{"id":37868,"date":"2024-09-16T11:45:04","date_gmt":"2024-09-16T11:45:04","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/hedera-joins-linux-foundations-decentralized-trust-project\/"},"modified":"2024-09-16T11:45:04","modified_gmt":"2024-09-16T11:45:04","slug":"hedera-joins-linux-foundations-decentralized-trust-project","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/hedera-joins-linux-foundations-decentralized-trust-project\/","title":{"rendered":"Hedera joins Linux Foundation\u2019s Decentralized Trust project"},"content":{"rendered":"<p><b>(Originally posted on : CoinJournal: Latest Crypto News, Altcoin News and Cryptocurrency Comparison )<\/b><br \/>\n<\/p>\n<div>\n<div class=\"post-article-image  -mt-24  mb-8  lg:-mt-32  rounded  overflow-hidden\">\n<picture><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2021\/12\/1639986683314-cb879bfb-f3a2-4243-8520-5e45aa73a0e1-smartcrop-750x375.webp\" type=\"image\/webp\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2021\/12\/1639986683314-cb879bfb-f3a2-4243-8520-5e45aa73a0e1-smartcrop-363x181.webp\" type=\"image\/webp\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2021\/12\/1639986683314-cb879bfb-f3a2-4243-8520-5e45aa73a0e1-smartcrop-750x375.jpg\" type=\"image\/jpeg\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2021\/12\/1639986683314-cb879bfb-f3a2-4243-8520-5e45aa73a0e1-smartcrop-363x181.jpg\" type=\"image\/jpeg\"\/>\n<\/picture>                    <\/div>\n<ul>\n<li>Hedera announced it had joined the Linux Foundation Decentralized Trust project as a founding member.<\/li>\n<li>The initiative includes contributing its entire source code to the LF Decentralized Trust.<\/li>\n<li>HBAR price traded largely lower amid the news, although it was signalling a potential uptick.<\/li>\n<\/ul>\n<p><a href=\"https:\/\/coinjournal.net\/hedera\/\">Hedera<\/a> has joined the Linux Foundation\u2019s newly launched Decentralized Trust project as a founding premier member, according to a news release published on Sept. 16.<\/p>\n<p>But Hedera hasn\u2019t just become a member of the LF Decentralized Trust.<\/p>\n<p>Per the details shared in the <a href=\"https:\/\/hedera.com\/blog\/introducing-hiero-the-foundation-of-the-future\" target=\"_blank\" rel=\"noopener\">company blog<\/a>, the blockchain platform has taken a bigger step in promoting decentralization in the blockchain and crypto space. That\u2019s by contributing its entire source code, including the Hashgraph consensus algorithm and its network\u2019s core services, to the Linux Foundation.<\/p>\n<h2>The Hiero initiaive<\/h2>\n<p>Charles Adkins, the president of Hedera, said that this new direction for the blockchain ecosystem will evolve via a new project named Hiero.<\/p>\n<p>The new project begins the next innovation chapter for Hedera and the broader ecosystem, driving key applications such as wallets, cryptographic solutions, decentralized exchanges and software development kit, or SDK.<\/p>\n<p>As well as contributing code, Hedera joins LF Decentralized Trust\u2019s governing board, which also comprises Accenture, DTCC, and Hitachi.<\/p>\n<h2>What next for Hedera?<\/h2>\n<p>According to Adkins, the Hedera Council will continue to handle the network\u2019s governance.<\/p>\n<p>\u201cOur commitment to the Hedera ecosystem remains unwavering. While Hedera\u2019s code now benefits from the stewardship and vast resources of the Linux Foundation, the operational governance of the Hedera network remains with the Hedera Council,\u201d Adkins wrote.<\/p>\n<p>Benefits of the transition include security, integrity and decentralization. It also provides for a robust ecosystem for developers.<\/p>\n<p>Hedera\u2019s contribution to the Linux Foundation, adds to the platform\u2019s participation in the Decentralized Recovery Alliance. Hedera joined DeRec Alliance alongside Cardano\u2019s IOHK in early September.<\/p>\n<p>HBAR, the native token of the Hedera ecosystem, traded around $0.05 at the time of writing. The altcoin\u2019s value was down 2.8% in the past 24 hours.<\/p>\n<div class=\"post-meta\">\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Share this article<\/h6>\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Categories<\/h6>\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Tags<\/h6>\n<\/p><\/div>\n<\/p><\/div>\n<p><a href=\"https:\/\/coinjournal.net\/news\/hedera-joins-linux-foundations-decentralized-trust-project\/\">Source link <\/a><br \/>\n<br \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Originally posted on : CoinJournal: Latest Crypto News, Altcoin News and Cryptocurrency Comparison ) Hedera announced it had joined the Linux Foundation Decentralized Trust project as a founding member. The initiative includes contributing its entire source code to the LF Decentralized Trust. HBAR price traded largely lower amid the news, although it was signalling a [&hellip;]<\/p>\n","protected":false},"author":13,"featured_media":37869,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0},"categories":[35],"tags":[],"_links":{"self":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/37868"}],"collection":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/users\/13"}],"replies":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/comments?post=37868"}],"version-history":[{"count":0,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/37868\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media\/37869"}],"wp:attachment":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media?parent=37868"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/categories?post=37868"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/tags?post=37868"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}