JUST IN: Pi Network launches Open Mainnet, Pi Coin will have some key features here are the facts - hokanews

 

JUST IN: Pi Network launches Open Mainnet, Pi Coin will have some key features here are the facts - hokanews

hokanews.com - Pi Network, founded in 2019, is a new blockchain network that allows users to mine cryptocurrencies without the need for special equipment or high computing power. After being in beta for several years, Pi Network is finally launching its open mainnet in March 2021. As a result of this launch, Pi Coin will have several key features that set it apart from other cryptocurrencies.

Energy efficient and environmentally friendly mining: One of the main features of the Pi Network is that mining Pi Coin does not require high computing power or special equipment. Instead, users can mine Pi Coin by using a mobile application that is environmentally friendly and energy efficient. This means that the Pi Coin mining process is not only cost-effective, but also environmentally friendly.

Decentralization and high security: Pi Network is designed with a high degree of decentralization and strong security system. This ensures that the Pi Network network is safe from hacker attacks and other network attacks. Additionally, the Pi Network uses a new consensus algorithm called the Cercle Consensus Algorithm, which is designed to prevent monopolization of mining by irresponsible parties.

Easy and user-friendly network growth: One of the unique features of Pi Network is that it is designed to make network growth easy and user-friendly. In the Pi Network, users can invite their friends and family to join, and each time they join, both inviting and invited users will earn additional Pi Coins. This feature not only makes it easier for users to join the network, but also increases awareness and recognition about the Pi Network.

Open and flexible application ecosystem: Pi Network is an open and flexible blockchain network that allows developers to create applications that run on it. This means that apart from mining Pi Coin, users can also use the Pi Network to create and run their own blockchain applications.

Strong support and development: Pi Network is supported by a strong team of developers and community, dedicated to developing quality blockchain networks and solving problems in the cryptocurrency industry. In addition, Pi Network also has a strong research and development fund, which is used to develop technology and improve network quality.

Regarding the pi network launching an open mainnet, pi coin will have the following main features, also conveyed by the Twitter account @PiBrowser monitoring hokanews.com from the Twitter account @PiBrowser, it is very clear that he conveys the following:

1/2 Once the Pi Network's mainnet becomes open, it will have the following five key features:

1. Decentralization.

2. Supports high-frequency transactions, with TPS (Transactions Per Second) reaching over 1000.

3. Supports running of smart contracts, building on-chain ecosystem.

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Twitter image source

2/2

4. Nodes have low energy consumption, environmentally friendly.

5. Widely held and used by users, with a large ecosystem providing usage scenarios for Pi.

Currently, PiNetwork has over 45 million users and the numbers are still growing.

@PiCoreTeam

  #Pinetwork #Web3 #bitcoin

 

Twitter image source

 in addition to other things like the following that all pioneers must know

Pi Network uses Proof of Stake (PoS) technology: One of the main features of Pi Network is the use of Proof of Stake (PoS) technology. Unlike the Proof of Work (PoW) used by most cryptocurrencies, PoS allows miners to "print" new blocks by storing a certain amount of cryptocurrency in their wallet. This allows users with small capital to still be able to mine Pi Coin and earn decent returns.

Fast and cheap transactions: Pi Network offers fast and cheap transactions compared to other cryptocurrencies. This is due to the PoS technology used, as well as the fact that the Pi Network network is designed to process transactions efficiently. In the near future, Pi Network plans to integrate Lightning Network features which will improve transaction speed and efficiency.

    Pi Coin has the potential to become a popular cryptocurrency: Since its launch in 2019, Pi Network has attracted the attention of many cryptocurrency investors and enthusiasts. Pi Coin with the launch of the open mainnet and various new features available, the future growth potential of Pi Coin is quite large. Apart from that, Pi Coin also has a strong community that continues to develop and promote the pi network around the world.

Pi Network offers an attractive incentive program: As well as offering decent returns for miners, Pi Network also offers an attractive incentive program for active users. For example, users who invite other people to join the Pi Network can get additional Pi Coin, and users who are active in promoting the Pi Network can get various awards and other prizes, until now pi coins can still be obtained by everyone around the world, for free.

    Pi Network is supported by a team of experienced developers: Pi Network was founded by a team of experienced and qualified developers. The team consists of blockchain technology experts, engineers, and software developers dedicated to developing quality blockchain networks. In addition, Pi Network also has a strong range of partners and investors, which ensures the continuous support and development of the network.

The Pi Network has a strong and active community: The Pi Network has successfully built a strong and active community worldwide, with millions of users belonging to its network. The community has various online discussion groups and forums, as well as holding offline events such as meetups and conferences to promote and expand the reach of the Pi Network.

Pi Network takes care of users' security and privacy: Pi Network takes users' security and privacy into account by protecting personal data and keeping its blockchain network secure. Pi Network uses encryption technology to protect user data and protect the network from attacks that could endanger network security and sustainability.

Pi Network focuses on global financial inclusion: Pi Network has a vision to create global financial inclusion by providing access to safe and easy-to-use financial services for people who have not been served by traditional financial systems. In an effort to achieve this goal, Pi Network continues to develop new services and products that allow users to access and use Pi Coin efficiently and easily.

Pi Network provides access to the blockchain ecosystem platform: Pi Network provides access to the blockchain ecosystem platform which enables developers to build new applications and services using the Pi Network blockchain technology. This opens up new opportunities for developers and innovators to leverage blockchain technology and create new, innovative products and services.

Pi Network strives to build a better social network: As well as being a cryptocurrency, Pi Network also has a vision to build a better social network by promoting positive connections and interactions between users. Pi Network strives to create a safe and positive environment for users to interact and support each other, with the hope of having a positive impact on society as a whole.

With key features that include PoS technology, fast and inexpensive transactions, an attractive incentive program, and strong support from a team of developers and community, Pi Network offers attractive potential for cryptocurrency investors and users. Moreover, with a vision to create global financial inclusion and build a better social network, Pi Network also has the potential to positively impact society as a whole now and into the future.

Don't give up, believe me the pi network project is very cool and very interested in by everyone around the world. don't forget to mine pi coins today while it's still free. the whole world.

What is Pi Network?

Pi Network is a new cryptocurrency and developer platform that allows mobile users to mine Pi coins without draining device battery. The Pi blockchain secures economic transactions through a mobile meritocracy system and a complete Web3 experience where community developers can build decentralized applications (dApps) for millions of users.

That's a little information that we can share with all the pi network communities.  

Hopefully this is useful, keep the spirit, don't give up.

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Thanks to all the pioneers, warm greetings from the hokanews team.  Information from the pi network community for all pioneers