
Pros
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Free
Open source
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Yes, Webpack is completely free and open source. MIT license. Industry standard bundler.
Webpack is a JavaScript module bundler. Bundle assets, transform code, and optimize. Powers most web apps.
Vite is newer and faster for development. Webpack has more plugins and maturity. Vite for new projects.
Yes, huge ecosystem and enterprise adoption. Vite is gaining but Webpack isn't going away. Both have their place.
Source: webpack.js.org