As part of its ongoing decentralization efforts, the non-custodial cryptocurrency exchange ShapeShift announced on Thursday that it has open sourced the code for its upcoming second version of the platform, giving developers the opportunity to contribute to the iterative process.
ShapeShift’s v2 code base is now usable On Github, it makes it easier for developers to download it to a local drive. Josh Foreman, Engineering Workflow Leader of ShapeShift DAO, said: “This is an important step in our continued efforts to open source and involve the community in iterating the first comprehensive, multi-chain, community-built interface.”
The company also announced that open source developers can participate in bi-weekly community conference calls held on ShapeShift’s Discord channel. The conference will showcase presentations and discussions related to various product engineering topics.
Deformation is In the process of dissolving the company structure And completely decentralize its operations as part of the commitment to create an open, unchanging organization.As part of this process, the company announced plans to airdrop 340 million Native FOX token. More than 1 million users are eligible for airdrops.
Since the advent of Bitcoin, decentralization has been the driving force of the blockchain revolutionBitcoin) Pseudonym creator Satoshi Nakamoto A decentralized transaction method is proposed. Some of Bitcoin’s most enthusiastic supporters-known by the community as “Bitcoin maximalists”-believe that no other cryptocurrency has reached a level of decentralization close to BTC.
Although not every crypto-based project needs a decentralized value proposition to drive adoption, decentralization is seen as a way to solve the many dangers of centralized systems. Therefore, decentralization is seen as a philosophical approach and technical solution.