Glossary

This is a glossary of terms related to crypto, blockchain and Rain.

Open-source Software

What Is Open-source Software (OSS)?

Open-source software is a form of software whose source code is publicly available for anyone to examine, modify, and redistribute. Open-source software is often produced in an open, collaborative manner by a wide range of people. 

Transparency, open exchange, unfettered involvement, rapid prototyping, as well as community-oriented, collaborative development are all principles embraced by such projects. Whereas all open-source software agreements allow anyone to study, alter, and redistribute the source code, many demands that the original source code is made available to accompany the modified source code.

Difference Between Open-source Software and Closed-source Software

On the other hand, closed-source software has no available source code and can only be modified and distributed by the individual, team, or organization that produced it. Open-source software has advantages over proprietary software. 

While supporting the open collaboration attitude, which might possibly benefit both developers and users, this can also result in a better quality product due to the open call for participation, which brings in many different specialists from many industries. Fixing flaws may also be faster and less expensive than closed-source software since many participants may have the rights, access, and skill to address those issues.

Further Exploring the Concept of Open-source Software (OSS)

On the contrary, if open-source software is produced decentralized, without a single organization guiding the development process, it can take quite some time for the various contributors to agree on strategic decisions. 

To overcome this challenge, several open-source projects use specialized governance frameworks. The open-source software movement refers to the movement that wants to make all or most software available under an open-source license. 

This movement's objectives also include advancing open-source technology through the collaborative creation of high-quality code by like-minded individuals. Developers that embrace the open-source software movement produce and trade code willingly as part of the principle of open collaboration.

Rain is a Crypto-Asset Services Provider headquartered in İstanbul. Rain provides services to its users at financial institution standards.

RAIN KRIPTO VARLIK ALIM SATIM PLATFORMU ANONIM ŞIRKETI

Address: Maslak Mah. Sanatkarlar Sokak Eclipse Maslak Sitesi No:2 E Blok D: 9 Sariyer/Istanbul

Trade Registry No: 255526-5

Central Registration System No: 0734197139800001

E-mail: destek@rain.com

REM: rain@hs01.kep.tr

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