The latest version of BuddyPress is 2.0, released on April 16, 2014.
If you’re interested in working on BuddyPress please check out the most recent revision from our Subversion repository.
svn co https://buddypress.svn.wordpress.org/trunk/
We have a Trac environment for reporting bugs, browsing code, and other developer-centric fun.
Check out our development page for more information.