Why Google Bans Cryptocurrency Mining Extensions on Chrome

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Hi Guys, After Facebook and Twitter, Google has snapped down on ill-disposed cryptocurrency mining extensions from it Chrome extension platform. Until now, Google Chrome’s web policy allowed cryptocurrency mining in extensions as long as it is the extension’s single target and the user is sufficiently notified about the mining behavior.

Why Google Bans Cryptocurrency Mining Extensions on Chrome?

Unfortunately, approximately 90% of all extensions with mining scripts that developers have tried to upload to Chrome Web Store has failed to comply with these policies, and have been either refused or removed from the store,” James Wagner, Extensions Platform Product Manager, said in a blog post late Monday.

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“Starting today, Chrome Web Store will no longer accept extensions that mine cryptocurrency,” he added. Existing extensions that mine cryptocurrency will be delisted from the Chrome Web Store in late June.

Google Bans Cryptocurrency Mining Extensions on Chrome
Google Bans Cryptocurrency Mining Extensions on Chrome

Extensions with blockchain-related purposes other than mining will continue to be permitted in the Web Store, Google said. Over the past few months, there has been a rise in hateful extensions that issue to give useful functionality on the outside, while embedding hidden cryptocurrency mining scripts that run in the backdrop without the user’s consent.

These mining scripts often occupy significant CPU resources, and can seriously impact system performance and power attack. “This policy is another step forward in ensuring that Chrome users can enjoy the exhibits of extensions without displaying themselves to hidden risks,” Wagner said.

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Last month, Twitter confirmed to block cryptocurrency-related ads on the platform. In January, social media giant Facebook banned all ads promoting cryptocurrencies, including Bitcoin and ICOs. IANS.