Pi Network aims to enable a large, passionate, and globally spread-out community to make decentralized efforts toward a common purpose. It seeks to build a decentralized ecosystem with meaningful use cases for everyday people and become a pillar of the ...Read more
Tag: Cryptocurrency
Cryptocurrency is digital money using blockchain technology, allowing fast, secure, and decentralized transactions without banks or middlemen.
Shiraverse Latest Questions
The monthly systemwide base mining rate is determined based on a declining exponential formula, which adjusts B based on a monthly supply limit determined by the formula. This formula ensures that B stays constant for a month and is adjusted ...Read more
Dr. Chengdiao Fan is the Head of Product at Pi Network. She holds a PhD in Anthropological Sciences from Stanford and focuses on social computing to unlock human potential on a global scale. She aims to mobilize individuals worldwide to ...Read more
Unlike in the pre-Mainnet phase, the systemwide base mining rate (B) in Mainnet is not constant across all Pioneers. It is calculated in real time and dynamically adjusted based on a yearly supply cap. This adjustment ensures that the total ...Read more
Dr. Nicolas Kokkalis is the Head of Technology at Pi Network. He holds a PhD from Stanford and has taught Stanford’s first decentralized applications class. His work focuses on combining distributed systems and human-computer interaction to make cryptocurrency accessible to ...Read more
The Mainnet mining formula incentivizes diverse contributions from Pioneers to support decentralization, utilities, stability, and longevity of the network. It includes components such as the systemwide base mining rate (B), lockup rewards (L), Security Circle rewards (S), Referral Team rewards ...Read more
Pi Network aims to create and safeguard community-run governance by ensuring fairness in mining, securing the blockchain, and maintaining ecosystem integrity. This empowers real people and disempowers malicious actors.
Pioneers are the community members who mine Pi cryptocurrency and contribute to the Web3 app ecosystem. They are rewarded for their diverse contributions in a meritocratic and decentralized manner.
Pi Network boasts over 55 million engaged members globally.
Pi Network offers an accessible developer platform that, combined with a large, identity-verified, and crypto-enabled social network, positions it to be a cornerstone of the next technological revolution.