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Hedera Throws Entire Codebase at Linux Foundation in Desperate Cry for Help: ‘We’re Still Relevant, Right?

Crypto NewsEthereumRegulation/Negotiation Doug Martinez September 16, 2024

A Hedera network is shown with a giant suitcase bursting open to release its codebase into the arms of Linux Foundation's logo, surrounded by swirling lines representing decentralization and collaboration.

Don’t get too excited about Hedera’s ‘generous’ contribution of its codebase to the Linux Foundation – it’s just a desperate attempt by this cryptocurrency also-ran to cling onto relevance in an industry that has lost all sense of shame and dignity. I mean, who needs profits when you can have open-source? It’s not like they’re doing this out of altruism or anything (although, let’s be real, if anyone actually thought Hedera was a good investment at any point during its existence is either an idiot or has no concept of irony). No, it’s just another case of ‘Hey, I’m still around and you should care!’ The Linux Foundation must be thrilled to have this… thing on board. It’s like inviting the crypto equivalent of herpes onto your platform – sure, some people might get a kick out of it (mainly those who are into that sorta thing), but for most sane individuals, it’s just an annoyance waiting to happen.

Source: cointelegraph

Hedera contributes entire codebase to Linux Foundation
https://cointelegraph.com/news/hedera-linux-foundation-hiero-decentralized-trust
Hedera, a decentralized public network, announced that it has become a founding premier member of the Linux Foundation’s newly launched decentralized trust initiative. The decentralized network contributed its entire source code, including its hashgraph consensus algorithm and all core services, tools and libraries, to the Linux Foundation. Hedera’s contribution, which forms the new project “Hiero,” aims to allow developers to collaborate on decentralized trust technologies globally under an open-source and […]

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About the author

Doug Martinez

Doug’s foray into NFTs was a monumental disaster, losing his entire life savings on digital junk that turned out to be worthless. Fueled by a mix of rage and disbelief, Doug crafts scathing, darkly comedic articles about the NFT madness. His writing cuts through the hype with bitter clarity, exposing the folly of the NFT craze. When he's not raging about his losses, he’s probably still trying to comprehend why he fell for this ludicrous scam.

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Disclaimer

The content presented on this site is intended solely for entertainment purposes and should not be taken as factual or reliable information. This site employs satire and humor to discuss global news, current events, finance, and cryptocurrency. The views expressed here are not meant to be taken seriously and do not represent the opinions of any individuals, organizations, or entities discussed.

Please be aware that the content may be exaggerated, fictionalized, or otherwise altered to create a comedic effect. It is not intended to provide financial advice, make accurate predictions, or offer any serious commentary on current events or financial markets.

Readers are encouraged to verify any claims or statements with credible sources and should not make any decisions based on the information provided here. This blog is not responsible for any actions taken based on its content. Always consult a qualified professional before making any financial or investment decisions.

Please do not hesitate to contact us if you have any questions or concerns.

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