Fork (Soft)
A modification made to the software of a cryptocurrency that preserves its compatibility with the original version.
Fork
A modification made to the initial codebase of a software program.
Founders’ Reward
A portion of a block reward that is given to a cryptocurrency’s creators rather than to its miners. A cryptocurrency having a Founders’ Reward is Zcash.
Fungibility
Many economists consider fungibility to be an essential aspect of effective currencies, as it ensures that all units in a money supply are precisely equal in value.
FUD
Fear, Uncertainty, and Doubt. Prevailing emotions that lead one to believe that the prices of cryptocurrencies will inevitably decline, despite any logical evidence to the contrary.
Fast Money
A popular TV program that often covers the topic of cryptocurrencies on the business news channel CNBC.
FOMO
Fear of Missing Out. Investors who experience FOMO tend to purchase cryptocurrency fueled by emotions and apprehension of losing out on potential profits.
Fiat
Government-produced and -issued common money that is used almost universally as the default medium of exchange. Fiat currencies include the Euro, Chinese Yuan, Japanese Yen, US dollar and others.
Free Society
A theoretical community where individuals are not compelled to engage in any activity that goes against their personal preferences. All actions are completely voluntary and nobody is coerced into doing something they do not want to do.
Faucet
A platform that periodically sends its users small amounts of cryptocurrency while generating revenue through advertising other services.