By moving all of its code to the Linux Foundation’s Decentralized Trust project, Hedera has taken a big step toward decentralizing open source. As of now, Hedera’s cutting-edge hashgraph consensus algorithm and all of its core services, tools, and libraries are part of a new project called “Hiero.”
With this important addition from Hedera, people from all over the world will be able to work together on decentralized trust technologies in a way that is open to everyone. As a starting premier member of this new venture, Hedera has also joined, making it a leader in the field of decentralized technology.
The Decentralized Trust project from the Linux Foundation wants to encourage new ideas and teamwork in a number of blockchain, identity, and cryptography technologies. Daniela Barbosa, General Manager of autonomous Technologies at the Linux Foundation, said that open-source development is very important for progressing autonomous technologies that will affect how businesses, cities, and apps work in the future.
This move to open source makes it easier for developers to use Hedera’s technology, which lets them work with other platforms and interact with it more easily. The head of Hedera, Charles Adkins, said that this move will speed up both creativity and adoption across all fields.
In addition to its work on open-source technology, Hedera is now a founding member of the Decentralized Recovery Alliance (DeRec Alliance), along with Cardano’s IOHK. They will work together to make rules and guidelines that will make crypto recovery easier and improve the user experience, which is a very important need in the open space.
Hedera’s move to make its codebase publically available is a big step toward more autonomy and teamwork across the whole industry. This will likely speed up the spread of decentralized technologies around the world.
