Flappening
By Cryptomcmillan1 | Updated on May 24, 2020
Flappening is a term used to describe Litecoin growing bigger and becoming more valuable than Bitcoin Cash (BCH). It is spawned from the term Flippening (used when another crypto overtakes Bitcoin). Flappening is likely a term as the Litecoin community also circulates a meme called "Arise chikun(chicken)" to describe the rise in price of the coin.
Related Terms
Segregated Witness (SegWit)
A soft fork implementation to change the Bitcoin Protocol's transaction format to address Bitcoin's scalability issues whilst introducing new features.
Derivatives Market
A market for derivatives which are instruments such as futures or options whose value is derived from an underlying asset.
Pay-Per-Last N Shares (PPLNS)
PPLNS system only pays miners after the pool has discovered the block. This means you'll only be compensated once the block has been discovered.
PFP
It means both 'profile pic' and 'picture for proof'.
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