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The GPLV2 is the predecessor of the GPLV3 which makes the GPLV3 the newest version. The GPLV2 was introduced in 1991 while the GPLV3 was launched in 2007. Since the GPLV2 is an older version of the GPLV3, there are differences between the licenses. The GPLV2 has a library exclusion that the GPLV3 doesn't have.

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