The journey of Audacity had started in the year 2000 and since then many new features and versions have been introduced from time to time. Its latest version was released in the year 2018 for enabling the users to record audios, and then to add new effects in those audio files. It is open source software and can be downloaded for free. It offers a wide range of audio editing options. It can work on 32-bit audio plug-ins and is compatible with many file formats.