Wednesday, February 19, 2025

Hedera Joins LF Decentralized Trust, Contributes Entire Source Code to Open Source Foundation

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In a groundbreaking move that underscores its commitment to transparency and open governance, Hedera has become a founding Premier Member of the newly launched LF Decentralized Trust. This initiative, spearheaded by the Linux Foundation, aims to foster a thriving ecosystem of blockchain, ledger, identity, and cryptographic technologies, including all projects under the Hyperledger Foundation.

In an unprecedented gesture, Hedera has contributed its entire source code, including the hashgraph consensus algorithm and core services, to this global open-source foundation. This project, known as ‘Hiero,’ marks the first instance of a public blockchain donating its full codebase to an independent foundation. As a project under LF Decentralized Trust, Hiero is set to drive innovation in decentralized applications, such as wallets, decentralized exchanges, and advanced cryptographic solutions.

Hiero will serve as a robust open-source distributed ledger technology, encompassing all necessary network software to deploy and operate a full public network while interacting with the Hedera network. This initiative is a testament to Hedera’s dedication to decentralization, transparency, and security, setting a new precedent for other blockchain ecosystems to follow.

The alignment between LF Decentralized Trust’s mission and Hedera’s values is clear. The foundation was established to provide a neutral, secure, and transparent platform for decentralized technologies, encouraging global collaboration. As a founding Premier Member, Hedera will join the Governing Board alongside industry leaders such as Accenture, DTCC, and Hitachi, guiding the future of decentralized systems.

While Hedera’s code now benefits from the Linux Foundation’s stewardship, the operational governance of the Hedera network remains with the Hedera Council. This transition not only strengthens the network but also ensures that security, integrity, and decentralization remain uncompromised.

Hedera’s involvement with LF Decentralized Trust is a significant milestone in its journey, as it continues to build the future of decentralized trust. The global community is eagerly anticipating the innovations that Hiero will bring, shaping industries, markets, and communities in profound ways.

To learn more about this pivotal development, read the full announcement here.


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Shree Narayan Jha
Shree Narayan Jha
Shree Narayan Jha is a tech professional with extensive experience in blockchain technology. As a writer for CoinsHolder.com, Shree simplifies complex blockchain concepts, providing readers with clear and insightful content on the latest trends and developments in the industry.

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