Cryptocurrency Glossary Of Terms & Acronyms

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Faucet

A faucet usually represents a site or app where a user can navigate to for small rewards repeated over time.

Fear of Missing Out (FOMO)

Refers to the feeling of apprehension for missing out on a potentially profitable investment opportunity and regretting it later. Generally an expression describing investors' fear of missing out the good timing of buying cryptocurrencies that could eventually be profitable

Fear, Uncertainty and Doubt (FUD)

A strategy to dissuade people from buying a particular cryptocurrency by spreading false information

Fiat currency

Traditional currencies are backed by the full faith and credit of a nation state. The U.S. dollar, the euro or the British pound are fiat currencies.

Fiat-Pegged Cryptocurrency

Cryptocurrencies are pegged to an underlying asset.

Flappening

Flappening is a term used to describe Litecoin growing bigger and becoming more valuable than Bitcoin Cash (BCH). It is spawned from the term Flippening (used when another crypto overtakes Bitcoin).

Frontrun

To intercept a particularly large AMM buy order for the purpose of purchasing an reselling the assets back to the buyer before the order transaction is mind on the blockchain.

Full Node

Full Nodes are computers that verify the set of rules that are built into the protocols of a given cryptocurrency.

Full Pay-Per-Share (FPPS)

FPPS is quite similar to PPS; the only difference is that the pool will additionally pay a transaction fee incentive if the block is identified. FPPS is the same as PPS+.

Fully Diluted Valuation

Fully Diluted Valuation (FDV) is the theoretical market capitalization of a coin if the entirety of its supply is in circulation, based on its current market price. The FDV value is theoretical as increasing the circulating supply of a coin may impact its market price. Also depending on the tokenomics, emission schedule or lock-up period of a coin's supply, it may take a significant time before its entire supply is released into circulation.

Futures

An agreement between two counterparties that obligates them to transact in the future based on the contract terms set.