Name : FACT0RN (FACT)

FACT Price : $26.271 -10.06%

Consensus Mechanism : Proof of Work

Volume: 115,016

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Last Screening: Q1 2024

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Overview

FACT0RN Blockchain, a recipient of the 2022 Coinbase Crypto Community Fund grant, innovatively replaces hashing with integer factorization as Proof of Work (PoW), enhancing security and fostering community engagement. Leveraging RSA cryptography's reliance on integer factorization, FACT0RN introduces a deadpool feature, allowing users to pay FACT coins to submit numbers for factorization. The blockchain's PoW involves mining brilliant numbers in base 2, incentivizing participation through rewards and the ability to contribute to existing factorization tasks. With its unique approach and community-driven ethos, FACT0RN aims to redefine blockchain security and incentivize broader participation in mathematical processes critical to cryptography.

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