🎉 Gate Square Growth Points Summer Lucky Draw Round 1️⃣ 2️⃣ Is Live!
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1️⃣ Go to [Square], tap the icon next to your avatar to enter [Community Center]
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Event ends: August 9, 16:00 UTC
More details: https://www
#TBC# #ETH# #PUMP# #FB# #BTC#
TBC Turing Bit Chain:
1. Ultra-large blocks and high performance: With a 4GB ultra-large block, it is 4000 times larger than a Bitcoin block, and the theoretical TPS exceeds 13,000+, significantly surpassing the native Bitcoin. It employs TuringTXID hierarchical hashing technology, compressing the storage requirements for TB-level block verification nodes by 97%. It also features an unlimited scalability mechanism that can automatically adjust block size based on transaction volume.
2. Low transaction costs: The innovative dynamic fee rate model locks the cost of a single transaction at $0.0002, unaffected by price fluctuations, which is merely one ten-thousandth of the usual Ethereum transaction fee, establishing the cornerstone of micro-payment economy.
3. Innovation in Smart Contracts: The world's first Turing-complete smart contract system built on the Bitcoin UTXO model, supporting TBC20 and TBC721 protocols, compatible with native on-chain logic, and natively supporting the entire ecosystem of DeFi, NFT, and DAO. The introduction of the Bitcoin Virtual Machine (BVM) architecture enables the implementation of smart contracts through opcodes such as OP_PUSH_META, solving the challenge of combining the UTXO model with smart contracts.
4. Breakthroughs in Cross-Chain Technology: The atomic-level BTC-TBC cross-chain bridge and the inscription cross-chain bridge have been established, and the Nerve cross-chain bridge has been launched, supporting cross-chain transactions for dozens of public chain USDT and other tokens, achieving interoperability of heterogeneous assets and supporting cross-chain development for DeFi projects such as Ethereum.
- Transaction Confirmation Optimization: Achieve zero-latency on-chain transaction confirmation, with real-world scenarios allowing for confirmations in seconds, meeting the needs of high-frequency payment scenarios.
5. Innovation in Network Protocols: Innovatively integrating Schnorr aggregated signatures with time-lock protocols, in a dual offline scenario, the beneficiary signs the transaction certificate through a hardware wallet, and after the network is restored, it can be batch broadcast for confirmation. Tests show that payment validity is still ensured within 72 hours of network interruption.
6. User Experience Enhancement: Fully reuse the Bitcoin address key system, allowing users to complete seamless switching between BTC assets and the smart ecosystem at lightning speed without the need to learn a new protocol, thereby lowering the usage threshold.