Головна
Словник
Flippening

Flippening

A hypothetical scenario where Ethereum's market cap overtakes Bitcoin's.

What Is the Flippening?

A situation hoped for by Ethereum fans, where the total market cap of Ether surpasses the total market cap of Bitcoin.

The term was invented in 2017, and is a phrase describing the potential moment when ETH will become the world’s biggest cryptocurrency.

As it stands, Bitcoin, which was the first cryptocurrency to be invented, has the biggest market cap and is streets ahead.

The market cap of Bitcoin has plunged at certain points, particularly in early 2018. 

This gave rise to the idea that flippening may take place. 

A key factor that prompted speculation that a flippening would take place stemmed from the belief Ethereum provides greater flexibility and the added advantage of being able to write smart contracts. 

Some degree of internal flippening occurred in November 2019. 

The number of ERC-20 transactions exceeded the number of transactions completed using Ethereum itself.
Phishing

When a scammer pretends to be a trusted institution or person to trick people into revealing sensitive info...

Повне визначення >
Decentralized

Decentralization refers to the property of a system in which nodes or actors work in concert in a distribut...

Повне визначення >
Rage-quit

Rage-quit is the process where a member of a DAO exits part or all of their stake, leaves with a proportion...

Повне визначення >
Cryptocurrency

Cryptocurrencies are digital currencies that use cryptographic technologies to secure their operation.

Повне визначення >
Annual Percentage Yield (APY)

Annual percentage yield (APY) is the rate of return gained over the course of a year on a specific investme...

Повне визначення >
Cryptographic Hash Function

Cryptographic hash functions produce a fixed-size hash value from a variable-size transaction input.

Повне визначення >