Reporting Back on Mozilla’s Cryptocurrency Donation Policy

by n3k5on 4/7/2022, 5:17:58 PM with 5 comments
  • by rvzon 4/7/2022, 5:47:38 PM

    TLDR:

    > Mozilla will no longer accept 'proof-of-work' cryptocurrencies, which are more energy intensive.

    > Mozilla will accept 'proof-of-stake' cryptocurrencies, which are less energy intensive.

    Very unsurprising. So they are still accepting cryptocurrencies then, especially non proof-of-work ones which align towards Mozilla's climate change goals, since I and many others said before [0], there are cryptocurrencies that exist that are more eco-friendly than others. So use those ones instead.

    Looks like I'm going to watch the outrage on this policy as now they realise that one can accept other cryptocurrencies that are not burning up the planet.

    > Mozilla will develop and share a list of cryptocurrencies we accept by the end of Q2 2022.

    I can tell you that it will be one of those ones in [0]. It certainly won't be Bitcoin, or Dogecoin.

    [0] https://news.ycombinator.com/item?id=30271714

  • by SkyMarshalon 4/7/2022, 5:38:36 PM

    TLDR: Due to climate concerns:

    1. Mozilla will no longer accept 'proof-of-work' cryptocurrencies, which are more energy intensive.

    2. Mozilla will accept 'proof-of-stake' cryptocurrencies, which are less energy intensive. Mozilla will develop and share a list of cryptocurrencies we accept by the end of Q2 2022.

  • by randomhodler84on 4/7/2022, 5:38:45 PM

    There is a concentrated effort by authoritarians to push proof of stake oligarchical systems. By making up ESG concerns and skewing the narrative to be “using energy is bad, actually”, we weaken our decentralized products.

    Proof of stake is worthless, no it’s actually negative as it will be the lever the state uses to control cryptocurrency. You can’t find the miner, but you can surely find the stalker and force them with violence to respect the will of the state.

    This will become far more obvious to people in the next 5 years. Proof of stake was always a trap.

    I’m sorry Mozilla has been captured by idiots who will sell our your freedoms for State support.

  • by ea550ff70aon 4/12/2022, 6:59:22 PM

    What a joke. I hate to see Mozilla digging its own grave like this.

  • by throwmeariver1on 4/7/2022, 5:39:01 PM

    They need 3 months to figure out to only accept proof-of-stake and now they need another 4 months to figure out which of those they want to accept? I bet they spend more time on meetings about it than they will get crypto donations in 2022.