Cryptocurrencies are probably at the worst stage now. Their ads are being hunted down from everywhere- Facebook, Twitter, Google and now cryptomining extensions are being banned from Chrome.
On Monday, the tech giant Google announced that it block all the cryptomining extensions from its Chrome Web Store. The company will remove all existing extensions in the Web Store from July 2018. However, all the blockchain related extensions will be unaffected.
The Chromium Project, an open-source initiative started by US tech giant, to provide a secure and improved source code for Chrome, shows that many developers have been concerned about the use of mining extensions from last couple of months.
According to Wired, the mining scripts have been blacklisted by mainstream malware scanners and ad blockers for months. Google states that 90 per cent of the mining extensions submitted by the developers were not in compliance with the policy.
James Wagner, Google's extensions platform product manager said, "The key to maintaining a healthy extensions ecosystem is to keep the platform open and flexible. This empowers our developers to build creative and innovative customizations for Chrome browser users," as quoted by Wired. "This is why we chose to defer banning extensions with cryptomining scripts until it became clear that the vast majority of mining extensions submitted for review failed to comply with our single purpose policy or were malicious."