Factor (FACT) has been listed on NonKYC exchange in the following markets:
FACT/USDC FACT/USDT
About Factor (FACT)
The FACT0R blockchain uses factoring as its proof-of-work (PoW) mechanism, differing from traditional methods. The challenge involves generating semiprimes, which are numbers with two prime factors, without prior knowledge of the factors. Miners are rewarded for identifying strong semiprimes by factoring them. The PoW problem requires finding a nonce, offset, and the smallest prime factor of a semiprime that meets specific conditions. The smallest prime factor must be submitted to measure the work done for PoW. The blockchain also features a "deadpool" where users can submit numbers to be factored by paying a fee. The reward for factoring is exponential in shape but capped to prevent excessive inflation. The design principles prioritize security, game theory, economics, and heuristics. Overall, the FACT0R blockchain aims to leverage factoring and incentivize miners and users to contribute to the network while maintaining security and balancing economic factors.Find out more information at their website here: https://www.projectfactor.io/
Links to other details can be found on our asset information page here: NonKYC Asset Info for FACT
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