TEA Project Launches Testnet Contest
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? Or that blockchains are generally limited to running smart contracts and not full, rich applications? The TEA Project is able to deliver fully-featured cloud computing apps while remaining completely decentralized. Our layer-2 runs on Ethereum (currently Goerli testnet) and we forecast that our mainnet will launch in 2023.
How anyone can benefit from participating: End-users like you help us see how our applications hold up under stress testing. Although it’s a testnet, you’ll be able to do the same things you’d be able to do when the mainnet is launched: run a node, use our apps (known as TApps), and invest in the various tokens in our ecosystem. Because you’re helping us test our product before it launches, we’re rewarding testers like you with $1000 worth of mainnet TEA token vouchers. All you need is a browser with MetaMask installed before visiting our main entry point for selecting an app host at wallet.teaproject.org.
You can find out more on how to participate by consulting our Epoch 12 guide as well as visiting our Telegram group.
Important Articles for Understanding the TEA Project
The following are a selection of articles to help you understand the design and function of the TEA Project.
One of the major reasons why we have epochs is to allow users to run test nodes on our network, aka mining.
TEA Hosting Nodes: The Backend for TApps
One of the primary aims of the TEA Project is to recreate traditional web2-style cloud computing on the blockchain. We…
TEA Hosting Nodes: “Dynamic” IPFS Gateways
The TEA Project uses IPFS throughout its tech stack as a decentralized data store. For example, TEA’s decentralized…
TEA Project Allows Privacy in the Home
The proliferation of IoT devices in the home is a trend that’s only going to grow from here. From home assistants to…
TEA Project allows web3 to move beyond smart contracts into fully decentralized cloud computing, which you can read more about here:
Moving Beyond Smart Contracts for Web3
A16z recently published a wide-ranging article on the technological, financial, and legal aspects of the emerging Web3…
The TEA Project can act as a layer-2 compute layer for multiple layer-1 blockchains:
The Game-Changer for TEA Project: Portability
Existing blockchains perform admirably in vouchsafing their trusted ledgers. What they have a problem with is…
If you’re interested in learning more about the TEA Project’s tech stack:
The TApps 3-tier Decentralized Tech Stack
TEA Project TApps are decentralized apps that are able to run fast and provide a rich user experience. It’s true that…
TEA Project’s Sources of Truth: Blockchain, Hardware, and Time
There are three sources of trust that the TEA project relies on: the blockchain, hardware, and time.
Proof of Time: How Google’s TrueTime Can Be Used in the Blockchain
Achieving strong consistency in a decentralized and distributed system is a difficult task. In a distributed database…
And for those who want to delve into the the philosophical underpinnings of the TEA Project architecture:
Why We Made the TEA Project
The TEA Project can be summarized on a technical level as decentralized cloud hosting that uses time instead of…
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…