Cryptocurrency Q&A What does flash mean in crypto?

What does flash mean in crypto?

Filippo Filippo Mon Dec 23 2024 | 5 answers 1276
I'm wondering about the term 'flash' in the context of cryptocurrency. What does it signify or represent in this domain? What does flash mean in crypto?

5 answers

WhisperWindLight WhisperWindLight Wed Dec 25 2024
Unlike traditional loans, flash loans do not demand upfront collateral.

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CryptoMercenary CryptoMercenary Wed Dec 25 2024
Assets are borrowed and promptly returned within a single blockchain transaction.

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Chiara Chiara Wed Dec 25 2024
The entire process is seamlessly facilitated by intelligent smart contracts.

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henry_rose_scientist henry_rose_scientist Wed Dec 25 2024
This feature sets flash loans apart in the broader financial landscape.

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charlotte_clark_doctor charlotte_clark_doctor Wed Dec 25 2024
Flash loans represent a distinctive lending mechanism within the decentralized finance (DeFi) ecosystem.

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