Review on Pi Network

3 months ago when I started to join in Pi community. It is a group of people worldwide who engage in mining Pi. So first what is Pi Network? Pi Network is an application in which the user needs to log in everyday and click the activation button to start mining for 24 hours. As of I now I have 172 Pi on my wallet but I didn't receive my KYC yet since it is a protocol to prove that your a real human who mining Pi. There are limited KYC slot since the core team needs to pay for the company who provides this slots for users of Pi Network. The currency has no value yet but Pi core team estimates that it will gain it's value at the end of 2021 or beginning of 2022. Currently, the Pi core team reached the Phase 3 which means they are ready to release Pi as a new cryptocurrency, it has also millions of miners and they are strict when it comes to verification if your a human and not a robot. Some people saying that Pi Network is a scam and maybe you'll have that mindset to that is why I'm showing you some proof that Pi Network is legit.

•Mission of Pi Network

Build a cryptocurrency and smart contracts platform secured and operated by every people.

•Vision of Pi Network

Build the world's most inclusive peer-to-peer marketplace fueled by Pi and the world's most widely used cryptocurrency.

Did you know that Bitcoin is using electricity and money in every transactions? It is becuase in order to mine Bitcoin, the use must prove trustworthiness first before mining a Bitcoin. Since 2009 when bitcoin was released by the group Satoshi Sakamoto, anyone could earn 50 Bitcoin by simply running Bitcoin Mining Software on personal computer. During the release of Bitcoin people starts mining greedily especially those company who want to take advantage in mining Bitcoin. Due to too much transactions it affects our planet since mining Bitcoin consumes lots of electricity that leads to environmental issues.

Unlike Pi Network in which core team introduced a design that employ a consensus algorithm that is user friendly and enable mining in mobile phones and personal computer. The Pi Core Team chose Stellar Consensus Protocol (SCP) as a candidate for mining Pi at mobile phones since it is environmental and user friendly.

What is Stellar Consensus Protocol ?

Stellar Consensus Protocol (SCP) was architected by David Mazières a professor of Computer Science at Stanford who also serves as Chief Scientist at the Stellar Development Foundation. SCP uses a novel mechanism called Federated Byzantine Agreements to ensure that updates to a distributed ledger are accurate and trustworthy. SCP is also deployed in practice through the Stellar blockchain that has been operating since 2015.

4 Roles of Pi Users

Pioneer

-These are the users who needs to validate that they are not a robot and need to activate mining process every 24 hours. They can also open a transaction request for both Pioneer.

Contributor

-These are the users who contributing by providing list of pioneers they invited to join in their security circle.

Ambassador

-A user of the Pi mobile app who is introducing other users into Pi Network.

Node

-These are users who running Pi node software on their laptop and desktop computer.

Pi Network already reached its phase 3, it has more than 20 million miners and still increasing. Recently, they announce that Pi Wallet connects with Pi Testnet will be launched to Pioneer on March 31, 2021.

I believe that Pi Network will become a successful crypto in the future and it's value will fly to the moon. Thanks for reading my article, I hope you'll try Pi Network because i believe that it will surpass Bitcoin in the future.