News for hackers. Stuff that matters.

A comment on Mozilla Foundation pausing cryptocurrency donations. Parent comment

Re:Mozilla Foundation pausing cryptocurrency donations by pjc50 on Friday January 07, 2022 @04:34AM (#29837043)
It would seem easy enough to ban proof-of-waste and encourage people to get on with deploying the alleged better technologies that never arrive. And many places have blanket KYC requirements which using crypto does not exempt you from.

The UK has banned crypto derivatives: https://www.fca.org.uk/news/press-releases/fca-bans-sale-cry... and Binance. I suspect further action is coming against unregistered crypto outfits marketing to UK consumers.

[ Parent | on HN ]
Re:Mozilla Foundation pausing cryptocurrency donations by yellowapple on Friday January 07, 2022 @06:50AM (#29837994)
> and encourage people to get on with deploying the alleged better technologies that never arrive

If you're referring to proof-of-stake, that technology has already arrived, seeing as how multiple of the top 10 blockchains by market cap (Solana, Cardano, Terra) use it - and consequently do not have the negative impact on the environment that e.g. Bitcoin and Ethereum currently have.

[ Parent | on HN ]
Re:Mozilla Foundation pausing cryptocurrency donations by cuteboy19 on Friday January 07, 2022 @09:01AM (#29839171)
Now there's just the matter of their ponzi scheme structure
[ Parent | on HN ]