Everything about the currency
#PI #Bianca #Square #
#Listing Pi Network.. Everything you want to know about the currency and steps to obtain it
Millions of users will be able to transfer the mined Pi currency from the test network to the main network after its recent listing, marking the beginning of Pi's transition to a tradable asset, which has garnered global attention, leading many users to hope for potential profit and widespread adoption.
#What is Pi Network?
According to Forbes magazine, Pi Network is a blockchain project that allows users to mine cryptocurrencies through a mobile app.
The project was initiated by Stanford University graduates and aims to make cryptocurrencies accessible to ordinary people without specialized hardware or technical knowledge.
Unlike Bitcoin, which requires expensive mining equipment, Pi can be earned by verifying presence on the mobile app daily.
#How does Network
#Pi work?
Pi uses the Stellar Consensus Protocol instead of the energy-intensive Proof of Work system required by Bitcoin.
Users build trust circles by nominating 3-5 trusted contacts, creating an interconnected network of verified members.
These connections form a global trust graph that helps secure the network and validate transactions without massive computing power.
The mining process rewards different types of contributions, and pioneers earn core rewards.