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
Public Blockchain
An open sourced blockchain where participation is public and permissionless
Market Maker
Participant of the market who creates buy and orders
Node
Within the blockchain network, the nodes are computers that connect to the network and have an updated copy of the blockchain
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.
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