The collapse of FTX in 2022 is an important reminder that opaque, centralized services are prone to corruption. The rise of FTX was entwined with the rise of its founder, Sam Bankman-Fried. Trusting funds with FTX implicitly meant trusting SBF, which unfortunately ended up hurting many people. The obvious corrective…

The TEA Project’s latest WebAssembly upgrade to Wasmer has allowed us to make major improvements in our billing system. A major impetus for the upgrade is that we wanted the ecosystem to be fair, namely that end-users and app owners pay for the exact resources they use. Up until now…

Miner extractable value (MEV) is a problem that’s plagued DeFi across multiple blockchains. MEV is based on miners’ ability to add, remove, or rearrange transactions within blocks that can be gamed for financial gain. These are most commonly done with financial transactions as seen with front-running, back-running, and sandwich attacks…

Transition from Epoch 12 to Epoch 13 The TEA Project’s Epoch 12 is now winding down as January moves into February and the team finishes the upgrades ahead of the next epoch. Because Epoch 12 has lasted for so long, we’ve decided to award 2000 COFFEE to a wider range of competitors: 1400 COFFEE will be split…

TEA Project has designed its tokenomics with an eye on incentivizing positive outcomes in the ecosystem. This starts with our main TEA token, which has been designed with computational resource usage in mind. We also feature bonding curves, expiring NFTs, and novel taxation schemes in our token economy. …

Epoch 12 Successful Launch We’re excited to report that the Epoch 12 launch has been a success and is now running smoothly going on a month. What’s notable has been the strong uptake among community members as shown in the following stats: 10 CML nodes listed on the TEA Wallet homepage. 12 TEA Fluencer…

Discord Chat Announcement We will have a Discord chat December 14 at 8pm (GMT+3), European / Turkey time zone, 9am PST. This is a chance for the community to chat about TEA Project and ask questions. You can either text chat or voice chat or just listen, it’s up to you. You don’t…

Epoch 12 Has Launched The TEA Project’s Epoch 12 has launched on November 28th, 2022. This is the second Epoch where our layer-2 is using Ethereum as the underlying layer-1 blockchain. We’ve made multiple improvements that endusers will notice including the following: The deposit to run a state maintainer node has been reduced to…

What: TEA Project, which brings decentralized computing to the Ethereum blockchain, is launching its Epoch 12 testnet. Contestants will compete for their share of $1,000 worth of mainnet TEA tokens. Why it’s important: Did you know that blockchains like Ethereum aren’t fully decentralized because of their reliance on centralized hosting…