In Historic Move, Hedera Contributes Entire Codebase to New Decentralized Trust Software Foundation as Hiero Project LAS VEGAS and SAN FRANCISCO and VIENNA , Sept. 16, 2024 /PRNewswire/ -- Today, Hedera and LF Decentralized Trust announced Hedera as a founding Premier Member of the newly launched Linux Foundation umbrella project. Hedera has also contributed the entirety of its source code—including its hashgraph consensus algorithm and all core services, tooling, and libraries—to LF Decentralized Trust.
Hedera's significant contribution has been approved as a new project, Hiero , further demonstrating its dedication to open source, decentralized trust, and empowering developers worldwide. "Hedera's commitment to community, governance, and open source development has been a cornerstone for its success," said Daniela Barbosa , General Manager of Decentralized Technologies at the Linux Foundation and Executive Director of LF Decentralized Trust. "Now, as a premier member, code contributor, and project maintainer, Hedera is building on that commitment and helping ensure there is a neutral home for the decentralized trust technologies and applications that are helping reshape the world.
As an open source foundation, LF Decentralized Trust exists to ensure the long-term stability of these critical technologies and encourage global, collective innovation in their development and deployments. Hedera's support as a premier member is critical to this mission." The source code cont.