After announcing last week that it would accept cryptocurrency donations, the Mozilla Foundation withheld them after critical comments from one Mozilla founder and many more. TechCrunch “As of today, we are reviewing whether our current policy on crypto donations is in line with our climate goals,” the report said. The company tweeted. “And as we conduct our reviews we will break the ability to donate cryptocurrencies.”
Mozilla has announced a new policy Jockey tweetsIt is said that those who are doing “Double in @ dogecoin” or “HODLING some #Bitcoin & Ethereum” can donate their crypto directly to the foundation. That was filled by one Caustic answer From Jamie Zowinsky, co-founder of Mozilla. “F *** you and f *** it,” he tweeted. “Everyone involved in the project should be ashamed of this decision to part with the planet-burned calendar grippers.” Peter Linz, the designer of the Gecko engine that powers Firefox, also chimes in, telling Mozilla that “you want to be better than this.”
Yesterday, Mozilla backed the idea, saying in a tweet that the comments “led to an important discussion about the environmental impact of cryptocurrency.” It adds that “decentralized web technology continues to be an important area for us to explore, but much has changed since we started accepting crypto grants.”
Cryptocurrencies like Bitcoin and Etherium solve complex math problems and are created by design, making it harder to “mine” over time. These need to be stored in a public ledger, something that also consumes energy. The result is bitcoin Uses more energy Compared to many countries, and most of it comes from dirty sources like coal.
Tesla last year Announcement That it would accept Bitcoin payments for its EV, and even bought Bitcoin worth $ 1.5 billion to smooth the process. However, many have noted that the environmental benefits of an EV can be greatly reduced Wonderful amount The power required to mine a single bitcoin.
Mozilla says it will continue to explore the idea of donating cryptocurrencies but will keep people in the loop this time around. The Foundation tweeted, “In the spirit of open source, this will be a transparent process and we will share regular updates.” “We look forward to this conversation and commend our community for drawing our attention.”
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