TBC (Turing Bit Chain) Introduction

1. Economic Model: Total issuance of 2.1 billion tokens, with 93.3% permanently locked. The remaining 6.7% (142 million) are mined over 100 years, with a daily output of 42,500 tokens. Currently, the market circulation is about 17.5 million, with an actual circulating supply of approximately 12 million. The mining mechanism is similar to Bitcoin's, halving every 4 years. By 2028, the total circulating supply will be around 65 million, with no further issuance.
2. Technical Features: TBC is the world's first public chain based on the Bitcoin UTXO model to implement Turing-complete smart contracts.
Technical Highlights:
1. Inherits Bitcoin's POW consensus mechanism, offering decentralization and security advantages;
2. Ultra-high performance, with theoretical TPS (transactions per second) exceeding 13,000+, 1800 times that of native Bitcoin. High-throughput UTXO can be independently verified, avoiding global state conflicts, enabling TBC's theoretical throughput to reach millions of TPS, far surpassing traditional blockchains.
3. UTXO smart contract layer supports TBC20 and TBC721 protocols, enabling inscription cross-chain and atomic cross-chain transactions;
4. 4GB large block capacity enables parallel processing, with future potential to handle millions of TPS per second;
5. BVM architecture achieves near-zero gas fees;
Single transaction cost is approximately $0.0002, with ultra-low rates: transaction costs float around $0.0002 and are never inflationary.
6. Ultra-fast speed: zero delay in on-chain transaction confirmation, achieving second-level confirmation, suitable for high-frequency payment scenarios.

Standard Elements of Public Chains
1. Mainnet launch
2. Independent open source
3. Blockchain explorer
4. Independent wallet
5. Mining mechanism