You misunderstand. I am not fixating on the terms, but the concept underlying the factors of identification. The point, which I stated in my first comment is that you are not taking into consideration the difference between 1.5 factor auth and 2 factor auth. Then, you are further compounding the security error, but discussing other issues instead of directly addressing that your solution doesn't address the threat model. That is why I asked what threats you are guarding against. There is a large body of knowledge here that may be worth your study, cf cia.

Yes, there is a fixation on security, since authentication is a security function that is often gotten wrong when people don't know the threat model and rush through a solution. This has been pointed out to you by several people more than once in this very thread.