#TBC# The era belonging to TBC is about to arrive, are you ready? ✌️

TuringBitChain (abbreviated as TBC) is a public chain based on the UTXO model that forks the original Bitcoin protocol. Here are some of its characteristics:
1. Technical Innovation: Starting from the fundamental TXID generation method, we enhance parallel performance and have pioneered a pure single-layer practical Turing-complete smart contract solution, TuringContract, based on the UTXO model. This can implement all EVM logic and boasts high performance and extremely low transaction fees.
2. Consensus Mechanism and Algorithm: The same POW consensus scheme as BTC and the SHA256 mining algorithm are adopted, 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 upper limit of the block size is 4G, which may be dynamically expanded based on circumstances.
4. Token Information: The TOKEN of the TBC public chain is called TBC token, with a release date of February 15, 2024. The maximum supply cap is 2.1 billion, 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 and efficiency, unlimited scalability, and zero-confirmation transaction technology, enabling data storage, contract execution, and transaction transmission to be completed on a single chain. It also has the same wallet address as Bitcoin wallet addresses, and in the future, it will enable the 1:1 mapping function of Bitcoin.
6. Development History: In September 2021, the underlying invention technology was announced; in March 2022, the Turing-complete high-performance Layer 1 smart contract Turing - Contract was released; in December 2023, the TBC Alpha test network went live; on February 14, 2024, the mainnet officially launched.
TBC aims to unleash the potential of Bitcoin in participating in Defi, NFT, LSD, and other ecological applications through the Bitcoin Virtual Machine (BVM), assisting the future integration of the UTXO BVM chain with the account model EVM chain ecosystem, creating a comprehensive underlying protocol to become a high-performance and Turing-complete blockchain infrastructure.