Difficulty

A character's Difficulty mode is selected during character creation, and only applies to the character being created. The Difficulty mode of a character determines what happens upon their Death. Once a character has been created, the difficulty cannot be changed. Therefore, you should choose wisely.

Modes
There are three different Difficulty modes:
 * Softcore mode: Drop half of your money on Death (rounded up).
 * Mediumcore mode: Drop all of your items upon Death, including money and ammo.
 * Hardcore mode: Drop all of your items and die permanently; You will become a ghost that can continue to observe the World but not affect it, and once you quit, your character is gone.