Pi Network (PI) is a digital currency project that aims to make cryptocurrency mining accessible and easy for everyday users through a mobile app. The key points are as follows:
Mining through mobile:
The main characteristic of Pi Network is the emphasis on mobile usage. Users can "mine" Pi directly from their own smartphone, which is different from traditional cryptocurrency mining that often requires hardware or computers that need high power consumption.
Emphasis on community:
Pi Network focuses heavily on building a community. By inviting others to join the mining network, the growth of this network has a crucial role in the process of cryptocurrency mining.
Mainnet and exchanges:
Pi Network has launched its own mainnet, which is an important milestone. Nonetheless, the availability of Pi coins for exchange is becoming a significant topic in discussions and has high expectations.
There is significant community participation in the efforts to have Pi coins listed on exchanges such as Binance.
Concerns and considerations:
Similar to other digital currency projects, Pi Network has undergone scrutiny. Concerns have been raised regarding its sustainability over the long term and the actual value of Pi coins.
There are still warnings regarding the precaution against scams and to only use the official Pi Network app as the only means.
Current market policy:
The market has high volatility concerning Pi, the price of Pi coins fluctuates and has been impacted by various factors such as market regulations.
There is a large community surrounding Pi, and the community's voting power plays a significant role in the future potential of this coin.
Important things to consider include investing in digital currencies with caution and conducting detailed research.
