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This is a general culture article. It is definitely not an investment advice. You can get support from professionals in the field for investment.
1. Fundamentals and Purpose of the Project
Pi Network is a blockchain project launched in 2019 by Stanford University graduates Dr. Nicolas Kokkalis and Dr. Chengdiao Fan. Its main goal is to make cryptocurrency mining accessible to everyone via mobile devices and to minimize energy consumption compared to traditional methods. Unlike Bitcoin mining, it does not require high hardware and users can mine by pressing a button in the application once a day.
Consensus Mechanism:
Stellar Consensus Protocol (SCP) is used. This protocol provides energy efficiency and offers a decentralized structure.

2. Token Economy (Tokenomics)
Total Supply: 100 billion PI coins.
Distribution:
Mining Rewards (65%):
65 billion PI, rewards based on user participation.
Ecosystem Development (10%):
10 billion PI, for community projects and dApps.
Liquidity Pool (5%):
5 billion PI, to provide liquidity for transactions.
Core Team (20%):
20 billion PI, for development and maintenance.
Circulating Supply:
As of December 2024, there are 562 million PI in circulation. Most users have chosen to protect their tokens with a 3-year lockup period.

3.Mainnet Launch and Exchange Listing
Launch Date:
February 20, 2025
Supported Exchanges:
OKX and Bitget will officially list. Exchanges such as Binance and Huobi are expected to participate.
IOU Price: Speculated at around $64. Analysts predict a range of $30-50 after launch.
OTC Price: Traded at $2 on unofficial platforms.

4. User Statistics and Popularity
Active Users:
45 million+ (October 2024 data).
Social Media:
5th most popular crypto project on X (Twitter) with 3.7 million followers.
Download Count:
100 million+ on Google Play.

5. Security and Criticisms
Data Leak Allegations:
In 2021, it was alleged that the personal data of 10,000 Vietnamese users was leaked. Pi Network pointed to third-party KYC provider Yoti and denied the accusations.
Pyramid Scheme Accusations:
It has been labeled an illegal pyramid scheme in China due to its hierarchical invite system. Users can increase their mining speed by inviting new members.
Centralization:
There is criticism of decentralization as 20% of the token distribution is reserved for the team.

6. KYC and Mainnet Migration Requirement
Deadline:
Those who do not complete KYC verification and Mainnet migration by January 31, 2025 will lose the majority of their earned PI.
Process:
Verification with ID (passport, driver's license) and live selfie is required.

7. Future Projections and Risks
Potential: It is speculated that it could reach $100 with the success of the mainnet and exchange listings.
Risks:
- Lack of real use cases.
- Continuously delayed launches and uncertainty.
- Price volatility due to selling pressure from early investors.

8. Summary and Investor Recommendations;
While Pi Network reaches a wide audience with an innovative model, it carries uncertainties and regulatory risks. While price movements are expected in the short term with the mainnet launch and exchange listings, the expansion of the ecosystem and the increase in usage areas are critical for long-term success. Investors are advised to complete the KYC process and follow project developments closely.
#pi #network #pinetwork #mainet #picoin #pitoken #coin #token

In recent days, DeepSeek's innovative breakthroughs in artificial intelligence technology have caused significant fluctuations in international money, capital and economic markets. Details of these developments and comments on the future:

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DeepSeek's Impact on Markets
1. Selling Pressure in Technology Stocks
Unlike giants such as OpenAI and Google, DeepSeek has developed impressive artificial intelligence models at much lower costs and using fewer chips. This has led to major declines in the shares of chip manufacturers, especially Nvidia. While Nvidia's shares lost nearly 17%, its market value decreased by approximately $600 billion.

2. US Technology Giants' Competition Concerns
DeepSeek's open-source and cost-effective models question the dominance of companies such as OpenAI, Meta and Microsoft in the field of artificial intelligence. This has also caused declines in the shares of these companies.

3. Effects on the Chip and Semiconductor Sector
DeepSeek's development of high-performance models using fewer chips has disrupted the demand balance in the semiconductor sector. This has also led to declines in the shares of companies such as Broadcom and ASML.

4. Fed and Monetary Policy Expectations
The decline in technology stocks due to DeepSeek's impact may also affect the interest rate decisions of the US Federal Reserve (Fed). Investors see a 59% chance that the Fed will cut interest rates in May.

5. Fluctuations in Global Markets
European and Asian stock markets also experienced selling pressure led by technology stocks. Semiconductor companies in Japan in particular suffered major losses.

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Factors Behind DeepSeek's Success;
1. Low-Cost Training
The DeepSeek-V3 model was trained for just $5.5 million. This is a figure well below the cost of OpenAI's models such as GPT-4.

2. Open Source and Accessibility
DeepSeek has made its models open source, making them accessible to small businesses and developers. This has contributed to the democratization of AI technology.

3. Innovative Techniques
DeepSeek has achieved high performance with fewer resources by using a “mixture of experts” architecture and techniques such as reinforcement learning.

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Future Comments
1. Competition in the AI ​​Sector Will Increase
DeepSeek’s success has created a “Sputnik moment” in the AI ​​field between the US and China. This could trigger both a technological and geopolitical competition.

2. Costs Will Fall, Access Will Increase
DeepSeek’s low-cost models could make AI technology more accessible to the masses. This could be a big opportunity, especially for small businesses and developing countries.

3. New Balances in the Chip Industry
DeepSeek's success using fewer chips may cause chip manufacturers to reconsider their strategies. This may trigger the emergence of new business models in the sector.

4. Regulation and Security Issues DeepSeek's open-source models may lead to new regulations against the misuse of AI technology.

5. Environmental Impacts
Using fewer resources can reduce the environmental impacts of AI training. This can accelerate efforts to develop sustainable AI.

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Conclusion
DeepSeek's innovative breakthroughs in the field of AI have had a major impact on both technology and financial markets. These developments may be the beginning of a new era in the AI ​​industry. In the future, more accessible, low-cost and sustainable AI solutions are expected to become widespread. However, competition, regulation and security issues will also play an important role in this process.
#deepseek #ai #quantum #chip #deepseekimpact

The identity of Satoshi Nakamoto has been a mystery for many years, and although various candidates have been put forward, no definitive evidence has been put forward. A clear calculation of who Nakamoto, the creator of Bitcoin, is may not go beyond speculation based on the information at hand.
However, it may be possible to reach a more consistent conclusion by examining these people in depth.
### Popular Names Among Candidates:
1. **Hal Finney**: One of the early users of the Bitcoin network and the person who received the first Bitcoin transaction from Satoshi Nakamoto. Finney was a highly respected name in the cryptography community and had the technical knowledge that formed the basis of Bitcoin. However, Finney's death from ALS in 2014 and his statement that he was not Nakamoto undermines this claim.

#Cardano Echo System and it’s coin $ADA is the furure of the blockchain world. #Cardano is a blockchain platform that stands out from other blockchain systems due to its scientific foundation and focus on security, scalability, and sustainability. Its native cryptocurrency, $ADA, is at the core of the #Cardano ecosystem. Here are the main features that differentiate #Cardano and $ADA from other blockchain systems:
1. Layered Architecture
Cardano has a two-layer architecture:
Cardano Settlement Layer (CSL): This layer is used for transferring $ADA tokens and performing transactions.
#Cardano Computation Layer (CCL): This layer runs smart contracts and decentralized applications (dApps).
This layered structure improves transaction speed and allows for more flexible responses to different user needs.
2. Scientific, Peer-Reviewed Development
One of the most important aspects of #Cardano is that it is developed based on academic research and a peer reviewed process. Protocols and updates are examined and approved by scientists.
While many other blockchain platforms focus on fast development cycles, #Cardano takes a more systematic and robust approach.
3. Ouroboros Proof-of-Stake (PoS)
#Cardano is one of the first major blockchain projects to use an energy efficient “Proof-of-Stake (PoS)” consensus mechanism. The system, called “Ouroboros”, is a secure and scalable PoS model.
Ouroboros replaces mining with a process where validators are randomly selected, offering an energy efficient consensus mechanism.
4. Smart Contracts and Plutus
Like #Ethereum, #Cardano supports smart contracts but does so via a special programming language called “Plutus”. This language is Haskell-based, allowing for more secure and verifiable code.
Additionally, #Cardano offers “Marlowe”, a more user-friendly programming language specifically designed for financial contracts.
5. Sustainability and Self-Governance
#Cardano aims to create a sustainable blockchain ecosystem by using a “Treasury System”. In this system, a portion of transaction fees is allocated to a treasury, which is used to fund future developments.
Through its “Voltaire” phase, #Cardano also seeks to establish a community-driven governance system. This will give $ADA holders voting rights on the platform’s future direction.
6. Interoperability
#Cardano focuses on interoperability with other blockchain platforms. Its goal is to enable seamless interaction between different blockchains and financial systems. This feature makes Cardano more attractive to financial institutions and governments.
7. Eco-Friendly and Energy-Efficient
Cardano’s PoS mechanism consumes significantly less energy compared to “Proof-of-Work (PoW)” systems like Bitcoin. This makes it an environmentally friendly blockchain platform.
8. Governance
Cardano’s governance system promotes community driven decision making.
$ADA holders can vote on important updates and protocol changes, reinforcing the decentralized nature of the system.
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So; These features distinguish #Cardano from other blockchain platforms. The $ADA coin is used for transactions within the platform, staking to earn rewards, and participating in future governance processes.
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I thank #ardanoAda for their creativity. For giving us the BTC of the future. One day everything will get better in the world.
I love ADA
$BTC $ETH $BNB