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
KYC (Know Your Customer)
KYC stands for "Know Your Customer", a process for business entities are required to verify its clients and assessing them.
Hot Wallet
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Bots
Refers to software or programmes that automatically trade based on preset behaviours.
Burned Tokens
Tokens which have been sent to addresses whose private key are not known, effectively becoming unusable.
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