The subject of open source vs. closed source is the one that ignites headed discussions. The general consensus in the crypto community is that open source is the way to go. Open source solutions are considered much more transparent and secure, because they are peer reviewed, so it’s safe as it can get. Being open source opens the code to an unlimited number of inspectors who can quickly rectify any security issues that emerge. Besides, open source goes in line with the ethical code of Bitcoin introduced by Satoshi Nakamoto. Does that mean that developing a closed source or a partly closed source solution is simply bad tone when it comes to blockchain? The thing is, it’s not as straightforward as it might seem at first look. As of now, OWNR Wallet is not open source, which becomes the matter of our community concerns from time to time. This is why we would love to shed some light on this dilemma and our position. While the Linus’s law suggests that open source software has fewer bugs than its closed source counterpart, it’s not always that simple. Most bugs in open source apps are found in the process of code review. And while a big level of activity on Github is usually a sign of an actively developing project, this activity can often illustrate the statement of quantity not being equal to quality. Some bugs, the hard bugs, usually, the most crucial bugs, can only be found when a reviewer has experience, background and certain skills which may not be the case with beginner coding enthusiasts.
Why OWNR isn't open source
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