What Is Pi coin...

 As you know cryptocurrency was in a great price and it was in a big demand. The price of bitcoin was about 40k us dollars. Think of owning that large amount of money. If you have a bitcoin you could have started a great bussiness. But there are ways to earn bitcoin. That is through mining bitcoins. But these mining are not like using bigequipments. These are using computers you spend thousands of dollars for the electricity and mining bitcoins. Using these much of electricity is a big harm for our nature. 


So ,The Pi Network was launched by a team of four: anthropologist Chengdiao Fan, computer scientists Nicolas Kokkalis and AurĂ©lien Schiltz, and business major Vince McPhilip. The pi network was launched in 2k19 and told that the mainnet(final stage) will be released on the end of 2k21. As now it is in testing phase and testers can download it and use it in a virtual ground with virtual money. 

The Pi uses the other type of consensus algorithms and is based on the Stellar Consensus Protocol (SCP). This algorithm can run on a low powered architecture like mobile phones. This makes the people mine on their moblie phones. But not like using the phones processing power or the GPU power. They have created a number of pi coins and stored these in their server.

The pi coins can be mined using the pi network app. These processing are in the second section that is only the referals can earn the pi coins. If you have downloaded this app please use my referal that is Rangoo7. This allows not only the refrees to earn but also the referals can also earn 25% of what the refree earn.

This brings not only everyone can earn pi coins also the mother nature will not get affected by this. But while mining bitcoins they use many gigawatts of power in a single day and producing electricity was required to burn many fuels and the most of the fuels was already used up. So to prevent this the stanford people have discovered this pi coins.

Some beleve that this might be a fake because the pi core team told that the mainnet will be online when they reach 10 million pioneers but when they reached 10 million pioneers in 2k21 beginning or 2k19 end the mainnet was not released. The core team told that the mainnet was still under construction and will be released but the end of 2k21.






Comments

Popular Posts