FACT0RN DOCS
  • 🪧Overview
    • At a glance
    • Quick links
  • ✨Introduction
    • Concept of FACT0RN!
    • Why use integer factorization to secure FACT0RN?
    • $FACT tokenomics
    • FACT0RN, the future of Proof of Work, and you!
  • ♟️NODE
    • Running a node
  • ⛏️Mining
    • Factoring (Docker Mining)
    • IntegerDispersion
    • GPUDispersion
  • 💳Wallet
    • Command Line Wallet
    • Graphical User Interface Wallet - FACTWallet
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  1. Introduction

$FACT tokenomics

Miners that secure a block in the FACT0RN blockchain are rewarded with FACT0RN coins, $FACT, which can be traded as a cryptocurrency. As one would expect, miners who factor larger integers correctly receive better rewards than those factoring smaller integers.

There is no automatic vesting of $FACT coins or any allocation reserved for the team. All $FACT coins that enter into the circulation must be mined through factorization as the PoW. There is also no supply cap when it comes to $FACT. This is intentionally designed to incentivise factoring larger, more difficult integers. Making it more difficult to mine rewards controls the inflation of $FACT coins and protects against negative impact on the coin’s value. The larger the integer factored, the larger the reward, and the more $FACT that will enter circulation.

Additionally, FACT0RN is also introducing a “deadpool” concept, which will tap into the enthusiasm of factoring communities. Any user can pay a fee in $FACT and submit an integer to be factored to the deadpool. In addition, anyone else can add more $FACT coins to any integer of deadpools.

Below is a quick summary of $FACT emission:

  • No pre-mining

  • No pre-sale

  • No team allocation

  • No emission schedule (mining only)

  • Unlimited supply, but low reward for block discovery

  • 1.5 years and less than 260K coins in Supply

  • Circulating Supply = Total Supply at all times

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Last updated 1 year ago

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