browser's co-founder derided cryptocurrencies as a 'pyramid scheme'
Opera is clearly trying to get ahead of its browser rivals in what it claims is a market that will add $1.5 trillion to the economy by 2030. “Opera’s Crypto Browser Project promises a simpler, faster, more private Web3 experience for users,” said Jorgen Arnesen, EVP Mobile at Opera.
“It simplifies a Web3 user experience that is often bewildering for mainstream users. Opera believes Web3 has to be easy to use for the decentralized web to reach its full potential.”Arnesen’s view is very different to that of Opera co-founder Jon von Tetzchner - now CEO of rival browser Vivaldi - who derided cryptocurrencies as an unethical scam just last week.
“Cryptocurrency has been touted by many as a revolution in currency, the future of investment, and a breakthrough technology,” von Tetzchner wrote on the . “But if you look beyond the hype, you’ll find nothing more than a pyramid scheme posing as currency.” Von Tetzchner lambasted the environmental harm caused by cryptocurrency mining and declared that Vivaldi would have nothing to do with cryptocurrencies. “By creating our own cryptocurrency or supporting cryptocurrency-related features in the browser, we would be helping our users to participate in what is at best a gamble and at worst a scam,” he writes. “It would be unethical, plain and simple.”
Other browser makers are considering their position on crypto. Firefox maker, Mozilla, suspended accepting donations in cryptocurrencies following criticism that it was encouraging environmental harm.
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