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4 days ago

TEA Project Monthly Report — July 1, 2022

Updated TApp Store Interface We talked briefly last month about the big update planned as far as moving away from the TEA browser wallet and having users log in directly to the TApp store. This newly updated TApp store would be the new entry point for users into the TEA Project ecosystem. We’re happy…

3 min read

TEA Project Monthly Report — July 1, 2022
TEA Project Monthly Report — July 1, 2022

4 days ago

Proposal: Efficient State Machine Usage Through Taxation

The TEA Project has a resource allocation problem it needs to solve: given that space in the state machine is limited, how do we protect this scarce resource? Additionally, the privilege to run the state machine and earn block rewards is another scarce resource that needs protecting. …

State Machine

5 min read

Proposal: Efficient State Machine Usage Through Taxation
Proposal: Efficient State Machine Usage Through Taxation

Jun 24

Could the TEA Network Lose Data During Downtime?

The world of centralized servers makes many assurances for customers worried about losing data during possible outages. Beyond SLA guarantees, there are fail-over servers and data backups (hopefully off-site) should a catastrophic event occur at the datacenter. But these guarantees all depend upon you as the customer trusting a centralized…

4 min read

Could the TEA Network Lose Data During Downtime?
Could the TEA Network Lose Data During Downtime?

Jun 22

TEA Project: the Next Leap Up From Blockchain

Sometimes you can’t imagine what’ll come next by only looking at what came before. In this post, we’ll look at different time periods in the past where a major crisis seemed insurmountable given the extant technology at the time. In each case, the problem was solved not by existing tools…

3 min read

TEA Project: the Next Leap Up From Blockchain
TEA Project: the Next Leap Up From Blockchain

Jun 18

Proposal: Using a Harberger Tax in the Global State Machine

The Harberger Tax is a type of taxation scheme designed to encourage the efficient allocation of finite (and therefore scarce) resources. There are specifically two resources related to the global CML nodes that the TEA Project ecosystem is looking to protect: The state memory. The global state machine nodes. The State Memory Developers…

5 min read

Proposal: Using a Harberger Tax in the Global State Machine
Proposal: Using a Harberger Tax in the Global State Machine

Jun 17

Bitrise Joins TEA Project’s Post-Seed Round

The TEA Project is pleased to welcome Bitrise Capital as an investor in our post-seed round. Bitrise Capital is a VC firm focused on blockchain, DeFi, and the emerging decentralized Web3 economy. They’ve also invested in mining projects and have a tract focused on IPFS, two points of connection they…

Seed Investment

2 min read

Bitrise Joins TEA Project’s Post-Seed Round
Bitrise Joins TEA Project’s Post-Seed Round

Jun 13

The Game-Changer for TEA Project: Portability

Existing blockchains perform admirably in vouchsafing their trusted ledgers. What they have a problem with is scalability, and they try to make an end-around their speed issues through 2 main pathways: • Attempting to increase scalability through tweaking the consensus mechanism. • Increasing scalability through clearing transactions off-chain, i.e. …

4 min read

The Game-Changer for TEA Project: Portability
The Game-Changer for TEA Project: Portability

Jun 10

Why COFFEE Is Necessary in TEA’s Testnet

All contestants participating in the TEA Project testnet must first secure a token called COFFEE. But what exactly is COFFEE, and why did the team design it the way it did? Let’s answer these questions by first examining how COFFEE has evolved from the very first testnet epochs. Epoch 3 — Introduction of COFFEE In the…

4 min read

Why COFFEE Is Necessary in TEA’s Testnet
Why COFFEE Is Necessary in TEA’s Testnet

Jun 3

The TEA Project’s 3 Types of Mining CML

Those new to the TEA Project might wonder why we have three different types of CML. This three-tier division actually coincides with the various functions that TApps need to execute within the TEA ecosystem. The TEA Project’s three types of mining nodes are as follows: Global CML nodes provide the…

Crypto Mining

5 min read

The TEA Project’s 3 Types of Mining CML
The TEA Project’s 3 Types of Mining CML

Jun 2

OIG Joins TEA Project’s Post-Seed Round

A New Investor Joins the Post-Seed Round Earlier this past month we announced the investors in our post-seed round led by Draper Dragon: The TEA Project Secures Second Funding Round to Build Web3 Decentralized Computing To further their aim of becoming the full-speed infrastructure provider for emerging Web3 dApps, the TEA Project has…teaproject.medium.com We’re happy to announce one more investor has joined our latest round, Oracles Investment Group (OIG). …

Funding

2 min read

OIG Joins TEA Project’s Post-Seed Round
OIG Joins TEA Project’s Post-Seed Round
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