Jade DohertyHost
Um, so originally, the, the original di- design of what we were trying to do with BAT was effectively, uh, eliminate ads, but then bring them back in in a way that the user was involved in.
Um, and so, uh, one of the things that comes up with that when you're dealing with effectively a micro transaction is that when you're trying to make a payment over Visa or MasterCard or some other system like that, uh, there's base level fees, um, that they charge, and those fees were too high to be able to actually perform, uh, the sorts of, uh, transactions that we wanted to be able to.
It was a piece of infrastructure to solve a very specific problem that we wanted to achieve, uh, in helping the web.
One of the things that people oftentimes get confused on is that rewards, which is the separate component that I was just describing there, and the wallet are actually two separate features.
Um, we're starting to merge those two things together, uh, with the BAT V4 roadmap that we just announced, um, and, and kind of like tie the product lines together in that sort of sense.
Because one of the things that we realized with the wallet is that much of what it's doing today is exposing too much of the, uh, cryptographic, or not the cryptographic, but like the cryptocurrency aspects of it.
So it's like I need to care what currency I'm in, what token I'm in, what address it is.
You know, there's no human readable addresses that come into play with this as well.
Like, at best, somebody might be layering on their, like, .brave TLD or their .eth TLD or .sns TLE- TLD.
So like it's all this like, um, leaky abstractions that come through with the wallet.
Um, and so this is where we started to think, "Well, what is the actual infrastructure useful for?" Um, and so this is what we announced with kind of like the BAT V4 roadmap, is that we see it as very useful for payments, um, and, and kind of like the utilization of being able to make a purchase online like you already do in your browser every single day.

Um, so originally, the, the original di- design of what we were trying to do with BAT was effectively, uh, eliminate ads, but then bring them back in in a way that the user was involved in.
Um, and so, uh, one of the things that comes up with that when you're dealing with effectively a micro transaction is that when you're trying to make a payment over Visa or MasterCard or some other system like that, uh, there's base level fees, um, that they charge, and those fees were too high to be able to actually perform, uh, the sorts of, uh, transactions that we wanted to be able to.
It was a piece of infrastructure to solve a very specific problem that we wanted to achieve, uh, in helping the web.
One of the things that people oftentimes get confused on is that rewards, which is the separate component that I was just describing there, and the wallet are actually two separate features.
Um, we're starting to merge those two things together, uh, with the BAT V4 roadmap that we just announced, um, and, and kind of like tie the product lines together in that sort of sense.
Because one of the things that we realized with the wallet is that much of what it's doing today is exposing too much of the, uh, cryptographic, or not the cryptographic, but like the cryptocurrency aspects of it.
So it's like I need to care what currency I'm in, what token I'm in, what address it is.
You know, there's no human readable addresses that come into play with this as well.
Like, at best, somebody might be layering on their, like, .brave TLD or their .eth TLD or .sns TLE- TLD.
So like it's all this like, um, leaky abstractions that come through with the wallet.
Um, and so this is where we started to think, "Well, what is the actual infrastructure useful for?" Um, and so this is what we announced with kind of like the BAT V4 roadmap, is that we see it as very useful for payments, um, and, and kind of like the utilization of being able to make a purchase online like you already do in your browser every single day.
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