#TBC# #TBC# is the future BTC.

On-chain World: TBC builds a new paradigm of stablecoins with emerging market features through ultra-high performance UTXO smart contracts.
Project Dynamics
2025-07-20 13:00
Project Dynamics
Subscribe to this column
The UTXO model, through adaptive innovation and transformation, can grow into a digital infrastructure that serves the modernization of national governance.
Introduction: The Paradigm Revolution of Digital Governance
As global digital currency competition enters a deep-water zone, many countries are undergoing a strategic transformation from laying the foundation for Central Bank Digital Currency (CBDC) to modernizing governance capabilities. The traditional financial fund circulation system faces three deep-seated contradictions: subsidies face a "last mile" blockage in precise delivery, special fund supervision lacks penetrating traceability, and inclusive financial services show significant urban-rural disparities. These structural challenges urgently need to be addressed through technological innovation. The TBC public chain relies on the native genetic advantages of the Bitcoin UTXO model, and through ultra-high-performance block architecture, the world's first UTXO smart contract engine, and a three-dimensional collaborative innovation of atomic-level cross-chain interconnectivity, it provides an unprecedented technical paradigm for constructing a stablecoin system with emerging market characteristics. This is not only about choosing a technical path but is also a key vehicle for transforming national governance system advantages into governance effectiveness, with its core value being a fundamental change that realizes "the internalization of governance logic into the currency structure."
1. The Gene Restructuring of Systems and Technology: The Governance Revolution of the UTXO Model
1.1 Governance Dilemmas of Traditional Models
The account-based stablecoins dominated by the West (such as those based on the ERC-20 standard) have systemic flaws: the account balance system obscures the trajectory of fund flows, requiring the construction of complex tracing systems for financial audits; policy rules need to be implemented through the overlay of smart contracts, significantly increasing systemic risk and development costs; real-time network verification mechanisms are difficult to adapt to weak network environments such as remote areas and disaster scenarios; the dependency on account status leads to concurrency bottlenecks, unable to support the massive demand for hundreds of millions of electronic payments per day in large-scale economies. These technical characteristics determine that it is difficult to meet the core demands of emerging market governance systems for precise fund control and penetrating supervision.
1.2 Paradigm Breakthrough of UTXO Model
The UTXO architecture of Bitcoin inherited from TBC implements a deeply embedded governance logic through underlying genetic modification:
The triple leap in technological implementation:
1. Governance Unit Atomization: Each UTXO becomes an independent governance unit carrying complete policy attributes, achieving the "micro-particle" of financial funds.
2. Automation of Rule Execution: Compiling policy texts into executable on-chain scripts through BVM (Bitcoin Virtual Machine), forming an implementation mechanism of "code is law".
3. Regulatory verification localization: Transaction compliance is verified locally at the node, avoiding performance loss caused by global state synchronization.
1.3 Technical Transformation of Institutional Advantages
This architecture implements three major governance upgrades:
• Fiscal discipline becomes rigid: The restrictions on the use, time, region, and other conditions of special funds are embedded in the monetary data structure, forming an unalterable "fiscal constraint gene".
• Regulatory penetration: Build a full-chain penetrative supervision from the central financial level to the end user through the traceability code system carried by UTXO.
• Intelligent policy transmission: Trigger operations such as fund recovery and quota adjustment based on preset conditions to achieve dynamic and precise regulation of fiscal policies.
This "on-chain rules auto-execution" smart architecture not only ensures the rigid constraints of policy implementation but also maintains the flexible space for institutional adjustments, forming a digital currency governance paradigm that adapts to large-scale governance needs.
2. System Engineering of Performance and Scenarios: New Infrastructure for Inclusive Payment
2.1 Limit Challenges in Real-World Scenarios
Building an efficient and robust stablecoin system requires facing three major performance challenges: the instantaneous peak transaction pressure of millions of transactions generated during the large-scale centralized distribution of public projects; the extreme cost control that must be maintained in inclusive financial scenarios (single transaction <0.01 yuan); and the guarantee of payment continuity in weak network environments such as disaster-affected areas and deeply remote regions. These demands far exceed the design limits of existing blockchain systems.
2.2 Collaborative Innovation of Technical Architecture
TBC builds a complete solution through multi-dimensional technological innovation:
Blockchain Storage Revolution
With a 4GB basic block capacity and an elastic expansion mechanism, a single block can accommodate 2 million public welfare distributions. By utilizing TuringTXID hierarchical hashing technology, the storage requirements for validation nodes of TB-level blocks are compressed by 97%, allowing ordinary servers of local financial institutions to run full node validation.
Network protocol breakthrough
Innovative integration of Schnorr aggregate signatures and time-lock protocols: In a dual offline scenario, the beneficiary signs the transaction certificate through a hardware wallet and waits for the network to recover before broadcasting confirmations in batches, addressing payment difficulties in disaster relief and regions with weak network infrastructure. Tests show that payment validity is still ensured within 72 hours of network interruption.
Economic model optimization
Establish a dynamic fee mechanism based on byte valuation + market equilibrium: when transaction volumes surge and lead to fees deviating from the benchmark, block capacity automatically expands to maintain a stable cost of $0.0002 per transaction. This fundamentally avoids the risk of uncontrolled fee rates caused by price fluctuations of traditional on-chain currencies.
2.3 Strategic Layout of Inclusive Applications
This technical architecture can empower three strategic scenarios:
• High-frequency payment network: supports massive transaction scenarios such as public transportation and small micro merchants, with a daily capacity of up to 300 million transactions.
• Precision Financial System: Achieving full lifecycle management of special funds such as education subsidies and pension guarantees.
• Emergency Response System: Ensures uninterrupted fund dispatch for 72 hours in extreme environments such as natural disasters.
By building a collaborative system of "high-performance underlying technology + targeted governance rules", we provide financial support for the construction of modern governance infrastructure.
3. Governance Leap of Contracts and Cross-chain: Constructing a Three-dimensional Architecture
3.1 UTXO Smart Contract Revolution
The Bitcoin Virtual Machine (BVM), developed over seven years by TBC, has achieved a breakthrough from inherent constraints:
Architectural Innovation
By using dynamic data pruning technology, the size of smart contracts is compressed by 97%, allowing complex policy rules to run on low-end devices.
Execution paradigm
• Parallel processing architecture: Each UTXO acts as an independent smart contract container, supporting the synchronized implementation of differentiated policies across regions.
• Secure Isolation Mechanism: Utilizing the inherent isolation of UTXO to curb the spread of contract vulnerabilities, ensuring the overall robustness of the system.
3.2 Governance Integration of Cross-Chain Ecosystem
Build a multi-level infrastructure:
Conclusion: Governance Coordinates in the Digital Age
The TBC public chain reshapes the essence of currency through three-dimensional innovation:
Breakthrough in Technological Paradigms
The 4GB block not only carries transaction data, but also ensures the speed of large-scale inclusive payments; the BVM engine compiles not just smart contracts, but also a new paradigm for policy implementation; atomic cross-chain connections not only link blockchain networks, but also enable the collaborative evolution of governance systems.
Governance efficiency transformation
Fiscal discipline is achieved through technical rules that realize gene-level hardening, regulatory capabilities reach micro units through penetrating traceability, and the will of national governance is expressed digitally relying on on-chain architecture - this marks a historic leap in the enhancement of governance effectiveness.
Implementation of Development Concepts
Inclusive finance breaks through the "last mile" barrier, achieving precise drip irrigation-style allocation of social resources, significantly enhancing governance effectiveness—vividly illustrating the digital practice of the development thought of "universal and inclusive".
When each UTXO carries the value orientation of inclusive finance.
When each smart contract writes the practical logic of modern governance.
When each atomic cross-chain achieves unified and coordinated governance.
This system will ultimately prove that the UTXO model, through adaptive innovation and transformation, can grow into a digital infrastructure that serves the modernization of national governance. It is rooted in the soil of the modern market economy, extending its branches to shade social livelihood, with annual rings inscribed with the marks of technological innovation, and its growth direction pointing towards a future landscape of broader connections and collaboration — this is a key milestone in the history of currency development in the 21st century, a declaration of governance modernization written on the blockchain.