#TBC# #GT# #VINE# #BTC# #ETH#

TuringBitChain (abbreviated as TBC) is a public chain based on the UTXO model, which is a FORK of the original Bitcoin protocol. Here are some of its features:
1. Technological Innovation: Starting from the fundamental TXID generation method, we improve parallel performance and create a pure layer practical Turing-complete smart contract solution based on the UTXO model called TuringContract, which can implement all EVM logic, featuring 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 about every 10 minutes, the difficulty adjustment algorithm is Asert FastDAA, and the initial block size limit is 4G, which will be dynamically expanded based on the situation.
4. Token Information: The TOKEN of the TBC public chain is called TBC token, with a release date of February 15, 2024, and a maximum supply cap of 2.1 billion, of which 93.3% exists naturally at the time of the fork and has been locked, while the remaining 6.7% is generated through POW mining.
5. Main advantages: It features decentralization, compliance, high efficiency, unlimited scalability, and zero-confirmation transaction technology, allowing data storage, contract execution, and transaction transmission to be completed on a single chain. It also has wallet addresses identical to Bitcoin wallet addresses, and in the future, it will enable a 1:1 Nakamoto mapping function with Bitcoin.
6. Development History: In September 2021, the underlying inventive 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; and on February 14, 2024, the mainnet was 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, and creating a complete underlying protocol to become a high-performance and Turing-complete blockchain infrastructure.