Investors in XRP, XLM, and Pi Network share some "mysterious" common points related to the technology and goals of these projects.
Common points between XRP, XLM, and Pi Network
• Common technology: All three projects use different versions of the Stellar Consensus Protocol (SCP), an alternative to the Proof-of-Work mechanism, enabling faster and cheaper transactions.
• Global financial expansion goals: XRP and XLM focus on low-cost cross-border payments, while Pi Network explores a mobile phone-based cryptocurrency mining model, helping to bring crypto to the masses.
• Connection to Stanford University: The founders have roots from Stanford University, where Professor David Mazières founded the SCP protocol.
Some other interesting information
• Jed McCaleb: Co-founder of Ripple (XRP) and also the creator of Stellar (XLM). The founding team of Pi Network chose Stellar Core as the blockchain platform for Pi.
• Pi Network price situation: Although the Pi community often groups XRP, XLM, and Pi into a "common investment basket," the price movement of Pi does not align with XRP and XLM. The price of Pi is currently declining.
