#TBC# #TBC# TuringBitChain (abbreviated as TBC) is a public chain based on the UTXO model of the FORK Bitcoin original protocol. Here are some of its features:

1. Technical Innovation: Starting from the lowest level of TXID generation methods, improving parallel performance, and pioneering a pure layer practical Turing-complete smart contract solution TuringContract based on the UTXO model, which can achieve all EVM logic and has the advantages of high performance and extremely low fees.

2. Consensus Mechanism and Algorithm: The same POW consensus scheme and SHA256 mining algorithm as BTC are used, ensuring the decentralization and security of TBC.

3. Block parameters: The block interval is approximately every 10 minutes, the difficulty adjustment algorithm is Asert FastDAA, and the initial block size limit is 4G, with dynamic expansion based on circumstances thereafter.

4. Token Information: The TOKEN of the TBC public chain is called TBC coin, with a release date of February 15, 2024, and a maximum supply cap of 2.1 billion coins, of which 93.3% naturally existed and has been locked at the time of the fork, while the remaining 6.7% is generated through POW mining.

5. Main advantages: It features decentralization, compliance, high efficiency, unlimited scalability, zero-confirmation transaction technology, etc. It can achieve data storage, contract execution, and transaction transmission all on one chain, and also has the same wallet address as a Bitcoin wallet address. In the future, it will enable the Bitcoin 1:1 Nakamoto mapping function.

6. Development history: In September 2021, the underlying invention technology was announced, in March 2022, the Turing-complete high-performance Layer1 smart contract Turing - Contract was released, in December 2023, the TBC Alpha test network was launched, and on February 14, 2024, the mainnet officially started.

TBC aims to unleash the potential of Bitcoin in participating in ecological applications such as DeFi, NFTs, and LSD through the Bitcoin Virtual Machine (BVM), assisting in the future integration of the UTXO BVM chain with the account model EVM chain ecology, and building a complete underlying protocol to become a high-performance and Turing-complete blockchain infrastructure.