free, distributed and user-friendly IRC client with Twitter, and XMPP/Jabber support for Linux, Windows and macOS based on GNOME / GTK+

Caret Mode - What is this?

The Caret Mode which can be enabled and disabled in the menu View -> Caret Mode or by pressing the F7 key, allows you to navigate through the output buffer using your cursor keys. That way you don't have to move your hand from the keyboard to the mouse. It also makes the selection in general easier if you want to copy/paste a specific string from it. The idea is from the Firefox Web Browser which also has this handy feature. This feature is also explained on Wikipedia