$TBC $TBC #
The UTXO smart contract system of TBC is not just
It is a technological upgrade that redefines blockchain.
The "impossible Trinity:"
Security: Inherits Bitcoin's PoW consensus
Identification mechanisms and UTXO double spending prevention mechanism
Can effectively resist 51% attacks and quantum computing threats.
Threat:
Decentralization: Through the orthodoxy of Bitcoin nodes
Inherit to achieve truly decentralized contract deployment;
Scalability: With large block capacity and parallelism
Processing architecture that can support millions of transactions per second in the future