Coding Company Github Faces Enormous Exodus After Microsoft Takeover

Github, the web-based central code hub that serves as a repository for most cryptocurrency projects, is facing an enormous exodus of projects to other alternative platforms. This happened just a day after Microsoft announced that they had bought the platform for 7.5 billion dollars yesterday, according to an article by The Verge.
Github has been a pivotal company for any project that has to do with coding online, that is, virtually everything. It offers a centralized hub for developers to host their coding projects and allows versioning control and collaboration between projects. It also houses most of the cryptocurrency code out there. Despite providing this great functionality, their core business was not going so well. They faced losses of more than 66 million dollars in 2016, and they were in search of a buyer to amend this. But the Microsoft takeover has not worked as expected.
It seems this takeover has unleashed a wave of distrust in the future of the platform’s future, and that has motivated unhappy developers to move their code to a new, more friendly company. Gitlab, a direct adversary of Github, has begun to see a rise in code migrations, as they tell on their official Twitter account.

They have also ironically congratulated Github for its Microsoft takeover, and since then have also taken advantage of the whole situation by offering discounts to their premium subscriptions of more than 75 percent of the original prices.

The vision of Microsoft of closed source software conflicts with the inherently open source trait of the projects hosted on Github. And, even if Microsoft has been more cooperative with open source projects, and has repeated over and over again that they won’t make significant changes to Github’s business model, the devs distrust them.
There has been no news of cryptocurrency projects leaving the platform so far, but if this trend continues, it won’t be long before big open source product follow suit and abandon Github for more friendly alternatives.

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