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Has Zend Source Encryption Been Rendered Useless? 60

tinkertim asks: "Recently I happened upon this freelance job posting and was intrigued by the domain name suggesting Zend decoding. After looking around a bit and finding the sandbox testing, I realized this is not a gimmick. Reverse engineering used to be a service one had to look for at length, and now there's companies offering it hoping to get on the Google top 10. Obviously - they aren't afraid of lawsuits or police action. If Zend and Source Guardian are so easily broken, are PHP developers wasting their time? Should companies selling scripts just open source them now so they have some control over what seems to be the inevitable release of their code? And what happens when vulnerabilities in popular PHP based billing applications that rely on security via obscurity are found from released decoded source?"

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