There is no such thing as a bank pi card, it is all fake,

Don’t listen to individual people’s “rumors”, use the knowledge you have learned, and solve doubts scientifically and dialectically:

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pi is an online platform for mining digital currencies.

Of course it is not a scam.

It accepts real-name registration in more than 170 countries around the world.< /p>

It is not considered illegal software,

It is just that some areas will prompt the risks of financial management

It is currently in the second phase of the test network.

Extensions

Reference materials:

Pi(π)Network’s APP is a mobile mining (Shiguang) software, used to mine Pi (π) coins . In the past, currency mining that adopted the proof-of-work mechanism such as Butte B required computing resources, and you had to spend money to buy a machine to participate, and small businesses could only stand aside.

The advantage of current Pi(π) coin mining (Shi Guang) is that everyone can participate, creating a truly global digital currency network, and there is no need to waste mobile phone data or data during mining (Shi Guang). power, you can dig (Shi Guang) even when the APP is closed, you only need to turn on the dig (Shi Guang) switch once a day.

Mining (Shi Guang) mechanism:

Users can mine (Shi Guang) for free on the APP after registration. Everyone’s initial currency generation speed is the same. At this stage The output is 0.49 π per hour. You can close the APP during mining (Shi Guang), and it will automatically stop mining after 24 hours (Shi Guang). You need to open the APP and click the button to start the next round of mining (Shi Guang).

Every time the overall number of users increases tenfold, the rate of coin generation will be halved. For example, the current rate of coin generation is based on 100,000 users. When there are 1 million users, only (0.49/2) π can be produced per hour. When the number of users reaches a certain amount (for example, 10 million or 100 million, the official has not decided yet), mining (Shi Guang) will stop.

In addition to the basic currency generation speed, users can currently increase their currency generation speed by inviting friends or establishing a safety circle. This will be described in detail in the text of the picture below. In addition, subsequent users can also obtain (π) coins by running Pi nodes, and developers also have independent reward mechanisms, which need to be improved.

Project progress:

Currently, there are 35 million+ APP active users around the world, covering more than 170 countries, and the APP has chat rooms in 43 languages ??around the world. For a new project, this scale is pretty good.

According to the white paper, this is the first phase. The project team guides everyone to join the project to participate in free mining (Shi Guang); the second phase is the test network, and users can try to deploy their own nodes; the test is completed After that, the third phase will be launched - the main network is launched. At that time, mining (Shi Guang) will be suspended. The ?(π) coins previously mined by users will be converted into main network coins and will start to be listed on the exchange for trading.

Project team:

Pi’s core team is led by two Stanford University PhDs and a Stanford University MBA (including a Chinese girl), both of whom helped establish Stanford University blockchain community. The core team often shows up in person, which makes them more reliable.

The next Pit B = Pi(π) coin

Project value:

The Pi project is committed to building a global, universal and decentralized A centralized digital currency system sounds similar to PitB and other payment projects, but Pi has a lower threshold and a simpler way to participate, which can avoid the problems of PitB’s centralization of computing power and wealth.

Pi builds a consensus mechanism based on the Stellar Consciousness Protocol (SCP) and the Federated Byzantine Agreement (FBA), which is characterized by being more lightweight and consuming no resources. The key to the future value of the Pi project still lies in the number of users. Only when the number of users is huge can this plan be realized. Judging from the current development speed, Pi's success rate is extremely high.

Why is the number of users growing so fast?

First of all, Pi is a free mining (Shi Guang) project. It does not require investment of funds and resources. It only needs to be opened once a day. The simple gameplay can attract many original coin circle users;

Secondly,

The recent news of Facebook’s currency issuance has made many users outside the currency circle (especially overseas Facebook users) begin to understand blockchain and digital currency. Pi was launched at the right time. It also supports direct login to Pi using Facebook accounts and mainland Chinese mobile phone numbers, allowing these eager potential users to find a way to really start trying digital currency.

Why are there so few domestic players?

First of all,

Domestic users cannot use Facebook, Twitter and other foreign social software. The Pi project party has relatively little publicity, and domestic users can see even less. ;

Secondly,

the entire project is not optimized enough for domestic users, and the difficulty in downloading and the English interface have dissuaded many domestic players; in addition, various domestic players currently use block There are many funds and model coins made in the name of the chain. New users are often more interested in such simple and crude things that make money quickly. Projects like Pi that do not tout profits will be ignored.