For numerous decades, the Harmony team has been a contributor to the open-source community.
People, ecosystems, sturdiness, openness, and sustainability are all reasons why open source is vital. Open source allows more people to participate in the initiative, enabling them to be a member of the team and participate. This expedites growth while also expanding the Harmony family.
Open source is also necessary for the development of an ecosystem. Other people should be able to look inside Harmony and see how it works if they want to build decentralized applications or develop other services that interact with Harmony, such as wallets. People may easily enhance the protocol and build a full ecosystem around it because it is open source.
A code that examines and is evaluated by as many individuals as possible is more robust. By making the code open-source, the network will be able to find and address any flaws sooner. Having a second set of eyes is usually beneficial. The team behind Harmony genuinely expects that individuals will go over their code and uncover any flaws so that they can fix them.
Harmony will become more resilient as a result. Transparency aides by open source. Transparency is essential for building trust. The team behind the initiative wants consumers to be ready to trust Harmony, so they’re making their development and coding as public as possible. We don’t have anything to hide.
Furthermore, open-source ensures long-term viability. The team believes Harmony will live on after them. This indicates that the team may need to delegate responsibility at some point. Harmony’s codebase is open source, allowing others to become stewards of the code and ensure its long-term viability.
Harmony released the code under the MIT license.
For one obvious reason, Harmony picked MIT over the many other prevalent software licenses: the MIT license is the most permissive. This means that anyone can do nearly anything with Harmony’s code as long as they credit the company.
This independence extends to selling products that include its software, as well as businesses that profit from the program. Thanks to the MIT license, no one has to be concerned about any legal difficulties arising from the use of Harmony’s code. They have the freedom to expand their ecosystem and use the technology Harmony has developed. Finally, the more permissive Harmony is, the more quickly its ecology emerges and evolves.