Hey Crypto Enthusiast, Check Out the Latest on Pi Network!
If you’re interested in Pi Network and its developments, read on for the latest news and updates on this mobile mining project.
What’s the Latest with Pi Network?
Pi Network, a project that allows users to mine digital assets on their mobile devices, recently marked 2,000 days since its official launch in March 2019. The team celebrated this milestone and emphasized their commitment to building an inclusive peer-to-peer ecosystem.
- The launch of the native token and open mainnet is still unclear, raising questions among the community.
- Over 13 million users have completed KYC procedures, with six million migrating to the mainnet.
- A deadline for KYC verification was set for September 30, 2024, urging users to take action before the grace period ends.
- PiBridge hosted a talk show focusing on the mainnet launch, with the Pi Core Team planning to announce the mainnet open roadmap in December.
The Unique Features of Pi Network
Pi Network sets itself apart with its energy-efficient approach, using the Stellar Consensus Protocol (SCP) instead of traditional Proof-of-Work. Here are some specifics about the project:
- The use of SCP developed by the Stellar Development Foundation reduces energy consumption compared to PoW.
- The project’s growth is driven by community engagement and a referral-based system.
- Users can start mining Pi tokens without investing any funds upfront, simply by participating in the ecosystem and building trust connections.
Hot Take: Stay Tuned for Pi Network’s Roadmap Update in December!
Keep an eye out for the upcoming roadmap update from the Pi Core Team in December, where they will announce the mainnet open roadmap for Pi Network. Stay informed and stay engaged with this innovative mobile mining project!
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