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Here's an introduction to TBC
TBC (Turing Bitcoin Chain) Introduction
1. Economic Model: The total issuance is 2.1 billion coins, of which 93.3% are permanently locked. The remaining 6.7% (142 million) will be generated through mining, which will take 100 years to complete, producing 42,500 coins daily. Currently, the market circulating supply is around 17.5 million, while the actual circulating supply is only about 12 million coins. The mining mechanism is the same as Bitcoin, with a Halving event every 4 years. By 2028, the total circulating supply will be around 65 million coins, with no further issuance.
2. Technical Features: TBC is the world's first public chain that implements Turing Complete smart contracts based on the Bitcoin UTXO model.
1. Technical highlights: Ultra high performance, theoretical TPS (transactions per second) exceeds 13,000+, which is 1,800 times that of native Bitcoin.
2. Ultra low fee: The transaction cost per transaction fluctuates around $0.0002, which is only one ten-thousandth of Ethereum's fees, and the transaction cost will never inflate.
3. Ultra fast speed: On-chain transaction confirmations have zero latency, achieving second-level confirmations, capable of meeting high-frequency payment scenario demands.
4. Economic Value: TBC's current market capitalization is less than one ten-thousandth of Bitcoin, and the future value growth potential is limitless.