Glossary of Terms

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.

A smart contract is a software algorithm on a blockchain that automatically executes the terms of an agreement. It works without intermediaries and triggers only when the specified conditions are met.

Solo mining is independent cryptocurrency mining in which a miner works alone and does not pool their power with other participants. The entire reward for a found block goes to them in full.

A wick is exchange slang describing a sharp and very rapid drop in an asset's price over a short period of time, usually within one or two candles on a minute timeframe.

A soft cap is the minimum amount of funds a project plans to raise during a token sale in order to begin developing the product. If the amount is not reached, the funds are usually returned to contributors.

An order book is a table of all active limit orders to buy and sell an asset, sorted by price. It shows supply and demand and helps assess the market's liquidity.