Pioneers are excitedly expecting the debut of the open mainnet, which, although this is not an official statement, is rumored to take place on March 14th this month. Yet since that day also marks the fourth anniversary of the Pi Network, we can’t just dismiss it out of hand.
It will be beneficial if we examine a few important network features before the open mainnet launches in order to prepare for its implementation.
Users can mine Pi by tapping the lightning button on the Pi Network app. In order to continue mining after the 24-hour countdown expires, the user must hit the button. As it only requires opening the app and touching the button once per 24 hours, the user is not meant to exit the app.
Below are key features of the Pi Network
1. Pi’s Popularity: According to Coinmarketcap, the Pi network has a user base of more than 35 million active users and an inventive mining system that enables anyone to mine Pi directly from their cellphones. Pi uses a mobile system that is supported by web 3.0 experience to safeguard transactions and work toward bringing power back to the people.
The best thing about the PI network is how simple, adaptable, and error-free it is to configure. This network has no specific single owner and is entirely decentralized.
2. Unique Ecosystem: Pi network has a rare network ecosystem, which even allows non-GPU users to perform mining via their smartphones. This ecosystem is backed with a wide range of technologies operated by several social communities.
3. Mobile Mining: Pi coin is a pioneer in bringing the revolution in mining as it can be done very easily from your mobile.
4. Strong Referral System: Pi network runs a very robust referral system which allows users to generate cash and appeal additional users. For this, the app has advertisements and a referral system.
What is Pi Network?
Pi Network is a digital currency project that aims to keep cryptocurrency mining accessible, as the centralisation of first-generation currencies like bitcoin (BTC) has put mining them beyond the reach of many everyday users.
The Pi Network, developed by a team of Stanford University graduates, enables users to mine PI cryptocurrency coins using desktop and mobile phone apps, validating transactions on a distributed record.