Research: Open vs Closed Source

[CalebCurry]

Write up a summary of the pros and cons to open vs closed source.

Things to consider:

• Open source doesn't necessarily mean free to use for any purpose
• Open source development may be driven by crowdsourcing code
• Closed source development may be driven by financial incentives (often paid within a company)

Answering these questions:

In what scenario would we prefer open source?

In what scenario would we prefer closed source?

Does open or closed source affect the profitability of a project and if so in what ways?

Does it impact the ability for software to be competitive

How are many projects open source but still have funding for development (such as many blockchains)