Introduction to TBC (Turing Bit Chain)

1. Economic model: A total issuance of 2.1 billion pieces, of which 93.3% is permanently locked. The remaining 6.7% (142 million) is produced through mining, requiring 100 years to mine completely, with a daily output of 45,000 pieces. The actual circulating supply is only about 12 million pieces. The mining mechanism is the same as Bitcoin, halving every 4 years, with no additional issuance.
2. Technical Features: TBC is a hard fork of Bit, sharing the same root as Bit. It also has the world's first Turing-complete UTXO (transaction model) smart contract, making it the smart contract layer of Bit.
1. Technical Highlights: Ultra-high performance, theoretical TPS (transactions per second) surpassing 13000+, which is 2000 times that of native Bit.
2. Ultra-low fees: The cost of a single transaction fluctuates around $0.0002, which is only one ten-thousandth of the Ethereum fees, and transaction costs will never experience inflation.
3. Unlimited scalability: The BTC block is only 1M, while the TBC block is 4G, which is 4000 times that of Bitcoin, and it can be infinitely expanded, offering enormous imaginative space ~