#StablecoinPayments

The **Pi Network** or **Pay Network** is a digital currency that aims to make mining accessible to everyone via mobile phones without significant energy consumption.

### **The full name of "Pi" and its meaning:**

1. **Official Name:** Pi Network.

2. **Origin of the Name:**

- **Pi (π)** is the Greek letter used in mathematics to represent the **constant ratio between the circumference of a circle and its diameter** (approximately 3.14).

- The founders of the project chose this name because it **symbolizes democracy and decentralization**, much like the number π, which is used in decentralized global calculations.

- Also, π is an infinite number, which may symbolize the **sustainability and continuous growth** of the Pi project.

### **Additional Information:**

- Pi Network does not rely on the **Proof of Work** algorithm (like Bitcoin) but uses a **Consensus Algorithm** to reduce energy consumption.

- The currency is still in the development phase and has not yet been officially listed on most major exchanges.