#TBC #GT #VINE #BTC #ETH

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

1. Technological Innovation: Starting from the basic TXID generation method, we have enhanced parallel processing capabilities and pioneered a Turing-complete smart contract solution based on a single layer and pure UTXO, called TuringContract, which can execute all EVM logic with 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, the difficulty adjustment algorithm is Asert FastDAA, the initial maximum block size is 4 GB, and it will dynamically expand based on the situation.

4. Token Information: The token of the TBC public chain is called TBC token, with an issuance date of February 15, 2024. The maximum supply cap is 2.1 billion tokens, of which 93.3% naturally exist and are locked during the fork, while the remaining 6.7% is generated through POW mining.

5. Main advantages: decentralized, compliance and efficiency, unlimited scalability, zero-confirmation transaction technology, and the ability to complete data storage, contract execution, and transaction transmission on a single chain; it also has the same wallet address as Bitcoin and will enable a 1:1 minting function for Bitcoin in the future.

6. Development History: The foundational innovative technology was revealed in September 2021, the high-performance Layer 1 smart contract Turing-Contract that meets Turing standards was released in March 2022, the TBC Alpha test network will go live in December 2023, and the mainnet will officially launch on February 14, 2024.

TBC aims to unlock the potential of Bitcoin in DeFi, NFTs, LSD, and other ecological applications through the Bitcoin Virtual Machine (BVM), promoting the future integration of the UTXO BVM chain with the account model EVM chain ecosystem, and building a complete underlying protocol to become a high-performance, intelligent, and comprehensive blockchain infrastructure.