FACTOR (FACT) Price

FACTOR Price

0.29USD-0.01 (-3.61 %)
Market Cap
$338.3K
24h Volume
$820.98
Vol/MCap: 0.0024
Fully Diluted Valuation
$344.6K
Circulating Supply
1.21M FACT
100%Max: 1.18M
24h Range
$0.2844
$0.3085
All-Time Range
$0.0979
$108.28

Advantages of Cryptocurrency

Decentralization & Financial Freedom

Cryptocurrencies operate on decentralized networks, removing the need for intermediaries like banks. This enables peer-to-peer transactions, financial inclusion for the unbanked, and resistance to censorship or government control.

Transparency & Security

Blockchain technology provides an immutable, transparent ledger of all transactions. Cryptographic security makes it extremely difficult to counterfeit or double-spend, offering strong protection against fraud.

Global Accessibility

Anyone with an internet connection can send and receive cryptocurrency worldwide, 24/7, without geographic restrictions or banking hours. This is particularly valuable for international remittances.

Investment Potential

Cryptocurrencies have demonstrated significant long-term appreciation potential. Early investors in Bitcoin and Ethereum saw extraordinary returns, and the asset class offers portfolio diversification benefits.

Risks of Cryptocurrency

High Volatility

Cryptocurrency prices can fluctuate dramatically – often by 20–50% or more within short periods. This high volatility makes them inherently risky investments, and significant capital losses are possible.

Regulatory Uncertainty

The regulatory landscape for cryptocurrencies is still evolving globally. Sudden regulatory changes can significantly impact prices and accessibility, creating legal and compliance risks for investors and businesses.

Security Risks

Hacks, scams, and phishing attacks are prevalent in the crypto space. The irreversible nature of blockchain transactions means stolen funds are rarely recovered. Users must secure their private keys and wallets diligently.

Environmental Impact

Proof-of-Work cryptocurrencies like Bitcoin require substantial computational energy, raising environmental concerns. While the industry is transitioning toward more energy-efficient consensus mechanisms, the carbon footprint remains a significant criticism.

History of Cryptocurrency

The history of cryptocurrency begins with Bitcoin, introduced in 2009 by the pseudonymous Satoshi Nakamoto. The Bitcoin whitepaper, published in October 2008, proposed a peer-to-peer electronic cash system enabling online payments directly between parties without going through a financial institution.

Bitcoin's first recorded commercial transaction occurred in May 2010 when Laszlo Hanyecz paid 10,000 BTC for two pizzas – a transaction now celebrated annually as Bitcoin Pizza Day.

The Rise of Altcoins

Following Bitcoin's success, thousands of alternative cryptocurrencies (altcoins) emerged. Ethereum, launched in 2015 by Vitalik Buterin, introduced smart contracts – self-executing agreements coded into the blockchain – enabling decentralized applications (dApps) and decentralized finance (DeFi).

The ICO Boom and Market Crash

The years 2017–2018 saw an explosion of Initial Coin Offerings (ICOs), where new projects raised funds by selling tokens. Bitcoin reached nearly $20,000 in December 2017 before crashing dramatically in 2018, triggering a prolonged crypto winter.

Institutional Adoption

The 2020–2021 bull run saw unprecedented institutional interest, with companies like MicroStrategy and Tesla adding Bitcoin to their balance sheets. Bitcoin hit new all-time highs above $60,000. The launch of Bitcoin ETFs and growing regulatory clarity further legitimized the asset class.

DeFi, NFTs & Web3

Decentralized finance (DeFi) protocols, non-fungible tokens (NFTs), and the broader Web3 movement transformed the cryptocurrency landscape. Platforms like Uniswap, Aave, and OpenSea enabled entirely new financial and digital ownership models.

Today, the cryptocurrency market encompasses thousands of digital assets with a combined market capitalization in the trillions of dollars, representing a fundamental shift in how the world thinks about money, finance, and digital ownership.

Exchange

ExchangeMarket PairPriceDepth +2%Depth -2%Volume 24HVolume %TypeLiquidity RatingFreshness
MEXCFACT/USDT2.15242.64119.209,420.740.00cex42.007/9/2025, 6:18 AM
CoinExFACT/USDT2.1023.5344.272,746.190.00cex17.007/9/2025, 6:23 AM
XeggeXFACT/DOGE2.380.000.0020.630.03cex1.006/26/2025, 2:51 PM
Nonkyc.io ExchangeFACT/USDT2.000.390.6017.970.00cex1.007/9/2025, 6:21 AM
XeggeXFACT/USDT2.490.000.004.750.01cex1.006/26/2025, 2:51 PM
TradeOgreFACT/USDT2.010.000.000.000.00cex1.007/9/2025, 6:21 AM

FACTOR FAQ

FACT0RN Blockchain, a recipient of the 2022 Coinbase Crypto Community Fund grant, has implemented an innovative approach that replaces hashing with integer factorization as its Proof of Work (PoW) mechanism. This method addresses a problem of interest to the private sector, the public sector, and the academic community. The FACT0RN Blockchain was officially launched on April 20, 2022, at 6:09 AM EST and has been successfully operational for over a year. It currently supports more than 120 active nodes, with a rapidly increasing level of difficulty. The PoW mechanism utilized by the FACT0RN Blockchain involves the integer factorization of brilliant numbers in base 2. The block mining process is designed so that the most cost-effective strategy is to sieve random intervals provided by the nodes for base 2 brilliant numbers. On average, several nonces and tens of thousands of numbers must be factored before a miner discovers a brilliant number in base 2. Given the widespread interest in factoring within the cryptographic community and among numerous hobbyist groups, the FACT0RN Blockchain is introducing a 'deadpool' feature. Through this feature, users can participate by paying a fee in FACT coins and submitting a number to be factored in the deadpool. Additionally, others can contribute more coins to any number already in the deadpool. This feature is currently under development. For further details and updates, please refer to our Eulerpool platform.

FACT0RN is a blockchain platform that distinguishes itself from conventional blockchain technology by using integer factorization as its Proof of Work (PoW) mechanism instead of the standard hashing method. This innovative approach marks a significant departure from the norm, making it an important advancement in the blockchain community. Emerging as a fork from Bitcoin V22.0, FACT0RN offers a distinct proposition by enabling participants to use FACT coins to nominate integers for factorization within a specified 'deadpool.' The PoW mechanism of this blockchain is particularly captivating because it focuses on the factorization of brilliant numbers in base 2, a task that demands substantial computational effort. Miners partake in a process that involves sieving through random intervals provided by the network's nodes to discover these brilliant numbers. This process is both computationally intensive and necessitates the factorization of tens of thousands of numbers, on average, before a miner successfully identifies a brilliant number in base 2. FACT0RN's introduction of the 'deadpool' feature brings an interactive dimension to the mining process. This feature allows users to submit numbers for factorization by paying a fee in FACT coins. It creates a collective effort where participants can contribute further to numbers already placed in the deadpool, promoting a collaborative environment among users. Launched on April 20, 2022, FACT0RN has proven operational success, with over 120 active nodes and a rising difficulty level that demonstrates growing interest and engagement in the network. The blockchain's dedication to innovation is further affirmed by its receipt of the 2022 Coinbase Crypto Community Fund grant, underscoring its potential impact on both the cryptographic and wider blockchain communities. It is crucial for individuals interested in participating in FACT0RN or any other cryptocurrency to conduct comprehensive research and consider the inherent risks associated with digital assets.

FACT0RN Blockchain strengthens its security through a comprehensive approach, integrating both conventional and pioneering strategies to protect its network and users' assets. At its foundation, FACT0RN utilizes a Proof of Work (PoW) mechanism that diverges from traditional hashing methods, choosing instead the integer factorization of brilliant numbers in base 2. This distinctive PoW approach not only secures the blockchain against attacks but also engages the cryptographic and academic communities with a problem of broad interest. To further enhance security, FACT0RN has incorporated a two-factor authentication feature, ensuring that account access requires more than a single piece of information, thereby significantly reducing the risk of unauthorized access. This security layer is vital in safeguarding users' assets and maintaining the integrity of their transactions. Additionally, the introduction of a 'deadpool' feature signifies an innovative method to involve the community in the security process. By allowing users to submit numbers for factorization and contribute to the factorization of others' submissions, FACT0RN taps into the collective efforts of its community to bolster the network's security. This feature not only provides an extra security layer but also promotes a sense of community and participation among users. Given its reliance on integer factorization, a computationally intensive problem of interest to various sectors, FACT0RN's security measures are robust against potential threats. However, it is important for users to complement these measures by using non-custodial wallets, which provide complete control over their private keys and, consequently, their assets. This practice is crucial in ensuring the safety of one's crypto assets, as it minimizes the risk of losing access through vulnerabilities of third-party custodians. In conclusion, FACT0RN's security is defined by its innovative use of integer factorization in its PoW mechanism, augmented by two-factor authentication and the community-driven 'deadpool' feature, along with the recommended use of non-custodial wallets by its users. These measures collectively contribute to a secure and resilient blockchain ecosystem.

FACT0RN presents a novel approach to blockchain security and utility by leveraging integer factoring as its core mechanism for Proof of Work (PoW). This methodology, which deviates from conventional hashing techniques, provides a unique perspective in the cryptographic domain, appealing to both the academic and practical sectors of blockchain technology. FACT0RN's primary function is to secure its network through a PoW process that involves integer factoring of brilliant numbers in base 2. This process is not only crucial for maintaining the blockchain's integrity but also ensures a fair and decentralized mining system. Miners participate in the network by sieving through random intervals for brilliant numbers, which requires considerable computational effort and thus provides protection against malicious attacks. In addition to its foundational security role, FACT0RN serves various functions within the cryptocurrency ecosystem. It facilitates cross-border transactions, enabling users to transfer money internationally with ease and efficiency. This capability is especially advantageous in the global economy, where traditional banking systems often impose high fees and slow transaction times. Furthermore, FACT0RN is used for tipping content creators and managing finances, offering a versatile tool for digital payments and financial management. Its application extends to supply chains and inventory management, where the transparency and immutability of the blockchain can streamline operations and enhance trust among participants. Trading FACT0RN involves purchasing a base currency and then exchanging it on a cryptocurrency platform, making it accessible to a wide audience interested in engaging with its ecosystem. The introduction of a 'deadpool' feature further broadens FACT0RN's utility. This innovative concept enables users to pay FACT coins to submit integers for factorization within a communal pool, fostering a collaborative environment and enriching the blockchain's functionality by engaging its community in a novel and interactive way. As with any cryptocurrency investment, it is important to conduct thorough research and understand the associated risks. FACT0RN's unique approach to blockchain technology and its diverse applications present a compelling case for its potential influence on the cryptocurrency landscape.

FACT0RN has achieved several significant milestones and developments since its inception, reflecting its evolving trajectory within the cryptocurrency landscape. A key component of its journey is the implementation of seven forks. These forks represent critical junctures in FACT0RN's history, marking adjustments and enhancements to its blockchain protocol aimed at improving functionality, security, or introducing new features. The blockchain's innovative approach to Proof of Work (PoW), which replaces traditional hashing with the integer factorization of brilliant numbers in base 2, has attracted attention. This method not only underscores FACT0RN's commitment to exploring novel cryptographic challenges but also its dedication to enhancing the mining process's efficiency and security. The successful operation of more than 120 active nodes and an increasing difficulty level since its launch on April 20, 2022, highlight the blockchain's growing stability and the community's active involvement. Moreover, the introduction of a 'deadpool' feature represents a creative step towards engaging the community. By enabling users to submit numbers for factorization and contribute to others' submissions, FACT0RN is fostering a collaborative environment. This feature, still under development, promises to add an interactive dimension to the blockchain, potentially increasing user engagement and investment in the FACT0RN ecosystem. In addition to these technical and community-focused advancements, FACT0RN's journey has been influenced by broader market trends and the global economic climate. The cryptocurrency's price movements, potential for future growth, and ongoing development and partnerships are crucial considerations for observers and participants in the crypto space. As with any investment in cryptocurrencies, it's essential to conduct thorough research and consider the volatile nature of the market. Overall, the key events in FACT0RN's history highlight its innovative approach to blockchain technology and community engagement. Its development trajectory and response to market trends demonstrate the project's adaptability and potential for future growth within the dynamic landscape of cryptocurrency.

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