Mozilla, the company behind the Firefox internet browser, is aiming to placate its eco-conscious community by only accepting proof-of-stake cryptocurrencies, which require more energy.
The changes include — “Mozilla will no longer accept ‘proof-of-work’ cryptocurrencies, which are more energy-intensive.
Proponents argue that by securing the network, miners are helping to strengthen energy grids and reduce carbon emissions and that companies are increasingly transitioning to renewable energy.
Ethereum is nearing a major update that would alter its infrastructure and reduce energy use by 99 percent.