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TBC Core Developer: A brand-new Bitcoin Layer 2 scaling solution has been successfully tested.
According to official announcements, the TuringBitchain (TBC) Layer2Alpha version, a Bitcoin scaling solution, is set to be officially deployed on December 10th. The open-source release is planned for the first quarter of 2024. TBC has completed the backup mapping of confidential assets on the Bitcoin network, enhancing the anti-fragility of these assets. TBC inherits the advantages of Bitcoin's POW+UTXO model while providing improved scalability and Turing-complete smart contract capabilities. It is designed to be more suitable for the development and deployment of Web3 applications. This approach with large blocks aims to address network congestion and reduce user gas fees. |
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