RATE Group | You Won’t Have to Wait for This Ethereum Scaling Solution, It Works Now
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You Won’t Have to Wait for This Ethereum Scaling Solution, It Works Now

26 Sep You Won’t Have to Wait for This Ethereum Scaling Solution, It Works Now

Posted at 10:21h in Ethereum News by

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Ethereum is running at full capacity.

At least, that’s according to Afri Schoedon, the release manager for ethereum software client provider Parity Technologies. On Thursday, he warned due to the scaling challenges faced by the second largest blockchain by market cap to: “Stop deploying dapps to ethereum.”

The tweet caused an uproar, with ethereum creator Vitalik Buterin stepping in to defend the protocol, yet others lambasting the project and pointing to other blockchains as better solutions.

And while a number of (both layer-one and layer-two) scaling technologies are in the works, blockchain company OpenST thinks it’s new protocol, Mosaic, is ready to tackle those issues “here and now, rather than just many years into the future,” according to Jason Goldberg, the CEO of OpenST.

In an exclusive interview with CoinDesk after the project was first revealed at ethereum hackathon ETHBerlin, Goldberg highlighted that Mosaic requires no fundamental changes to the underlying…

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