Flippening

The Flippening is an expected paradigm shift[1] in the world of cryptocurrency, where the values of altcoins are no longer primarily based on the value of Bitcoin. It marks the end of the absolute dominance and special status, in the form of market cap and brand awareness, that Bitcoin has had in cryptocurrency markets ever since its inception in 2009.[2]

## Contents

* 1 Background
* 2 See also
* 3 References
* 4 External links

## Background

Most altcoin standards have some technical advantages over the older Bitcoin protocol, like being more scalable and offering faster and cheaper transactions. Some altcoins use newer generation blockchains with added features like smart contracts, while others forego blockchains altogether, and rely on alternative technologies.

In the middle of 2017 there were increasing concerns, or expectations, that Ethereum would eventually take over the role as the most important cryptocurrency in the market.[3] This possible event was dubbed "The Flippening".

Similar expectations that Ripple would be the cryptocurrency to take over started appearing by the end of 2017. This possibility is generally referred to as "The Rippening".[4]

## See also

* Cryptocurrency bubble

## References

1. ↑ Buntinx, JP (March 18, 2017). "What Is the Flippening?". The Merkle. https://themerkle.com/what-is-the-flippening/.
2. ↑ Oberhaus, Daniel (June 13, 2017). "Bitcoiners Are Freaking Out Over 'The Flippening'". Motherboard. https://motherboard.vice.com/en_us/article/gypwqq/bitcoiners-are-freaking-out-over-the-flippening.
3. ↑ Memoria, Francisco (June 14, 2017). "The Flippening: Is Ethereum Set to Become the #1 Cryptocurrency?". CCN. https://www.ccn.com/flippening-ethereum-set-become-1-cryptocurrency/.
4. ↑ Sedgwick, Kai (January 3, 2018). "Rising Ripple Threatens to Usurp Bitcoin and Usher In "The Rippening"". Bitcoin News. https://news.bitcoin.com/rising-ripple-threatens-usurp-bitcoin-ushering-rippening/.

## External links

* Relationship Between Cryptocurrency & Online Merchants

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Cryptocurrencies

Technology|

* Blockchain
* Cryptocurrency tumbler
* Cryptocurrency exchange
* Cryptocurrency wallet
* Cryptographic hash function
* Distributed ledger
* Fork
* Lightning Network
* Smart contract

Consensus mechanisms|

* Proof of authority
* Proof of space
* Proof of stake
* Proof of work

Proof of work currencies|

| SHA-256-based|

* Bitcoin
* Bitcoin Cash
* Counterparty
* MazaCoin
* Namecoin
* Peercoin
* Titcoin

|

Ethash-based|

* Ethereum
* Ethereum Classic

Scrypt-based|

* Auroracoin
* Bitconnect
* Bitcoin Gold
* Coinye
* Dogecoin
* Litecoin
* PotCoin

Equihash-based|

* Zcash

CryptoNote-based|

* Monero

X11-based|

* Dash
* Petro

Lyra2-based|

* Taler

Other|

* Primecoin
* Verge
* Vertcoin
* Zcoin

Proof of stake currencies|

* Gridcoin
* EOS.IO
* Nxt
* Steem
* Tezos

ERC-20 tokens|

* Aragon
* Augur
* Aventus
* Basic Attention Token
* Centra
* Kin
* KodakCoin
* Minds
* Power Ledger

Other currencies|

* BitShares
* Filecoin
* Libra
* NEM
* NEO
* Ripple
* Stellar
* Tether

Related topics|

* Airdrop
* BitLicense
* Blockchain game
* Complementary currency
* Crypto-anarchism
* Cryptocurrency bubble (2018 cryptocurrency crash)
* Digital currency
* Double-spending
* Initial coin offering
* Initial exchange offering
* Initiative Q
* List of cryptocurrencies
* Stablecoin
* Token money
* Virtual currency

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