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#TBC# #TBC# #TBC# is the future BTC
On-chain World: TBC builds a new paradigm of stablecoins for emerging markets with ultra-high performance UTXO smart contracts.
Project Updates
2025-07-20 13:00
Project Updates
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The UTXO model has been innovatively adapted and transformed to grow into a digital infrastructure serving the modernization of national governance.
Introduction: The Paradigm Revolution of Digital Governance
As global digital currency competition enters a critical phase, many countries are undergoing a strategic transformation from laying the foundation for central bank digital currencies (CBDCs) to modernizing governance capabilities. The traditional fiscal fund circulation system faces three deep-rooted contradictions: subsidies fail to reach accurately due to the "last mile" blockage, special fund supervision lacks penetrating traceability, and inclusive financial service coverage shows significant urban-rural disparities. These structural challenges urgently need to be resolved through technological innovation. The TBC public chain leverages the inherent genetic advantages of the Bitcoin UTXO model, providing an unprecedented technical paradigm for constructing a stablecoin system with emerging market characteristics through ultra-high-performance block architecture, the world's first UTXO smart contract engine, and atomic-level cross-chain interconnection system's three-dimensional collaborative innovation. This is not only about choosing a technological path but also a key vehicle for transforming the advantages of national governance systems into governance efficiency, with its core value lying in achieving a fundamental transformation of "governance logic internalized in the monetary structure."
1. The Genetic Restructuring of Systems and Technology: The Governance Revolution of the UTXO Model
1.1 Governance Dilemma of Traditional Models
The account-based stablecoins dominated by the West (such as the ERC-20 standard) have systemic flaws: the account balance system obscures the trajectory of fund flows, making financial audits require the additional construction of complex tracing systems; policy rules need to be implemented through the overlay of smart contracts, significantly increasing systemic risk and development costs; real-time network verification mechanisms are difficult to adapt to weak network environments such as remote areas and disaster scenarios; concurrency bottlenecks caused by reliance on account status cannot support the massive demand for hundreds of millions of electronic payments per day in large-scale economies. These technical characteristics determine that they are difficult to carry the core demands of emerging market governance systems for precise fund control and penetrating supervision.
1.2 Paradigm Shift of the UTXO Model
The TBC inherited Bitcoin UTXO architecture, achieving a deep embedding of governance logic through underlying genetic modification:
The triple leap of technological implementation:
1. Governance unit atomization: Each UTXO becomes an independent governance unit carrying complete policy attributes, achieving the "micro-particulation" of financial funds.
2. Rule operation automation: Compiling policy text into executable on-chain scripts through BVM (Bitcoin Virtual Machine), forming the implementation mechanism of "code is law".
3. Regulatory verification localization: Transaction compliance is verified locally at the node, avoiding performance loss caused by global state synchronization.
1.3 Technical Transformation of Institutional Advantages
This architecture implements three major governance upgrades:
• Rigid fiscal discipline: The restrictions on the use, timeliness, and region of special funds are embedded in the currency data structure, forming an immutable "fiscal constraint gene".
• Regulatory penetration and direct access: Constructing a full-chain penetration regulatory system from the central financial level to end users through the traceability code system carried by UTXO.
• Intelligent policy transmission: Triggering fund recovery, quota adjustments, and other operations based on preset conditions to achieve dynamic and precise control of fiscal policy.
This "on-chain rule automation" smart architecture not only ensures the rigid constraints of policy execution but also maintains the flexible space for institutional adjustments, forming a digital currency governance paradigm that adapts to large-scale governance needs.
2. System engineering of performance and scenarios: New infrastructure for inclusive payment
2.1 The Ultimate Challenge of Real-World Scenarios
Building an efficient and robust stablecoin system requires facing three major performance challenges: the instantaneous peak pressure of tens of millions of transactions generated during large-scale public project distributions; the extreme cost control that must be maintained in inclusive finance scenarios (single transaction <0.01 yuan); and the guarantee of payment continuity in weak network environments such as disaster-stricken areas and deeply remote regions. These demands far exceed the design limits of existing blockchain systems.
2.2 Collaborative Innovation of Technical Architecture
TBC builds a complete solution through multidimensional technological innovation:
Blockchain Storage Revolution
With a base block capacity of 4GB and an elastic expansion mechanism, a single block can accommodate 2 million public welfare distributions. By using TuringTXID hierarchical hashing technology, the storage requirements for validating nodes of TB-level blocks are compressed by 97%, allowing ordinary servers of local financial institutions to run full node validation.
Network Protocol Breakthrough
Innovative integration of Schnorr aggregate signatures and time-lock protocols: In a dual offline scenario, beneficiaries sign transaction vouchers through hardware wallets and batch broadcast confirmations once the network is restored, solving payment difficulties in disaster relief and areas with weak network infrastructure. Tests show that payment validity is still ensured within 72 hours of network interruption.
Economic model optimization
Establish a dynamic fee mechanism based on byte valuation + market equilibrium: When a surge in transaction volume causes fees to deviate from the benchmark, block capacity automatically expands to maintain a stable cost of $0.0002 per transaction. This fundamentally avoids the risk of rate control loss caused by price fluctuations of traditional on-chain currencies.
2.3 Strategic Layout of Inclusive Applications
This technical architecture can empower three strategic scenarios:
• High-frequency payment network: Supports massive transaction scenarios such as public transportation and small merchants, with a daily capacity of up to 300 million transactions.
• Precise financial system: Achieve full lifecycle management of special funds such as education subsidies and pension security.
• Emergency Response System: Ensure uninterrupted fund dispatch for 72 hours in extreme environments such as natural disasters.
By building a collaborative system of "high-performance underlying infrastructure + targeted governance rules", we provide financial support for the construction of modern governance infrastructure.
3. Governance Leap of Contracts and Cross-chain: Constructing a Three-dimensional Architecture
3.1 UTXO Smart Contract Revolution
The Bitcoin Virtual Machine (BVM), developed over seven years by TBC, has achieved a breakthrough in overcoming inherent constraints:
Architectural Innovation
By using dynamic data trimming technology, the size of smart contracts is compressed by 97%, allowing complex policy rules to run on low-end devices.
Execution Paradigm
• Parallel processing architecture: Each UTXO serves as an independent smart contract container, supporting the synchronized implementation of differentiated policies across regions.
• Security Isolation Mechanism: Utilizing the inherent isolation of UTXO to curb the spread of contract vulnerabilities and ensure the overall robustness of the system.
3.2 Governance Integration of Cross-Chain Ecosystem
Build multi-level infrastructure:
Conclusion: Governance Coordinates in the Digital Age
The TBC public chain reshapes the essence of currency through three-dimensional innovation:
Technical paradigm breakthrough
The 4GB block not only carries transaction data but also ensures the speed of large-scale inclusive payments; the BVM engine compiles not only smart contracts but also a new paradigm for policy implementation; atomic cross-chain connections not only link blockchain networks but also enable the co-evolution of governance systems.
Governance effectiveness transformation
Fiscal discipline is achieved through technical rules at the genetic level, regulatory capacity reaches micro units through penetrating traceability, and the will of national governance is expressed digitally through on-chain architecture—this marks a historic leap in governance efficiency.
Implementation of Development Concepts
Inclusive finance breaks through the barrier of the "last mile," allowing social resources to be precisely allocated in a drip irrigation manner, greatly enhancing governance efficiency—vividly interpreting the digital practice of the development thought of "universal inclusiveness."
When each UTXO carries an inclusive value orientation.
When every smart contract is written with the logical practices of modern governance.
When each atomic cross-chain achieves unified and coordinated collaborative governance.
This system will ultimately prove that the UTXO model, through adaptive innovative transformation, can grow into a digital infrastructure that serves the modernization of national governance. It is rooted in the soil of the modern market economy, extending its branches to shelter the social livelihood, with annual rings engraved with the marks of technological innovation, and its growth direction pointing towards a broader vision of connection and collaboration in the future — this is a key milestone in the history of currency development in the 21st century, a declaration of governance modernization written on the blockchain.