TuringBitChain (TBC) has been launched as a new Bitcoin hard fork, designed to enhance scalability and security for peer-to-peer transactions. Utilizing the Proof of Work consensus mechanism and the UTXO model, TBC aims to support large-scale payments and on-chain applications. The project introduces a UTXO-based smart contract system and larger block sizes to improve scalability. The TuringBitChain team highlights decentralization and transparent verification as key features of the project, aiming to provide a robust platform for secure and efficient transactions. This launch marks a significant step in the evolution of blockchain technology, offering new capabilities for developers and users alike.