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#TBC# #TBC# #TBC#
TBC (Turing Bit Chain)
[Core Positioning]
TBC, as the first high-performance Layer 2 solution to establish UTXO smart contracts in the Bitcoin ecosystem, is the creator of the Bitcoin Virtual Machine (BVM). It breaks through the performance ceiling of BTC with its innovative 4GB super-large blocks, 13,000+ TPS, and ultra-low transaction cost of $0.0002, supporting Turing-complete smart contracts with native UTXO, enabling zero-encapsulation on-chain DeFi interactions for Bitcoin assets. At the same time, it facilitates atomic-level BTC-TBC cross-chain bridges and inscription cross-chain bridges, allowing miners to seamlessly migrate computing power using the SHA256 algorithm, and build a new generation of super ecological infrastructure for Bitcoin.
Core Features of TBC
1. PoW consensus mechanism
Inheriting the native SHA256 algorithm and POW mechanism of Bitcoin, global miners seamlessly connect to ensure network security.
2. Unlimited scalability of super large blocks
The block size reaches 4GB, which is four thousand times larger than Bitcoin, with a theoretical TPS exceeding 13,000+, surpassing the performance limits of traditional blockchains.
3. Transaction costs that never inflate
The innovative dynamic fee rate model locks in a single transaction cost of $0.0002, which is only one ten-thousandth of the regular Ethereum transaction fee, laying the foundation for a micro-payment economy.
4. Layer-1 UTXO Smart Contract
The world's first Turing-complete smart contract system built on the Bitcoin UTXO model, compatible with native on-chain logic, and natively supports the entire ecosystem of DeFi/NFT/DAO.
5. Zero Confirmation Transaction
On-chain transaction confirmation with zero delay, achieving second-level confirmation in real-world scenarios to meet the needs of high-frequency payment scenarios.
6. Bitcoin Operating System
Fully reuse the Bitcoin address key system, allowing users to switch seamlessly between BTC assets and the smart ecosystem at lightning speed without having to learn a new protocol.
The core modules of TBC have been completed.
1. Complete the optimization of the underlying BVM opcode and initiate the detailed design of the next-generation smart contract construction platform.
2. Build a cross-chain bridge between BTC and TBC on-chain inscription assets to achieve interoperability of heterogeneous assets.
3. Build the API service infrastructure for generalized contract development.
4. Release the TBC20 standard token protocol (benchmarking ERC20).
5. Release the TBC721 standard NFT protocol (aligned with ERC721).
6. Launch TBC DEX token exchange and liquidity pool contract.
7. The BitBus project goes live to achieve cross-chain inscriptions, enabling seamless migration of native Bitcoin inscription assets.
8. Launch the Nerve cross-chain bridge, supporting cross-chain for dozens of public chains including USDT and other tokens.