Audacity is available for free on Windows, Mac OS, and Linux with source code available here.
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Audacity is constantly updated.
As it is not native software written for macOS, the user experience (UX) is not very great. The usual system wide macOS commands (e.g. keyboard shortcuts) do not work properly.
This cross-platform coded Software does look quite awkward on a Mac system compared to applications written in Swift.
You can only use effect plugins or record live with this DAW.
Users are unable to change effects in real time with Audacity. If effects are to be changed, no sound can be playing or recording.
Audacity uses destructive editing, meaning applying effects, cutting, etc is non-reversable after you've saved a project.
Audacity doesn't have the capabilities of popular Digital Audio Workstations (DAWs) and generally isn't considered to be good option.
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