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FACTOR

FACT

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Börse Marktpaar Preis +2% Tiefe -2% Tiefe Volumen (24H) Volumen % Typ Liquiditätsbewertung Aktualität
MEXCFACT/USDT2.15242.64119.29,420.740cex427/9/2025, 6:18 AM
CoinExFACT/USDT2.123.5344.272,746.190cex177/9/2025, 6:23 AM
XeggeXFACT/DOGE2.380020.630.03cex16/26/2025, 2:51 PM
Nonkyc.io ExchangeFACT/USDT20.390.617.970cex17/9/2025, 6:21 AM
XeggeXFACT/USDT2.49004.750.01cex16/26/2025, 2:51 PM
TradeOgreFACT/USDT2.010000cex17/9/2025, 6:21 AM
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FACTOR FAQ

{ "q": "about", "a": "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.\n\nThe 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.\n\nGiven 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.\n\nFor further details and updates, please refer to our Eulerpool platform.", "rank": "0" }

### What is FACT0RN? FACT0RN is a cryptocurrency that represents an innovative approach within the digital asset landscape. Detailed information regarding this cryptocurrency can be accessed on Eulerpool, where users can explore various facets of FACT0RN, including its market performance and unique attributes.

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.

How is FACT0RN Secured?

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.

What are the potential applications of FACT0RN?

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.

What are the significant events related to FACT0RN?

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.

Investors interested in FACTOR are also interested in these Cryptos

This list presents a carefully selected selection of Cryptos that might be of interest to investors. We have our own crypto analyses for all listed Cryptos on Eulerpool.

Beginnings and the Rise of Cryptocurrencies

The history of cryptocurrencies began in 2008 when an individual or group using the pseudonym Satoshi Nakamoto published the whitepaper "Bitcoin: A Peer-to-Peer Electronic Cash System." This document laid the foundation for the first cryptocurrency, Bitcoin. Bitcoin utilized a decentralized technology known as blockchain to enable transactions without the need for a central authority.

In January 2009, the Bitcoin network commenced with the mining of the Genesis Block. Initially, Bitcoin was more of an experimental project for a small group of enthusiasts. The first known commercial purchase using Bitcoins occurred in 2010, when someone spent 10,000 Bitcoins on two pizzas. At that time, the value of one Bitcoin was just fractions of a cent.

The development of other cryptocurrencies

Following the success of Bitcoin, other cryptocurrencies soon emerged. These new digital currencies, often referred to as "Altcoins," sought to use and improve blockchain technology in various ways. Some of the most well-known early Altcoins include Litecoin (LTC), Ripple (XRP), and Ethereum (ETH). Ethereum, founded by Vitalik Buterin, was particularly distinct from Bitcoin, as it enabled the creation of smart contracts and decentralized applications (DApps).

Market Growth and Volatility

The cryptocurrency market grew rapidly, and with it public attention. The value of Bitcoin and other cryptocurrencies experienced extreme fluctuations. Highlights such as the end of 2017, when the Bitcoin price nearly reached 20,000 US dollars, alternated with sharp market crashes. This volatility attracted both investors and speculators.

Regulatory Challenges and Acceptance

As the popularity of cryptocurrencies rose, governments around the world began to grapple with the regulation of this new asset class. Some countries adopted a friendly stance and encouraged the development of crypto technologies, while others introduced strict regulations or outright banned cryptocurrencies. Despite these challenges, the acceptance of cryptocurrencies in the mainstream has steadily increased, with companies and financial institutions starting to adopt them.

Recent Developments and the Future

In recent years, developments such as DeFi (Decentralized Finance) and NFTs (Non-Fungible Tokens) have broadened the range of possibilities offered by blockchain technology. DeFi enables complex financial transactions without traditional financial institutions, while NFTs allow for the tokenization of artwork and other unique items.

The future of cryptocurrencies remains exciting and uncertain. Questions about scalability, regulation, and market penetration remain open. Nevertheless, interest in cryptocurrencies and the underlying blockchain technology is stronger than ever, and their role in the global economy is expected to continue growing.

Advantages of Investing in Cryptocurrencies

1. High Return Potential

Cryptocurrencies are known for their high potential returns. Investors who got in early on projects like Bitcoin or Ethereum have made substantial gains. This high return makes cryptocurrencies an attractive investment opportunity for risk-seeking investors.

2. Independence from Traditional Financial Systems

Cryptocurrencies offer an alternative to the traditional financial system. They are not bound to the policies of a central bank, making them an attractive hedge against inflation and economic instability.

3. Innovation and Technological Development

Investing in cryptocurrencies also means investing in new technologies. Blockchain, the technology behind many cryptocurrencies, has the potential to revolutionize numerous industries, from financial services to supply chain management.

4. Liquidity

Cryptocurrency markets operate around the clock, which means high liquidity. Investors can buy and sell their assets at any time, which is a clear advantage compared to traditional markets that are tied to opening hours.

Disadvantages of Investing in Cryptocurrencies

1. High Volatility

Cryptocurrencies are known for their extreme volatility. The value of cryptocurrencies can rise or fall quickly and unpredictably, posing a high risk to investors.

2. Regulatory Uncertainty

The regulatory landscape for cryptocurrencies is still emerging and varies greatly from country to country. This uncertainty can lead to risks, especially when new laws and regulations are introduced.

3. Security Risks

While blockchain technology is considered very secure, there are risks associated with the storage and exchange of cryptocurrencies. Hacks and fraud are not uncommon in the crypto world, which requires additional precautions.

4. Lack of Understanding and Acceptance

Many people do not fully understand cryptocurrencies and the underlying technology. This lack of understanding can lead to misguided investments. Additionally, the acceptance of cryptocurrencies as a means of payment is still limited.