“The autocomplete default was inspired by search query clientid attribution that all browsers do, but unlike keyword queries, a typed-in URL should go to the domain named, without any additions,” said Brendan Eich, Brave CEO and Mozilla co-founder.
Eich explained that the company is “trying to build a viable business,” mostly by offering users the option to allow ads that pay out in crypto coins. However, Brave is seeking other sources of revenue by including ads and widgets on its new tab pages, much as more established browsers like Firefox already do. “This includes bringing new users to Binance & other exchanges via opt-in trading widgets/other UX that preserves privacy prior to opt-in,” he added. “It includes search revenue deals, as all major browsers do.”
Some Brave users on Twitter (many from the crypto community) weren’t mollified, but Eich offered a mea culpa. “Sorry for this mistake — we are clearly not perfect, but we correct course quickly. We will never revise typed in domains again, I promise.”