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#TBC# Introduction to TBC (Turing Bit Chain)
1. Economic Model: A total supply of 2.1 billion coins, of which 93.3% is permanently locked. The remaining 6.7% (142 million) will be produced through mining, which will take 100 years to complete, with a daily output of 42,500 coins. Currently, the market circulation is about 17.5 million, while the actual circulation is only around 12 million coins. The mining mechanism is the same as Bitcoin, with halving occurring every 4 years. By 2028, the total circulation is expected to be around 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 Bit.
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 is never inflationary.
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: TBC's current market value is less than one ten-thousandth of Bitcoin, and its future value growth potential is limitless.