Hedera Takes Decentralization to New Heights as Founding and Principal Member of the Linux Foundation Decentralized Trust
Hedera becomes a founding and core member of the Linux Foundation’s Decentralized Trust project, contributing its entire codebase. This move strengthens open source collaboration and decentralization.
In a groundbreaking move, Hedera Hashgraph has become a founding and principal member of the Linux Foundation Decentralized Trust (LF Decentralized Trust). This step represents a significant milestone not only for Hedera, but for the entire blockchain community. By contributing its entire codebase, Hedera reinforces its commitment to decentralization, transparency, and open-source collaboration.
Hedera’s contribution, known as Project Hiero, includes its advanced hashgraph consensus algorithm and all core services. This landmark decision aims to drive innovation and foster a decentralized ecosystem for developers around the world.
What this means for Hedera and LF Decentralized Trust
The LF Decentralized Trust is an umbrella organization created by the Linux Foundation to support decentralized technologies. By becoming a premier founding member, Hedera now sits alongside global companies such as Accenture, Hitachi, and DTCC as key contributors to this open-source initiative. As part of the LF Decentralized Trust, the Hiero Project will offer developers unparalleled access to tools, resources, and governance models.
Charles Adkins, President of Hedera Hashgraph LLC, now sits on the Board of Directors of LF Decentralized Trust, ensuring that Hedera’s goals of decentralization and collaboration are aligned with the broader ecosystem.
This contribution represents a historic moment in the evolution of decentralized networks and is setting a precedent for transparency and collaboration in the blockchain industry.
Charles Adkins – President of Hedera Hashgraph, LLC
The Impact of Hedera's Contribution: A Deeper Look at Project Hiero
At the heart of this partnership is Project Hiero, which makes the entire Hedera codebase available to the public, including its revolutionary hashgraph consensus algorithm. Open source contributions like these are critical to blockchain innovation, allowing developers to build decentralized applications, improve platform security, and develop new use cases.
By contributing our codebase to the LF Decentralized Trust, as the Hiero project, we reaffirm our commitment to open governance and collaboration.
Charles Adkins – President of Hedera Hashgraph, LLC
By contributing to the Linux Foundation, Hedera joins the ranks of other prominent blockchain projects that have embraced open-source models. These include Ethereum, Hyperledger, and Tezos, which have all seen accelerated development thanks to their open-source ecosystems. The Hiero Project will now invite global contributions, encouraging developers to build wallets, decentralized exchanges, private ledgers, and advanced cryptographic solutions.
Benefits for developers and the blockchain ecosystem
For developers, this change opens up a wealth of opportunities. Hedera’s code contribution within the LF decentralized trust framework provides developers with a robust, decentralized platform that offers security, scalability, and transparency. Hiero’s open-source nature allows developers to modify, improve, and build applications without restrictions.
We hope to provide developers with unparalleled access to tools and resources, creating an environment where decentralized applications can truly thrive.
Charles Adkins – President of Hedera Hashgraph, LLC
One of the most exciting aspects of this contribution is the support for various blockchain applications. Developers can now build decentralized exchanges, advanced cryptographic solutions, and SDKs, making the platform ideal for financial, gaming, and identity verification projects. This opens the door to global collaboration and innovation, allowing developers to build decentralized applications faster and more efficiently.
Furthermore, this open-source contribution ensures transparency, a vital component for blockchain adoption. When developers can freely vet and contribute to a project, they help build a more trustworthy ecosystem. This, in turn, drives more developers and businesses to adopt decentralized technologies.
A milestone for the blockchain industry
Hedera’s contribution is a clear sign of its dedication to open governance and collaboration within the blockchain industry. Dr. Leemon Baird, co-founder of Hedera and chief scientist at Hashgraph, said that this contribution “marks a significant milestone for the open source community.” By sharing its code with the world, Hedera is setting a precedent for transparency and innovation in the blockchain space.
This move will accelerate the development of decentralized applications in areas such as DeFi, NFTs, gaming, and sustainability. With Project Hiero, developers gain the tools they need to build more advanced and secure decentralized systems, boosting the overall growth of the Hedera ecosystem.
Hedera's role in shaping the future of blockchain technology
Hedera’s decision to join the LF Decentralized Trust as a founding and principal member is a transformative moment for the blockchain industry. By contributing its entire codebase and joining forces with the Linux Foundation, Hedera is taking a bold step towards a more decentralized and transparent future.
For developers and businesses alike, Project Hiero represents an unprecedented opportunity to build innovative applications on a secure, scalable, and open platform. As Hedera continues to push the boundaries of decentralized technology, the blockchain ecosystem will benefit from the transparency, collaboration, and innovation that open source contributions foster.
To learn more about Hedera contributions, please visit the official Hedera website and the Linux Foundation Decentralized Trust.