If these competitors are smart, they won't use the source code. Legally, they can be sued into oblivion. Best case, they clean room it. One person analyzes the code, writes about it, and then the developer makes their own code based on what they saw. No original code is included, which releases them from any liability. The code created is completely original, even though it might be based on copyrighted code.
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Oh anyone will be a fool to blatantly steal the code. Developers will be jumping on this opportunity to reverse engineer and learn from Twitch. The code goes all the way back to possibly justin.tv days. Engineers are going to learn so much from this. Competition is good.
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