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#TBC# Parallel processing under the UTXO model (TBC technical solution)
The TBC parallel processing model based on UTXO is an innovative technology that breaks through the limitations of traditional blockchains. The core lies in upgrading and transforming the UTXO model to achieve more efficient transaction processing.
1. What is UTXO parallel processing?
- Upgrade the traditional UTXO model to support the simultaneous processing of multiple transactions, changing the traditional blockchain's "single-threaded" transaction processing mode.
- Avoid transaction conflicts through technical design (such as the double spending of the same UTXO), achieving high-speed transaction processing while ensuring security.
2. The actual effect of TBC parallel processing
1. Achieve ultra-high TPS (transactions per second) of over 13,000, far exceeding most traditional blockchains.
2. Support real-time trading for global users, reducing latency in cross-regional transactions.
3. Can quickly execute complex smart contracts, resolving the contradiction between the compatibility of traditional UTXO models and processing speed in smart contracts.
TBC provides an ideal operating environment for large-scale blockchain applications (such as cross-border payments, high-frequency trading scenarios, etc.) through this technology, while meeting the functional requirements of smart contracts and the scalability requirements of blockchain.