Hedera Hashgraph Becomes Linux Founding Premier Member

Bittime - Hedera Hashgraph officially becomes a founding premier member of the LF Decentralized Trust under Linux Ffoundation. Hedera also contributes all of its source code to support the development of open blockchain technology.

With source code contributions to the Linux Foundation, Hedera strengthens its commitment to decentralized technology development. Hear more about Hbar Hedera and a new project called Hiero.

On September 16, 2024, Hedera Hashgraph announced its achievement of becoming a founding premier member of LF Decentralized Trust in the shade Linux Foundation. This step further strengthens Hedera's position as one of the leaders in the blockchain world. 

With this participation, Hedera also contributed the entire source code, including the consensus algorithm Hashgraph underlying the Hedera network, to support open innovation in a decentralized technology world.

Hedera not only contributed the technology, but also became part of the project Temple, which will operate under an open charter from the LF Decentralized Trust. The project aims to expand the open source ecosystem through the development of innovative blockchain applications, including wallets, decentralized exchanges, as well as advanced cryptographic solutions. 

Hedera's participation in the project demonstrates its commitment to global collaboration and empowerment of the worldwide developer community.

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Hedera and the Linux Foundation: A Profitable Collaboration

Hedera becomes a premium memberis penisti LF Decentralized Trust, an entity founded by the Linux Foundation to support decentralized and open source technologies. LF Decentralized Trust serves as a neutral collaboration platform, designed to accelerate the development of blockchain, digital identity, cryptography and distributed ledger technologies.

Hedera's big step to donate its entire source code shows their commitment to fostering transparency and innovation. Project Temple Hedera will be under the supervision of the Linux Foundation and allow developers around the world to contribute openly. Additionally, Hedera maintains operational governance of its network through the Hedera Council, which ensures the integrity and security of the network.

According to Charles Adkins, President of Hedera Hashgraph LLC, this contribution is a major step in developing decentralized network technology. He cited Hedera's contribution to the LF Decentralized Trust as an important precedent in terms of transparation and collaboration in the blockchain world.

Hedera's Involvement in the Open Source Ecosystem

Hedera is known as a netan DLT (Distributed Ledger Technology) that is licensed, high performing and sustainable. With technology Hbar Hedera Innovative, the network has been a pioneer in providing real-world and digital asset tokenization solutions with exceptional levels of performance and security.

Hedera's participation in the Linux Foundation strengthens its position as a pioneer in the development of open source blockchain technology. Through this collaboration, Hedera provides developers with broader access to develop more sophisticated decentralized solutions. As part of the Linux ecosystem, Hedera also allows development of based applications Linux Hedera which can be used for various solutions in the blockchain industry.

This success is also supported by Hedera's participation in the Management Board LF Decentralized Trust, involving large companies such as Accenture, DTCC, and Hitachi. This collaboration aims to advance decentralized blockchain systems gglobal and create sustainable innovation in the open source ecosystem.

Conclusion

By becoming a founding premier member of the LF Decentralized Trust, Hedera strengthens its commitment to supporting the development of open source blockchain technology through the Hiero project. This move not only helps Hedera continue to innovate, but also encourages the development of decentralized technology worldwide.

The existence of Hedera dnatural ecosystem Linux Hedera ensuring that they continue to be a major player in the blockchain industry, with the support of the pen communitystrong open source hype.

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