Microsoft is reportedly testing a built-in cryptocurrency wallet for Edge, its web browser, according to information from screenshots of a beta build of the browser. A Twitter user (Albacore), @thebookisclose, uploaded screenshots of the feature strictly meant for internal testing.
Microsoft explained that the feature would give users absolute control over a non-custodial crypto wallet. The integrated features would help to protect against users against insecure addresses or apps.
From a design perspective, Microsoft stated that the feature provided an easy, simplified user experience that helps users interact better with Web3.
The screenshots show that the crypto wallet will be engrafted into the Edge browser, creating an easy routine to apply the wallet without necessarily installing any extensions.
As an innovative introduction, it is projected to be able to handle different sorts of cryptocurrency; transactions will be recorded effortlessly, together with the price of your cryptocurrencies, as vulnerability hits them.
There is an “Explore” tab that offers crypto-related news stories , and an “Assets” tab that will allow you to see your NFTs. As earlier mentioned, the wallet is non-custodial — it is controlled by a single owner, a sole ownership method that relegates all passwords and recovery keys to the hands of the wallet’s owner.
The crucial part of this is that Microsoft will never allow any user to get access to their wallets once they forget their credentials on account of several mishaps.
How to use Microsoft’s in-built crypto wallet for Edge Browser
Microsoft informed testers that they had the “unique opportunity” to shape Microsoft’s attempt at cryptocurrencies and non-fungible tokens (NFTs); in this regard, it implored them to provide objective and well-deliberated feedback around the wallet’s functionality and other things that could be integrated to achieve its goal.
To test the Microsoft in-built crypto wallet, testers will have to use their funds. Microsoft warns strictly that it will not be responsible for any loss incurred while testing the new feature.
While setting up the crypto wallet, testers are requested to create a password for their wallet. After setting up the wallet, testers get a dashboard heavily rammed with features like Overview, Assets, Transactions, Connections, and Explore sections.
The Overview section shows how the value of the crypto stored is changing and has changed over time; this helps to know if trading a particular crypto will merely be tilting at windmills. It has a transaction button that grants users the hegemony to process a wide range of transactions. According to the screenshots, the wallet seems to be suited for Ethereum-compatible blockchains.
Sending crypto requires the user to enter a public address, nickname, or ENS name. The buy option lets users buy crypto through the Coinbase or MoonPay exchanges. The Edge crypto wallet’s Assets section includes two subsections for crypto and NFTs. Under Crypto, it lists the names, balances, 24-hour price changes, and market prices of the cryptocurrencies in the wallet. The NFTs category will let users see their collections from various marketplaces in one place.