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The open source debate: Is crypto losing its soul?

Coin Telegraph LogoCoin Telegraph16h ago

The open source debate: Is crypto losing its soul? - Coin Telegraph

Quick Summary:

However, Mikko Ohtamaa, founder of Trading Strategies, said this misses the point.“Even if 99% of DeFi users are code illiterate and do not know what the code says, it takes only one honest person to debunk bad code and warn other users,” he said, adding that projects can still protect their intellectual property through licensing, citing examples like Uniswap v3’s business license model.

As a result, some projects opted for closed-source development to protect proprietary designs and reduce the risk of exploits, hoping to delay or deter malicious actors by making the code harder to analyze.

Proponents wants to keep crypto open sourceOne common argument for closing off smart contract code is that regular users do not read it, while malicious actors do.

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Article Details

Author / Journalist: Cointelegraph by Yohan Yun

Category: Crypto

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-04-30 @ 14:03:34 (16 hours ago)

News Timezone: GMT -5:00

News Source URL: cointelegraph.com

Language: English

Article Length: 947 words

Reading Time: 6 minutes read

Sentences: 44 lines

Sentence Length: 22 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Coin Telegraph

News ID: 28298897

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About Coin Telegraph

Coin Telegraph Logo

Main Topics: Crypto

Official Website: cointelegraph.com

Update Frequency: 38 posts per day

Year Established: 2013

Headquarters: United States

News Last Updated: 7 hours ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT -5:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #11

Publisher Details

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The story "The open source debate: Is crypto losing its soul?" was covered 16 hours ago by Coin Telegraph, a news publisher based in United States.

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Coin Telegraph is a fully independent (privately-owned) news outlet established in 2013 that covers mostly crypto news.

The outlet is headquartered in United States and publishes an average of 38 news stories per day.

It's most recent story was published 7 hours ago.

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  • News ID: #28298897
  • URL: https://rt-russian.beamstart.com/news/the-open-source-debate-is-17460183901762

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