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https://www.gate.com/announcements/article/45974
On Wednesday, Bitcoin faced strong resistance after a morning rally peak at 120241, with an overall downward trend during the day, reaching a low of 117816 in the afternoon. The Ethereum trend faced downward pressure after peaking at 3764 in the morning, hitting a low of 3638 in the afternoon, providing a downward space of over 100 points. The short positions laid out in the morning all had profits! The structure is in a consolidation phase, turning into a weak downward trend while correcting and accumulating downward momentum. The short-term high points are moving down, with a winding step down, and repeatedly testing a low point increases the chances of a breakout. Currently, the fluctuation base is large, and operations continue to follow the trend, mainly focusing on rebounds and shorts. Whether the after-hours market can continue to release space depends on the trends and changes in the US stock market and trading volume. For more details on the layout, follow the Yi Bo live channel to discuss together! #山寨季来了?# #稳定币监管风暴# #KOL星火计划破千#
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 produced through Mining, requiring 100 years to mine out, with a current daily output of 42,500 coins. The current 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 every 4 years, and 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 based on the Bitcoin UTXO model that implements Turing Complete smart contracts.
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 Fees: The Transaction Cost for a single transaction fluctuates around $0.0002, which is only one ten-thousandth of Ethereum's fees, and the Transaction Cost will never experience inflation.
3. Ultra-fast Speed: on-chain confirmation of transactions has zero latency, achieving second-level confirmation, which can meet the demands of high-frequency payment scenarios.
4. Economic Value: TBC's current market capitalization is less than one ten-thousandth of Bitcoin, and its future value growth potential is limitless.