Pi Network : Mobile mining Revolution

[innovativebug]

 

Pi Network is a mobile cryptocurrency which is built on Stellar Concensus Protocol (SCP). Pi intends to allow devices of individuals to contribute on the protocol level and get rewarded, including mobile phones, laptops and computers. Below is an introduction on how Pi applies SCP to enabling mining by individuals.

There are four roles Pi users can play, as Pi miners. Namely:

Pioneer. A user of the Pi mobile app who is simply confirming that they are not a “robot” on a daily basis. This user validates their presence every time they sign in to the app. They can also open the app to request transactions (e.g. make a payment in Pi to another Pioneer)

Contributor. A user of the Pi mobile app who is contributing by providing a list of pioneers he or she knows and trusts. In aggregate, Pi contributors will build a global trust graph.

Ambassador. A user of the Pi mobile app who is introducing other users into Pi network.

Node. A user who is a pioneer, a contributor using the Pi mobile app, and is also running the Pi node software on their desktop or laptop computer. The Pi node software is the software that runs the core SCP algorithm, taking into account the trust graph information provided by the Contributors.


All roles are rewarded with newly minted Pi on a daily basis as long as they participated and contributed during that given day. In the loose definition of a “miner” being a user who receives newly minted currency as a reward for contributions, all four roles are considered to be Pi miners.

Join the Pi Network and instantly start mining by simply pressing the boost button just once every 24 hours. Currently, PI Network is valued at $0.38 (source: coingeko) which means its a perfect opportunity to become a part of the Crypyo frenzy without investing a dime. Just a tap on the boost button every 24 hours enables you to mine a good amount of Pi every single hour.

Link: minepi.com/innovativebug

In order to Register, it is compulsory to enter invitation code. Write innovativebug as your invitation code to become a part of this network and get free 1 Pi immediately plus earn 0.25 pi/ hour. Have fun Everyone and Happy mining