The **Pi Network** or **Pay Network** is a digital currency aimed at making mining accessible to everyone via mobile phones without significant energy consumption.
### **The full name of "Pi" and its meaning:**
1. **Official name:** Pi Network (Pay 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**, 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.