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Pi Bank and Trial of 3 Types of Pi on Lobstr Wallet: Uncovering Deep Innovation in the Pi Network Ecosystem - hokanews

 

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Pi Bank and Trial of 3 Types of Pi on Lobstr Wallet: Uncovering Deep Innovation in the Pi Network Ecosystem - hokanews



hokanews.com - The growth of the crypto ecosystem continues to accelerate with the latest trials carried out by the Pi Core Team (PCT) on Lobstr Wallet. A significant breakthrough was seen in the testing of three types of Pi coins that promise a new revolution in digital finance.


Lobstr Wallet, a crypto wallet platform that is gaining increasing attention, is an interesting testing ground for the Pi Core Team (PCT). Intensive testing was carried out on three types of Pi coins, creating a focal point in the exploration of new potential in the world of digital finance.


Lobstr Wallet: Gateway to Crypto Progress


Lobstr Wallet is not just an ordinary crypto wallet. As a fast-growing platform, Lobstr Wallet is an ideal place to test new features and innovations in the crypto ecosystem. With its friendly user interface, enhanced security, and support for multiple payment methods, Lobstr Wallet has attracted the attention of crypto users from all walks of life.


Pi Coin Trials: An In-Depth Look at 3 Types of Pi Coins


PCT has selected Lobstr Wallet as a platform for intensive trials on three types of Pi coins that have unique characteristics. This trial aims to test the reliability of the technology, transaction speed, and potential new functionality that can be implemented in the Pi Network ecosystem.


Pi: Asset Transition from Pi Blockchain to Lobstr Wallet


The trial begins with the transition of Pi assets from the Pi Blockchain to the Lobstr Wallet. This process represents the speed and security of transactions in the Pi Network ecosystem. The ability to easily transfer Pi from one wallet to another was one of the main focuses in this trial.


yPi: Pi Coin Lending by Stellar


An interesting innovation is the testing of a type of Pi coin called yPi. At this stage, Stellar lends Pi coins to users which are then recorded in Lobstr Wallet. The analogy with traditional banking systems brings the concept of lending into the crypto world, providing a new dimension in the relationship between users and the Stellar protocol.


wPi: Operating Smart Contracts for Crypto


One step further, the trial involves a type of Pi coin that operates via a smart contract, called wPi. Similar to the popularity of wETH, wPi opens up the potential for instant exchange with fiat currencies, creating the opportunity for users to exchange their crypto assets for USD.


The Importance of Testing: Innovation and Technology Readiness


This trial is not only a technology demonstration, but also proof of Pi Network's readiness to face various usage scenarios. Lobstr Wallet's ability to handle a wide range of Pi coins marks an important stage in enriching the functionality and appeal of the Pi Network ecosystem.


Challenges and Future Prospects: Pi Bank Launching?


Along with this trial, speculation arose regarding the potential launch of Pi Bank by Pi Network. The combination of technological readiness and new innovations introduced through Lobstr Wallet opens up opportunities for more advanced and comprehensive crypto banking services.


Pi: Transition from Pi Blockchain to Lobstr Wallet


The process of transferring Pi from a Pi wallet to a Lobstr Wallet depicts similar steps taken by traders when transferring assets from a cold wallet to a hot wallet on an exchange. This shows Pi Network's readiness to provide flexibility and accessibility in crypto asset management.


yPi: Pi Coin Lending by Stellar


yPi represents an innovative approach where Stellar lends Pi coins to users and records them in the Lobstr Wallet. The analogy with traditional banking lending systems opens up new opportunities to understand the relationship between Pi Network, users, and Stellar.


wPi: Smart Operations with Smart Contracts


wPi introduces a smart contract dimension into the Pi Network ecosystem. Along with the trend of coins that can be converted into fiat currency, wPi is becoming an important milestone with the potential for instant exchange with USD, in line with the popularity of wETH.


The Importance of Testing: Innovation and Technology Readiness


This trial is not only a technology demonstration, but also proof of Pi Network's readiness to face various usage scenarios. Lobstr Wallet's ability to handle a wide range of Pi coins marks an important stage in enriching the functionality and appeal of the Pi Network ecosystem.


Challenges and Future Prospects: Pi Bank Launching?


Along with this trial, speculation arose regarding the potential launch of Pi Bank by Pi Network. The combination of technological readiness and new innovations introduced through Lobstr Wallet opens up opportunities for more advanced and comprehensive crypto banking services.


Opening the Door to Deep Crypto Innovation

This introduction provides a brief overview of how Lobstr Wallet and the Pi coin trial created the foundation for deep crypto innovation. By entering a new stage of exploration in digital finance, the Pi Network ecosystem seems determined to deliver cutting-edge solutions and provide an increasingly sophisticated and trusted crypto user experience. Stay tuned for further updates as these developments could change the modern crypto landscape.


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Pi Bank and 3 types of Pi are testing on Lobstr wallet


Up to now, Lobstr Wallet is being tested with 3 types of Pi coins and a series of different coins that have been integrated, and the crypto can be traded right on Lobstr wallet via Visa and Google pay payment methods, 3 Pi coin types include:

1/ Pi: is the Pi type of Pi Blockchain, that is, Pi in your wallet, you can transfer Pi from your Pi wallet to Lobstr wallet - the same way Traders transfer coins from cold wallets to hot wallets on the exchange.

2/yPi: Is the type of Pi that Stellar borrows from users that is recorded on the Lobstr wallet - the same way money you lend to the bank.

3/wPi: is a type of Pi that operates on smart contracts, like wETH, wPi helps other smart contracts link together. According to some technology experts, wPi can be exchanged for USD at any time, same with wETH.

Some recent information showed that Pi Network will have a Pi Bank. Combined with the fact that PCT is testing 3 types of Pi with the features described above, there is a possibility that PTC is ready to launch Pi Bank with complete functionality. 


Pi Bank và 3 loại Pi đang thử nghiệm trên ví Lobstr 


Cho đến thời điểm hiện tại Ví Lobstr đang được thử nghiệm 3 loại Pi coin cùng hàng loạt các coin khác nhau đã được tích hợp, đồng thời các coin có thể giao dịch ngay trên ví Lobst qua công thanh toán Visa và Google pay, 3 loại Pi coin bao gồm:

1/ Pi: là loại Pi của Pi Blockchain, tức là Pi trong ví của bạn, bạn có thể chuyển Pi từ ví Pi của bạn lên ví Lobstr - giống như cách các Trader chuyển coin từ ví lạnh sang ví nóng trên sàn giao dịch

2/yPi: Là loại Pi mà Stellar mượn của người dùng được ghi lại trên ví Lobstr - giống cách mà tiền bạn cho bank mượn tiền

3/wPi: là loại Pi hoạt động trên hợp đồng thông minh,  giống như wETH, wPi giúp các hợp đồng thông minh khác liên kết với nhau. Theo 1 số chuyên gia công nghệ wPi có thể đổi ra USD bất cứ lúc nào giống như với wETH

Một số thông tin gần đây cho thấy  PiNetwork sẽ có Pi Bank là khá cao. Kết hợp với việc PCT đang thử nghiệm 3 loại Pi với các tính năng được mô tả như trên, thì khả năng PTC đã sẵn sàng cho ra mắt Pi Bank với chức năng hoàn chỉnh là có cơ sở


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