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Welcome to  the Quantum Era

Galactic Federation Coin (GFC) Whitepaper


Author: Stephen Donald Favis
Date: July 23, 2025
Abstract
Galactic Federation Coin (GFC) is a next-generation cryptocurrency designed around Proof-of-Data-Transfer (PoDT), smart contract flexibility, and a hybrid architecture that combines decentralized peer-to-peer file transfer mechanisms (e.g., BitTorrent) with Ethereum-inspired ledger logic. GFC is focused on transparent governance, community resilience, and functional utility, particularly for data-centric applications.
1. Introduction
GFC was developed to address the shortcomings of traditional Proof-of-Work (PoW) and Proof-of-Stake (PoS) systems by anchoring consensus in actual utility: the verified transfer of digital assets. Unlike traditional blockchains, GFC's ledger is driven by real-world data exchange verified over a torrent-like network. The system uses a Python-based backend and a Unity-based cross-platform frontend, supporting mobile, desktop, and VR deployment.
2. Core Components
2.1 Wallets

  • Generated via SHA-256 hashed UUIDs

  • No central authority

  • Optionally linked to public/private key pairs

2.2 Ledger

  • Append-only

  • Supports transaction types: send, receive, contract_deploy, contract_exec

  • Stored as JSON lines or SQLite for local validation

2.3 Proof-of-Data-Transfer (PoDT)

  • Users gain GFC credits by successfully seeding and transferring data

  • Each transfer logs sender, receiver, timestamp, file hash, and byte count

2.4 Smart Contracts

  • Native Python-based contracts

  • Stored and hashed as files

  • Executed by a contract engine with transaction logging

  • Initial contracts include escrow, file_license, and user-defined modules

3. Technical Architecture
3.1 Backend (Python)

  • Modules: wallet.py, ledger.py, contract_engine.py, torrent.py

  • REST API (FastAPI)

  • Ledger snapshots & fork manager supported

3.2 Frontend (Unity Engine)

  • All default Unity UI components

  • Wallet interface with Home, Send, Receive, and Create Wallet panels

  • Secure QR generation planned for wallet sharing

  • Transaction confirmation windows in development

4. Tokenomics

  • Credits earned by verified file transfers

  • Debited when sending data

  • Optional staking mechanism planned via contract modules

  • Initial supply is uncapped but subject to governance

5. Governance and Forking Resilience
To ensure community trust and resilience:

  • GFC is open source

  • Official ledger snapshots are signed by trusted nodes

  • ChainID and Genesis Hash Registry track forks

  • fork_manager.py enables forking and replay filtering

  • Wallet recovery tools (wallet_verifier.py) allow signature-based balance restoration

6. Future Directions

  • Mobile and VR-ready wallet apps

  • Public smart contract library

  • GFC DAO for chain governance

  • Tokenized file licensing and ownership

  • Integration with IPFS and zero-knowledge proofs for privacy

7. Conclusion
GFC is a novel digital asset ecosystem that puts data utility and transparency first. Through PoDT and resilient design, it offers a scalable, verifiable, and community-aligned system. The initial infrastructure lays the groundwork for trustless file exchange, decentralized governance, and smart contract extensibility.
Copyright © 2025 by Stephen Donald Favis. All rights reserved.
End of Whitepaper v0.1

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