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Presearch is supported by a community of node operators that process user search requests and earn incentives in the form of the Ethereum-based PRE token.
Beginning September 1, the decentralised search engine Presearch will be offered as the default choice on all new and factory-reset devices sold in the United Kingdom and Europe, potentially eroding Google’s market dominance.
The decision by Google to list Presearch as a default browser option follows a protracted legal battle with the European Commission over accusations that the technology company used Android to solidify its search engine dominance. In 2018, the European Commission’s antitrust regulator fined Google a record 4.24 billion euros for unfairly limiting competition on smartphone operating systems. In 2019, Google said it will allow search engine rivals to compete for free on Android devices.
Presearch’s private, decentralised search engine alternative will now be available on Android smartphones in Europe, alongside many other suitable search engines. Presearch may seem differently based on the user’s location, despite the fact that the search engines will be presented at random. Presearch can be accessed on laptop or smartphone, regardless of location or device, by installing the app from Google Play or the App Store.
Presearch processes more than 1 million searches per day across more than 2.3 million registered users.According to the corporation, daily searches have climbed by more than 300 percent since January 2021. Presearch node operators process all search engine requests and are compensated with Ethereum-based PRE tokens.
PRE coins are presently trading for less than 5 cents on CoinMarketCap. The project is worth about $17 million in total market value.
Although Google continues to be the de facto market leader in the worldwide search engine business, various competitors have attempted to challenge its supremacy. Brave, a crypto-powered web browser, just announced a new privacy-protecting experimental search engine as an alternative to Google’s personal data harvesting.