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#TBC# TBC (Turing Bit Chain) Introduction
1. Economic Model: A total issuance of 2.1 billion coins, of which 93.3% is permanently locked. The remaining 6.7% (142 million) is produced through mining, which will take 100 years to mine out, producing 42,500 coins per day. The actual circulating supply is only 12 million coins. The mining mechanism is the same as Bitcoin, halving every 4 years, with no additional issuance.
2. Technical Features: TBC is a hard fork of Bit, originating from the same root as Bit. It also features the world's first Turing-complete UTXO (transaction model) smart contract, making it the smart contract layer of Bit.
1. Technical Highlights: Ultra-high performance, theoretical TPS (transactions per second) exceeds 13000+, which is 1800 times that of native Bit.
2. Ultra-low fee rate: 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 not inflationary.
3. Ultra-fast speed: On-chain transaction confirmation 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.