deBridge is based on open-source software that makes use of smart contracts across various blockchain networks. Similar to many decentralized blockchain networks that are voted on by platform users, the deBridge governance will be governed by holders of the DBR tokens.
deBridge operates under the Business Source License (BSL) 1.1. This agreement incorporates copyright law and allows deBridge governance to restrict unauthorized commercialization of an entity’s source code until the end of 2022. During that time, the deBridge community will be the first to build out an ecosystem around the deBridge core codebase.
Why BSL 1.1?
While other licenses such as MIT, Apache and GPL exist, the BSL 1.1 provides a way to maintain the code while restricting unauthorized usage. The BSL 1.1 has no impact on deBridge integrations, but it prohibits other protocols from using the code in a commercial or production context until the end of 2022. deBridge protocol is bootstrapped by the foundation that will gradually pass control over the protocol to governance. This is expected to happen before the end of 2022 and BSL license will help to avoid forks and vampire attacks on the protocol during the bootstrapping phase before governance takes over control over the protocol.
After BSL ceases, the license will be automatically converted to a GPL, indefinitely. In case governance takes over control earlier, upon the voting the “Change date” can be set earlier. Users may be aware that another popular project in the space, Uniswap, initially used to be licensed under GPL, which led to copycat copies of the software drawing users away from Uniswap. By using a modified license agreement, Uniswap V3 tries to combat these potential copycat vampire attacks.
We’re looking forward to enabling a vast range of cross-chain interoperability and liquidity transfer features. We can’t wait to show everyone what’s ahead and to build out the ecosystem with our community, supporters, and partners. Stay tuned for more!
deBridge is a cross-chain interoperability and liquidity transfer protocol that allows truly decentralized transfer of assets between various blockchains. The cross-chain intercommunication of deBridge smart contracts is powered by a network of independent oracles/validators elected by deBridge governance. deBridge protocol is an infrastructure platform and hooking service for:
- Cross-chain composability of smart contracts
- Cross-chain swaps
- Bridging of any arbitrary asset and data
- Bridging of NFTs