Sharlife is a Registered Shariah Advisory Firm with Securities Commission Malaysia - The only regulated provider of crypto & stocks Shariah status
Sharlife is a Registered Shariah Advisory Firm with Securities Commission Malaysia - The only regulated provider of crypto & stocks Shariah status
Name : FACT0RN (FACT)
FACT Price : $1.71500 +0.56%
Consensus Mechanism : Proof of Work
Volume: 12,336
Market Cap: 1,917,502
Shariah Judgement
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Shariah Status :
Last Screening: Q1 2024
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Overview
FACT0RN Blockchain, a recipient of the 2022 Coinbase Crypto Community Fund grant, innovatively replaces hashing with integer factorization as Proof of Work (PoW), enhancing security and fostering community engagement. Leveraging RSA cryptography's reliance on integer factorization, FACT0RN introduces a deadpool feature, allowing users to pay FACT coins to submit numbers for factorization. The blockchain's PoW involves mining brilliant numbers in base 2, incentivizing participation through rewards and the ability to contribute to existing factorization tasks. With its unique approach and community-driven ethos, FACT0RN aims to redefine blockchain security and incentivize broader participation in mathematical processes critical to cryptography.
Whitepaper & Documents
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