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TheProtocolsOfZion
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Distributed Ledger Technology (DLT)

The DLT is the database that is “decentralized” across several computers or nodes. Every node will maintain the ledger and if data changes happen the ledger is updated in exact worth. “Updates” are independent of each “node”. All nodes have equal status authority. There is no central authority or server managing the data base. Each node can update the ledger and other nodes verify its existence.

Transparency

A.I. Nodes verify the transaction with the “consensus algorithm” Sometimes all nodes can participate and sometimes only selected nodes. Once all nodes get a “go” all nodes receive updated status.

Cross-Border Interbank Payment System (CIPS)

The CIPS Virtual Currency will look, on the surface, much like Bitcoin, but it will be secured by real assets and it will replace all current currencies, worldwide.

Transactions will run on the QFS VPN and can be used for the purchase of all goods and services, utilizing the resources of the CIPS.

100 billion coins will be minted in gold and 100 billion coins will be minted in silver. Once minted, there will never be more, or fewer coins in existence. Each CIPS coin will have a virtual counterpart.

The QFS AI will keep track of fluctuation and will manage all bounding conditions (as well as keep track of all locations)

Blockchain

“Blockchain” is just a type of distributed ledger. The DLT is the parent of Blockchain. In Blockchain every node gets its very own copy of the ledger. All instant transactions are encrypted before being added to the ledger.

Blockchain does NOT require a central authority; it is decentralized completely as DLT. Blockchain organizes data in terms of “blocks” that are “linked” and “encrypted” for full GPS security. All data (transactions) exist in history and cannot be altered or deleted thus creating pristine clean integrity of all transaction.

Blockchain: Structure is blocks of data – Specific “sequence” of blocks

Distributed Ledger Technology: Database spread across different nodes – no specific sequence

Sequence is the distinguishing difference in BLOCKCHAIN

Blockchain is merely a “subset of distributed ledgers. Blockchain takes DLT to the next level to (instantiation of digital values and interoperability).

Distributed Ledger Technology is the parent to Blockchain Technology. DLT is the means to “eliminate” the bank oversight. DLT solves in that the issues in the financial realm – Blockchain is part of the crypto currency world.

How To Manage “New Funds” (Asset Backed) in the QFS?

How do I use funds? All Bank screens are now dark!

In the new system, “you” will receive an E-notification from the A.I. that your expected asset backed funds are prepared to “Ledger” to the specific account you have annotated previously. You will follow the “prompts” asking for your “old” access code (password)