What is Pi Coin or Pi Cryptocurrency?

Sajid Sheikh
2 min readJun 22, 2020

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Hello everyone, in this post we are talking about Pi cryptocurrency. So first the Pi Network’s focus in the cryptocurrency world is to build the world’s most inclusive peer-to-peer marketplace, fueled by Pi, to become the world’s most widely used cryptocurrency. It creates a smart contract protocol that is secured and operated by everyone who is trying to use the cryptocurrency in there daily life, and not concentrated big miners like Bitcoins.

What makes Pi different?

The Pi Core Team has introduced a consensus algorithm that would also be extremely user-friendly and ideally enable mining on personal computers and mobile phones without draining battery and excessive data usage. Pi is based on the Stellar Consensus Protocol (SCP) and also an algorithm called Federated Byzantine Agreement (FBA).

What is the value of Pi Network?

Currently, the price of the Pi is 0.3$-0.4$. Also, it is predicted that by the end of 2020 it’s value will be around 1$-2$. But it depends on the market.

How to convert Pi into real money?

At the time Pi not full fledge cryptocurrency, it means we cannot exchange it with real money or any other cryptocurrency currently but in near future, maybe in the next 6 months, we can able to exchange it with real money and cryptocurrency.

How to Start Earning Pi?

  • Download the Pi Network App from Playstore and Appstore.
  • Register with your details on it.
  • Use “SajidKabir” as your invitation code to start earning.
  • Now verify your mobile number by checking manual instructions giving in the app.
  • Invite more members to increase your mining rate.
  • Open the app in every 24 hours so that the Pi Core Team know that you are consistent in it.
  • In the next few days, you have the option of creating your security circle which is essential for security.
  • Note: Don’t lose hope by people’s saying and be consistent in it.

For more information on Pi click here to check out Pi WhitePaper.

For any query feel free to Contact Us.

Originally published at https://frawstech.com on June 22, 2020.

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