#TBC# The era of TBC has arrived, are you ready?✌️


TuringBitChain #TBC# , referred to as TBC #TBC# , is a public chain based on the UTXO model, derived from the original Bitcoin protocol. Here are some of its features:
1. Technological Innovation: Starting from the basic TXID generation method, we have enhanced parallel performance and created a pure single-layer practical Turing-complete smart contract solution called TuringContract based on the UTXO model. This can implement all EVM logic and provide high performance at very low transaction costs.
2. Consensus mechanism and algorithm: Adopting the same POW consensus scheme and SHA256 mining algorithm as BTC, ensuring the decentralization and security of TBC.
3. Block parameters: The block interval is approximately every 10 minutes, the difficulty adjustment algorithm is Asert FastDAA, and the initial block size limit is 4G, which may be dynamically expanded based on circumstances.
4. Token Information: The token of the TBC public chain is called TBC Token, with an issuance date of February 15, 2024. The maximum supply cap is 2.1 billion, of which 93.3% exists naturally and is locked during the fork, while the remaining 6.7% is generated through POW mining.
5. Key advantages: It features decentralization, compliance and efficiency, unlimited scalability, as well as zero-confirmation transaction technology, allowing data storage, contract execution, and transaction transmission to be completed on a single chain. It also shares the same address as Bitcoin wallets and will implement a 1:1 mapping function with Bitcoin in the future.
6. Development History: In September 2021, the foundational invention technology was announced; in March 2022, the high-performance Layer 1 smart contract Turing - Contract with Turing completeness was released; in December 2023, the TBC Alpha test network was launched; on February 14, 2024, the mainnet officially launched.
TBC aims to unleash the potential of Bitcoin in participating in DeFi, NFT, LSD, and other ecological applications through the Bitcoin Virtual Machine (BVM), promoting the future integration of the UTXO BVM chain with the account model EVM chain ecosystem, creating a comprehensive underlying protocol to become a high-performance and Turing-complete blockchain infrastructure.
TBC-4.03%
BTC-1.76%
DEFI-10.32%
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Sunrisevip
· 08-25 00:12
TBC is leveraging smart contracts and data storage in the Bitcoin ecosystem to open a new chapter in the digital economy.
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