Home Source code The source code of Algorand Wallet is now open source

The source code of Algorand Wallet is now open source

23
0

In a recent blog post, it was announced that Algorand’s official wallet is now open-source and its codebase has been made publicly available, allowing the crypto community to develop and deliver features on its release. artwork.

“We are delighted to announce that Algorand Wallet’s official codebase has been open source and is now publicly available, adding that developers can now access its repository through the main organization GitHub,” said the protocol team.

“Open source” is the term used to refer to a form of software distribution where the source code is made public and available to anyone who wants it. Programmers can then read or modify the code if they wish. He is directly opposed to “closed source” where everything that happens behind the scenes cannot be seen by the public.

Algorand and his worries

A high-speed blockchain, Algorand relies on a two-tier structure and a unique variant of the Proof-of-Stake consensus mechanism to increase its transaction speeds and achieve block finality.

It is considered to be one of the first large-cap crypto projects capable of giving staking capabilities to holders who simply need to hold a minimum amount of ALGO in their supported wallets to take advantage of the staking rewards.

However, the project has been criticized because its official wallet was closed-source, opposing the general principle of blockchain protocols to be community-governed, decentralized and free from censorship.

Algorand goes open source

According to Ian Cross, developer at Algorand, the goal of their portfolio is to give their community a safe, reliable, convenient and powerful way to interact with the products of the Algorand ecosystem and its blockchain network.

“As part of this mission, we believe that making our code open source is critical to the success of the project,” he said.

The update implemented by the team was in response to one of the biggest requests from the community and has so far garnered a favorable response in social forums.

Image courtesy of Cointelegraph News / YouTube

Micky is a news site and does not provide trading, investing, or other financial advice. By using this website, you affirm that you have read and agree to abide by our terms and conditions.
Micky Readers – You can get a 10% discount on FTX and Binance trading fees when you sign up using the links above.


Source link

LEAVE A REPLY

Please enter your comment!
Please enter your name here