In a groundbreaking move, Hedera Hashgraph has become a Founding Premier Member of the Linux Foundation Decentralized Trust (LF Decentralized Trust). This move represents a significant milestone not just for Hedera, but for the entire blockchain community. By contributing its entire codebase, Hedera is reinforcing its commitment to decentralization, transparency, and open-source collaboration.
Hedera’s contribution, known as the Hiero Project, includes its advanced hashgraph consensus algorithm and all core services. This historic decision aims to drive innovation and foster a decentralized ecosystem for developers across the globe.
This contribution represents a historic moment in the evolution of decentralized networks and is setting a precedent for transparency and collaboration in the blockchain industry
Charles Adkins – President of Hedera Hashgraph, LLC
What This Means for Hedera and LF Decentralized Trust
The LF Decentralized Trust is an umbrella organization created by the Linux Foundation to support decentralized technologies. By becoming a Founding Premier Member, Hedera now sits alongside global enterprises such as Accenture, Hitachi, and DTCC as key contributors to this open-source initiative. As part of the LF Decentralized Trust, the Hiero Project will offer developers unmatched access to tools, resources, and governance models.
Charles Adkins, President of Hedera Hashgraph LLC, now serves on the Governing Board of LF Decentralized Trust, ensuring that Hedera’s goals of decentralization and collaboration are aligned with the broader ecosystem.
The Impact of Hedera’s Contribution: A Deeper Look at the Hiero Project
At the core of this partnership is the Hiero Project. This project makes Hedera’s entire codebase publicly available, including its revolutionary hashgraph consensus algorithm. Open-source contributions like these are critical to blockchain innovation. They enable developers to build decentralized applications, improve platform security, and develop new use cases.
By contributing our codebase to LF Decentralized Trust, as project Hiero, we are reaffirming our commitment to open governance and collaboration.
Charles Adkins – President of Hedera Hashgraph, LLC
By contributing to the Linux Foundation, Hedera joins the ranks of other prominent blockchain projects that have adopted open-source models. These include Ethereum, Hyperledger, and Tezos, which have all experienced accelerated development thanks to their open-source ecosystems. The Hiero Project will now invite global contributions, encouraging developers to build wallets, decentralized exchanges, private ledgers, and advanced cryptographic solutions.
Benefits for Developers and the Blockchain Ecosystem
For developers, this move creates a wealth of opportunities. Hedera’s code contribution under the LF Decentralized Trust equips developers with a robust, decentralized platform that offers security, scalability, and transparency. The open-source nature of Hiero enables developers to modify, improve, and build applications without restrictions.
We look forward to providing developers with unmatched access to tools and resources, creating an environment where decentralized applications can truly thrive.
Charles Adkins – President of Hedera Hashgraph, LLC
One of the most exciting aspects of this contribution is the support for diverse blockchain applications. Developers can now build decentralized exchanges, advanced cryptographic solutions, and SDKs, making the platform ideal for financial, gaming, and identity verification projects. This opens the door for global collaboration and innovation, enabling developers to build decentralized applications faster and more efficiently.
Moreover, this open-source contribution ensures transparency, a vital component for blockchain adoption. When developers can freely examine and contribute to a project, they help to build a more trustworthy ecosystem. This, in turn, drives more developers and businesses to adopt decentralized technologies.
A Milestone for the Blockchain Industry
Hedera’s contribution is a clear signal of its dedication to open governance and collaboration within the blockchain industry. Dr. Leemon Baird, Co-Founder of Hedera and Chief Scientist at Hashgraph, said that this contribution “marks a significant milestone for the open-source community”. By sharing its code with the world, Hedera is setting a precedent for transparency and innovation in the blockchain space.
This move will accelerate the development of decentralized applications in areas like DeFi, NFTs, gaming, and sustainability. With the Hiero Project, developers gain the tools they need to build more advanced and secure decentralized systems, driving the overall growth of the Hedera ecosystem.
Hedera’s Role in Shaping the Future of Blockchain
Hedera’s decision to join the LF Decentralized Trust as a Founding Premier Member is a transformative moment for the blockchain industry. By contributing its entire codebase and joining forces with the Linux Foundation, Hedera is taking a bold step toward a more decentralized and transparent future.
For developers and enterprises alike, the Hiero Project represents an unprecedented opportunity to build innovative applications on a secure, scalable, and open platform. As Hedera continues to push the boundaries of decentralized technology, the blockchain ecosystem will benefit from the transparency, collaboration, and innovation that open-source contributions foster.
For more information about Hedera’s contributions, visit Hedera’s official website and the Linux Foundation Decentralized Trust.
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