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

TuringBitChain (abbreviated as TBC) is a public blockchain based on the UTXO model that forks from the original Bitcoin protocol. Here are some of its features:

1. Technological innovation: Starting with the fundamental TXID generation method, we have improved parallel processing capabilities, and pioneered a one-layer, purely UTXO-based Turing-complete smart contract solution called TuringContract, which can execute all EVM logic and boasts high performance and extremely low transaction fees.

2. Consensus mechanism and algorithm: TBC adopts the same POW consensus scheme and SHA256 mining algorithm as BTC, ensuring its decentralization and security.

3. Block parameters: block intervals are approximately every 10 minutes, the difficulty adjustment algorithm is Asert FastDAA, the initial maximum block size is 4 GB, and it will be dynamically expanded based on the situation.

4. Token information: The token of TBC public chain is called TBC token, and its release date is February 15, 2024. The maximum supply cap is 2.1 billion tokens, of which 93.3% existed naturally and were locked at the time of the fork, with the remaining 6.7% being generated through POW mining.

5. Main advantages: features decentralization, compliance and efficiency, unlimited scalability, zero-confirmation technology for transactions, and the ability to complete data storage, contract execution, and transaction transmission on a single chain; it also has wallet addresses that are the same as those used for Bitcoin wallets, and a 1:1 minting function for Bitcoin will be enabled in the future.

6. Development History: The underlying innovative technology was unveiled in September 2021, the Turing-compliant high-performance Layer1 smart contract, Turing-Contract, was released in March 2022, the TBC Alpha test network went live in December 2023, and the main network will officially launch on February 14, 2024.

TBC aims to unlock the potential of Bitcoin for participation in Defi, NFT, LSD, and other ecological applications through the Bitcoin Virtual Machine (BVM), facilitate the future integration of the UTXO BVM chain with the account model EVM chain ecosystem, and build a complete underlying protocol to become a high-performance, intelligent, and comprehensive blockchain infrastructure.