The Mozilla Foundation, the non-profit organization behind the popular Firefox browser, announced Saturday that it has begun accepting donations in Dogecoin using BitPay. The open-source community was not impressed.
The backlash was swift, with some even threatening to cancel their donations to the foundation. What these critics failed to realize, however, is that Mozilla has accepted crypto donations since 2014. Nevertheless, one of the loudest critics of the foundation's involvement with crypto came from the co-founder of Mozilla itself.
"Hi, I'm sure that whoever runs this account has no idea who I am, but I founded @mozilla and I'm here to say fuck you and fuck this," wrote Mozilla.org co-founder Jamie Zawinski. "Everyone involved in the project should be witheringly ashamed of this decision to partner with planet-incinerating Ponzi grifters."
Hi, I'm sure that whoever runs this account has no idea who I am, but I founded @mozilla and I'm here to say fuck you and fuck this. Everyone involved in the project should be witheringly ashamed of this decision to partner with planet-incinerating Ponzi grifters.
— j͕̠̦̪͕̓͛̊̾̄ͅw̧̧̳̪̘͊̋͗̾͢͠z̢̘̞͈̺̞̩̓̽̐̋͗̆̋̚͟͜ (@jwz) January 3, 2022
Zawinski co-founded Mozilla in 1998, leaving the project in 1999 to pursue other ventures. The Mozilla project released the first version of its eponymous browser in 2002. In 2004, Mozilla released the Firefox browser, which remains one of the most popular open-source internet browsers with over 211 million active users as of December 2021.
Mozilla first began accepting BitcoinBitcoin and cryptocurrency donations in November 2014, at the time through Coinbase. Using Bitpay, Mozilla can take a variety of cryptocurrencies donations, including Bitcoin, Bitcoin Cash, Ethereum, Dogecoin, Litecoin, USD Coin, and Shiba Inu.
It’s worth noting, however, that Mozilla may not even actually receive and hold crypto itself when it’s all said and done. Using BitPay, a crypto donation is sent to the payment service and converted into the currency the recipient (in this case, Mozilla) wants on the other end. But this nuance probably makes little difference to crypto's detractors.
The environmental impact of cryptocurrencies has become a hot-button issue and a common critique levied against the industry. It’s well documented that proof-of-workproof-of-work blockchains like Bitcoin and Ethereum are energy-intensive, and their respective carbon footprints rival that of some countries. Yesterday, Kosovo banned Bitcoin mining after a committee recommended prohibiting the practice after declaring a 60-day energy state of emergency.
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Wyoming Governor Mark Gordon distanced himself Wednesday from a failed effort by legislators in his state to establish a Bitcoin reserve, emphasizing he’s focused on more practical crypto initiatives.
“Wyoming has been pretty methodical in how we approach this,” Gordon told Decrypt at the DC Blockchain Summit. “Bitcoin has been incredibly volatile.”
“It’s been a bit of a learning curve,” he added, regarding legislators’ approach to bold initiatives like the Bitcoin reserve.
Back in January, Wyom...
The state of Wyoming is gearing up to launch its long-planned stablecoin in the coming months, Governor Mark Gordon said at the DC Blockchain Summit on Wednesday, with the state eyeing a potential July debut following a period of testing.
The stablecoin, which was first proposed via a state bill in February 2022, will be powered by LayerZero and be usable across multiple chains, including Ethereum, Solana, Avalanche, and the Ethereum scaling networks Base, Polygon, Arbitrum, and Optimism.
“We ar...
Crypto-based prediction marketplace Polymarket apologized on its Discord server for what it described as an “unprecedented situation,” after users flagged apparent manipulation of market results by UMA whales.
UMA is Polymarket’s oracle system whereby the results of betting markets are determined by recourse to external sources of data, and by staking UMA tokens behind a particular resolution. For example, if there were a market that allowed users to predict whether the sun would rise tomorrow,...