Open Source Codebase

Definition ∞ An Open Source Codebase refers to the publicly accessible source code of a software project, allowing anyone to view, modify, and distribute it. In blockchain, this transparency promotes security through community review and fosters collaborative development. It is a foundational principle for many decentralized protocols.
Context ∞ The open source codebase model is a core tenet of the blockchain and cryptocurrency world, promoting decentralization and security through collective oversight. Debates often address the balance between transparency and proprietary development, as well as the governance mechanisms for managing contributions and implementing changes within these public code repositories.