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#TBC# TBC (Turing Bit Chain) Introduction
1. Economic Model: The total issuance is 2.1 billion coins, of which 93.3% are permanently locked. The remaining 6.7% (142 million) are produced through mining, which will take 100 years to complete, with a current daily output of 42,500 coins. The current market circulation is around 17.5 million, but the actual circulating supply is only about 12 million coins. The mining mechanism is the same as that of Bitcoin, with a halving event every 4 years. By 2028, the total circulation will be approximately 65 million coins, with no further issuance.
2. Technical Features: TBC is the world's first public chain to implement Turing-complete smart contracts based on the Bitcoin UTXO model.
1. Technical Highlights: Ultra-high performance, theoretical TPS (transactions per second) exceeds 13000+, which is 1800 times that of native Bitcoin.
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 confirmations with zero delay, achieving second-level confirmations, meeting 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.