Hedera Hashgraph, an altcoin project, has made headlines by sharing its entire codebase with the Linux Foundation. This move is aimed at fostering global collaboration among developers to work on decentralized technologies. As a founding member of the Linux Foundation’s Decentralized Trust Initiative, Hedera is making a major step toward open-source collaboration, which could have far-reaching impacts in the world of blockchain.
Hedera Enhances Global Collaboration with Code Sharing
Hedera has announced that it will contribute its entire source code to the Linux Foundation. This includes the hashgraph consensus algorithm and all the tools and libraries that help run the network smoothly. The project is calling this contribution “Hiero,” which is designed to make it easier for developers worldwide to work on and improve decentralized technologies.
1/3 📢 @hedera is now a founding premier member of @linuxfoundation‘s new @lfdecentralized and has contributed its entire source code—including the hashgraph consensus algorithm and core services—as project Hiero. #OpenSource #HelloHiero
Read more: https://t.co/1I9qPoxF6C pic.twitter.com/MVjvbW3Fp0
— Hedera (@hedera) September 16, 2024
This move by Hedera is seen as a game-changer, as it opens the door for more developers to get involved in the creation and advancement of decentralized technologies. By sharing its code, Hedera is giving developers from all over the world the ability to build and enhance their own technologies. This is a huge opportunity for technology enthusiasts and developers who want to collaborate on innovative ideas.
Daniela Barbosa, who manages decentralized technologies at the Linux Foundation, made statements regarding the collaboration with Hedera. Barbosa emphasized that open-source development is critical for the growth of decentralized technology. She stated, “Open-source is crucial for the growth of decentralized technologies.” In other words, sharing the code openly allows anyone to participate and contribute toward better technology.
What This Means for Developers and Open-Source Technology
For developers, this is akin to holding the keys to the kingdom. With Hedera’s code now available, developers can take a closer look, make improvements, and even build new projects on top of it. This open approach means that ideas will spread quickly, and solutions will be found faster. It’s a win-win situation where more minds working together lead to better outcomes.
1/3 📢 @hedera is now a founding premier member of @linuxfoundation‘s new @lfdecentralized and has contributed its entire source code—including the hashgraph consensus algorithm and core services—as project Hiero. #OpenSource #HelloHiero
Read more: https://t.co/1I9qPoxF6C pic.twitter.com/MVjvbW3Fp0
— Hedera (@hedera) September 16, 2024
While there are still questions about how the open-source community will use Hedera’s code, this is similar to making a book public and hoping everyone follows the same rules. There will likely be challenges and disagreements, but the goal is to create an environment where everyone can contribute and benefit. Stay tuned to Deythere for updates on how these developments unfold.
Hedera Hashgraph partnership, Linux Foundation, decentralized technology, Hiero
