🎉 Gate Square Growth Points Summer Lucky Draw Round 1️⃣ 2️⃣ Is Live!
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Event ends: August 9, 16:00 UTC
More details: https://www
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TBC Introduction ( Turing Bit Chain )
1. Economic Model: The total issuance is 2.1 billion coins, of which 93.3% is permanently locked. The remaining 6.7% (142 million ) will be generated through mining, which will last for 100 years, with a current daily output of 42,500 coins. The current market circulation is approximately 17.5 million, while the actual circulation is only about 12 million coins. The mining mechanism is the same as Bitcoin, with halving every 4 years, and the total circulation is expected to be around 65 million by 2028, with no additional issuance.
Secondly, 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 ( with a transaction volume of ) exceeding 13000+, which is 1800 times that of native Bitcoin.
2. Ultra-low fees: The cost of a single transaction fluctuates around $0.0002, which is only one ten-thousandth of Ethereum fees, and transaction fees have never been raised.
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: The current market value of TBC is less than one ten-thousandth of Bitcoin, and its potential for future value growth is limitless. 1000 times? 1000u?