Hello, everyone. Welcome to the 0x499 station. And today we have invited the CEO of TEA Project, George, and we have Eleanor as our host today. The TEA Project infrastructure, it’s great, it’s a solid infrastructure for Web3 application.
Q1. OK. So welcome George to our session, and then could you please introduce yourself a little bit and your project?
George: Yes, I’m of the TEA Project core team. I do content marketing at the TEA Project. Our founder is Kevin Zang. And we’ve been approximately working for the past 3 years trying to, basically, we’re an infrastructure project for Web 3. So we want people who are not wanting the data security, data privacy issues of Web 2, they obviously want to come to Web 3, and they need an infrastructure for the new Apps, and the new experiences that will be available without those issues. So that’s what we’re looking to build at the TEA Project.
Q2. Yeah, I actually saw your product is, you are also one of our portfolio firms. I think for the most audiences, TEA Project is not something that is kind of easy to understand. Can you introduce a little bit more that how your project help with the App builders? Like in which way you can like help them make a better one and help the consumer too?
George: Right. So right now, it’s to build on, let’s say, Google, very simple, very straightforward. You just deploy your code, you’d upload your code to their servers, and right now, if people want to go to Web 3, since there’s not a centralized server infrastructure like you have with Web 2, that means you have, a lot of time is spent by developers just looking for a satisfactory solution. So at the TEA Project, we’re looking to provide an integrated framework for developers, such that when they want to go to Web 3, if they go through the TEA Project, they can use our hosting, our billing model. Additionally, when you go to Web 3, you don’t know what computer language you have to use, some projects have their own competing languages, some projects want you to learn smart contracts or solidity, those are kind of new languages for developers, we have the TEA Project are saying that you can use whatever programming language that you’re comfortable with, as simply as, as long as it exports to web assembly format, which a lot of programming you just do. Additionally, our tech stack is the same three tier architecture that developers are used to in cloud computing, there’s a front end, there’s a server, layer, and then there’s even a database layer. So we want to be a simple way for developers for nearly Web 3 to on board with the least amount of hassle and fussy. So that’s why we’re building the TEA Project.
Q3. Awesome. Our topic today is the TEA Project infrastructure for full speed Web 3 DF, so what are the difference between Web 2 and Web 3 Apps?
George: Right. So the major difference is a centralization versus decentralization. So with centralization, that means like Web 2, you have centralization where Amazon owns the entire tech stack, right? So if, let’s say, Amazon goes down, then that means your APP goes down. If you anger Amazon anyway, then they’ll take down, they can take down your APP. So that’s kind of a basic huge difference, because in the TEA Project, all our money nodes, which is basically the infrastructure for a project, they’re all decentralized. So, as because people, anyone could be a minor, that means anyone’s code is distributed around a global network. And there’s no one central authority that can take an APP offline. So that’s a major difference. Another one is on data privacy and security. As long as Amazon, they can, they host data on their servers, on their central cloud servers, and of course, that’s a data privacy issue, because there’s a lot of hackers, a lot of breaking. So in our model, we have protected the execution environment. So that’s a much better, it’s a much better setup for data privacy.
Q4. Yeah, I remember when I talk to Kevin, though, I think he’s the founder of TEA, he said that like if there are some wars, the government may like just turn down like the Web 3 applications, but for the Web 3 Apps, they cannot do it. So like in this way, Web 3 Apps and like TEA Projects have advantage over them.
George: That’s correct, right. Because that’s actually a big censorship issue, because like for instance, Twitter is releasing a decentralized version of Twitter, called Blue Sky, but there’s still censorship involved, so with the TEA Project, Web 3, there’s no censorship, that’s a big philosophical difference between the Web 2 and Web 3 world.
Q5. Yes. So are there any other competitors beside like Twitter, the decentralized Twitter?
George: There’s various Web 3 projects, a lot, I’m not familiar with each one particular, but I guess that does have one difference is that, a lot of projects they still, even though the Web 3, they still rely on smart contracts, so that’s one big difference of the TEA Project is that we’re trying to go beyond smart contracts, we’re allowing a full rich compute instances to run on our infrastructure, whereas other projects are relying strictly on smart contracts, with smart contracts, the biggest problem is that they’re slow, because they do a traditional consensus. And one of the biggest innovations with the TEA Project is that we don’t do traditional consensus on our layer 2. And because of that, we can, so let’s say, that someone wants to run a social media APP on top of a theorem or on top of Avalanche. In our roadmap, we will run as a layer 2 on top of Avalanche, on top of the theorem, for example. That means that anyone can develop a full speed application on those networks without relying on slow smart contracts. So I think that’ll be a big innovation for Web 3.
Q6. Yeah, of course. Are there any competitors of TEA Projects currently?
George: Yeah, there’s a few, I think the biggest one that most people have heard of is Definity, also known as internet computer, they’re a very ambitious project, very big project. There’s a couple of differences that we have with them. One is that they require server class hardware for their money nodes. They, for instance, require at least two terabytes or more of ram, which is out of the reach of most miners. And that, of course, introduces centralization to the mining infrastructure. As contrast the TEA Project, we’re allowing anyone to use our GPS and TPM chips, which should cost around $100. Anyone who has that and has the Chameleon NFT will be able to mine on our network. So that will be good for decentralization within our mining infrastructure. Another big difference that we have with Definity is, Definity has their own programming language called Matoco.And so again, we have the same issue where people have to learn a new language when they come to Definity versus at TEA Project, we’re saying, ok, whatever languages you’re comfortable with C Sharp, JavaScript, Rust, it’s fine, you can continue using the same language, we have a database available, we have a three tier architecture. So they just need to export their programming code to web assembly, and it’ll run within the protected enclaves of our money infrastructure.So, yeah, that’s one big difference that we have with Definity.
Q7. Yeah, are there any other competitors beside Definity?
George: I think there’s another one called Acosh, to see Acosh there, one of the big selling points for their project is that they rent unused data center space from hosting locations, so with that, you have to trust the data center, like, obviously, that we’re getting the same APP, you have to trust these cloud server companies, and that’s something we want to get away from. So in the TEA Project, trust is inherent in the platform itself. So that you don’t…… anyone who’s untrustworthy on our network, we perform regular remote attestation to make sure that the nodes are who they say they are. And if they’re not, if anything has been altered within the hardware of a money node, then they get kicked off the network. So we don’t implicitly trust anyone we’re always checking, and as they’re not trustable, then over them for the network whereas in Acosh, because you have to trust a data center, you can never really do remote a testation on a data center, you just have to keep trusting them, and that’s something we want to avoid.
Q8. Yeah, and how do you see Web 3 is changing the lives of ordinary home users?
George: Yeah, there’s gonna be a lot of changes when Web 3 really becomes popular. One is that, for instance, a lot of people, they have their own health data, and the important data, it could even be genetic data. But a lot of it is stored on centralized servers, and the companies that are in charge of this data, they don’t necessarily do a great job of get keeping it, for instance, my cellular phone company is T Mobile, and they keep getting hacked, so that’s really disturbing.But we keep our private data on centralized servers, just because it’s convenient, because it’s been the business model so far, because there’s nothing better. So with the TEA Project, our model, we can have, but you can imagine, in a few years, you can imagine that we’ll have Web 3 gateways in the home, this could be embedded within a router, and what that does is allows code to travel to the home, so in our model, actual code, encrypted code can travel to the home, execute on the data within the home, and then the consumer gets the result back. So let’s say that they want a genetic testing done on their genetic data. Right now, in the Web 2 model, you have to use a company, and you have to send your genetic data to them, it’s kept on those servers, they can still get hacked, and that’s really important information. So if in the Web 3, with a TEA Project, you can imagine having your genetic data safe at home. And anytime you will need it, any genetic testing done on it, you would just call the particular App. And the App would come to you, it would execute the data in your home. And then it would just give you the result. So your important data is always at home. And part of our…… like I mentioned, like our latest funding round, we got Draper Dragon, part of that round. And then there was another company JDI global, who was part of that round, and they’re hardware space, so with them on board, we’re really looking forward to actually getting hardware into the home in the next few years.
Q9. Awesome. Could you update us a little bit about the current progress of TEA Project? Is it currently in testnet?
George: Yes. We’re currently in testnet where in Epoch nine, and we’ve, right now, we’re trying to move as much of our logic from……we have two layers, a layer one and a layer two. As we remove more of our logic from layer 1 to layer 2, that will make us even more portable to other projects, to other layer ones.So over the next few months, that’s gonna be a big emphasis going forward. So that’ll be really huge, and, yeah, so right now, we are in testnet, and any community members can join. And when they join, they’ll earn a testnet T and with the testnet T, they can convert that to mainnet vouchers, so when the mainnet launches, they will be rewarded.
Q10. Nice. I know a lot of audiences here are very interested in TEA Project, and I think like we would like to know like what are the best ways for us to participate in the community contest as the mainnet launch approaches?
George: Right. The first I would say is to join our telegram, we regularly do giveaways of T tokens. Another is for just being on this Twitter space, we are given away. We’re gonna make up for 99 block TF, and every TF in our TEA Project ecosystem has a TF token. So those become valuable, the more supply there is, the more the price goes up. So we will do that giveaway. But the ideal way is to, if you go to our homepage TEA Project.org, the upper right, you’ll see the link of the wallet. If you click the wallet, then you’ll see the actual sign up form for a contest.And within the sign up form, you’ll see the ability to buy coffee, and you used to use USDT on the chain network to buy some coffee, and with that, you can actually purchase either TF tokens, or you can also mine on the network. And if anyone has any questions about that, I would really invite them to ask them in our telegram.
Q11. And T tokens, what are the use case for T token currently? And how can users get T tokens? Is this listed on any exchange or stuff?
George: Right now, we’re on testnet, right, as mainnet, as we launched our mainnet, then it will be on……we have been in discussion with some exchanges, but right now we’re a little bit early, but for basically the use case for T tokens are to use the T Apps, ao when, let’s say, right now, we have the TEA Party T App. If you wanted to use that TEA Party T App to communicate with other people, you’d need to use some other token, they could be Ether or USDT or anything, you need to convert it to T, then with the T, you can use the T Apps. Yeah, the T token is the main token in our ecosystem.And additionally, we have Chamellia NTFs and those are mining licenses for people who want to on the network.