TuringbitchainPrice(TBC)
Details Turingbitchain (TBC) Price information (USD)
The current real-time price of TBC is $3.8118. In the past 24 hours, TBC has traded between $3.6703 and $3.9, showing strong market activity. The all-time high of TBC is $17.21, and the all-time low is $0.6624.
From a short-term perspective, the price change of TBC over the past 1 hour is
Turingbitchain (TBC) Market Information
Turingbitchain (TBC) Today's Price
The live price of TBC today is $3.8118, with a current market cap of --. The 24-hour trading volume is 814K. The price of TBC to USD is updated in real time.
Turingbitchain (TBC) Price History (USD)
What is TURINGBITCHAIN (TBC)?
When is the right time to buy TBC? Should I buy or sell TBC now?
Before deciding whether to buy or sell TBC, you should first consider your own trading strategy. Long-term traders and short-term traders follow different trading approaches. LBank’s TBC technical analysis can provide you with trading references.
Future price trend of TBC
What will the value be? You can use our price prediction tool to conduct short-term and long-term price forecasts for TBC.
How much will TBC be worth tomorrow, next week, or next month in ? What about your TBC assets in 2025, 2026, 2027, 2028, or even 10 or 20 years from now? Check now! TBC Price Prediction
How to buy TURINGBITCHAIN (TBC)
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TBC Resources
To learn more about TBC, consider exploring other resources such as the whitepaper, official website, and other published information:
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TURINGBITCHAIN (TBC) FAQ
What is Turingbitchain (TBC) and what core problems does this public blockchain project aim to solve?
Turingbitchain (TBC), founded in 2021, extends Bitcoin's original vision by providing a scalable, secure, and cost-efficient platform for peer-to-peer digital transactions and Web3 applications. It positions itself as a smart contract layer and a scalable BTC Layer2 solution. TBC specifically addresses Bitcoin's limitations, including its scalability issues, high transaction fees, and restricted smart contract capabilities, offering a more versatile environment.
How does Turingbitchain (TBC) achieve scalability and reduce transaction fees compared to traditional blockchain networks?
TBC utilizes a UTXO (Unspent Transaction Output) and Proof-of-Work (PoW) model, similar to Bitcoin, but with innovations for performance. It features the Bitcoin Virtual Machine (BVM) and a scalable BTC Layer2 solution. TBC aims for high transaction throughput, targeting 13,000 TPS initially, increasing to 100,000 TPS within a year, while significantly reducing transaction costs. Parallel execution of UTXO contracts and zero-confirmation transactions contribute to faster processing and efficiency.
What are the primary technological features that define Turingbitchain's architecture and capabilities?
TBC integrates the pioneering Bitcoin Virtual Machine (BVM) and a scalable BTC Layer2 solution. It leverages the UTXO and PoW model for security and decentralization. Key features include TuringContract, a high-performance smart contract solution under the UTXO model, the Turing TXID Scheme for enhanced data validation, and TuringBridge, a cross-chain infrastructure for interoperability with Bitcoin and Web3. Zero-confirmation transactions are also implemented for prompt contract execution results.
What are the intended use cases and applications for Turingbitchain (TBC) within the Web3 ecosystem?
TBC aims to support a wide array of Web3 applications, including NFTs, DeFi, data storage, and BTCFI (Bitcoin Finance). It plans to integrate Ordinals and BRC20 protocols, enhancing Bitcoin's functionality for daily transactions and smart contracts. Its design provides scalable on-chain capacity, efficient transaction processing, and predictable transaction costs, making it suitable for frequent transfers and large-scale payment activities within the decentralized ecosystem.
What is the tokenomics model for Turingbitchain (TBC), including its supply and distribution?
The TBC token has a maximum supply of 2.1 billion. The allocation includes 50% for ecological development funds, 30% for investors, 10% for the TBC Foundation, 5% for the development team and consultants, 3% for node developer incentives, and 2% for community and promotion. A significant portion (93.3% or 1.958 billion tokens) is locked in production, with the remaining 6.7% (142 million tokens) generated through mining over 100 years, with halving every 4 years, similar to Bitcoin.
How does Turingbitchain (TBC) differentiate itself and build upon Bitcoin's foundational principles?
TBC is described as a hard fork of Bitcoin and a side chain that builds upon Bitcoin's foundation. It aims to solve Bitcoin's limitations in scalability, high transaction fees, and complex smart contract capabilities, while preserving Bitcoin's core principles of decentralization and security. TBC introduces advanced features like the TuringContract for efficient smart contract functionality and enhanced throughput that Bitcoin traditionally lacks, bridging its security with Web3's programmability.
