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Seville
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August 01, 2018, 04:32:12 PM |
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At present, the overall situation of the encrypted money market is not good. The FLASH project team needs to strengthen market value management.
You know, if you notice, the teams of almost any projects are not engaged in the interests of the price of coins. The team is mainly focused on implementing their plans and implementing the idea following the road map. All you need time and expectation, patience. The team doesnt hype stuff up and cause fomo and pumps. Instead they work hard and do things that are necessary for the benefit of the project and then in the end they present things once everything is done. |
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5DChessMoves
Jr. Member
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Activity: 98
Merit: 1
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August 01, 2018, 04:44:13 PM |
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I'm confused is there mining or not? Miners secure the ledger but all coins are in circulation?
The whitepaper says it uses something called "Flash Consensus" which is a blend of DPOW and DPOS. Which means that all coins were premined. So the nodes will be used to validate transactions and be paid for it. Also the hash is so simple that any cpu can handle it |
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LongStockings
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Activity: 84
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August 01, 2018, 04:51:20 PM |
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The new method of validating is something that no other coin has fully implemented. That is one reason why FLASH will be the first 3rd Gen blockchain
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FirePoseidon
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August 01, 2018, 05:06:38 PM |
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The new method of validating is something that no other coin has fully implemented. That is one reason why FLASH will be the first 3rd Gen blockchain
No other coin has DPOS + DPOW implemented together? |
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BallinRegard
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August 01, 2018, 05:28:29 PM |
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I agree, been noticing a strong presence on all social platforms. Seems like people are finally catching on to FLASH
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HickorySmoked
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Activity: 24
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August 01, 2018, 05:36:48 PM |
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Financial collapse will make FLASH go to the moon since BTC is too slow to even use in daily micro transactions
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enkiamo
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August 01, 2018, 05:51:11 PM |
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Financial collapse will make FLASH go to the moon since BTC is too slow to even use in daily micro transactions
My assumption is BTC will always be gold. For real world transactions something quick is required, FLASH fills that niche. |
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HickorySmoked
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August 01, 2018, 05:58:52 PM |
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Also the fees are low. Most important its not toxic like xrp or other centralized coins controlled by a central authority.. Basically they are mini-banks
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enkiamo
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August 01, 2018, 06:11:51 PM |
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Also the fees are low. Most important its not toxic like xrp or other centralized coins controlled by a central authority.. Basically they are mini-banks
XRP is like Ecoin from Mr. Robot, it's a bank coin, it's not a cryptocurrency. It shouldn't be listed on CoinMarketCap. FLASH is literally the opposite, as it is an open source, decentralized blockchain owned by no one with no middleman or centralized power. |
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TenToesDown
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Activity: 70
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August 01, 2018, 06:19:30 PM |
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Also the fees are low. Most important its not toxic like xrp or other centralized coins controlled by a central authority.. Basically they are mini-banks
Bankers are evil that is why the system is failing. Because the fiat is backed by nothing and they keep printing more |
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CEOKEY
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August 01, 2018, 06:20:59 PM |
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The low fee is the advantage of the FLASH project in the market. I would like to know about how the transaction fee of FLASH can be raised or lowered depending on the specific needs will be like?
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enkiamo
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August 01, 2018, 06:36:03 PM |
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The low fee is the advantage of the FLASH project in the market. I would like to know about how the transaction fee of FLASH can be raised or lowered depending on the specific needs will be like?
The current 0.001 FLASH transaction fee was agreed upon by the community. These fees may be raised or lowered in the future, as voted by the elected Delegate nodes. The goal of FLASH is to offer fast transactions for the absolute lowest fees possible, a blockchain for everyday people. |
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Seville
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August 01, 2018, 06:42:43 PM |
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Right now banks are worse than criminals. They take your money and lend out 90% of it to other people to make a profit called "Fractional lending" while at the same time freezing your account and telling you "your funds are questionable". How is that even fair. They make so much money and restrict your own use of your money. That is far worse than being a robber or thief.
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WaxMillion
Newbie
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Activity: 37
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August 01, 2018, 06:50:41 PM |
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I agree with you @Seville. The good thing about crypto is you can do whatever u want with it and never have to ask anyone.. want to send it to someone? Go ahead? Sell all at once and buy a car? No questions asked...
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Flowerddance
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August 01, 2018, 06:53:27 PM |
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A very interesting idea for the project, can you see the list by the developer?
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enkiamo
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August 01, 2018, 07:17:12 PM |
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I agree with you @Seville. The good thing about crypto is you can do whatever u want with it and never have to ask anyone.. want to send it to someone? Go ahead? Sell all at once and buy a car? No questions asked...
The day when crypto really makes it is when you don't have to sell into fiat to buy anything. Just pay directly with crypto, that's the day when power is returned back to the people. |
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ESnowdan
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August 01, 2018, 07:23:20 PM |
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That FTI barter thing is a great idea because that is another step towards that reality.. Buy groceries online for crypto.
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BallinRegard
Newbie
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August 01, 2018, 07:49:48 PM |
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That FTI barter thing is a great idea because that is another step towards that reality.. Buy groceries online for crypto.
Yea i checked it out they looking to expand to a whole network of barter exchanges across the world |
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Seville
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August 01, 2018, 08:05:39 PM |
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Did anyone else see on Einstein site they offer better much lower trading fees if you use FLASH? Wonder if thats gonna be a big thing soon with them
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Seville
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August 01, 2018, 10:14:28 PM |
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Trading Fees
0.25%
All Trades - Excluding Flash Coin
If you trade $1,000 in Bitcoin, you'll pay a fee of $2.50.
0.5 Units
Flash Coin Trades
Flat fee of 0.5 Flash coin on all Flash coin trades.
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