Worldwide Introduction of OpenST Mosaic Protocol: Scaling Blockchain Economies to Billions of Users

Watch the Keynote: OST announces OpenST Mosaic at the Upbit Developer Conference, Jeju, South Korea, 13 September, 2018

On 13 September, 2018 OST Co-Founder & Chief Blockchain Strategist Benjamin Bollen and I presented the OpenST Mosaic Protocol at the Upbit “Proof of Developer” conference in Jeju, South Korea.

Watch the Keynote

We believe that OpenST Mosaic is a viable on-chain solution for scaling apps on Ethereum to billions of users, without requiring any upgrades to Ethereum as it (proof of) works today. Mosaic will also scale even further with future upgrades to Ethereum as they are released.

OpenST Mosaic is presented in the context of Ethereum, Ethereum 2.0, Casper, Sharding, and Plasma.

Mosaic is a consensus protocol to run meta-blockchains on top of Ethereum. Each meta-blockchain runs in parallel and injects an additional state space into Ethereum. Each meta-blockchain is secured by Ethereum with an open, staked validator set. All transactions on meta-blockchains are asynchronously finalised and committed onto Ethereum. This enables tens thousand+ transactions per second on Ethereum — critical for mainstream adoption.

Mosaic is a companion protocol to the OpenST Protocol introduced 1 year ago. The Mosaic paper will be released around 1 October, 2018.

View the Slides