JabrTheHut writes "An Australian team is seeking funding for bringing an interesting idea to market: cylinder engines without piston rings. The idea is to use small grooves that create a pressure wave that acts as a seal for the piston, eliminating the piston ring and the associated friction. Engines would then run cooler, could be more energy efficient, and might even burn fuel more efficiently, at least according to the article. Mind you, they haven't even built a working prototype yet. If it works I'd love to fit this into an older car."
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