will it stay competitive in the market?
Agreed. No reason to make it open source. People will just rip it off.
As far as I know it will be open source code
No upside to being open source. Very few investors can read the code anyways. The one's that can are more than likely looking for an exploit. As a goodwill gesture, the team can do a partially open source but I wouldn't even do that. If you're building a bank, you don't post the blueprints to Facebook. You keep that close to the chest.
I agree... I wouldn't even make partially open source
the code is 100% open source and permissionless
Then other protocols can copy what Dag is doing
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