Founders’ Reward

A percentage of block reward that is paid to the founders of a cryptocurrency rather than to its miners. Zcash is a cryptocurrency with a Founders’ Reward.

Fork (Hard)

A change in a cryptocurrency’s software that makes it incompatible with the original version. For example, any block size increase in the Bitcoin protocol constitutes a hard fork.

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Fork (Soft)

A change in a cryptocurrency’s software that does not make it incompatible with the original version.

Fork

A change in the original code of a software.

Frictionless

A term used to describe the way that cryptocurrencies remove many of the inefficiencies and hassles inherent in alternative methods of transferring payment.

Forging Reward

An amount of coins paid to users for participating in PoS consensus.

Faucet

A website that sends users small amounts of cryptocurrency intermittently and make money by advertising other services.

Free Society

A hypothetical society in which no one is forced to do anything against their wishes and all actions are voluntary.

Fiat

Paper money issued by governments as default currency. The US Dollar, Japenese Yen, Chinese Yuan, and Euro are all fiat currencies.

FOMO

Fear of Missing Out. Investors with FOMO buy cryptocurrency (emotionally rather than logically) for fear of missing out on profits.

Fast Money

A CNBC show on which cryptocurrencies are frequently discussed.  

FUD

Fear Uncertainty and Doubt. The emotional (rather than logical) belief that cryptocurrency prices will fall.

Fungibility

The idea that all units in a money supply are exactly equal. Fungibility is considered to be an essential aspect of effective currencies by many economists.

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