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Overall Corona going open source is a good thing
Clearly, the move to open source has some Corona developers wondering what the future looks like for them and if it’s time to consider another platform that supports the LUA language, such as LÖVE (also open source), Codea, or MoaiSDK.
But when you consider how well Corona interprets the markup you write in LUA, and the thousands of API calls to various layers of the development stack are interpreted automatically, the fact that it’s free, and that they don’t collect analytics any longer about your app’s usage, I think developers should take a breath and remember that even though the 9 years worth of building the platform to where it is today is an incredible foundation for the open source community, it’s not a death nail because ultimately Corona still controls the daily releases of the SDK, along with the app builds which requires horsepower, internal staff, and a relentless barrage of management to keep up with OS changes.
There are other Corona components that are not open-sourced such as some plug-ins, the build infrastructure, and as usual the Corona Marketplace.
When Corona was acquired by Appodeal in March 2017, it was subsequently made free for public use. The eventual transition to an open-source model has been reportedly in the works since then so this should come as no surprise. It shouldn’t be of disappointment to Corona users though, rather a chance to reflect on where Corona has come from. Aside from the new source-code release rule, most every Corona feature that has been free since 2017 will still remain free, and the likelihood of the platform going away is almost non-existent.
They will still commit daily builds, you are still required to build in the simulator (or nativaly) and send the code to Corona servers for signing / compiling, and there is no change to the echosystem of making, and publishing apps using Corona.
Richard Harris in Open Source Tuesday, January 8, 2019