FLASH is a community supported blockchain designed for small and rapid transactions. Community members can send and receive FLASH and use it for any purpose.There are only 900 million coins and they were all distributed to the community.
FLASH is based on Litecoin, but it’s very efficient and because the mining is minimal and done by volunteers, transaction fees are very low. Security feature of FLASH is provided through an unique distributed node based governance model is quite popularly known as GovNodes.
FLASH was at an initial price of INR 0.3204 on 1 September 2017 and then its price dipped down to INR 0.2722 on 30 September 2017.
FLASH was at an initial price of INR 0.2498 on 1 October 2017 and then its price stabilised at INR 0.2930 on 30 October 2017.
FLASH was at an initial price of INR 0.3168 on 2 November 2017 and then its price was seen trading at INR 0.3005 on 30 November 2017.
FLASH was at an initial price of INR 0.3539 on 1 December 2017 and spiked up to to INR 2.52 on 31 December 2017.
FLASH was at an initial price of INR 2.10 on 1 January 2018 and moved up to INR 2.81 on 31 January 2018.
FLASH was at an initial price of INR 3.17 on 1 February 2018 and dipped down to INR 2.16 on 28 February 2018.
Some of the interesting features of FLASH are:
Public blockchain operated for resolving public issues Zero Inflation as all coins mined were issued to the community. No new coins will ever be issued. (Interesting fact: If you want to buy/sell/trade FLASH you will need to do it with community members.) No unfair Advantage practising: Everyone donated for less than 0.1% of the FLASH that was given to people who tested FLASH. Optimized and tested for efficiency and high volume Decentralized governance (GovNodes) Community supported: Open for any developer to build a project, collect a fee for using the app directly into own wallet. Eco-Friendly. The FLASH team has benchmarked 25k transactions per second using 80 watts of power till date .