PI NETWORK
Pi Network
Pi Network is a cryptocurrency project that allows people to mine digital coins using their mobile phones without draining battery or consuming heavy data.
🔹 Who Created Pi Network?
Pi Network was founded in 2019 by a team of Stanford graduates, including:
Nicolas Kokkalis
Chengdiao Fan
🔹 How Does It Work?
You download the Pi Network mobile app.
You press a mining button once every 24 hours.
Mining does not use heavy phone resources.
It uses a consensus model based on the Stellar Consensus Protocol (SCP).
🔹 What Is Pi’s Current Status?
Pi is running on its Mainnet.
Some users have completed KYC (identity verification).
Trading is limited depending on official exchange listings.
The value is still developing and depends on adoption and exchange support.
🔹 Advantages
Easy mobile mining.
No expensive hardware required.
Large global community (millions of users).
🔹 Things to Consider
It is still developing.
Not yet fully listed on major global exchanges (depending on updates).
Cryptocurrency investments carry risk.
