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🔥 Day 8 Hot Topic: XRP ETF Goes Live
REX-Osprey XRP ETF (XRPR) to Launch This Week! XRPR will be the first spot ETF tracking the performance of the world’s third-largest cryptocurrency, XRP, launched by REX-Osprey (also the team behind SSK). According to Bloomberg Senior ETF Analyst Eric Balchunas,
#TBC# The era of TBC is coming, are you ready?✌️
TuringBitChain #TBC# , referred to as TBC(, is a public chain based on the UTXO model, forked from the original Bitcoin protocol. Here are some of its features:
1. Technological Innovation: Starting from the basic TXID generation method, we enhanced parallel performance and created a purely single-layer practical Turing-complete smart contract solution TuringContract based on the UTXO model. This can achieve all EVM logic and offers high performance with very low transaction fees.
2. Consensus Mechanism and Algorithm: Adopting the same POW consensus scheme and SHA256 mining algorithm as BTC, ensuring the decentralization and security of TBC.
3. Block parameters: The block interval is approximately every 10 minutes, the difficulty adjustment algorithm is Asert FastDAA, and the initial block size limit is 4G, which may dynamically expand based on circumstances.
4. Token Information: The token of the TBC public chain is called TBC token, with an issuance date of February 15, 2024. The maximum supply cap is 2.1 billion, of which 93.3% exists naturally and is locked during the fork, while the remaining 6.7% is generated through POW mining.
5. Main advantages: It has decentralization, compliance and efficiency, unlimited scalability, and zero-confirmation transaction technology, allowing data storage, contract execution, and transaction transmission to be completed on a single chain. It also shares the same address as Bitcoin wallets and will achieve a 1:1 mapping function with Bitcoin in the future.
6. Development History: In September 2021, the foundational invention technology was announced; in March 2022, the Turing-complete high-performance Layer 1 smart contract Turing - Contract was released; in December 2023, the TBC Alpha testing network went live; on February 14, 2024, the mainnet was officially launched.
TBC aims to unleash the potential of Bitcoin in participating in DeFi, NFT, LSD, and other ecological applications through the Bitcoin Virtual Machine )BVM(, facilitating the future integration of UTXO BVM chain and account model EVM chain ecosystems, creating a comprehensive underlying protocol to become a high-performance and Turing-complete blockchain infrastructure.