A few days ago I posted about how Mozilla accepting cryptocurrency had created a stir, Mozilla has listened to people’s responses and is halting cryptocurrency donations until they review the current state of crypto to see if it is in line with their stance on the climate. They have said they will have an open and transparent process involving this.
Archive: https://archive.md/yTrel
Sending the money is actually what produces more money, so using it has the same fingerprint
not quite sure what you mean? the carbon footprint of a transaction is negligible in comparison to mining no?
I’m pretty sure transactions are verified by mining, so its the same process.
ahh gotcha thats fair
Mining is the process of creating new coins, but these new coins are created when you add a transaction to the public ledger. You cannot dissociate mining from transactions, mining is in fact how the networks’s keepers are paid for maintaining the network and processing transactions. It is this way because it was supposed that BitCoin transactions would be free, but now you are almost always required to pay a fee to get miners interested in adding you to the block