Thank you, Jinse Finance
@JinseFinance, for posting the article on @TuringBitChain_ (#TBC)
Link: m.jinse.cn/blockchain/367&
We are a public blockchain based on the UTXO model, derived from Bitcoin's original protocol. With enhanced parallel performance and Layer-1 smart contract solutions, TBC achieves unlimited scalability while ensuring decentralization.
The UTXO model records transactions as "Unspent Transaction Outputs" (UTXOs), offering enhanced user privacy and theoretical parallel transaction processing. This contrasts with the balance-based model used in ETH and traditional banking, aligning with Bitcoin's goals of transparency, fairness, and auditability.