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The TBC Turing bit chain has the following technological breakthroughs:
1, super block and high performance: with 4GB super block, is 4000 times the bitcoin block, the theoretical TPS exceeded 13,000 +, significantly beyond the native bitcoin. Using TuringTXID hierarchical hash technology, the storage requirements of verification nodes for terabytes of blocks are reduced by 97%. There is also an unlimited scaling mechanism that automatically adjusts the size of blocks based on the volume of transactions.
II. Low transaction cost: The original dynamic rate model, which locks in a single transaction cost of $0.002, is not affected by currency price fluctuations, and is only one ten thousandth of the ordinary transaction cost of Ethereum, which has built the cornerstone of the micropayment economy.
III. Smart contract innovation: The world's first Turing-complete smart contract system based on the Bitcoin UTXO model supports the TBC20 and TBC721 protocols, is compatible with native chain logic, and can natively support the DeFi, NFT, and DAO ecosystem. Bitcoin Virtual Machine (BVM) architecture is introduced to implement smart contracts through operation codes such as OP _ PUSH _ META, which solves the problem of the combination of UTXO and smart contracts.
IV. Cross-chain technological breakthroughs: The atomic-level BTC-TBC cross-chain bridge and the token cross-chain Bridge were opened, and the Nerve cross-chain was launched, supporting dozens of public blockchains USDT and other tokens cross-chains, achieving interoperability of heterogeneous assets, and supporting the cross-chain development of DeFi projects such as Ethereum.
- Trading confirmation optimization: achieve zero delay in confirmation of transactions on the chain, and can be confirmed in seconds in real-world scenarios, which can meet the needs of high-frequency payments and other scenarios.
Network protocol innovation: innovative integration of Schnorr aggregate signature and time lock protocol, in the dual-offline scenario, the beneficiary through the hardware wallet to sign the transaction certificate, after the resumption of the network can be confirmed by batch broadcast, the actual test shows that within 72 hours of network outage still guarantee the validity of payment.
6. User experience improvement: Fully reuse the bitcoin address key system, users do not need to learn new protocols, and can complete the senseless switch between BTC assets and intelligent ecology at light speed, reducing the threshold of use.