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THE BSD LICENSE EXPLAINED
The BSD license in layman's terms.
'Free software' in CoinLQ terms does mean free and open source. Not all our software is free, but what is free you won't ever have to pay for and its source code will be included and unlocked.
Our free software will be covered by a BSD license. But why a license when it's free? The BSD license is one of the most unrestrictive licenses out there, and we use it mainly to disclaim our responsibility for that software which it covers. So you may use it for whatever you want, but we won't take any responsibility if it blows up on you. It by all probability won't blow up on you (we use this software ourselves), but if it does we won't take responsibility for your losses. We certainly would be glad to hear about any problems you might have run into though, so we can fix those issues.
The BSD license we typically use is the BSD 2-clause license (the actual license included with the software could differ, so please check it), and the wording of that is this:
### BSD License (http://www.opensource.org/licenses/bsd-license.php) Begin ###
Copyright (c) 2017, CoinLQ (<EMAIL>)
All rights reserved.
Redistribution and use in source and binary forms, with or without modification, are permitted provided that the following conditions are met:
Redistributions of source code must retain the above copyright notice, this list of conditions and the following disclaimer.
Redistributions in binary form must reproduce the above copyright notice, this list of conditions and the following disclaimer in the documentation and/or other materials provided with the distribution.
THIS SOFTWARE IS PROVIDED BY THE COPYRIGHT HOLDERS AND CONTRIBUTORS "AS IS" AND ANY EXPRESS OR IMPLIED WARRANTIES, INCLUDING, BUT NOT LIMITED TO, THE IMPLIED WARRANTIES OF MERCHANTABILITY AND FITNESS FOR A PARTICULAR PURPOSE ARE DISCLAIMED. IN NO EVENT SHALL THE COPYRIGHT HOLDER OR CONTRIBUTORS BE LIABLE FOR ANY DIRECT, INDIRECT, INCIDENTAL, SPECIAL, EXEMPLARY, OR CONSEQUENTIAL DAMAGES (INCLUDING, BUT NOT LIMITED TO, PROCUREMENT OF SUBSTITUTE GOODS OR SERVICES; LOSS OF USE, DATA, OR PROFITS; OR BUSINESS INTERRUPTION) HOWEVER CAUSED AND ON ANY THEORY OF LIABILITY, WHETHER IN CONTRACT, STRICT LIABILITY, OR TORT (INCLUDING NEGLIGENCE OR OTHERWISE) ARISING IN ANY WAY OUT OF THE USE OF THIS SOFTWARE, EVEN IF ADVISED OF THE POSSIBILITY OF SUCH DAMAGE.
### BSD License End ###