- Pi Network Cryptocurrency, launched in 2019 offers decentralized networks wherein users can mine and earn coins on their mobile phones.
- The Pi Cryptocurrency is the first and only cryptocurrency offering the opportunity to mine on smartphones.
- Its creators opted for the Stellar Protocol as the crypto’s consensus mechanism.
- The notable features of this crypto that has led to its popularity and has created an impression amongst its users.
Pi Cryptocurrency, launched in 2019 offers decentralized networks wherein users can mine and earn coins on their mobile phones. Established by a few Stanford graduates, this crypto seeks to offer a platform where users have the privilege to control the network. Additionally, they are given the ownership of coins in an attempt to prevent the need to move to a centralized system.
It gained quick popularity amongst its users because of its eco-friendliness. This latest crypto is all set to evolve the crypto mining sphere through its integration with features of smartphone mining and earning.
More about Pi cryptocurrency
The Pi Cryptocurrency is the first and only cryptocurrency offering the opportunity to mine on smartphones. This new crypto-backed by blockchain technology offers security, immutability, and legitimacy. Also the immutability signifies that the information recorded on the network cannot undergo alteration, modification by unauthorized users on the network.
Bringing to attention its impressive feature is its ability to let users scale largely without huge power consumption. Therefore, its developers appear to be right in their statement that their crypto project aims to be far ahead of Bitcoin in several ways.
Mining PI Cryptocurrency
Pi Cryptocurrency is built keeping in mind the major drawbacks Bitcoin and other cryptocurrencies face so as to overcome them. Additionally, it is specifically built to be different from the other major crypto assets.
Attempting to achieve this, its creators opted for…