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#TBC# TBC ( Introduction to Turing Bit Chain )
1. Economic Model: The total issuance is 2.1 billion pieces, of which 93.3% will be permanently locked. The remaining 6.7% (142 million ) will be generated through mining, which is expected to take 100 years to complete, with a daily output of 42,500 pieces. Currently, the market circulation is about 17.5 million, while the actual circulation is only about 12 million pieces. The mining mechanism is the same as Bitcoin, halving every 4 years, and it is expected that by 2028, the total circulation will be about 65 million pieces, never to increase.
2. Technical Features: TBC is the world's first public blockchain based on the Bitcoin UTXO model to implement Turing-complete smart contracts.
1. Technical Highlights: Ultra-high performance, theoretical TPS ( transactions per second ) exceeds 13000+, which is 1800 times that of native Bit.
2. Ultra-low fees: The fee for a single transaction fluctuates around $0.0002, which is only one ten-thousandth of Ethereum fees, and transaction costs are never affected by inflation.
3. Ultra-fast speed: On-chain transaction confirmation with zero latency, achieving second-level confirmation to meet the needs of high-frequency payment scenarios.
4. Economic Value: The current market value of TBC is less than one ten-thousandth of Bitcoin, and its future value growth potential is limitless.