You Better Jump... Jump! (Destiny)
So does every other jumping type... kinda. You can only use it "once" between touches on the ground. I can't imagine that Blink moves you further than the other movement modes (as that'd be unfair at some point) or is used less often than the others. I figure it's just a quicker, more directional, slightly more disorienting for your enemy version of double jump.
Just repeating what I saw on its Grimoire card. It seems those Beta Grimoires have been wiped by the way, so I can't screen cap.
Complete thread:
- You Better Jump... Jump! - 
Dan de Board, 
2014-08-21, 11:03 
- You Better Jump... Jump! - PackLeader89, 2014-08-21, 11:23
 - You Better Jump... Jump! - 
Xenos, 
2014-08-21, 11:48
- You Better Jump... Jump! - Doooskey, 2014-08-21, 18:42
 
 - It's a conspiracy... - Velociraptor112, 2014-08-21, 12:08
 - You Better Jump... Jump! - 
INSANEdrive, 
2014-08-21, 13:51
- You Better Jump... Jump! - 
Ragashingo, 
2014-08-21, 14:00
- You Better Jump... Jump! - INSANEdrive, 2014-08-21, 17:09
 
 
 - You Better Jump... Jump! - 
Ragashingo, 
2014-08-21, 14:00
 - Jumpin’ Lock Flash - kapowaz, 2014-08-22, 05:20
 - Jump, Jump, JUMP! - RC, 2014-08-23, 08:33