- Hedera donated its entire codebase to the Linux Foundation Decentralized Trust (LFDT) in September 2023, launching the Hiero open-source blockchain project.
- Hiero has reached “graduated status” under LFDT, marking it as mature, widely adopted, and governed by an independent foundation.
- Nearly 800 contributors from over 80 organizations have participated, with more than 50 adopters using Hiero for real-world applications.
- Since February, the Hedera mainnet has run entirely on Hiero’s code, significantly reducing costs and speeding up cross-border payments and supply chain processes.
- Hiero’s community-driven approach aims to expand into global trade, digital identity, and sustainability tracking as its next phase of growth.
On September 16, 2023, Hedera donated its full blockchain codebase to the Linux Foundation Decentralized Trust (LFDT). This move established Hiero, the first public blockchain codebase managed by an independent foundation. The initiative aims to create software that is open, neutral, and governed by the community rather than any one company.
Since its launch, Hiero has become a community-driven project. According to project figures, nearly 800 contributors from more than 80 organizations have contributed, and over 50 groups are using Hiero to build products. Open elections have grown the Technical Steering Committee, adding leaders from various parts of the ecosystem.
Hiero consists of 28 code repositories licensed under widely-used open-source licenses. The system follows strict development practices, including automated testing and compliance standards. Partnerships with groups like the OpenWallet Foundation and Hyperledger AnonCreds have enabled projects such as decentralized identity tools and a Python software development kit (SDK).
According to Hedera, the transition to Hiero’s open codebase has had tangible effects. The Hedera mainnet, which now uses this open-source code, reportedly reduced cross-border payment costs from $40 to $0.10 and cut settlement times from days to under a minute. The project claims similar impacts in supply chains, such as improved data reliability and lower single points of failure.
LFDT’s “graduated status” is its highest recognition, reserved for projects proving sound governance, adoption, and sustainability. The neutral governance model is intended to ensure accountability and transparency. “Neutral code is the foundation of lasting trust as it’s open, transparent, and resilient enough to outlive any single actor,” project documentation states.
Looking ahead, Hiero plans broader applications in finance, global trade, digital identity, and sustainability tracking. Developers continue to build software components that allow users to verify trust throughout different processes.
For more information or involvement, interested parties may visit hiero.org or explore the project’s repositories on Ledger“>GitHub. Community membership in LFDT is also available through the LFDT community portal.
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