FLASH will implement a new delegate-based consensus model called FLASH Consensus (FC). FC retains the decentralized spirit of cryptocurrency by relying on elected Delegates to rapidly reach blockchain consensus and ensure security. Every user will be able to use FLASH coins to cast votes for Delegates. Delegates will vote on network matters such as transaction fees and miner selection.

Delegates elect 25 Miners who create new blocks on the blockchain. Rather than using PoS or PoW to secure the chain, FC controls the ordering of block generation rights by providing each Miner with a specific timeslot during which they can mine a block. When a Miner creates a block on the chain, that block serves as a vote indicating legitimacy. This new delegate model maintains network security while simultaneously enabling high transaction throughput.

The FC algorithm also introduces a concept called Consensus Height (CH). CH refers to the moment when >50% of elected Miners have created a block on top of any given block in the chain. When this happens, consensus has been achieved and a block is considered legitimate.

Trading on exchange

Token Sale 11/27/2016 midnight - 12/23/2016 midnight
Country Liechtenstein

Token exchange price

Current price 0.0070026767 USD (0.00000104 BTC)
Hourly change
2.43%
Daily change
10.98%
Weekly change
9.81%
Last price update 09/21/2018 8:30 a.m. UTC

Token exchange statistics

Available supply 900.0 million FLASH
Total supply 900.0 million FLASH
Market cap 6,302,409 USD
Volume (24h) 1,533.00801852 USD

Exchanges

Exchange Pair Latest price 24h Change 24h High 24h Low 24h Volume
Cryptopia

Cryptopia

FLASH/BTC 0.00000101 1% 0.00000103 0.00000095 176,894.157
Exchange Pair Latest price 24h Change 24h High 24h Low 24h Volume
Cryptopia

Cryptopia

FLASH/LTC 0.00014853 - 0.00014853 0.00014853 -

Token price history

Trading on exchange

Token Sale 11/27/2016 midnight - 12/23/2016 midnight
Country Liechtenstein

Financial information

Current price 0.0070026767 USD
Hourly change
2.43%
Daily change
10.98%
Weekly change
9.81%

Interest

Alexa rank 1,326,321 th
Telegram participants 2,772
Twitter followers 3,580
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