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TuringBitChain (abbreviated as TBC) is a public chain based on the UTXO model, which is a FORK of the original Bitcoin protocol. Here are some of its features:

1. Technical Innovation: Starting from the underlying TXID generation method, improving parallel performance, we have pioneered the TuringContract, a pure one-layer practical Turing-complete smart contract solution based on the UTXO model, which can implement all EVM logic, featuring high performance and very low transaction fees.

2. Consensus mechanism and algorithm: The same POW consensus scheme and SHA256 mining algorithm as BTC are used, ensuring the decentralization and security of TBC.

3. Block parameters: The block interval is approximately every 10 minutes, the difficulty adjustment algorithm is Asert FastDAA, and the initial upper limit of block size is 4G, with dynamic expansion depending on the situation.

4. Token Information: The TOKEN of the TBC public chain is called TBC token, with a release date of February 15, 2024. The maximum supply cap is 2.1 billion, of which 93.3% naturally exists and has been locked at the time of the fork, while the remaining 6.7% is generated through POW mining.

5. Main advantages: It features decentralization, compliance, efficiency, unlimited scalability, and zero-confirmation transaction technology, allowing data storage, contract execution, and transaction transmission to be completed on a single chain. It also has the same wallet address as Bitcoin wallet addresses and will enable the 1:1 Satoshi mapping function with Bitcoin in the future.

6. Development History: In September 2021, the underlying invention technology was announced; in March 2022, the Turing-complete high-performance Layer 1 smart contract Turing - Contract was released; in December 2023, the TBC Alpha test network was launched; and on February 14, 2024, the mainnet officially started.

TBC aims to unleash the potential of Bitcoin in participating in Defi, NFT, LSD, and other ecological applications through the Bitcoin Virtual Machine (BVM), assisting the future integration of the UTXO BVM chain with the account model EVM chain ecosystem, creating a comprehensive underlying protocol to become a high-performance and Turing-complete blockchain infrastructure.

TuringBitChain ( abbreviated as TBC) is a public blockchain based on the UTXO model that forks from the original Bitcoin protocol. Here are some of its features:

1. Technological innovation: Starting with the fundamental TXID generation method, we aim to enhance parallel processing capabilities, and have pioneered a one-layer Turing-complete smart contract solution based on the UTXO model called TuringContract, which can execute all EVM logic and boasts high performance and extremely low transaction fees.

2. Consensus mechanism and algorithm: TBC adopts the same POW consensus scheme and SHA256 mining algorithm as BTC, ensuring its decentralization and security.

3. Block parameters: The block interval is approximately every 10 minutes, and the difficulty adjustment algorithm is Asert FastDAA. The initial maximum block size is 4 GB, and it will be dynamically expanded based on the situation.

4. Token information: The token of TBC public chain is called TBC token, and its release date is February 15, 2024. The maximum supply cap is 2.1 billion tokens, of which 93.3% existed naturally and were locked at the time of the fork, with the remaining 6.7% being generated through POW mining.

5. Main advantages: features decentralization, compliance and efficiency, unlimited scalability, zero-confirmation technology for transactions, and the ability to complete data storage, contract execution, and transaction transmission on a single chain; it also has wallet addresses that are the same as those used for Bitcoin wallets, and a 1:1 minting function for Bitcoin will be enabled in the future.

6. Development History: The underlying innovative technology was unveiled in September 2021, the Turing-compliant high-performance Layer 1 smart contract, Turing-Contract, was released in March 2022, the TBC Alpha test network went live in December 2023, and the main network will officially launch on February 14, 2024.

TBC aims to unlock the potential of Bitcoin for participation in Defi, NFT, LSD, and other ecological applications through the Bitcoin Virtual Machine (BVM), facilitate the future integration of the UTXO BVM chain with the account model EVM chain ecosystem, and build a complete underlying protocol to become a high-performance, intelligent, and comprehensive blockchain infrastructure.
TBC-2.26%
GT-2.71%
VINE0.58%
BTC-2.29%
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Twhm1981vip
· 08-17 07:14
GT BTC GT BTC GT BTC GT BTC GT
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GreatLuckInTheYearOvip
· 08-16 14:54
Ponzi scheme in China
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