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Zed is now open source
(zed.dev)
Aw shucks. Its not the game.
Holy crap that's a blast from the past!
How does it compare to VS Code?
Currently, it is non-extensible - or at least it lacks a plugin system. It is also OSX only, which is obviously a downside if you're not on that platform, however it doesn't run on electron and should be far more performant. Here are some measures taken by a user last year.
An unofficial community for news and discussion about the Zed Code Editor.
Zed is open source.