📢 Gate Square #Creator Campaign Phase 2# is officially live!
Join the ZKWASM event series, share your insights, and win a share of 4,000 $ZKWASM!
As a pioneer in zk-based public chains, ZKWASM is now being prominently promoted on the Gate platform!
Three major campaigns are launching simultaneously: Launchpool subscription, CandyDrop airdrop, and Alpha exclusive trading — don’t miss out!
🎨 Campaign 1: Post on Gate Square and win content rewards
📅 Time: July 25, 22:00 – July 29, 22:00 (UTC+8)
📌 How to participate:
Post original content (at least 100 words) on Gate Square related to
Introduction to TBC (Turing Bit Chain)
1. Economic Model: A total issuance of 2.1 billion pieces, of which 93.3% is permanently locked. The remaining 6.7% (142 million) will be produced through mining, which will take 100 years to complete, yielding 42,500 pieces daily. Currently, the market circulation is about 17.5 million, while the actual circulation is only around 12 million pieces. The mining mechanism is the same as Bitcoin, halving every 4 years, with a total circulation expected to be around 65 million by 2028. No additional issuance.
2. Technical Features: TBC is a hard fork of Bit, originating from the same root as Bit. It also features the world's first Turing-complete UTXO (transaction model) smart contract, making it the smart contract layer of Bit.
1. Technical Highlights: Ultra-high performance, theoretical TPS (transactions per second) exceeds 13000+, which is 1800 times that of native Bit.
2. Ultra-low fee rate: The cost of a single transaction is approximately $0.0002, which is only one ten-thousandth of the Ethereum fee, and the transaction cost will never inflate.
3. Ultra-fast speed: On-chain transaction confirmation with zero delay, achieving second-level confirmations to meet the needs of high-frequency payment scenarios.
4. Economic Value: TBC's current market value is less than one ten-thousandth of Bitcoin, and its future value growth potential is limitless.