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#TBC# TBC ( Turing Bit Chain ) Introduction
1. Economic Model: The total issuance is 2.1 billion pieces, of which 93.3% are permanently locked. The remaining 6.7% (1.42 billion ) will be produced through mining, which will take 100 years to complete, with a daily output of 42,500 pieces. Currently, the market circulation is about 17.5 million, but the actual circulation is only about 12 million pieces. The mining mechanism is the same as Bitcoin, halving every 4 years, and by 2028 the total circulation will be approximately 65 million pieces. No additional issuance.
2. Technical Characteristics: TBC is a hard fork of Bitcoin, sharing the same origin as Bitcoin. It also features the world's first Turing-complete UTXO( transaction model) smart contract, making it the smart contract layer of Bitcoin.
1. Technical Highlights: Ultra-high performance, theoretical TPS ( with a transaction processing capacity of ) exceeding 13,000+, which is 1,800 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 the transaction cost will never inflate.
3, Ultra-fast Speed: On-chain transaction confirmation with zero delay, achieving second-level confirmation, which meets the needs of high-frequency payment scenarios.
4. Economic Value: TBC's current market value is less than one ten-thousandth of Bitcoin, and its future value growth potential is limitless.