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Author Topic: Cautious of the Web on open source  (Read 158 times)
Ambatman (OP)
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May 12, 2024, 10:58:32 PM
 #1

So I found out today that Bitget wasn't open source but searching online it usually shows that they open source
Same as trust wallet which was but no longer open source.
This is evidence that not everything read online is correct. Some sites even consider Ethereum as the most decentralized cryptocurrency.
I believe many had experienced cases similar to this before
Back to the topic
To find out if a platform is really open source
Search for them on github and check their repository or code to see if it's public or private
Public means is open sourced while private means closed.
Take notice of the date too
Some that were open source like Trustwallet might still leave their previous code online
Despite it already been changed.
There you can find yourself rather than relying on answers from the web.

DYOR is underrated.

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May 12, 2024, 11:13:24 PM
 #2

I don't think I get what you mean but exchanges usually do not release their open-source code.

All I could find on Github is bitget APIs and bots so you might be talking about their token?

Why not post the link here that says Bitget is open-source?
Or you maybe found a page that was created by scammers and not owned by Bitget?

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May 12, 2024, 11:21:42 PM
 #3

The first thing that you need to do is probably do not randomly goggle for things like this, rather go through their official sites directly best through the app and check for updates like this. Most at times platforms like this usually change their FAQ frequently and usually state it if they don’t longer support a thing.

If you check randomly you might be directed to either their old domain/site or an old blog that had their features there and didn’t update them again. From onset Bitget wasn’t even supposed to be an open source project, so I don’t get where you first saw that there are open source

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May 13, 2024, 02:08:57 AM
 #4

I don't think I get what you mean but exchanges usually do not release their open-source code.
I think Op us referring to the bitget wallet which is actually annoying to me, they claimed to open source whereas they are closed source though this Is not only from them other wallets has made similar statements while still being closed source, I guess it's for false marketing.

DYOR is underrated.
Actually what you discovered now is that, is not only about doing your own research but were you source information for doing source, that's why I prefer BTT or open platform were various individuals can comment on their view/experience on rather than believing information from bloggers.

R


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May 13, 2024, 04:20:03 AM
 #5

So I found out today that Bitget wasn't open source but searching online it usually shows that they open source
Same as trust wallet which was but no longer open source.
This is evidence that not everything read online is correct. Some sites even consider Ethereum as the most decentralized cryptocurrency.
It's because we can anything we like and google didn't want to take down domains that keep posting misleading information. If you search Bitcoin is scam, you will find there's an article will say same.

Search for them on github and check their repository or code to see if it's public or private
Public means is open sourced while private means closed.
It's not enough, as we can see all Bitkeepwallet aka Bitget wallet's repositories are public, but if you check the codes, they removed some part.

For Average Joe and people who don't want to spend time to check the codes, they can use this site https://walletscrutiny.com/ to know if it's open source or closed source.


https://github.com/bitkeepwallet

Code: (https://github.com/bitkeepwallet/download/blob/main/.gitignore#L49-L72)
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May 13, 2024, 05:16:19 AM
 #6

There was a time when I cared about open-source and closed-source software. But I haven't seen any open-source exchange yet. I don't think any exchange wants to publicize their codes, which may create their competitors. I have been actively participating in airdrops, so I had to download multiple wallets and sign up on various exchanges.

I use both BitgetWallet and their exchange. But I haven't heard if they are open source or not. Since my purpose is not to hold my funds, I am okay with the closed-source apps. For holding purposes, I use Electrum for Bitcoin. I don't have many alts, which is why they are currently on exchanges.

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May 13, 2024, 06:26:50 AM
 #7

So I found out today that Bitget wasn't open source but searching online it usually shows that they open source
Same as trust wallet which was but no longer open source.
This is evidence that not everything read online is correct. Some sites even consider Ethereum as the most decentralized cryptocurrency.
I believe many had experienced cases similar to this before
Back to the topic
To find out if a platform is really open source
Search for them on github and check their repository or code to see if it's public or private
Public means is open sourced while private means closed.
Take notice of the date too
Some that were open source like Trustwallet might still leave their previous code online
Despite it already been changed.
There you can find yourself rather than relying on answers from the web.

DYOR is underrated.

I am confused.

Bitget and open-source? You can't know that because it is a centralised exchange, so their codes should be closed from the public.

The trust wallet case is different, it is a crypto wallet, the last time I did some research about Trust wallet I get to know that it is half open source and closed source, but to me if a code isn't completely open source then it is closed source.

So I accept that Trust wallet is closed source, but still a great crypto wallet for everyday or weekly spending.

As for ETH, if you come across any sites saying it is decentralised they are using the outdated data because once upon a time Ethereum looked like a decentralised project, even the maker said so but abandoning Proof of Work algorithm shows how centralized ETH has become.

Thanks for the tutor about how to know if a project is closed or open source, mind you, if you are going to do this you will still need qualified personnel to look into the code for you even if they are open source, just because  project codes are open source doesn't mean it is safe to use.

The main reason why it is necessary for a project to be open source is because experts can check them and make sure it is safe for the public use.

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Ambatman (OP)
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May 13, 2024, 07:06:20 AM
Last edit: May 13, 2024, 02:19:17 PM by Ambatman
 #8

I don't think I get what you mean but exchanges usually do not release their open-source code.

All I could find on Github is bitget APIs and bots so you might be talking about their token?

Why not post the link here that says Bitget is open-source?
Or you maybe found a page that was created by scammers and not owned by Bitget?
I think you meant CEX usually or always doesn't show their source code to the public
But some DEX do.

here is the link and what are scammers going to gain from lying about the accessibility of their source code?


I am confused.

Bitget and open-source? You can't know that because it is a centralised exchange, so their codes should be closed from the public.

The trust wallet case is different, it is a crypto wallet, the last time I did some research about Trust wallet I get to know that it is half open source and closed source, but to me if a code isn't completely open source then it is closed source.

The web differs. Like I said its filled with misleading informations but it says that Bitget is decentralized.
But with it been closed source then that should be a lie too.
Trustwallet wallet changed when they were acquired by binance some years back
Though they claim been open sourced
They ain't really  one

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May 13, 2024, 07:35:22 AM
 #9

from what i know, bitget is a centralized exchange platform, so all of their platform development will be based on closed source. and so far there is not a single exchange that has been developed with open source, because it is related to user security and other considerations. personally, i don't really care whether a crypto platform is open or closed source, because the most important thing is the products and services they offer to users, whether they are reliable or not. because closed source is not always bad, and open source is not always good.

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May 13, 2024, 07:38:33 AM
 #10

There was a time when I cared about open-source and closed-source software. But I haven't seen any open-source exchange yet.
Centralized exchanges do not care to release their codes or their user's privacy, but some decentralized ones like bisq, unstoppable swap and others are open source.

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May 13, 2024, 11:19:24 AM
 #11

So I found out today that Bitget wasn't open source but searching online it usually shows that they open source
Same as trust wallet which was but no longer open source.
Firstly, try to understand how things work with CEX and crypto wallets (which one of them is the Trust wallet you used as a sample). Bitget is a crypto exchange website (technically CEX) and mostly all CEX mobile apps/wallets (whatever you believe them to be) can't be open-source since they work closely with the government rules and regulations making their app open-source like them showing you how the government treats your personal data.

This is evidence that not everything read online is correct. Some sites even consider Ethereum as the most decentralized cryptocurrency.
I believe many had experienced cases similar to this before
Ethereum is no longer a decentralized crypto ever since they changed their crypto consensus mechanisms

Back to the topic
To find out if a platform is really open source
Search for them on github and check their repository or code to see if it's public or private
Public means is open sourced while private means closed.
Take notice of the date too
Some that were open source like Trustwallet might still leave their previous code online
Despite it already been changed.
There you can find yourself rather than relying on answers from the web.

DYOR is underrated.
Thats but a wallet being an open-source does not mean it is also safe to use either.
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May 13, 2024, 02:50:04 PM
 #12

I don't think I get what you mean but exchanges usually do not release their open-source code.

All I could find on Github is bitget APIs and bots so you might be talking about their token?

Why not post the link here that says Bitget is open-source?
Or you maybe found a page that was created by scammers and not owned by Bitget?

I think that for security reasons their code is closed source. Another reason is that they want to hide their work from competitors.

Cex are not open source and they aren't supposed to be, AFAIK.

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May 13, 2024, 10:08:19 PM
 #13

I think you meant CEX usually or always doesn't show their source code to the public
But some DEX do.

here is the link and what are scammers going to gain from lying about the accessibility of their source code?


I get it now so you talking about the web3 wallet which is a completely different wallet than the Trust wallet and most of the exchanges don't have an open-source code for the web3 wallet including Binance and OKX.

Or maybe I can't just find any on Github?

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May 14, 2024, 07:37:19 AM
 #14

I think you meant CEX usually or always doesn't show their source code to the public
But some DEX do.

here is the link and what are scammers going to gain from lying about the accessibility of their source code?


I get it now so you talking about the web3 wallet which is a completely different wallet than the Trust wallet and most of the exchanges don't have an open-source code for the web3 wallet including Binance and OKX.

Or maybe I can't just find any on Github?

I am using OKX web 3 wallet to access my tokens in my hardware wallet, I believe it is not a open source wallet either.

OP at first I thought Bitget as a similar crypto wallet, maybe that was what you are talking about but I was wrong, Bitget has no wallet and that makes it a centralized exchange, they can never be open source lol.

Even if it says it is open source it doesn't mean it is, can you see their codes to check out of it is truly open source? Many companies in the crypto space are using open source as a way to attract people who can't verify open source or closed source.

There is never going to be a crypto exchange with open source because of security reasons, most of them will always be centralised and the others are decentralized, but these aren't saying they can be open source.

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May 14, 2024, 11:42:20 PM
 #15

It's not enough if someone can't understand the source code though. For instance, some projects may share the source code of some parts of their software but not the whole thing which could give a false impression to some folks not in the know. If the project is shady, they could try to pass the whole as open source and see if unsuspecting folks will fall for it.

For people who can't understand the code, unfortunately, we have to trust the community. IMO, it's crucial that it should've been left open sourced for long periods so there's a good chance more people have taken a look. How popular the project is, is also a variable at play.

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May 14, 2024, 11:59:04 PM
 #16

To find out if a platform is really open source
Search for them on github and check their repository or code to see if it's public or private
Public means is open sourced while private means closed.
Take notice of the date too
Remember that github is not the only source code repository online. Open source is now a marketing gimmick. Some open source project is not really open source, relying what you said will just cause confusion.

Remember there is fully open source project where you can build/compile the software/app using the release codes, well you can still install it in compiled already or other app distribution platforms like Play Store for androids and App Store for iOS.
Some are partially open source where it's just a gimmick to provide that the project is "open source" when it's totally not.

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May 15, 2024, 08:25:31 AM
 #17

Quite decisive when you relies so much on the social media with research and verification, you'd always get that misconceptions to believe what's not true.
While I don't want to go too further, let me just let you know that bitcoin is an attested open source crypto blockchain with a database and that's why it has been so much improved with the characteristics of transparencies this is not limited to other AltCoins but bitcoin is mostly sincere to fulfilment.

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