[vc_row full_width=”stretch_row_content” inverse=”” css=”.vc_custom_1613744486896{background-color: #6e3198 !important;}” el_id=”foto”][vc_column][vc_single_image image=”116″ img_size=”1170×585″ alignment=”center”][\/vc_column][\/vc_row][vc_row inverse=””][vc_column width=”1\/2″][\/vc_column][vc_column width=”1\/2″][vc_column_text]<\/p>\n
mobile app to start earning today!
\nYou can download the mobile app below.[\/vc_column_text][vc_row_inner][vc_column_inner width=”1\/2″][vc_empty_space][vc_single_image image=”558″ img_size=”full” onclick=”custom_link” img_link_target=”_blank” link=”https:\/\/play.google.com\/store\/apps\/details?id=com.blockchainvault”][\/vc_column_inner][vc_column_inner width=”1\/2″][vc_empty_space][vc_single_image image=”557″ img_size=”full” onclick=”custom_link” img_link_target=”_blank” link=”https:\/\/apps.apple.com\/vn\/app\/pi-network\/id1445472541″][\/vc_column_inner][\/vc_row_inner][\/vc_column][\/vc_row][vc_row][vc_column][vc_row_inner][vc_column_inner][vc_empty_space][\/vc_column_inner][\/vc_row_inner][vc_row_inner][vc_column_inner width=”1\/3″][\/vc_column_inner][vc_column_inner width=”1\/3″][vc_single_image image=”363″ img_size=”310×71″ alignment=”center” onclick=”custom_link” link=”https:\/\/cryptominingfuture.com\/en\/instalacija\/”][\/vc_column_inner][vc_column_inner width=”1\/3″][\/vc_column_inner][\/vc_row_inner][\/vc_column][\/vc_row][vc_row inverse=””][vc_column][vc_column_text]<\/p>\n
Pi is a new cryptocurrency for and by everyday people that you can \u201cmine\u201d (or earn) from your phone.\u00a0Cryptocurrencies are a new form of digital money that is maintained and secured by a community, instead of by governments or banks. Today, you can mine (or earn) Pi by helping to secure the currency and by growing Pi\u2019s trusted network. While most cryptocurrencies (like Bitcoin) have been very hard for everyday people to use and access, Pi puts the power of cryptocurrency into the palm of your hand.<\/p>\n
Pi is not a scam. It is a genuine effort by a team of Stanford graduates to give everyday people greater access to cryptocurrency.\u00a0Pi\u2019s core team is led by two Stanford PhDs and one Stanford MBA, all of whom helped build Stanford\u2019s blockchain community. We cannot guarantee that the project will succeed. However, we do promise to work our hardest to make our shared dreams a reality, while maintaining the highest standards of integrity. You can learn more about us in the \u201cCore Team\u201d page in the main menu of the app.https:\/\/minepi.com\/team<\/p>\n
This app allows you to earn Pi by making simple contributions to Pi\u2019s community. The more you contribute, the more Pi you earn.\u00a0To start earning Pi, check in every 24 hours and hit the lightning button to start mining. Once you are mining, you can boost your hourly rate by inviting trusted friends and family to join the community. After 3 days of mining, you can boost your earnings more by building your security circle, which contributes to the overall security of the network. Keep in mind, earlier members of the network mine at a higher rate than those that come after them.[\/vc_column_text][vc_empty_space][vc_single_image image=”198″ img_size=”630×780″ alignment=”center” onclick=”link_image” css_animation=”zoomIn”][\/vc_column][\/vc_row][vc_row][vc_column][vc_column_text]<\/p>\n
You do not need to leave the app open to mine. Pi does not affect your phone\u2019s performance, drain your battery, or use your network data. Once you hit the lightning button, you can even close the app and you will continue to mine Pi.\u00a0So how can you mine a cryptocurrency without draining your battery or data? Instead of burning energy as proof of work cryptocurrencies like Bitcoin do, Pi secures its ledger when members vouch for each other as trustworthy. This forms a network of interlocking \u201csecurity circles\u201d that determines who can execute transactions. This novel approach allows crypto mining on your phone by leveraging your existing social connections, with no financial cost, no battery drain, and a light footprint on the planet. Read the technical section in our White paper for a more accurate and detailed explanation.<\/p>\n
Earlier members mine at a higher rate to reward contributions to the network when they are most needed.\u00a0Pi aims to be the world\u2019s most widely used and distributed cryptocurrency. To achieve that goal, Pi incentivizes its earliest members to make contributions that will ensure its success (e.g., securing and growing the network). To reflect the importance of early contributions, the rate of mining decreases as more people join the network. At this time, the base rate of mining halves every time the number of active users increases by a factor of 10 (see graph below). This rate will eventually fall to 0 when the network reaches a certain number of users (e.g. 10 million or 100 million). At that point, just like Bitcoin, miners will continue to be rewarded through transaction fees and not through the minting of new currency.<\/p>\n
As an Ambassador, you earn up to a 25% bonus on your base mining rate for each person you invite to the network.\u00a0You become an Ambassador when new members join your earning team by using your invitation code when they sign up for Pi Network. Each member of your earning team provides a 25% boost to your earnings when they are actively mining. A new member can only be added to their inviter\u2019s earning team because each member-only joins Pi once using one inviter\u2019s invitation code. In other words, unlike the security circles where people can be added into multiple member\u2019 circles based on trust, earning teams are fixed based on who invited whom. Each invitee in the world can only be claimed by one inviter.<\/p>\n
Becoming a Contributor allows you to earn more Pi by building a security circle of 3-5 trusted members.\u00a0Pi\u2019s Contributor role becomes unlocked for users after you\u2019ve finished 3 mining sessions as a Pioneer. After 3 days of mining, you will see a new icon of the security circle on the home screen of the app which you can click to start. To become a contributor, you need to add 3-5 people whom you trust to your security circle.[\/vc_column_text][vc_empty_space height=”64px”][\/vc_column][\/vc_row][vc_row full_width=”stretch_row” inverse=”” css=”.vc_custom_1613734582248{background-color: #ffffff !important;}”][vc_column width=”1\/2″][vc_raw_html]JTNDYnIlM0UlM0NiciUzRSUzQ2JyJTNFJTNDYnIlM0UlM0NiciUzRQ==[\/vc_raw_html][vc_single_image image=”181″ img_size=”300×200″ alignment=”center” css_animation=”zoomIn”][\/vc_column][vc_column width=”1\/2″][vc_column_text]<\/p>\n
[\/vc_column_text][vc_raw_html]JTNDYnIlM0U=[\/vc_raw_html][vc_column_text]Dr. Nicolas Kokkalis<\/span><\/strong> Stanford PhD and instructor of Stanford\u2019s first decentralized applications class; combining distributed systems and human computer interaction to bring cryptocurrency to everyday people.<\/p>\n [\/vc_column_text][\/vc_column][\/vc_row][vc_row full_width=”stretch_row” inverse=”” css=”.vc_custom_1613734582248{background-color: #ffffff !important;}”][vc_column width=”1\/2″][vc_raw_html]JTNDYnIlM0UlM0NiciUzRQ==[\/vc_raw_html][vc_single_image image=”180″ img_size=”300×200″ alignment=”center” css_animation=”zoomIn”][vc_empty_space][\/vc_column][vc_column width=”1\/2″][vc_raw_html]JTNDYnIlM0U=[\/vc_raw_html][vc_column_text]Dr. Chengdiao Fan<\/span><\/strong> Stanford PhD in Computational Anthropology harnessing social computing to unlock human potential on a global scale.<\/p>\n [\/vc_column_text][vc_raw_html]JTNDYnIlM0UlM0NiciUzRQ==[\/vc_raw_html][\/vc_column][\/vc_row][vc_row][vc_column][vc_column_text]<\/p>\n Security circles are groups of 3-5 trusted people built by each of Pi\u2019s members. Security circles secure the currency by building a global trust graph that prevents bad actors from executing fraudulent transactions.\u00a0While cryptocurrencies like Bitcoin secure their ledgers by forcing miners to burn energy (proof of work), Pi secures its ledger when its members vouch for each other as trustworthy. Pi\u2019s Contributors vouch for each other by building security circles comprised of 3-5 members they deem as trustworthy. Security circles should be comprised of people you trust not to execute fraudulent transactions. The network\u2019s security circles form a global trust graph that determines who can be trusted to execute transactions on Pi\u2019s ledger.<\/p>\n Today Pi is worth approximately 0 dollars\/euro etc. similar to Bitcoin in 2008. Pi\u2019s value will be backed by the time, attention, goods, and services offered by other members of the network.\u00a0By pooling our attention, goods, and services around a common currency, Pi\u2019s members seek to capture more of the value that typically goes to banks, technology giants (e.g., Facebook, Amazon), and other intermediaries. Today, we are laying the infrastructure for this digital currency and marketplace by distributing the currency, building the community, and developing the technology to ensure its security.[\/vc_column_text][vc_empty_space][vc_single_image image=”194″ img_size=”full” alignment=”center” onclick=”link_image” css_animation=”zoomIn”][vc_column_text]<\/p>\n
\nHead of Technology<\/span><\/p>\n
\nHead of Product<\/span><\/p>\nWhat are security circles?<\/h4>\n
What is the value of Pi?<\/h4>\n
Can I withdraw my Pi? What is the timeline for withdrawals?<\/h4>\n