Layer 2 network, Base, has recently made a significant announcement that it will be building in the open, granting public access to smart contract codes. This decision is driven by the core values of transparency, accountability, and partnerships. Base aims to provide increased transparency by open-sourcing its smart contract repos on GitHub, allowing developers and the wider community to scrutinize and track the network’s progress.
The Importance of Open-Source
Explaining the rationale behind this decision, the team at Base emphasizes the importance of community involvement and feedback. By sharing the code and repositories with the public, Base encourages developers and creators to tap into the knowledge base, contribute their expertise, and refine the network’s implementation.
“Further, it provides a channel for valuable community feedback, whether it’s about improving documentation or spotting an overlooked bug. In this spirit, today we’re excited to share that we’ve open-sourced our smart contract and web GitHub repositories,”
This move towards open-source is also a response to recent incidents where bugs in closed-source projects have resulted in significant losses. Users and community members have been calling for greater transparency and the ability to audit blockchain projects’ code. Open-sourcing not only allows developers to learn and build on the code but also fosters decentralization and wider participation.