Factor Price

About the coin

The FACT0RN blockchain is a unique cryptocurrency that utilizes factoring as its proof-of-work (PoW) mechanism, diverging from traditional methods. The primary challenge for miners is to generate semiprimes, which are numbers with exactly two prime factors, without prior knowledge of these factors. This innovative approach aims to leverage the mathematical complexity of factoring to secure the network.

Main features

Miners in the FACT0RN network are rewarded for successfully factoring strong semiprimes. The PoW problem involves finding a nonce, an offset, and the smallest prime factor of a semiprime that meets specific conditions. The smallest prime factor must be submitted as proof of the work done, ensuring that the computational effort is verifiable. Additionally, the blockchain introduces a 'deadpool' feature, allowing users to submit numbers to be factored by paying a fee. This creates an additional layer of interaction and utility within the network.

How it works

The reward system for factoring is designed to be exponential in shape but is capped to prevent excessive inflation, maintaining economic stability within the network. The design principles of the FACT0RN blockchain prioritize security, game theory, economics, and heuristics, ensuring a balanced and robust ecosystem. By incentivizing both miners and users to contribute to the network, FACT0RN aims to maintain a secure and economically viable blockchain environment.