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How Will Mozilla’s Firefox Private Network Affect the VPN Market?

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Mozilla announced earlier this month that its web browser, Firefox will block third-party trackers for everyone by default. And last week, the company announced another interesting product that could revolutionize the browser market.

The new product dubbed Firefox Private Network will act like a virtual private network (VPN) although the company thinks what it is building is something different from the conventional VPN. The new product is expected to give Firefox users more privacy online by providing an encrypted path to the web.

One major difference between the Firefox Private Network and the traditional VPN is that Mozilla’s product is web-based, which means you can only access its services when browsing the internet using the Firefox browser.

This presents an interesting challenge to other developers of web platforms including Google Chrome, Microsft Edge, and Apple’s Safari, among others. It also poses a potential threat to VPN service providers since this could be a substitute product to the already existing services.

The company recommends its new product to those using public Wi-Fi or those that want to hide from ad trackers. Nonetheless, this is not a comprehensive VPN service and will be a huge let-off for VPN providers.

In addition, while the service is available originally free on beta, Mozilla said that this is only for a limited time. So, clearly, a premium service will eventually replace the free pilot product. Again, this means that once it goes premium, VPN service providers will now be competing on an equal or better footing. And when you add the fact that users can only access the service while in the US, then it means that the VPN market players should not be put off by Mozilla’s market-changing product.

In a nutshell, while Mozilla’s revolutionary private network for web access may cause a stir in the market, it does not meet all the principles of a good VPN service because you cannot be protected when browsing the internet outside of Firefox. One major characteristic of top VPNs as you would find in any reputable VPN site is that they must mask your activity online regardless of the browser you use.

Mozilla has been running several pilot products as it tries to increase its share of the market in an industry that is dominated by two technology giants, Alphabet and Microsoft. From vertical tabs to quick access interfaces that display all your recently opened web pages, now the company is tweaking its focus a little to what it calls, “new, privacy-centric products”.

And at a time when data breaches like Cambridge Analytica on Facebook are threatening to ruin the social media industry, people are becoming more sensitive to their privacy online and Mozilla may just be on to something that could provide it with the edge it needs to claim a bigger share of the internet browser market.

In summary, Mozilla’s Firefox Private Network could trigger some reactions from other web browser developers. This could have a long-term effect on the VPN market if all internet browser developers offer VPN services to users as an add-on at a small premium. However, for now, the impact is likely to be minimal because Mozilla’s product has its own limitations which leave it short of the standards set by traditional VPN services.

Image by Gerd Altmann from Pixabay

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Bitcoin Investors – Keep Your Eyes on Inheritance Tax

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The IRS recently warned crypto investors to pay their bitcoin taxes or amend returns that have been misreported. By sending out warning letters, the IRS essentially put the magnifying glass on all crypto investors. 

This magnifying glass is about to get even bigger following a recent court order delivered on August 26 by a Florida court. If you are a crypto enthusiast, then you have likely heard of Craig Wright, an Australian computer scientist who has attracted criticism over his claim that he is the mysterious bitcoin inventor, Satoshi Nakamoto.

Craig “Satoshi” Wright was sued by the estate of his former business partner, the late Dave Kleiman. Kleiman is a bitcoin pioneer who died in 2013. Before his death, Dave and Wright had allegedly mined over a million bitcoins together.

Craig Wright to hand over 500,000 BTC worth over $5 billion

In the August 26 order, Judge Bruce Reinhart of the Southern District Court of Florida said that Wright should hand over half of the bitcoin (BTC) that he and Dave had mined before the latter’s death.

That’s 50% of the 1.1 million bitcoins Craig Wright and Dave Kleiman allegedly mined together going to the plaintiff – Dave’s brother, Ira Kleiman. Ira…

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eToroX Review: A Top Cryptocurrency Exchange

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eToroX Review

eToroX is a digital assets exchange which features a cryptocurrency trading exchange as well as a crypto wallet. eToroX is created by the same group that operates the eToro forex and CFD social trading platform, but this Exchange is for trading, buying, selling and exchange of cryptocurrencies and blockchain-based/tokenized assets.

Regulation and Ownership

The crypto wallet and exchange services offered by eToroX (a company incorporated in Gibraltar and owned and operated by the eToro Group) are regulated by the Gibraltar Financial Services Commission. eToro X is a regulated DLT provider with licence number FSC1333B.

Fees

Two types of fees are incurred by eToroX users: exchange fees and wallet fees. Exchange fees relate to deposit/withdrawal transactions and charges on trading activity. eToroX does not charge for deposits. Trading fees are either maker (limit orders) or taker fees (market orders). Maker/taker fees are tiered and are adjusted by trading volume.

Monthly Volume

Maker fees

Taker fees

Tier-1
<$100,000

0.10%

0.24%

Tier-2
<$500,000

0.09%

0.22%

Tier-3
<$1,000,000

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Playbetr: Bitcoin and Litecoin and Cryptocurrency Sportsbook and Casino

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When it comes to online casinos, cryptocurrency, bitcoin and litecoin sportsbooks, www.playbetr.com is a premier site in the industry, offering only the best in gaming and entertainment. With more than 1,000 casino games of a wide variety, there’s no reason for users to look elsewhere. Top-rated experiences and positive reviews all around have put Playbetr on the map, marking it as the best place to play. A quick look at their features will only help to solidify this ranking.

History

Seasoned vets of the cryptocurrency casino and sportsbook industry worked hard to develop Playbetr and get it to where it is today: the #1 licensed site. Because of their intuitive ideas and expertise, this group of professionals was able to bring together only the best of cryptocurrency, casinos, and sportsbooks to engage with their users on a heightened level.

With entertainment at the forefront, this pbr-based online casino and sportsbook is 100% cryptocurrency and is tied to U.S. dollars. This unique take on cryptocurrency eliminates the concern for the unstable market that online currency can sometimes bring about. With zero worries on the user’s end, Playbetr makes it possible for them always to have an accurate view of their winnings with the ability to immediately withdraw them.

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