What is TuringBitChain?

Image:https://turingbitchain.io/#/

TuringBitChain (abbreviated as TBC) is a public chain that forked from the Bitcoin main chain, inheriting the security mechanism and UTXO model of Bitcoin, while innovatively introducing Layer 1 smart contract functionality at the underlying level, aiming to achieve high concurrency, low cost, and fully on-chain intelligence for Web3 public infrastructure.

Why does the Bitcoin ecosystem need TBC?

With the rise of the Ordinals protocol and BRC20, users have raised higher demands for the programmability and scalability of the Bitcoin ecosystem. However, the original Bitcoin main chain has issues such as low throughput (TPS), high transaction fees, and the inability to natively deploy complex applications. The emergence of TBC is precisely to address these bottlenecks, enabling Bitcoin to truly possess the application development capabilities of ‘Turing completeness’.

Technical Highlights: TuringTXID and TuringContract

The two core innovations of TBC are:

• TuringTXID: Achieves the scalability of transaction data through a hierarchical hashing mechanism, making the validation of historical data no longer redundant, improving storage efficiency, and also supporting lightweight contract execution;
• TuringContract: A Layer 1 smart contract system built on UTXO, featuring advantages such as parallel processing, zero-confirmation execution, security without MEV, and no need for full chain state synchronization, significantly improving the execution efficiency and composability of smart contracts.

These technologies combine to make TBC one of the few UTXO public chains capable of supporting complex application logic at the Layer 1 level.

The economic model and miner mechanism of TBC

TBC fully adopts the same PoW consensus mechanism as Bitcoin and is compatible with the SHA-256 algorithm, allowing BTC miners to seamlessly switch to the TBC network. The total issuance is 2.1 billion coins, of which 142 million coins are used for mining rewards, with an initial block reward of 625 coins every 10 minutes, halving every four years.

At the same time, TBC has set up a miner incentive mechanism and dynamic transaction fee rates. In the future, as usage increases, miners’ main earnings will come from transaction fees, ensuring the continuous and healthy operation of the network.

Summary and Outlook

TuringBitChain is not only an expansion solution for Bitcoin but also a fully functional underlying public chain aimed at global Web3 applications. Its technical architecture is highly forward-looking, and its economic model is fair and reasonable. If the ecological construction is perfected, it is expected to become the “smart settlement layer” under the BTC system, empowering the metaverse and a decentralized future.

Figure:https://www.gate.com/trade/TBC_USDT

TBC has been listed on the Gate spot market, with a price of approximately 2.3 dollars as of July 17, 2025.