We construct localization cofibration sequences for the topological Hochschild
homology (THH) and topological cyclic homology (TC) of small spectral categories.
Using a global construction of the THH and TC of a scheme in terms of the perfect
complexes in a spectrally enriched version of the category of unbounded complexes,
the sequences specialize to localization cofibration sequences associated to the
inclusion of an open subscheme. These are the targets of the cyclotomic trace from
the localization sequence of Thomason–Trobaugh in K–theory. We also deduce
versions of Thomason’s blow-up formula and the projective bundle formula for THH
and TC.
Received: 18 November 2010
Revised: 7 February 2012
Accepted: 7 March 2012
Published: 5 June 2012
Proposed: Ralph Cohen
Seconded: Haynes Miller, Jesper Grodal