The BAT blockchain. The protocol is a blockchain-based system created to attract the media consumer’s attention using the Brave web browser.
Details
- Founders: Brendan Eich, Brian Bondy
- Founded: 2017
- Headquarters: San Francisco, California, United States
Key Features
The Basic Attention Token is in use for mediating payments between advertisers and content creators who lend space on their web pages for the ads.
Brave acts as a blockchain-based advertising platform powered by the BAT token.
BAT is an ERC-20 token that allows the creation and transfer of smart contracts for irreversible payments happening over the network.
It works on a PoW consensus like most cryptocurrencies now and one can also mine these tokens.