There has been a lot of talk about cryotocurrency in recent times. Much more in the last few months, there has been hightened conversations around Pi Cryptocurency worth, value, founders etc. Not to mention of my family and friends’ undue expectation 🤦♂️ for me to be this all-knowning tech tabloid to them, like their google is on vacation 😅. Anyway, I decided to do some research around the subject so that I don’t get frowns from them. Below are a few information I found, I gave more details in the video above too👆.
Pi Network is an experimental project aimed to be the first digital crypto that can be mined on mobile, developed by three stanford graduates. The aim is for it to be a decentralized open-source blockchain that is eco-friendly. The three cofounders are Dr. Chengdiao Fan, Vincent McPhillip and Dr. Nicolas Kokkalis.
Dr. Nicolas Kokkalis, the head of technology, had previously co-founded Gameyola, a monetization and distribution platform for casual Flash games on social networks, and is the instructor of Stanford University’s first decentralized applications class; combining distributed systems and human-computer interaction to bring cryptocurrency to everyday people.
Vincent McPhillip, the head of the community, had also previously co-founded The Stanford Blockchain Collective, a cross-disciplinary student club across the engineering, business, and law schools.
Unlike bitcoin with its proof-of-work consensus protocol, Pi on the other hand rewards user for mobile activities performed to secure the blockchain, is built on the Stellar Consensus Protocol (SCP).
Pi aims to allow everyday people to contribute to the security of the cryptocurrency and the success of its community. The team believes this meritocratic principle, as well as Pi’s inclusivity, is positioning it to become the world’s most widely used cryptocurrency.
If you have questions like; what is pi cryptocurrency value? What is pi cryptocurrency worth? What is pi cryptocurrency to usd? etc. Please watch the video above.