TBC (Turing Bit Chain) The "world's first UTXO smart contract" refers to TBC's ability to natively execute smart contracts within the UTXO( unspent transaction output ) model - which is the same as the model used by Bitcoin itself. Unlike account-based systems like Ethereum, the UTXO model offers greater transparency, determinism, and parallelism, enabling faster and more secure transaction validation. In decentralized finance ( DeFi ), this means that lending, staking, and liquidity pools can operate with Bitcoin-level security. For NFTs, TBC's TBC-721 standard allows for seamless minting and trading of assets, with all operations verifiable on-chain through deterministic UTXO logic. This innovation brings flexibility to smart contracts without sacrificing the trusted security model of Bitcoin.
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$TBC $TBC
TBC (Turing Bit Chain)
The "world's first UTXO smart contract" refers to TBC's ability to natively execute smart contracts within the UTXO( unspent transaction output ) model - which is the same as the model used by Bitcoin itself.
Unlike account-based systems like Ethereum, the UTXO model offers greater transparency, determinism, and parallelism, enabling faster and more secure transaction validation. In decentralized finance ( DeFi ), this means that lending, staking, and liquidity pools can operate with Bitcoin-level security. For NFTs, TBC's TBC-721 standard allows for seamless minting and trading of assets, with all operations verifiable on-chain through deterministic UTXO logic. This innovation brings flexibility to smart contracts without sacrificing the trusted security model of Bitcoin.