This article offers an in-depth analysis of the Parity Public License 7.0.0. It explores the origins, evolution, creator profiles, usage and adoption, dual licensing support, vulnerabilities, and success stories associated with the license. It also compares Parity Public License 7.0.0 with other prominent open source and fair code licenses such as the MIT License, GNU GPL v3, Apache 2.0, and the Open Compensation Token License (OCTL), while addressing key issues like fair code parity, commercial exploitation, and developer sustainability.