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Brave founder admits his ‘decentralized’ web platform is ‘semi-centralized’


Fledging web browser Brave, which doubles as an ecosystem for rewarding content-creators with its native cryptocurrency, has drawn heavy criticism for the way it intends to combat fraudsters looking to exploit its platform for profit. Riccardo Spagni, spiritual leader of privacy-focused cryptocurrency Monero, says those in charge of Brave may have inadvertently afforded themselves power to “steal” unclaimed Basic Attention Tokens (BAT), Brave’s internal ERC-20 token. Oh wow – this is amazing, I just read up on the clawback. The BAT ToS let’s them steal “unclaimed” tokens after 90 days, but they can also use “Sybil attack investigation” and KYC/AML excuses to…

This story continues at The Next Web

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