According to the blog post shared by Mozilla executive Mark Surman, the Mozilla Foundation will be in the near future. cryptocurrency Will continue to receive donations.
Alongside Bitcoin, Litecoin and Dogecoin Will Be Among the Banned Cryptocurrencies
Despite this, Surman also said that cryptocurrencies based on the “Proof of Work” mechanism, which consume high energy, are banned. According to this information, Mozilla will not accept donations with Bitcoin. In addition, donations cannot be made with cryptocurrencies such as Dogecoin and Litecoin, which also use the PoW mechanism.
However, it is the second largest cryptocurrency in the world working with the Proof of Work mechanism. Ethereum’s It is expected to switch to the Proof of Stake mechanism this year. With this transition altcoin It is aimed to reduce energy consumption by 99.95%.
Surman said that if they accept donations with cryptocurrencies using the Proof of Work mechanism, these assets will significantly increase the carbon footprint of the Mozilla Foundation, and therefore the foundation may not be able to meet its climate goals.
The foundation announced that it will announce the list of cryptocurrencies that will be accepted by the end of the second quarter of 2022.
Mozilla Stopped Receiving Crypto Donations In January
The Mozilla Foundation, the nonprofit organization behind the Firefox web browser, has been accepting crypto donations since 2014. However, the foundation stopped its crypto donations in January after his tweet drew backlash. Mozilla founder Jamie Zawinsky claimed in a statement that the foundation supports “Ponzi scammers who are harming the planet”.
The foundation’s decision to stop crypto donations has likewise sparked controversy. Many members of the crypto community have accused the foundation of giving in to internet bullies. dogecoin founder Billy Markus was among those who objected to the foundation closing its crypto donations.
The removal of Bitcoin from the supported cryptocurrencies will likely draw backlash from the BTC community. The crypto community considers the climate criticisms attributed to BTC to be exaggerated.
*Not investment advice.