Factor

FACT Price

What is Fact0rn about?

The FACT0RN 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 FACT0RN blockchain aims to leverage factoring and incentivize miners and users to contribute to the network while maintaining security and balancing economic factors.

Where can you buy Factor?

FACT tokens can be traded on centralized crypto exchanges. The most popular exchange to buy and trade Factor is MEXC, where the most active trading pair FACT/USDT has a trading volume of $687.58 in the last 24 hours.

What is the daily trading volume of Factor (FACT)?

The trading volume of Factor (FACT) is $687.60 in the last 24 hours, representing a 28.40% increase from one day ago and signalling a recent rise in market activity. Check out CoinGecko’s list of highest volume cryptocurrencies.

What is the highest and lowest price for Factor (FACT)?

Factor (FACT) reached an all-time high of $108.28 and an all-time low of $0.09786. It’s now trading -99.80% below that peak and 87.40% above its lowest price.

What is the market cap of Factor (FACT)?

Market capitalization of Factor (FACT) is $224,148 and is ranked #4808 on CoinGecko today. Market cap is measured by multiplying token price with the circulating supply of FACT tokens (1.2 Million tokens are tradable on the market today).

What is the fully diluted valuation of Factor (FACT)?

The fully diluted valuation (FDV) of Factor (FACT) is $224,152. This is a statistical representation of the maximum market cap, assuming total number of 1.2 Million ETH tokens are in circulation today.

How does the price performance of Factor compare against its peers?

With a price increase of 0.40% in the last 7 days, Factor (FACT) is outperforming the global cryptocurrency market which is down -2.80%, while outperforming when compared to similar Smart Contract Platform cryptocurrencies which are down -3.10%.