#TBC# is a bit confusing, TBC's total supply is 2.1 billion, max supply is 142 million, what's going on? How much is it exactly? Can someone explain?

TBC26.26%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 10
  • Share
Comment
0/400
GQCvip
· 07-30 21:12
How to join the Axiang community?
View OriginalReply0
TBCAxiangCommunityChuvip
· 07-29 15:34
Hello, TBC is a mining coin, just like Bitcoin, it is mined through mining, with a halving every four years. By 2028, there will be approximately 65 million TBC, and it will take 100 years to mine 142 million TBC.

The total supply is 2.1 billion, with 93.3% permanently locked, and the remaining 6.7% is 142 million TBC.

See if you understood? If you need to know more, you can come to the Axiang community, which is the earliest consensus community for TBC.
View OriginalReply0
View More
AxiangCommunityFollowvip
· 07-29 15:24
Introduction to TBC (Turing Bit Chain)
1. Economic Model: A total issuance of 2.1 billion coins, of which 93.3% are permanently locked. The remaining 6.7% (142 million) are generated through Mining, which will take 100 years to mine out, with a current daily output of 42,500 coins. The current market Circulating Supply is around 17.5 million, while the actual Circulating Supply is only about 12 million coins. The Mining mechanism is the same as Bitcoin, with a Halving every 4 years, leading to an estimated total Circulating Supply of about 65 million coins by 2028, with no further issuance.
2. Technical Features: TBC is the world's first public chain to implement Turing Complete smart contracts based on the Bitcoin UTXO model.
1. Technical Highlights: Ultra-high performance, with a theoretical TPS (transactions per second) exceeding 13,000+, which is 1,800 times that of native Bitcoin.
2. Ultra-low fees: The Transaction Cost for a single transaction is approximately 0.0002$, only one ten-thousandth of Ethereum fees, and the Transaction Cost is never subject to inflation.
3. Ultra-fast speed: On-chain transaction confirmation has zero latency, achieving second-level confirmations, suitable for high-frequency payment scenarios.
4. Economic Value: TBC's market capitalization is now less than one ten-thousandth of Bitcoin, with limitless potential for future value growth.
View OriginalReply2
TBCAhXiangCommunityLittleBookvip
· 07-29 14:49
Introduction to TBC (Turing Bit Chain)
1. Economic model: A total issuance of 2.1 billion coins, of which 93.3% is permanently locked. The remaining 6.7% (142 million) is produced through Mining, which will take 100 years to mine completely, currently producing 42,500 coins daily. The current market Circulating Supply is around 17.5 million, but the actual Circulating Supply is only about 12 million coins. The Mining mechanism is the same as Bitcoin, with a Halving every 4 years. By 2028, the total Circulating Supply will be approximately 65 million coins, with no further issuance.
View OriginalReply1
TomorrowWillBeBettervip
· 07-29 14:46
This coin has very little circulation, currently only about 10 million, with global flow, it is very scarce.
View OriginalReply1
TomorrowWillBeBettervip
· 07-29 14:45
Only 1.42 millionths of a hundred years of Mining output, the rest went into the black hole.
View OriginalReply1
TBCAhXiangCommunityChargevip
· 07-29 14:44
Introduction to TBC (Turing Bit Chain)
1. Economic Model: The total issuance is 2.1 billion coins, of which 93.3% is permanently locked. The remaining 6.7% (142 million) is produced through Mining, which will take 100 years to complete, yielding 42,500 coins daily. Currently, the market Circulating Supply is around 17.5 million, while the actual Circulating Supply is only about 12 million coins. The Mining mechanism is the same as Bitcoin, halving every 4 years, with a total Circulating Supply of around 65 million coins by 2028, and no increase in issuance.
2. Technical Features: TBC is the world's first public chain to achieve Turing Complete smart contracts based on Bitcoin's UTXO model.
1. Technical Highlights: Ultra-high performance, theoretical TPS (Transactions Per Second) exceeds 13,000+, which is 1,800 times that of native Bitcoin.
2. Ultra-low fee rate: The cost of a single transaction fluctuates around $0.0002, which is only one ten-thousandth of Ethereum's fees, and transaction costs are never subject to inflation.
3. Ultra-fast speed: On-chain transaction confirmation has zero latency, achieving second-level confirmation, meeting the needs of high-frequency payment scenarios.
4. Economic Value: TBC's current market capitalization is less than one ten-thousandth of Bitcoin's, with unlimited potential for value growth in the future.
View OriginalReply1
TBCAxiangCommunityCoivip
· 07-29 14:43
Introduction to TBC (Turing Bit Chain)
1. Economic Model: A total issuance of 2.1 billion coins, of which 93.3% is permanently locked. The remaining 6.7% (142 million) is produced through Mining, requiring 100 years to mine completely, with a daily output of 42,500 coins. Currently, the market Circulating Supply is around 17.5 million, but the actual Circulating Supply is only about 12 million coins. The Mining mechanism is the same as Bitcoin, with Halving every 4 years. By 2028, the total Circulating Supply will be approximately 65 million coins, with no further issuance.
2. Technical Features: TBC is the world's first public chain that implements Turing Complete smart contracts based on Bitcoin's UTXO model.
1. Technical Highlights: Ultra-high performance, with theoretical TPS (Transactions Per Second) exceeding 13,000+, which is 1,800 times that of native Bitcoin.
2. Ultra-low Fees: The Transaction Cost for a single transaction fluctuates around $0.0002, which is only one ten-thousandth of Ethereum's fees, and the Transaction Cost will never experience inflation.
3. Ultra-fast Speed: Zero latency for on-chain transaction confirmations, achieving second-level confirmations, suitable for high-frequency payment scenarios.
4. Economic Value: TBC's current market capitalization is less than one ten-thousandth of Bitcoin's, with unlimited potential for future value growth.
View OriginalReply1
YichenUnchangedvip
· 07-29 14:39
19. Several hundred million has gone into the black hole.
View OriginalReply1
View More
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate app
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)