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Open-source refers to a collaborative approach in software development where the source code of a software application is made publicly available, allowing anyone to view, use, modify, and distribute it. This approach fosters transparency, community participation, and innovation. Open-source projects often encourage developers from diverse backgrounds to contribute code, identify and fix issues, and propose improvements. The open-source philosophy promotes the sharing of knowledge and resources, enabling the creation of high-quality software that benefits both developers and users. Many well-known software applications, libraries, frameworks, and operating systems, including Linux, Apache, and Mozilla Firefox, have emerged from the open-source model. The success of open-source software has led to its adoption in various industries beyond software development.

Open source in Web3

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