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#TBC# Introduction to TBC (Turing Bit Chain)
1. Economic Model: A total issuance of 2.1 billion coins, of which 93.3% is permanently locked. The remaining 6.7% (142 million) will be generated through mining, which will take 100 years to complete, with a current daily output of 42,500 coins. The current 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, halving every 4 years, with a total circulation of about 65 million coins by 2028, and no additional issuance.
Second, technical features: TBC is the world's first public chain that implements 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 fee, and the transaction costs are never inflated.
3. Ultra-fast speed: On-chain transaction confirmations with zero delay, achieving second-level confirmations 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. 1000 times? 1000u?