Cryptocurrency Terms and Definitions

Freicoin is a cryptocurrency built around the economic idea of money with a storage fee. It is based on the concept of "free money" by economist Silvio Gesell.

A FUDster is a person who deliberately spreads fear, uncertainty, and doubt around a crypto project. The goal of such actions is to influence the sentiment of market participants.

Futures is a derivative exchange contract for buying or selling an asset in the future at a price agreed in advance. On the crypto market, it is used for hedging risks and for speculation.

x2 denotes a twofold increase in an amount or profit. Here "x" is a multiplication sign, so x2 means a twofold growth relative to the initial value.

Difficulty is a network parameter that governs how hard it is to find a new block. It automatically adjusts to the network's total power, keeping the block issuance time stable.