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Watching Updates on the terminal be like:
(feddit.de)
I use Arch btw
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You can use pacman and makepkg for everything if you want. Alternative tools are for convenience.
On the other binary distros I don't have to compile third party packages myself though. And on Gentoo I use ebuilds for everything and they are super-easy to write, especially if you have a similar package as a starting point.