1 PI = $0.21 USD - How to earn Pi by simply confirming the daily presence on the mobile application?
TL;DR: Pi is a cryptocurrency that can be mined on our mobile phones. To join and start mining and earning Pi follow this link and use the invite code "puncakbukit".
The Pi Network (PI) is positioned as an accessible cryptocurrency and developer ecosystem aimed at mass blockchain adoption. Despite its democratized goals, market sentiment, if analyzed purely through charting, shows a potential downtrend as a Bearish Engulfing pattern has currently emerged. This technical indicator suggests that selling pressure could be overcoming recent buying activity.
PI's technical foundation rests on an adapted version of the Stellar Consensus Protocol (SCP), a design choice intended to ensure both efficiency and security without the high energy consumption of Proof-of-Work systems. However, a review of other technical indicators reveals uncertainty; the ADX-DI (Average Directional Index - Directional Indicator) is consistently in negative territory, potentially signaling a lack of a strong, definable uptrend direction or sustained positive momentum.
A key and unique feature that supports the network's goal of inclusivity is the highly simplified "mining" process. Unlike traditional crypto mining that requires specialized hardware, users can easily earn Pi by simply confirming their daily presence on the mobile application, effectively contributing to the network's decentralized security model.
About Pi Network (PI)
Pi Network (PI) is a novel cryptocurrency and developer ecosystem designed to democratize access to the blockchain and mass adoption of digital currency. Unlike energy-intensive, first-generation cryptocurrencies like Bitcoin that rely on Proof-of-Work (PoW), Pi Network leverages a lightweight, mobile-centric approach to participation.
Its core innovation lies in its adapted consensus mechanism, based on the Stellar Consensus Protocol (SCP). In Pi's implementation, the network's security and ledger validation are secured through a "web of trust" model facilitated by Security Circles. Each user (Pioneer) must vouch for 3-5 other members they personally trust not to execute fraudulent transactions. These aggregated, overlapping trust circles allow nodes (Pioneers running the Pi Node software) to form Quorum Slices and achieve consensus on transaction order efficiently and without high computational cost. This makes the project highly energy-efficient and inclusive, as users can "mine" Pi by simply confirming their daily presence on the mobile application, acting as a crucial element in the security structure while requiring minimal device resources.
The project is currently already operating in an Open Mainnet phase, where the Pi cryptocurrency is transferable outside of the Pi Network ecosystem and can be traded on major public exchanges.
Warning on GCV Scams: A significant risk for participants is the proliferation of scams related to a concept known as Global Consensus Value (GCV), which is an internally speculated, high theoretical price for Pi. Scammers exploit this concept, often appearing on social media platforms, to lure users into purchasing counterfeit Pi tokens or engaging in transactions on unauthorized, unregulated decentralized exchanges (DEXs) or platforms. The official Pi Network team has strongly warned that any current trading pairs for PI on unauthorized exchanges are fake. Users must exercise extreme caution, as engaging in these GCV-related activities or unauthorized transactions will result in the loss of funds or the acquisition of worthless, non-official tokens. Authentic Pi is currently only acquired through in-app mobile mining or officially authorized exchanges and its utility is confined to approved applications within the Open Mainnet.
Disclaimer: I’m not a financial advisor — all information I share is for education only, not investment advice. Always do your own research and consult professionals, as crypto markets are highly risky and unpredictable.
Assisted by https://gemini.google.com/.
See also:
- The Radix Rewards program distributes 1 billion XRD to incentivize ongoing on-chain activity like trading, lending, and holding XRD
- Pi Network - Crypto Pertama Yang Dapat Ditambang Di Ponsel
- Piネットワーク — スマートフォンでマイニングできる最初の暗号通貨
- Reversteem: merges the strategic thrills of classic Reversi with the decentralized power of Steem blockchain, letting you duel friends through blockchain-recorded games
- @steem.amal: Charity At Your Fingertips
- Maximize curation rewards: follow our trail! Maksimalkan reward kurasi: ikuti trail kami! トレイルをフォローし、キユレーション報酬を最大化!
Upvoted! Thank you for supporting witness @jswit.