The organization behind the fourth most popular desktop browsers in the world has decided to resume accepting cryptocurrency donations.
In a recent blog post, the Mozilla Foundation’s executive director Mark Surman announced that the company will resume the ability to accept cryptocurrency donations, but won’t accept energy-guzzling “proof-of-work” cryptocurrencies.
“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,” the blogpost said.
Also Read: Why Mozilla Is Pulling The Plug On Donations In Bitcoin, Ethereum, Dogecoin
Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH) currently use PoW algorithms, although Ethereum is in the process of transitioning to proof-of-stake.
In January, Mozilla announced that it is going to accept Dogecoin (CRYPTO: DOGE) for donations.
Following this declaration, many users and followers had a negative reaction to the decision, criticizing the foundation for degrading its reputation by pitching Dogecoin and trying to legitimize crypto.
Some Firefox users said they opposed the acceptance of crypto donations due to their concerns about the environment.
Ironically, in 2014 Mozilla partnered with Coinbase to accept donations in Bitcoin in response to user demand.
According to StatCounter, Firefox has a 7.87% share of the desktop browser market.
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