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Pi Network is a revolutionary cryptocurrency and developer platform that enables users to mine Pi coins directly from their mobile devices without significant battery drain. Founded by Stanford graduates, the network aims to make cryptocurrency accessible to a broader audience by simplifying the mining process. Utilizing the Stellar Consensus Protocol (SCP), Pi Network ensures secure and efficient transaction validation through a decentralized network of nodes. The platform has cultivated a vibrant community of over 60 million engaged members, referred to as "Pioneers," who contribute to the network's growth and security. On February 20, 2025, Pi Network transitioned to its Open Network phase, allowing external connectivity and enabling Pioneers to engage in identity-verified blockchain transactions. This milestone paves the way for developers to launch decentralized applications (DApps) within the Pi ecosystem, fostering real-world utility and adoption of the Pi cryptocurrency.
Stellar Consensus Protocol (SCP)