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Mahāvīra’s significance for Jaina philosophy is comparable to that of his contemporary, Buddha, for Buddhist philosophy. Both are regarded as the source of ideas, concepts and categories with far-reaching implications for later philosophical activity. In their respective traditions, both Mahāvīra and Buddha are recognized as enlightened or omniscient beings because they grasped the essential nature of reality, human life and the world. The teachings ascribed to them were at first passed on orally and were compiled into their present form several centuries later.