Latest project information of TBC🌱: #TBC# #TBC#

[Project Introduction]
TBC (Turing Bitchain)
[Core Positioning]
TBC, as the first ultra-high-performance Layer 2 solution to establish UTXO smart contracts within the Bitcoin ecosystem, is the creator of the Bitcoin Virtual Machine (BVM). By introducing a unique 4GB super-sized block, over 13,000 TPS, and an ultra-low transaction cost of $0.0002, it breaks through the performance ceiling of BTC. It supports Turing-complete smart contracts with native UTXO, enabling zero-encapsulation on-chain DeFi interactions for Bitcoin assets. Additionally, it establishes atomic-level BTC-TBC cross-chain bridges and inscription cross-chain bridges, allowing miners to seamlessly migrate their computing power using the SHA256 algorithm, thereby building a new generation of super ecological infrastructure for Bitcoin.
Core Features of TBC
1. PoW consensus mechanism
Inherits the native SHA256 algorithm and POW mechanism of Bitcoin, allowing global miners to seamlessly connect, ensuring network security.
2. Unlimited Scalability of Ultra-large Blocks
The block size reaches 4GB, which is 4,000 times larger than Bitcoin, with a theoretical TPS exceeding 13,000+, surpassing the performance limits of traditional blockchains.
3. Never Inflating Transaction Costs
The original 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 micropayment 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 latency, achieving second-level confirmation in real-world scenarios to meet the demands of high-frequency payment situations.
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 learning a new protocol.
The core modules completed by TBC
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 infrastructure for API services for generalized contract development.
4. Release the TBC20 standard token protocol (comparable to 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 for inscriptions, enabling seamless migration of native Bitcoin inscription assets.
8. Launch the Nerve cross-chain bridge, supporting cross-chain transfers for dozens of public chain USDT and other tokens.