Hedera, a decentralized public network, has recently become a founding premier member of the Linux Foundation's decentralized trust initiative. The network has contributed its entire source code, including the hashgraph consensus algorithm and core services, to the foundation's new project called 'Hiero.' This move aims to promote global collaboration among developers on decentralized trust technologies in an open-source and inclusive environment. By transferring its codebase to the LF Decentralized Trust initiative, Hedera is signaling a significant shift towards decentralization. The Linux Foundation's GM of decentralized technologies, Daniela Barbosa, emphasized the importance of open-source development for decentralized technologies. Hedera's President, Charles Adkins, highlighted the benefits of the open-source model in fostering collaboration and interoperability, making technology adoption and innovation easier for developers. Additionally, Hedera and Cardano's IOHK recently joined the Decentralized Recovery Alliance, aiming to simplify user experience and enhance crypto recovery standards. Read more AI-generated news on: https://app.chaingpt.org/news