The open source debate: Is crypto losing its soul?
Written by Ohris M. Greyoon, Blockchain & Crypto Expert
Shift from Open Source to Closed Source: The crypto industry is witnessing a trend towards closed-source development, driven by concerns over security and the desire to protect intellectual property, despite this contradicting the original ethos of transparency and decentralization.
Security Debate in Crypto: Recent incidents, such as the Solana Loopscale exploit, highlight that closed-source systems do not guarantee security, prompting advocates for open-source protocols to argue that transparency and community oversight are essential for trust and safety in decentralized finance.
About the author

Ohris M. Greyoon
Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.






