We already reported about Olive here and here, so here is just a short summary:
Olive wants to become a cross-system (Win, Linux, Mac) professional video editor software, which has been developed as an open source project for over a year. However, the project has been treading water lately - but that wasn't really the case. Because behind the scenes the program was reprogrammed from scratch and is now available as version 0.2 as alpha version for interested people.
According to experience software projects usually succeed better by such a second start, because one can use the experiences and errors of the first version with a new development really productively.
In fact, the reboot of the version jump from 0.1 to 0.2 has also been good for the features. Among other things, there is now even an integrated effect compositor that works node-based.
Color management has also been integrated into the engine from the ground up. Older programs where the color management was added later, this is usually noticeable.
And last but not least, as a highly interesting feature, there is now a disk cache that tries to keep the timeline constantly reactive.
At the same time, earlier uniquenesses of the program have been preserved. For example, we still find the ability to use the program without installation extremely handy.
A short test of the current version 0.2 already made a very good impression on us. If you are looking for an open source, portable editor, you should definitely give Olive a chance (and if you like or use it, support the brave developer via Patron).