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#TBC #TBC #TBC TBC🌱's latest project information
[Project Introduction]
TBC (Turing Bitchain)
[Core Positioning]
TBC, as the first ultra-high-performance Layer 2 solution to create UTXO smart contracts in the Bitcoin ecosystem, is the creator of the Bitcoin Virtual Machine (BVM). It breaks through the performance ceiling of BTC with its unique 4GB super-large blocks, over 13,000 TPS, and an ultra-low transaction cost of $0.0002, achieving Turing-complete smart contracts supported by native UTXO, enabling zero-encapsulation on-chain DeFi interactions for Bitcoin assets. At the same time, it connects atomic-level BTC-TBC cross-chain bridges and inscription cross-chain bridges, allowing miners to seamlessly migrate computing power using the SHA256 algorithm, thus building the next generation of super ecological infrastructure for Bitcoin.
Core Features of TBC
1. PoW Consensus Mechanism
Inherit the native SHA256 algorithm and POW mechanism of Bitcoin, allowing global miners to seamlessly connect and ensure network security.
2. Unlimited scalability of super large blocks
The block size reaches 4GB, which is four thousand times larger than Bitcoin, with a theoretical TPS exceeding 13,000+, surpassing the performance limits of traditional blockchains.
3. Everlasting non-inflationary transaction costs
Innovative dynamic fee rate model locks in a single transaction cost of $0.0002, which is only one ten-thousandth of the regular Ethereum transaction fee, laying the foundation for a micro-payment economy.
4. Layer-1 UTXO Smart Contract
The world's first Turing-complete smart contract system built on the Bitcoin UTXO model, compatible with native on-chain logic, and natively supports the entire ecosystem of DeFi/NFT/DAO.
5. Zero Confirmation Transaction
On-chain confirmation of transactions with zero delay, achieving second-level confirmation in real-world scenarios to meet the needs of high-frequency payment scenarios.
6. Bitcoin Operating System
Completely reuse the Bitcoin address key system, allowing users to switch between BTC assets and the smart ecosystem seamlessly without learning a new protocol.
The core modules completed by TBC
1. Complete the optimization of underlying BVM opcodes and start the detailed design of the next-generation smart contract construction platform.
2. Establish a cross-chain bridge between BTC and TBC on-chain inscribed assets to achieve interoperability of heterogeneous assets.
3. Build the API service infrastructure for generalized contract development.
4. Publish the TBC20 standard token protocol (comparable to ERC20).
5. Release the TBC721 standard NFT protocol (comparable to ERC721).
6. Launch TBC DEX token exchange and liquidity pool contract.
7. Launch of the BitBus project to achieve cross-chain inscriptions, enabling seamless migration of native Bitcoin inscription assets.
8. Launch the Nerve cross-chain bridge, supporting the cross-chain of dozens of public chains' USDT and other tokens.
Recent technical advancements of TBC
1. The Asia-Pacific Hackathon is about to start.
Global Developer Competition Focused on Bitcoin Layer 2 Innovative Applications.
2. First Batch of Ecological Builder Funding Program
Focus on supporting the construction of AI agents and have launched several MemeCoin-related projects.
3. The TBC staking agreement is about to be released.
Upgrade of the economic model based on the POW + Staking hybrid mechanism.
4. T11 Bitcoin Atomic Cross-Chain Micropayment Protocol Development Initiated
Support for trustless asset transfers between the BTC and TBC chains.
5. The first phase of the Bitcoin UTXO smart contract platform is about to be completed.
Supports cross-chain development of DeFi projects such as Ethereum.
6. Establishment of High-Performance Node Software Development Testing Framework
Support for enterprise-level distributed node deployment.
7. TBC Global Developer Roadshow Program
Technology evangelism activities covering North America, Europe, and Asia.
Technical Highlights Marking
• Block Breakthrough: 4GB block capacity is 4000 times that of the current Bitcoin block (1MB)
• Ultra-high performance: Theoretical TPS exceeds 13000+, which is 1800 times that of native Bitcoin.
• Ultra-low fees: The cost of a single transaction fluctuates around $0.0002, which is only one ten-thousandth of Ethereum fees.
• Bitcoin Smart Contract: The world's first Turing-complete UTXO smart contract, supporting the Defi ecosystem.
• Compatibility advantage: The only Layer 2 solution that supports the native BTC address system.
• Developer Friendly: Provides Bitcoin UTXO smart contract development tools, easy to use for migrating to the Ethereum ecosystem.
(Note: All technical parameters are verified through the TBC mainnet, and the code repository submission records can be tracked in real-time on GitHub)