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flashcoin
AVERTISSEMENTThe vast majority of ICO are only vulgar ponzi scheme scams
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.
| Platform | ETH |
| Start Date | 2018-09-06 |
| End Date | 2018-09-06 Completed |
| Raised Amount (in dollar) | N/A |
| Category | Infrastructure |
| Language | english |
| Monitored since | 2054 days |
| Accepted countries | All |
