Primecoin vs MIT

Hi All,

I have a newbie question. I read some articles on cryptocurrency in the last few days. I saw the wikipedia article: mentioned about “The Primecoin source code is distributed under the MIT/X11 software license”. while ppcoin is not.

I want to understand the relationship between primecoin and MIT. Is it because primecoin is coded in MIT and not ppcoin?

It seems to me the source code of peercoin is under a general no-name, but free, license. I found it in the COPYING file in the root of the peercoin repo at github:

Meaning: yes, Primecoin is under the MIT-license, while Peercoin is not.

Note that I’m a newbie too, so please verify my statements, but I thought I should share what I found.