7 open source innovations on the cutting edge

Think open source doesn’t innovate? Think again. Here are seven projects that are exploring exciting new directions in computing -- for free

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Open source innovation: Bitcoin


Alternative currencies for e-commerce have been attempted many times, but never quite like Bitcoin. Backed by a “digital gold standard” based on the contribution of CPU cycles to solve calculations for grid computing projects, Bitcoin relies on public/private key cryptography to facilitate electronic trading in a completely anonymous, secure, peer-to-peer fashion. Unlike past attempts at digital currency, no dedicated servers manage Bitcoin transactions. Instead, all “banking” functions are distributed across individual nodes on the Bitcoin p-to-p network. (Click to enlarge screenshot.)


See also:

InfoWorld's Best of Open Source Software Awards

Top 10 open source apps for Windows, at a glance

Top 10 open source apps for Mac OS X

Top 10 Open Source Hall of FamersOn Teaching Open Source Development

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Republished with permission from InfoWorld (view original version)

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