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Typst is entirely open-source as well. Only the online overleaf-like system is proprietary.

> Compilation is faster, but so much more time is spent writing than typesetting.

Continuing in your vein of writing dismissive comments, the moment you actually start caring about how things look in your documents (you know, the reason why people use LaTeX), typesetting starts taking up a non-trivial amount of time. Not in the act of setting up the typesetting, but actually debugging it.