#TBC# Introduction to TBC (Turing Bit Chain)

1. Economic model: The total issuance is 2.1 billion pieces, of which 93.3% are permanently locked. The remaining 6.7% (142 million) will be produced through mining, which will take 100 years to complete, with a daily output of 42,500 pieces. Currently, the market circulation is around 17.5 million, while the actual circulation is only about 12 million pieces. The mining mechanism is the same as Bitcoin, halving every 4 years, and by 2028, the total circulation will be approximately 65 million pieces, with no increase in issuance.
2. Technical Characteristics: 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 (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 Ethereum fees, and the transaction costs are never inflated.
3. Ultra-fast speed: On-chain transaction confirmation with zero delay, achieving confirmation in seconds, meeting 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.