What is Pi Network?
A mobile-based crypto mining app that launched in 2019.Created by a team of Stanford graduates.Users mine Pi coins by logging into the app daily and tapping a button (no actual mining like Bitcoin).
Purpose
To build a user-friendly and eco-friendly blockchain that allows people to earn and use cryptocurrency without high energy costs or technical knowledge
How Does Pi Work?
It uses a consensus algorithm called Stellar Consensus Protocol (SCP) instead of proof-of-work.
You "mine" Pi by checking in daily and forming a trusted network.
Is Pi Coin Worth Money?
As of now: Pi Coin is not officially traded on major exchanges.
It exists in a testnet phase, and any trading is typically informal or unofficial.
The developers plan to move to mainnet and enable real trading once the ecosystem is mature and secure.
Is It Legit or a Scam
It's not a scam in the traditional sense (no money is required to join
But it's still in development, and there's no guarantee of future value.
Some people are skeptical because it hasn't delivered on all promises yet
Want to know ho
w to get started with it or whether it's worth your time?
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