Layer 2 chain Goshen announces it is open sourcing its codebase to foster openness, collaboration, and participation from the blockchain community.
Goshen, a fast and affordable Optimistic Rollup L2 blockchain solution for Ethereum scaling, is pleased to announce the open sourcing of its codebase. The Ontology-incubated project is presently live on testnet, with a mainnet launch planned for later this year. The network intends to lessen the amount of time it takes for transactions to complete and boost throughput, all while lowering the cost of using gas and sustaining Ethereum’s decentralized nature and robust security.
Goshen will soon be launching a bug bounty program in tandem with the announcement that it would be open-sourcing its codebase. The goal of the program is to incentivize developers and security researchers to find and report vulnerabilities in the codebase. In the near future, specific data pertaining to the bug bounty, such as the scope, awards, and submission requirements, will be made public.
More Accessible and User-Friendly dApps
The goal of Goshen’s Optimistic Rollup L2 blockchain is to offer an alternative to Ethereum that is both faster and less expensive to use in addition to being highly compatible with the existing L1 codebase. This will help alleviate the problems of network congestion and excessive transaction fees. Goshen intends to bring about a paradigm shift in the blockchain industry with the assistance of Ontology by rendering decentralized applications (dApps) more approachable and friendly to end users.