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Back in 2012, Adobe recognized that Flash’s end was near, with a five- to 10-year timeframe for its eventual phasing out.

Today, the company got specific: Flash will be supported through to the end of 2020, after which the Flash player will cease to be developed and distributed.
In the early days of the Web, Flash served an essential role, offering graphical and interactive capabilities that simply had no equivalent in plain HTML and JavaScript.
Since then, a raft of technologies—canvas for 2D graphics, WebGL for 3D graphics, HTML5’s video and audio tags, JavaScript interfaces for microphones and webcams, among others—have piece by piece eliminated the need for Flash. With, most recently, support for DRM-protected video being incorporated into HTML5, the need for Flash is largely eliminated.
As such, Adobe, together with Apple, Facebook, Google, Microsoft, and Mozilla, has planned to end-of-life the browser plugin.

The plugin will be fully supported and maintained until the end of 2020, with browsers such as Chrome and Edge continuing to embed and patch the plugin.

Adobe also says that in “certain [unspecified] geographies” it will move to end the support and use of the plugin more aggressively, due to widespread use of outdated versions of the software.
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