PI CAN BE THE BIGGEST Miracle
Not only I think but the whole Pi community is thinking so. They understand the scope of the project. In the app pi: top left 3-bar entry - scroll down and you'll see the FAQ section. The founding team makes this very clear: What is the value of Pi?
Why do you think BTC, ETH are valuable??? Does it have a digital platform, a convenient peer-to-peer payment gateway, high security, ....and especially must be accepted by users. Its starting point is also O. and is free to mine.
Pi has all of the above characteristics. even it runs on Web 3.0 speed 1 transaction no more than 8 seconds worldwide.
YOU MAY NOT KNOW:
1- Pi network is a cherished project, started 10 years ago (the time bitcoin was born) and launched on March 14, 2019 for nearly 3 years. Led by Dr. Nicolas Kokkalis and his colleagues at the world-renowned Stanford University.
2- Vitalik buterin, the creator of the ETH coin (the second most powerful coin after btc, the highest price of 3,800 $ / 1eth) is a student of Nicolas.
3- Pi network is a 3rd generation blockchain project (after BTC and ETH), running on the Stella platform outperforming bitcoin. There are currently the largest community of nearly 200 countries, nearly 50 million regular miners (and the number of accounts is up to hundreds of millions). Pi has everything the mainstream blockchains want:
1- DEX, P2P.
2- have NFT
3- have WEB 3.0
4- There is sawap
5- Have a social network (Blockchain application)
6- have Pibank (Fiat Exchange)
7- There is a Market (Many companies and large businesses are wanting users to exchange their products with Pi)
4- The number of Pi you are accumulating daily attendance is now stored on testnet centralized server, pi coreteam will pay you 1:1 when mainnet later this year.
5- Pi has the largest number of node runners in the world, nearly 100,000 nodes for extremely fast processing speed even though it hasn't entered the mainnet (Node will be responsible for validating transactions to maintain the decentralization of pi, Wallet, etc.) For example, if you transfer money at a bank, you have to go through a bank server to match orders before you can transact your account to jump in. goods is impossible)
6- Pi is a coin (with its own blockchain) not a token (running on the platform of another coin based on a smart contract). Low transaction fees, fast processing speed. Letting other tokens borrow to run on Pi's platform is enough to give Pi value
7- pi on the exchange (listed at a certain price) is different from pi on mainnet (transferring from testnet to blockchain network, can transfer and receive internal transactions). With a team and qualifications, picoreteam is more than capable of creating its own floor.
8- Pi coreteam will receive 20% of the total project supply. To date, Project Pi has not collected a single penny from users, the development cost to date is estimated at 5 million dollars. The Pi core team's brain is full of great characters in the technology world, so you don't need to worry about pi inflation. Not to mention the number of pioneers who have been KYC through YOTI that Pi coreteam has paid for.
9- Pi was created to exchange goods globally, so the price will be stable, not too volatile like bitcoin and not worry about being manipulated by sharks, whales, bad fish!
10- Each person has only one account, 1 phone is confirmed, if you are a real person, you will definitely pass identity verification (KYC) to own the pi coin number on your phone.
11- You can test the test wallet, transfer the test pi to other users, practice how to securely store the wallet key (losing the wallet key, your pi assets are only used for viewing, picoreteam also has no way to help. you are).
12- Pi will launch a trade center, where goods will be traded in pi, decentralized applications, associated with big brands, so there will be hundreds of thousands of projects that follow pi but no publicity. application technology behind, should consider avoiding scam projects, requesting to top up ....
13- Currently, Pi has integrated PI BROWSER browser for users to experience smooth, responsive and limited ads. To support Pi you use App PI BROWSER and use this BROWSER browser to feel the difference.
14- The built-in applications running on the BROWSER platform that are being built by Pi Core Team are called HACKATHON and will be out at the same time as the MAINET project.
The most special thing is that all smartcontracs use Picoins. Unlike other chains, each project has its own token.
Pi developed and upgraded the SCP consensus algorithm (Staller). Transaction processing speed of more than 70,000 (maybe more) transactions per second. (compare with Solana 65,000)
With more than 12,000 nodes (distributed ledger) worldwide.
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