#TBC# TBC Turing Bit Chain is a public chain based on the UTXO model that forks the original Bitcoin protocol. The following is a detailed introduction:

- Core Features:
- PoW consensus mechanism: Inherits the Bitcoin native SHA256 algorithm and POW mechanism, allowing global miners to seamlessly connect, ensuring network security.
- Unlimited scalability of super-large blocks: Block size reaches 4GB, expanding 4,000 times compared to Bitcoin, with theoretical TPS exceeding 13,000+, surpassing the performance limits of traditional blockchains.
- Never-inflating transaction costs: The innovative dynamic fee model locks the cost of a single transaction at $0.0002, which is only one ten-thousandth of the regular transaction fee on Ethereum, laying the foundation for a micropayment economy.
- Layer-1 UTXO smart contract: It is 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.
- Zero Confirmation Transactions: On-chain confirmation of transactions with zero delay, achieving sub-second confirmation in real-world scenarios to meet the demands of high-frequency payment scenarios.
- Bitcoin Operating System: Fully reuses the Bitcoin address key system, allowing users to switch between BTC assets and the smart ecosystem at lightning speed without having to learn a new protocol.
- Economic Model: The issuance of TBC coin is 2.1 billion coins, of which 93.3% are permanently locked, and the remaining 6.7% (142 million coins) are produced through mining. The mining mechanism is the same as Bitcoin, halving every 4 years, and will never be increased.
- Application Scenarios: Suitable for the development and deployment of Web3 applications, supporting NFTs, DeFi, data storage, BTCFI, etc., dedicated to unleashing the full potential of Bitcoin and solving its congestion issues, potentially enabling Bitcoin for daily transactions in the future, creating a thriving BVM ecosystem similar to EVM.