As many of you know, I have been occasionally sharing about Pi. This is a new article about it and it’s a really good summary that explains what it’s all about: https://bitcoinist.com/introducing-pi-network-making-cryptocurrency-accessible-to-the-masses/
I like these excerpts:
“Pi was conceived with the vision of re-democratizing access to cryptocurrencies and making them accessible for anyone to mine with equipment that’s easily available – a smartphone.
Pi was founded by Dr. Nicolas Kokkalis and Dr. Chengdiao Fan. Dr. Kokkalis holds a Ph.D. from Stanford and was the instructor of Stanford’s first class on decentralized applications, and co-teaches the Beyond Bitcoin class at Stanford once a year. In the course of teaching his dapps class, he came to realize the difficulty of making blockchain technology available to everyday people.
Dr. Fan holds a Ph.D. in Computational Anthropology from Stanford. Her research has focused on human-computer interactions and social computing – how we can use technology to positively impact human behavior and societies.
In total, the Pi team comprises 14 people working around the globe.
Conclusion:
The barriers to entry for mining most major cryptocurrencies are currently so high that most participants are excluded. Mining Pi on a smartphone is a simple and easy way to watch cryptocurrency rewards accrue on a daily basis.
However, the value of those rewards requires Pi to gain the traction and usage of the network effect. Only once enough people participate and are willing to transact goods and services in Pi, will the rewards gain any real-world value. In that sense, the success of Pi depends on its ability to reach enough people and enough utilities.
If the project can meet this challenge, Pi has every chance of being a success when it launches on the mainnet.
Pi already operates in 238 countries and 52 languages.”
I am sending you 1π! Pi is a digital currency developed by Stanford PhDs, with over 14 million members worldwide.
To claim your Pi and mine Pi for free, follow this link https://minepi.com/miltongohblog and use my username (miltongohblog) as your invitation code.
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