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> An open source flash player will most likely be used standalone, and not in a browser.

It'll most likely be modified to run in browsers, too, e.g., via compilation to WebAssembly and suitable web-platform replacements for the low-level IO, etc., implementations.

There is Mozilla Shumway which is an open source Flash runtime in JS.

The jit won't port to current wasm, so it would be slow.

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