Flash is a peer to peer cryptocurrency focused on fast micro transactions. It is based on Litecoin’s codebase. There are a total of 900 million Flash coins. Transaction fees are very cheap. It is usually under a penny. Transactions usually get confirmed in just 5 seconds. However, such small block times can lead to higher orphan rates, where a transaction which got confirmed can then get unconfirmed. It claims to support 25,000 transactions per second (at the cost of decentralization). Because all coins have already been minted, it has zero inflation. GovNodes provide decentralized governance.