A popular internet vernacular used in forums, chat rooms, instant messages, text messages, and online games.
The features of the vernacular include deliberate shortenings of words and acronyms in order to communicate with as few characters as possible.
Punctuation, capitalization, and less intuitive spelling is usually left out for the purposes of increasing the efficiency of communication.
Chatspeak also includes some slang terms from popular internet fads which are usually intended to be humorous.
Example of a conversation in the most popular form of chatspeak: