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OST Chief Blockchain Scientist Benjamin Bollen presents OpenST Mosaic Protocol for the first time at ETH Berlin, 7 September, 2018.
OpenST Mosaic is a protocol for scaling DApps on Ethereum to billions of users. While much of the scalability work on Ethereum is focused on off-chain solutions or preparing for ETH v2.0 in several years, Mosaic is token-sharding at layer2 that will work right now on ETH v1.0 (and later ETH v2.0).
OpenST 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.
Mosaic has a message-passing protocol between Ethereum and meta-blockchains (later directly between meta-blockchains).