Pplnt method what is it?

I noticed a couple pools support a method called pplnt how does this method work is it similar to pps or just a version of pplns that calculates your share based off of something other than hashrate.

Pay Per Last N Timeshares.

It’s like PPLNS (Pay Per Last N Shares), but based on time slices instead of work slices. Keeps a monster-sized miner from quickly accumulating enough shares to be inside the penalty window, even though they’re only on pool from a short time.

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