Today, everyone is sitting on a veritable treasure trove of untapped resources.
Each of us spend hours a day on our phones. While on our phones, each of our views, posts or clicks creates extraordinary profits for large corporations.
Pi believes that people have the right to capture value created from their resources.
Recent events have drawn major focus onto the climate impact of of cryptocurrency globally. For the sake of the planet, sustainability is important to ensure the future of decentralized finance and transactions.
How can Pi be mined on mobile phones without the energy consumption typically known in “crypto mining”?
Pi achieves this by using a different type of consensus algorithm in its blockchain rather than the widely-known and energy exhaustive Proof of Work (PoW). Pi’s consensus algorithm is based on the Stellar Consensus Protocol (SCP) and an algorithm called Federated Byzantine Agreement (FBA), all of which do not require exhaustive energy consumption to reach consensus in order to secure a ledger. These types of consensus algorithms require the nodes to form quorums and exchange messages with each other based on a trust graph composed of individual quorum slices in order to come to “consensus” on what the next block should be. The heavy lifting of running the consensus algorithm based on this trust graph aggregated from mobile miners is still done by computer nodes. In fact, the Pi Testnet already has more than 18,000 such computer nodes , placing Pi onto a good path towards creating a very decentralized Mainnet.
A couple of years ago, a dear friend of mine called me
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Over the next year, I followed Dr. Gundry’s dietary guidance, and lost over 40 lbs. I began enjoying foods that I previously would never eat, (think sweet potatoes!) as well as eliminating foods that we are all taught are ‘healthy’ but are not. (I highly recommend you read both The Plant Paradox and The Longevity Paradox by Dr. Steven Gundry to get the full understanding of what this means.)
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Explore new tastes. Experience new ideas.
Hoot recommends trusted Pi Network Pioneer Brad Chrysler.
People who seek to know more about Pi Cryptocurrency Network tend to be thinkers and learners. They are concerned about today’s financial crisis and believe that cryptocurrency might be a good hedge against inflation and a logical alternative to fiat currency. Maybe even a safe-haven alternative to precious metals or a means to conduct peer to peer business transactions on a global scale via the Pi Network.
It is my belief that when the ‘Pi comes out of the oven’, Pi Cryptocurrency will contain many of the good ingredients, and absent any of the not so impressive components of other Crypto’s, that currently carry enormous valuations.
Howdy, my name is Hoot. I am a KYC Verified Pi Network Super Node Candidate who’s computer has been running the Pi Testnet blockchain since May of 2020. There are currently 29+ million engaged Pi Network Pioneers who are building a movement of people that see the wisdom of this powerful new cryptocurrency.
Pi Network was built by two Stanford Ph.D.’s to give the world a cryptocurrency for everyday people.
One of the biggest questions about cryptocurrencies is “What gives them value”? Pi’s answer is real intrinsic utility. Pi will be backed by useful online and offline applications, as well as a basket of goods and services.
With over 29 million engaged Pioneers in the network, Pi can now iterate various real- world applications that enable members of the community, as well as external parties, to spend Pi to benefit from the time, attention, talents, resources, and services of Pi’s global community.
Pi’s Application ecosystem will lay the foundation of a healthy market of strong utilities of Pi, creating demand for the currency and building the value of the network.
Importantly, in the case of Pi, it costs nothing to download the Pi app onto your cellphone and begin earning Pi tokens. Again, there is zero upfront financial exposure. The only investment required is one’s time invested in contributing to expanding the Pi community of Pioneers9
In addition to contributing trust and attention to the Pi Network, Pi expects Pioneers to be able to contribute their unique skills and services in the future.
Pi’s mobile application will also serve as a Point of Sales where Pi’s members can offer their untapped goods and services via a “virtual storefront” to other members of the Pi Network.
For example, a member can sell a freshly roasted bag of coffee beans to other members on the Pi Network.
In addition to real assets, members of the Pi Network will also be able to offer skills and services via their virtual storefronts.
For example, a member of the Pi Network could offer their programming or design skills on the Pi marketplace.
Overtime, the value of Pi will be supported by a growing basket of goods and services.