'Brave' browser starts paying bitcoins

[pawel7777]

https://nakedsecurity.sophos.com/2016/10/04/brave-browser-starts-paying-bitcoins-to-adblocked-sites/

An integrated Bitcoin payment system will handle payments, putting bitcoins into your wallet if you’ve agreed to see ads and taking them out if you’ve opted to have them blocked.

The fees Brave Software takes in from advertisers will go into one pot. The publishers get the lion’s share – 55% – weighted by how many ad impressions are served on their sites.

What’s left over gets divvied up between Brave, its ad-matching partners, and the users, with each getting 15%.

If users don’t opt to take their 15%, then the publishers will get 70%.

Anyone using Brave and can verify this? Have they indeed started paying users, or publishers only? I only use android version, which doesn't yet support btc payments.

[franky1]

reading braves website - https://brave.com/

For the first time in the history of web browsers, people can now seamlessly reward the sites whose content they value and wish to support, while remaining untracked by anyone, including us at Brave Software, Inc. This removes the need for intermediaries who may overwhelm web pages with invasive trackers and ads (and sometimes even malware). It also avoids centrally managed “feed” algorithms that may or may not value your idea of content quality.

Users simply need to turn on Brave Payments from within Brave’s preferences page, then fund their Brave wallet (either with Coinbase, or by using Bitcoin they already have), and then browse as usual. While everything is automatic, once enabled, the Brave Payments UI allows you to control which sites receive your support by manually enabling or disabling funding for any of the sites you visit.

seems more about users paying in. to be able to block adverts while still helping websites get some funding. rather than users getting funds.
however reading the OP. there may be a "cashback" scheme by users allowing adverts, users get 15% back

[pawel7777]

They still have that 15% to users on their website:
https://brave.com/about_ad_replacement.html

Step Three: Brave Pays You

Replacing ads means our users get a share of the gross ad revenue. Brave will pay users 15% of gross ad revenue. This is the same amount of money that we make from those ads (the rest goes to publishers and ad content partners.) And if you are feeling generous, you may route your earnings back to the sites you browse, and even add more through the use of a Brave wallet, administered through BitGo. In exchange for your generosity, we will block all of the ads on the sites you choose to pay.

Doesn't sound like a cashback. And cashback for voluntary donations would be very weird idea. I could just donate less, or nothing, if I cared about cashback.

[MingLee]

They still have that 15% to users on their website:
https://brave.com/about_ad_replacement.html

Step Three: Brave Pays You

Replacing ads means our users get a share of the gross ad revenue. Brave will pay users 15% of gross ad revenue. This is the same amount of money that we make from those ads (the rest goes to publishers and ad content partners.) And if you are feeling generous, you may route your earnings back to the sites you browse, and even add more through the use of a Brave wallet, administered through BitGo. In exchange for your generosity, we will block all of the ads on the sites you choose to pay.

Doesn't sound like a cashback. And cashback for voluntary donations would be very weird idea. I could just donate less, or nothing, if I cared about cashback.

Cashback schemes, in my opinion, are more commonly used to give people the illusion of saving money or keeping some sort of value in exchange for paying for some sort of service that does basically nothing to benefit them. Some people fall for this kind of thing, and it is meh in my opinion. I wouldn't be interested in getting rid of ads, because I truthfully don't care that much.

[RocketSingh]

I believe, brave is going to be a game changer in the long run.

[universe_]

its nice to see that more and more websites companies and programs are starting to accept bitcoins, the price will definitely increase because of that

[Meuh6879]

i don't understand.
the main goal of a browser is to see internet ... and block ADs.

ADs is not internet.


it's a waste of ressource and time to build ADs.
build QR-Code on interesting article and i pay (i already pay some bitcoin article ... posted on medium or other place).

[clickerz]

reading braves website - https://brave.com/

seems more about users paying in. to be able to block adverts while still helping websites get some funding. rather than users getting funds.
however reading the OP. there may be a "cashback" scheme by users allowing adverts, users get 15% back

Thanks for the link. Very informative. This braves cashback program to users by sites advertising is good. In that way a user can eran while surfing and at the same time can spend also by  blocking the ads he didnt want. Nice concept though, I remember Mrai's coin.

[shinratensei_]

But in the future, he said improvements to the bitcoin infrastructure such as the Lightning Network and Segregated Witness could enable micropayments in real-time.

This is so good... but till the lightning is release the brave is already reserving another improvement.
http://www.coindesk.com/brave-browser-launch-bitcoin-micropayments/

At launch, Brave plans to hold the monthly payments in escrow and send them in bulk to avoid bogging down the bitcoin network, which can only process about seven transactions per second.

And so the payment is not automated?

[Slark]

i don't understand.
the main goal of a browser is to see internet ... and block ADs.

I thought Brave was supposed to show you different kind to ADS, a specially prepared king by browser itself.

And then you would earn money by browsing sites with these Ads. If that is the other way around and you can tip sites you like - it is far less interesting.

[EndTheFed321]

The Solutions should be clear ADZbuzz will be the way of the future

http://adzcoindesk.com/adzbuzz-vs-steemit/

will Brave be able to succeed or will it be replaced by ADZbuzz 

only time will tell.

[morantis]

I can try again, but I downloaded this a few weeks, maybe a month or two back and could not see at all how the system would work.  It appeared, from what I can remember, to be where the only people that would get paid are the sites themselves and there was no way a regular user was getting anything.  I can try again, but I remember the first impression was not good.

[Wind_FURY]

I was thinking of giving the Brave Browser a try because I thought that it also pays the users. On the internet the users have now become the product, they follow you and snoop at what you do and record them and then look for patterns in your online activities. So if I choose not to block ads then I should have a share of the pot too, right? What would stop me from using a regular browser + adblocker?

So I am confused with Brave payments for the users. Are they only cashbacks for the Bitcoins you already released or is there really a user's share of 15% from the pot?

[franky1]

i don't understand.
the main goal of a browser is to see internet ... and block ADs.

I thought Brave was supposed to show you different kind to ADS, a specially prepared king by browser itself.

And then you would earn money by browsing sites with these Ads. If that is the other way around and you can tip sites you like - it is far less interesting.

viewing the web on normal browsers gives you two options.
see ad's from primary advertisers(option 1) or block ad's from primary advertisers(option 2).

brave, from reading between the lines offers 2 new options when you choose to block standard first party ads(option 2).
A. remain blocked and receive nothing, but you have to pay for this.
B. view 'brave' clean ad's you prefer, and you get paid.

the only issue i see is the payout

the payout comes from, what i can see
people putting funds in, to be able to totally block ad's(option 2: A)
clean advertisers paying to show clean ads to people who chose(option 2: B)
where the funds are shared like this


EG someone pays in $5 to block ads for 1000 websites
it breaks up as
$2.75 - goes to the websites that had ad's blocks(option 2: A). where the share = $0.00275 per site viewed
$0.75 - goes to a pot to pay websites when a users chooses(option 2: B). *
$0.75 - goes to brave
$0.75 - goes to a pot to pay users when a users chooses(option 2: B). *

* where the share can vary depending on how many users choose the option and how many sites those users click

yet if everyone (usual the penny pinching sig campaigners and faucet raider mindset people) wanted a payday( option 2: B) they will be left fighting over the small pot of funds.
the more sites they click, the more users wanting a payday, the less of a 'share' they get.

imagine for every 1 person putting in $5 and go for(option 2: A) there were 99 users going for (option 2: B)
now we have 99 people fighting over 75cents.

those 99 people are going to speed click through sites to get a bigger tally of sites viewed compared to other (option 2: B) people. in hopes of getting a bigger share of the 75cents (same game physics as mining hashrate competition for share of the block reward pot)

resulting in more clicking and more diluting the share of the pot. which as a side effect also means the website receiving the constant barrage of clicks from raiders causing the websites to get higher bandwidth but less back per click.

also as a secondary effect, the income the website would get from primary advertisers(option 1) would decline too.
this is due to the primary advertisers(option1) seeing alexa rankings/google analytics of high views due to the fund raiders trying to cheat, causing the site to be deemed as lacking 'quality' clicks, so the site gets demoted and receives less per click from genuine option 1 advertisers.

so i hope brave has formulated alot of use case scenarios and done alot of predictive maths to ensure a fair income for websites and limit the income of fund raiders, otherwise it wont be sustainable

[VanDeinsberg12]

i don't understand.
the main goal of a browser is to see internet ... and block ADs.

I thought Brave was supposed to show you different kind to ADS, a specially prepared king by browser itself.

And then you would earn money by browsing sites with these Ads. If that is the other way around and you can tip sites you like - it is far less interesting.

viewing the web on normal browsers gives you two options. see ad's from primary advertisers(option 1) or block ad's from primary advertisers(option 2).
brave, from reading between the lines offers 2 new options when you choose to block standard first party ads(option 2).
A. remain blocked and receive nothing.
B. view 'brave' clean ad's you prefer and receive something.

the only issue i see is the payout

the payout comes from, what i can see
people putting funds in, to be able to totally block ad's(option 2: A)
clean advertisers paying to show clean ads to people who chose(option 2: B)
where the funds are shared like this


EG someone pays in $5 to block ads for 1000 websites
it breaks up as
$2.75 - goes to the websites that had ad's blocks(option 2: A). where the share = $0.00275 per site viewed
$0.75 - goes to a pot to pay websites when a users chooses(option 2: B). *
$0.75 - goes to brave
$0.75 - goes to a pot to pay users when a users chooses(option 2: B). *

* where the share can vary depending on how many users choose the option and how many sites those users click

yet if everyone (usual the penny pinching sigcampainers and faucet raider mindset people) wanted a payday( option 2: B) they will be left fighting over the small pot of funds.
the more sites they click, the more users wanting a payday, the less of a 'share' they get.

imagine for every 1 persin putting in $5 and go for(option 2: A) there were 99 users going for (option 2: B)
now we have 99 people fighting over 75cents.

those 99 people are going to speed click through sites to get a bigger tally of sites viewed compared to other (option 2: B) people. in hopes of getting a bigger share of the 75cents (same game physics as mining hashrate competition for share of the block reward pot)

resulting in more clicking and more diluting the share of the pot. which as a side effect also means the website receiving the constant barrage of clicks from raiders causing the websites to get higher bandwidth but less back per click.

also as a secondary effect, the income the website would get from primary advertisers(option 1) would decline too.
this is due to the primary advertisers(option1) seeing alexa rankings/google analytics of high views due to the fund raiders trying to cheat, causing the site to be deemed as lacking 'quality' clicks, so the site gets demoted and receives less per click from genuine option 1 advertisers.

so i hope brave as formulated alot of use case scenarios and done alot of predictive maths to ensure a fair income for websites and limit the income of fund raiders, otherwise it wont be sustainable

So, are need for giving an address for getting a payment from brave? seems for paying their users is via 3rd parties or escrow method and could that's will not pay everyone for directly? to be honest, this is my first time is heard about the brave... and it's will need us for always turning before for that.

[franky1]

So, are need for giving an address for getting a payment from brave? seems for paying their users is via 3rd parties or escrow method and could that's will not pay everyone for directly? to be honest, this is my first time is heard about the brave... and it's will need us for always turning before for that.

seems from reading the site that the "pots" of funds are locked into Bitgo multisigs(3rd party escrow).
they seem to be concentrating on ensuring websites get paid before making a version where users get paid.
im guessing the 'user gets paid' version is still not finalised.
the method of payout is unclear but i presume there would be an option to save your public address in the browser, so that brave knows where to pay you.

all i can see so far is a scenario of mad rushing for everyone opting to get paid, hardly anyone opting to pay. leading to a competition of clicks to drain the funds into a 1 satoshi per click end game.

they really need to limit payouts to users or it wont be sustainable

[davis196]

https://nakedsecurity.sophos.com/2016/10/04/brave-browser-starts-paying-bitcoins-to-adblocked-sites/

An integrated Bitcoin payment system will handle payments, putting bitcoins into your wallet if you’ve agreed to see ads and taking them out if you’ve opted to have them blocked.

The fees Brave Software takes in from advertisers will go into one pot. The publishers get the lion’s share – 55% – weighted by how many ad impressions are served on their sites.

What’s left over gets divvied up between Brave, its ad-matching partners, and the users, with each getting 15%.

If users don’t opt to take their 15%, then the publishers will get 70%.

Anyone using Brave and can verify this? Have they indeed started paying users, or publishers only? I only use android version, which doesn't yet support btc payments.

I`ve never  heard of this brave browser and i will never use it.

Is it better than Firefox or chrome?

It`s good that they adopt bitcoin,but they aren`t very popular.

[altcoinhosting]

I've used brave in the past... It had a different look and feel than other browsers, didn't really like it back then.
After reading your post, i re-installed it just to verify if they indeed started to pay the users per blocked ad, but i couldn't find any setting for this...

They did started using Brave Payments, apparently, they allow you to deposit funds and pay with your browser now, but it's not like you're getting payed

[Kakmakr]

The bigger this gets, the lower the payment will be, if the income are smaller than the combined payouts that needs to be done. Yes, it functions as some kind of paid Ad blocker service built into the browser, which is generating income and then it also serve as a better platform for Advertisers that wants it's customers satisfied with their Ad spamming.

At this stage, nobody asks you if you want to see their spammed Ads, they just spam you. These Ads then get the opposite result, and it just anger and frustrate the people receiving it. So if the user gives his blessing to receive specific Ad's then these Ads are more effective.

The users getting paid for doing this, is just a Added <excuse the pun> Bonus. ^smile^

[danherbias07]

https://nakedsecurity.sophos.com/2016/10/04/brave-browser-starts-paying-bitcoins-to-adblocked-sites/

An integrated Bitcoin payment system will handle payments, putting bitcoins into your wallet if you’ve agreed to see ads and taking them out if you’ve opted to have them blocked.

The fees Brave Software takes in from advertisers will go into one pot. The publishers get the lion’s share – 55% – weighted by how many ad impressions are served on their sites.

What’s left over gets divvied up between Brave, its ad-matching partners, and the users, with each getting 15%.

If users don’t opt to take their 15%, then the publishers will get 70%.

Anyone using Brave and can verify this? Have they indeed started paying users, or publishers only? I only use android version, which doesn't yet support btc payments.

If it is paying just for adblocks it can be done in google chrome too. Cant seem to verify yet if they are already paying. I thought at their introduction that they will be an add ons for Firefox.