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Yes, containerd is free and open source. Apache 2.0 license. CNCF graduated project.
containerd is a container runtime. Manages container lifecycle. Used by Docker and Kubernetes.
containerd is the runtime inside Docker. Docker adds CLI and UX. containerd is lower-level.
Kubernetes deprecated Docker, uses containerd directly. Simpler, lighter, standard runtime. Same containers run.
Source: containerd.io