ComingChat in Tea Project, Paving the Way towards Web3.0
ComingChat, a global Web3.0 leader in blockchain, today announces a strategic cooperation with Tea Project, a Full Speed Decentralization Layer for Web3.0, combining the best of blockchain and cloud computing.
TEA Project (teaproject.org) is a decentralized cloud computing platform with the scalability to meet the computing needs of the emerging Web3 ecosystem. Existing blockchains are limited by scalability and cannot meet the large-scale computing needs typical of Web3, and their add-on solutions (such as L2 and sharding) also fall short of the mark.
TEA Project is able to achieve blazing fast app execution speed while maintaining decentralization through its novel two-layer blockchain consensus setup. Its layer-1 confirms if a node is trustable by using its onboard hardware TPM chip to perform remote attestation verifying the execution environment where the code was run. The layer-2 blockchain can then run dApps at full speed on nodes that have been confirmed as trustable by layer-1.
TEA Project uses GPS time to order transactions, reaching finality faster than competing blockchains like Solana. By leveraging the technology of trusted hardware, TEA Project can achieve the needs of large-scale, high-frequency apps while ensuring permissionless decentralization and privacy protection.
It believes that TEA Project is the perfect combination of Cloud computing and blockchain technology. What makes it a game-changer in the Web 3.0 era is its unique approach, the so-called “Proof of Trust” model, TEA Project leverages existing hardware security modules to achieve a secure computing environment that’s both trustable and scalable. TEA Project leverages existing hardware security modules to achieve a secure computing environment that’s both trustable and scalable. TEA Project ecosystem achieves trust through the self-interested actions of the miners on its network.
TEA miners are economically rewarded for running nodes that, through remote attestation, ensures that any TEA mining nodes hosting apps on the network haven’t been tampered with. These attestations query the information stored inside each mining computer’s hardware security module, and the reports are stored directly on the blockchain.
TEA Project has a global team of professional developers with extensive experience in the computing, blockchain and storage industries.
As the world’s leading Web3.0 company, ComingChat is well aware of the inevitable trend of developing blockchain computing applications, so it sees the huge potential and opportunities that TEA Project can bring to the development of Web3.0.
About Tea Project
TEA Project achieves blazing fast app execution speed while maintaining decentralization through a unique two-layer blockchain consensus setup leveraging trusted hardware and GPS.
ComingChat’s mission is to build a metaverse for the entire ecosystem. With the economic structure of Bitcoin, it aims to reshape the digital economy system for billions of people around the world by building a simple, secure, and private global payment system and financial infrastructure. It further strengthens the interaction between the Internet and the real world by serving as a gateway for users to enter the Web3.0 world where a programmable identity system is established with CID as users’ digital identity, thus achieving unprecedented interoperability.
It will be a trustworthy, and user-centered metaverse platform that enhances user interaction services including:
- Decentralized social system
- Bitcoin wallet
- NFT ecosystem