pi network

Pi Network is a cryptocurrency project that allows users to mine cryptocurrency on their mobile devices without a significant environmental impact. It was launched in March 2019 by a team of Stanford graduates and aims to make cryptocurrency accessible to everyone. Users can earn Pi tokens through a consensus algorithm that relies on the trust and social connections of its participants, rather than traditional mining methods that require extensive computational resources. The network emphasizes user participation in governance, encouraging users to contribute to the platform’s development and community. As of my last update, Pi Network was in the development stage, and its tokens were not yet traded on major exchanges, but the project envisions creating a user-friendly cryptocurrency that can be used for transactions and as a store of value within its ecosystem.