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Marketization of Open-Source
- Merit Systems is a start-up aiming to change fair market dynamics into the open-source ecosystem.
- The 2021 Log4Shell vulnerability was due to an overworked, under compensated maintainer due to the open-source model.
- A small percentage of open-source contributors or maintainers receive financial compensations for their work.
- GitHub revolutionized how open-source is written, shared, and improved, integrating seamlessly into global software supply chains.
- Attempts at solving the funding issue for open source have been unsuccessful, apart from Red Hat, who sold a safety and support layer over open-source.
- The current open-source model is a free-rider economy, resulting in vulnerabilities where maintainers are overworked, burnt-out, and undercompensated.
- Merit Systems showed a mission to introduce a version of “Open-Source Capitalism” and enable the open-source ecosystem to function more like a market.
- Merit Systems is building a software layer to create an automated ownership, payment, and attribution system for open-source projects.
- Merit Systems is betting that this new model could transform the open-source model for the better.
- Merit Systems believes that the market-driven solutions can work for the open-source industry and that, unlike past companies, they can solve the funding issue for open-source at scale.
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