Značka: Mozilla

No Bitcoin: Mozilla will only accept Proof of Stake crypto donations

The company behind the Firefox internet browser Mozilla is attempting to appease its environmentally-conscious community by accepting only Proof-of-Stake (PoS) crypto donations.The company initially halted all crypto donations in January, but has now opened them back up after a review period to assess community sentiments and to conduct research on crypto energy usage.An update to our policy on accepting cryptocurrency donations. We got it wrong, we heard you, and we’ve evolved. https://t.co/0bSThVJsCC— Mozilla (@mozilla) April 7, 2022PoS blockchains consume less than 1% as much electricity as Bitcoin, although they vary among themselves in efficiency as demonstrated by a February report. Mozilla announced in a blog that after a review, it was changing its donations policies to come in line with its “climate commitments”. It said that: “Mozilla will no longer accept ‘Proof-of-Work’ cryptocurrencies, which are more energy intensive.“Proof-of-Work cryptocurrencies can significantly increase our GHG [greenhouse gas] footprint due to their energy intensive nature.”The company also said that the move was made based on its self-imposed Jan. 2021 climate commitments which aim for it to “significantly reduce our greenhouse gas footprint year over year” until it becomes carbon-neutral. “Mozilla’s decision not to accept Proof-of-Work donations ensures that our fundraising activities remain aligned with our emissions commitment.”By rejecting all non-PoS crypto, Mozilla is blocking both Bitcoin (BTC), the largest cryptocurrency by market cap, and Ether (ETH) — at least until the Merge occurs in the coming months and that blockchain adopts PoS.Mozilla stated that it would release a list of accepted cryptocurrencies by the end of Q2, 2022. Some native coins from the most popular PoS chains include BNB Chain (BNB), Solana (SOL), and Avalanche (AVAX).Among the mosvocal detractors of Mozilla’s new crypto donations policy was Mozilla’s own founder, Jamie Zawinski. He tweeted on Jan. 4 that those at Mozilla who are complicit with accepting Bitcoin “should be witheringly ashamed” to partner with the “planet-incinerating ponzi grifters.” Zawinski stopped working at Mozilla in 1999.Director of Digital Strategy at American investment firm VanEck Gabor Gurbacs had harsh criticism for Mozilla’s decision to block Bitcoin donations. In an Apr 12 tweet, he called the move “misguided and virtue signaling in nature,” adding that “Bitcoin is one of the greenest industries out there.”While Bitcoin annually consumes about 204.5 Terawatt hours (TWh) of energy according to data from blockchain researchers at Digiconomist, the actual effect on the climate is much more contested. Proponents contest that miners that secure the network are helping to strengthen energy grids and improve carbon efficiency while operations themselves are increasingly switching to renewable energy.As reported by Cointelegraph last month, flexible data centers can be used for Bitcoin mining. Flexible data centers can switch between self-generated green energy and tapping into the public grid to reduce the overall environmental impact and stress on the public energy grid.Related: Marathon Digital moves Montana BTC mine to pursue carbon neutralityCrypto storage company Blockstream and Jack Dorsey’s Bitcoin development firm Block Inc announced on Apr 8 that they would work with Elon Musk’s Tesla to build a solar-powered BTC mining facility in Texas, the new hotbed of clean energy mining operations.

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Mozilla backflips on accepting crypto after ‘planet incinerating’ backlash

The Mozilla Foundation has put cryptocurrency donations on hold following a community backlash sparked by trenchant criticism from co-founder Jamie Zawinski.Last week the development company behind the Firefox browser tweeted an appeal for donations in cryptocurrency.But earlier today, Mozilla announced it had paused crypto donations due to the online discussion around crypto’s environmental impact. Last week, we tweeted a reminder that Mozilla accepts cryptocurrency donations. This led to an important discussion about cryptocurrency’s environmental impact. We’re listening, and taking action. 1/4— Mozilla (@mozilla) January 6, 2022Mozilla said it will continue to explore decentralized web technology, but will only resume crypto donations if it fits with their climate goals. It said that in the spirit of open source, Mozilla will be transparent in the review process and share constant updates. The drama began on Dec. 31st when the organization put out a call for cryptocurrency donations via the BitPay platform.The non-profit’s post attracted the disapproval of some members of its community, including Mozilla co-founder Jamie Zawinski. Although he has not been associated with Mozilla since 2000 he criticized the organization in the strongest possible terms:“Everyone involved in the project should be witheringly ashamed of this decision to partner with planet-incinerating Ponzi grifters.”In a blog published on his website on Jan. 5th Zawinski further talked about the cryptocurrency industry and what he argues is its unrealistic business model. Zawinski argue the industry manufactures pollution and turns it into money. Some members of the community called for Mozilla to delete its call for donations and to spell out how accepting crypto was in line with its mission to fight the ongoing climate crisis.Twitter user Melissa (@mcbyrne) said, “Bitcoin is bad for [the] climate,” while @seglegs questioned why Mozilla was an “enabling environmental catastrophe” by supporting crypto. Some community members pointed to a company blog about the organization’s climate commitments on Jan. 21 last year in which CEO, Mitchell Baker, is quoted talking about Mozilla’s and his commitment to protecting the environment and facing the climate crisis.According to the New York Times, Bitcoin mining consumes more than 91-terawatt hours of electricity per year — nearly 0.5% of global electricity consumption annually. Mozilla is only latest high profile example to face the ire of some users after making crypto and NFT related announcements. In recent months Ubisoft, Square Enix, Kickstarter, and Discord have all faced criticism due to the environmental effects of mining and professed concerns over crypto scams and frauds.Popular video gaming company, Square Enix, faced criticism from gamers on social media when President Yosuke Matsuda showed appreciation for blockchain gaming, NFTs, and the metaverse over the weekend. Then again, money speaks louder than keyboard warriors and his comments led to a 8% gain in share price. Related: New LGBTQ token aims for equity but raises red flags with communityGaming giant Ubisoft faced harsh criticism by its users, upon announcing the launch of in-game NFTs on Dec. 7th. Despite a significant backlash, Ubisoft will continue with its initiative in the form of dynamic NFTs with Aleph.im. Also in early December Kickstarter announced plans to develop a decentralized crowdfunding platform. Some users threatened to abandon the platform owing to the environmental impact of crypto. On Nov. 9th, Discord’s CEO, Jason Citron, shared a tweet signaling the company’s intent to allow users to connect a crypto wallet with their accounts. Users expressed their concerns and talked about the amount of energy required to process blockchain transactions and the potential for money laundering and scams in crypto and NFTs.Just two days after publishing the tweet, Citron backtracked and said the company had no current plans on integrating Web 3.0 concepts and is committed to protecting its users from fraud, spam, and scam.

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