What is Pi Network? Pi Network is a type of social cryptocurrency, a platform for developers, and an ecosystem designed to be widely accessible and useful in the real world. It allows users to mine and trade Pi through a mobile-friendly interface while supporting applications built within its blockchain ecosystem. The supply model and mining mechanism of Pi Network follow a decreasing exponential decay token release model, where the mining rate decreases over time based on time, development, and network participation. The ecosystem and adoption of Pi Network have built an integrated ecosystem that facilitates transactions in the real world and decentralized applications. Pi can be used as a medium of exchange for goods and services, including online commerce and traditional local businesses. Users can interact with the Core Team and community-built applications in the Pi ecosystem through the Pi Browser, where integrated features such as the Pi Wallet provide a seamless experience. Events like PiFest 2024 have showcased an increase in Pi adoption, with over 27,000 active sellers and 28,000 merchants testing in 160 countries. Who are the founders of Pi Network? Pi Network was founded by Dr. Nicolas Kokkalis and Dr. Chengdiao Fan, both of whom hold Ph.D. degrees from Stanford University and are passionate about improving human lives through technology. Dr. Nicolas Kokkalis is a Stanford Ph.D. in EE and a postdoctoral researcher in CS with research on distributed systems and human-computer interaction. His work focuses on combining distributed systems and human-computer interaction to bring cryptocurrency to the masses. A strong and long-time believer in the technical, financial, and social potential of cryptocurrency, he is determined to push them beyond current limitations and is committed to bringing the power of blockchain to more people. Dr. Chengdiao Fan holds a Ph.D. in Anthropology from Stanford, leveraging social computing to unlock human potential on a global scale. Chengdiao is building Pi Network to enable every individual worldwide to participate and be rewarded for their contributions while establishing a comprehensive ecosystem for global citizens to liberate and reclaim their agency, in turn creating utilities and products for society and the world. Compliance and Identity Verification Pi Network adheres to a one-account-per-person policy through its Know Your Customer (KYC) solution. This system combines machine automation and human verification to authenticate user identities while still protecting privacy. The KYC process emphasizes real individuals, countering fraudulent activities, and allowing fair participation in the network's mining process. Pi's identity verification method balances scalability, security, and accessibility, allowing millions of users worldwide to authenticate their accounts while remaining compliant with regulations. Code: vuabitcoin “vuabitcoin”