OpenSocial is a framework that allows developers to write code once that can run across multiple social networking platforms. It includes a JavaScript API and a generalized data API to access user data from different sites in a common way. The document discusses OpenSocial's security features like separate domains for iframes to prevent XSS attacks, and rate limiting. It notes that major sites like Hyves, Hi5, Myspace, and Orkut are implementing OpenSocial, with a timeline of Q1 rollouts on those sites. Google is also heavily committed to OpenSocial by contributing to specs and providing hosting.