Are There Hybrid Payment Methods like Pay-Per-Last-N-Shares (PPLNS) and How Do They Work?

Yes, PPLNS is a common hybrid method that mitigates the risk of "pool hopping." PPLNS calculates a miner's payout based on the shares submitted over a "window" of the last N shares, rather than just the shares submitted in the current round. If a block is found, the reward is distributed proportionally to the shares submitted within that moving window.

This incentivizes miners to stay connected to the pool for longer periods to maximize their potential payout.