#SECCryptoRoundtable ETHBreaks2k. The PI network becomes a giant in the world of cryptocurrencies, solidifying its position on firm foundations and advancing step by step.
Most cryptocurrency trading platforms have already adopted this network, and it is expected to see widespread adoption as its reliance increases in decentralized trading platforms that provide protection for users and safekeeping of their currencies or digital assets.
Pi moves slowly and securely 🔐 with an independent team that ensures harmony among its pioneers, allowing them to trade in any market, whether large or small, whether a small company or a multinational corporation with greater trading capacity. The Pi network is available to every market and user who wishes to acquire or trade it. The Pi network has achieved what no other cryptocurrency has in the history of digital currencies. Founded by Nicholas Kokalits and Chengdiao Fan, doctors from Stanford University, the Pi network is a decentralized web 3 initiative developed to enable cryptocurrency mining from the comfort of a mobile device, and the Pi currency is the official cryptocurrency of this network. To achieve this, the Pi network uses the Stellar Consensus Protocol (SCP), a mechanism developed for the Stellar blockchain to conduct secure and fast transactions. Most importantly, by using SCP, energy consumption is much lower compared to traditional mining systems, allowing everyday users to mine and access the Pi ecosystem. This has resulted in the astonishing figure of 60 million users. The Pi cryptocurrency has garnered significant interest in the cryptocurrency community due to its innovative mining model that allows users to mine using their smartphones. This has led to millions of people joining the network and mining Pi tokens. Experts predict that the currency could triple between $5, $10, $30, $50, $100, $200, and $314 in 2025. The market is volatile, but the Pi network has potential in bear markets.