Ontology

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.You can access the Goshen repository through the following GitHub link: <a href="https://github.com/goshennetwork" rel="noopener noreferrer nofollow">https://github.com/goshennetwork</a>. By making the codebase publicly available, Goshen aims to foster greater levels of openness, collaboration, and participation from the larger blockchain community. The initiative expects that this will assist in accelerating innovation and would increase the platform’s 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.<h2 id="header-0">More Accessible and User-Friendly dApps</h2>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.Goshen extends an invitation to all developers to join the Goshen <a href="https://discord.gg/Q7jJ83PtM6" rel="noopener noreferrer nofollow">Discord</a> #dev channel. In this channel, you will be able to discuss your ideas, inquire about technical matters, and work together with other developers who are enthusiastic about Goshen’s goal. The key developer of Goshen, Kenny, will be taking part in the <a href="https://discord.com/events/1015136533457682483/1100330869320843335" rel="noopener noreferrer nofollow">community call</a> that will be held on Thursday. Goshen requests that you don’t pass up this once-in-a-lifetime chance to interact with Kenny and acquire important new perspectives on Goshen’s growth and the project’s goals for the future.Goshen Network is a completely Ethereum-equivalent optimistic rollup protocol that makes use of a RISC-V machine to provide on-chain computing and offers a trustless Layer 2 environment in which transactions can be carried out. Goshen is just getting started, and the project can hardly wait to share more information about the project with you. Join the Goshen Network community on <a href="https://discord.gg/Q7jJ83PtM6" rel="noopener noreferrer nofollow">Discord</a> or follow the most recent updates about Goshen Network on <a href="https://twitter.com/goshen_network" rel="noopener noreferrer nofollow">Twitter</a>.

Goshen Aims to Promote Innovation and Security with Open Sourcing of its L2 Chain Codebase

Table of Contents

BlockchainReporter

Other articles published on Apr 26, 2023

Sekuya and Maja Labs: Collaborating to Showcase NFTs in the Metaverse

Microsoft Up 8.2% Premarket On Strong Earnings, Will Continue AI Push

Raiffeisen Bank Unit Partners With Bitpanda to Offer Crypto Trading

YachtingVerse Launches as the World’s First Marine-Themed Metaverse and SuperApp

Apple Removes Bitcoin Whitepaper from macOS Ventura Beta

Leader of an Identity Theft Crypto Scam That Stole $4M Pleads Guilty

Join our free newsletter for daily crypto updates!