The open source debate: Is crypto losing its soul?

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.