TEA Project: the Next Leap Up From Blockchain

The Great Manure Crisis of 1894

In 1894, the London Times predicted that “in 50 years, every street in London will be buried under nine feet of manure.” This didn’t end up happening but not because a better way to pick up horse manure was invented. While “thought leaders” and government officials were preoccupied with how to better shovel horse dung off city streets, Henry Ford was coming up with a way to mass produce cheap automobiles.

What About the Emissions from Automobiles?

Of course a solution always comes with problems of its own. In the case of automobiles, the world was about to get a lesson in both the incredible power of the combustion engine as well as the air pollution it produced. The pollutants spewed out by cars would end up contributing greatly to the crisis of global warming and ever-increasing CO2 emissions.

Can Blockchains Problems Be Solved With Traditional Blockchain Thinking?

Blockchain has been one of the most groundbreaking technologies introduced in recent history, yet it’s not without its discontents. There are two particular problems that have proved troublesome for blockchain to overcome:

  • The pollution and wasted energy that PoW blockchains produce as byproducts of its consensus.
  • The scalability problems that have affected smart contract based blockchains like Ethereum.

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