Bitcoin Forum

I have always been very skeptical and distant from all the hype around digital currency in general due to my basic investment principle that when everyone on the street starts talking about an investment product, it is generally too late to invest in it. It is in this state of mind that I listen to a family friend who tried for months to encourage me to join his cryptocurrency investment group. He got my attention when he mentioned that this one is a new innovation which is at the free distribution phase with no financial commitment required.
As soon as I reached home, I started making some background research on the Pi Network and found that not only it is a very legitimate and innovative digital currency initiative, but more importantly, it is still at the right stage to jump in with an excellent risk reward ratio. Of course, there is no guaranty that it will be a successful project, but what you tent to lose is a few minutes a day of hitting a button on your mobile and the mobilization of your network of friend and family at no financial cost to you or them for a possible reward of amassing lot of Pi digital currencies that could be very valuable in the future if the project is successful. Below is the summary of the findings of my research on the PI Network and my recommendation.
1. It is a project credited to three Stanford University PHDs namely: Dr Nicolas Kokkalls (head of technology), Dr Chengdiao Fan (Head of product) and Vincent McPhillip (head of community)
2. The company only offers a service, but no product. After downloading the Pi Network app, you need to confirm that you are a human by pressing a lightning symbol on the app at 24 hours intervals. This will initiate the mining process at a predetermined rate on your mobile device (currently 0.20pi/hr) without draining your phone battery. You are free to exit the app after that action without discontinuing the mining process.
3.  It is an FREE App. Free to download (with no ads) either from google play or apple store.You may search pi, pinetwork,or minepi
4. Members can join only on invitation from other members. You can accelerate your mining rate by inviting other members to join using your code. You are welcome to use mine to join if you decide to or if this review add any value to you (cakzxd).
5. After three successful mining cycles of 24 hours each, you qualify to become a contributor and you can form a security circle of 3 to 5 trusted members. This will accelerate your mining rate as well.
6. The mining rate has been halve for any multiple of 10 members that the network achieved. The project started in March 2019 at a rate of 3.1 Pi/hr and in November 2019 the network reached 1 million members and the current rate is 0.20 pi/hr.
7. The next milestone is at 10million members and it is not yet clear if the mining process will be discontinued at that stage or if it will continue to reduce in speed.
8. On Pi network white paper, a summary description of the technology they use is as follows: For Pi, we introduced the additional design requirement of employing a consensus algorithm (the process that records transactions into a distributed ledger) that would also be extremely user friendly and ideally enable mining on personal computers and mobile phones. The consensus algorithm that they use is the Stellar Consensus Protocol (SCP) that was architected by David Mazieres a Professor of Computing Science at Stanford University as stated in Pi Network white paper as well.
My recommendation:
Pi has no value currently, just as Bitcoin in 2008, but could have value in the future. Pi Network is using an innovative digital currency technology that will decentralize mining of digital currency to the ordinary people and is user friendly through mobile phones. In my view the risk reward ratio justify my recommendation of jumping in while it is still open. But like for everything in life, feel free to do your own research. This is only my personal opinion and if you decide to go by it I will appreciate you using my code to join. It will bless me in return by accelerating my mining rate. You can reach me at arcticglobal@gmail.com if you would like to discuss more about this project.


The apple store link is https://apps.apple.com/ca/app/pi-network/id1445472541
The Google Play store link is https://play.google.com/store/apps/details?id=com.blockchainvault
or download from the minepi directly https://minepi.com/cakzxd

www.pinetworkapp.org
ww.pinetworkapp.org/free

FACTS WE SHOULD KNOW ABOUT Pi's SMARTPHONE MINER/APPS

1. I Tried it and using it for almost month and I notice that it cannot cause my phone to high temperature.

2. It doesn't cause lag also to my phone.

3. The Apps is super light, so after you run it, you can minimize it and use your phone as you use it your daily task.

4. Once you run it, it doesn't consume of your cellphone ram or data.

5. And the best part is, the apps doesn't need the network data or wifi to mine Pi, once you tap the mine button, you can shut it off the data or wifi especially at bed time.

It's a pyramid scheme and has nothing to do with crypto mining.

I'm agree with joblo it is just another useless app. How can you say that it won't lag? I already tried the app because I'm just curious how the app actually work but after I tried it and play games it's too lag when playing online games.
And the bad thing is I heard someone that before you can get coins/token from the Pi network you will need to verify first if you are real person so you will need to KYC before you can get what you mine. This is just what I heard to someone.

So for me this is another phyramid scheme trying to do "networking" because of referring reward.

If you said lag on your cell phone. I should say it is the problem with your own cell phone. Because this PI app does use little network data.  It only need WIFI or data to connect tot the server while start another mining cycle, and it only takes less than 5 seconds. I did a test to disconnect all the data connection, it still runs well without any problem.

I am also disagree the comment of the  pyramid scheme. It is a FREE system. free account register, free app downloading and free mining , no any cost or financial commit requirement. Can you list any pyramid scheme system which provides all those FREE services?

Yes , it is no value currently, just as Bitcoin in 2008, but it could have value in the future, so give it a try,No cost, No risk, No hazard. What have you got to lose?

Great chance to earn digital money on your phone，Free, No cost，No Risk

Sony Marketing Vet Christine Birch Launches The ROYGBIV Collective   http://theroygbiv.com/
Her Latest Project is PI Network

EXCLUSIVE: Former Columbia Pictures marketing chief and industry vet Christine Birch is opening the doors to The ROYGBIV Collective, a new consulting firm which will provide media, tech, and lifestyle companies with powerful strategic narratives across their positioning, creative branding, messaging and overall vision.

As the former marketing boss not only at Sony, but DreamWorks Studios and FilmDistrict, Birch has been behind several blockbuster film campaigns that have yielded billions of dollars at the global box office working on such titles as Jumanji: Welcome to the Jungle, Spider-Man: Homecoming, Peter Rabbit, Transformers to name a few as well as Oscar-winning pics like The Help, The Theory of Everything and The Danish Girl. With the ROYGBIV Collective, Birch is bringing her entertainment marketing skills to a new generation of entrepreneurs, starting with the booming cryptocurrency firm Pi Network which since its March 14 launch, now counts over 2 million engaged users, all of whom are members by invitation.

“With all the emphasis on analytics and micro-targeting, it’s tempting to forget that it’s the ‘mythic narrative’ that connects all the dots, and creates emotional resonance. Since the beginning of man, such narratives have helped establish a sense of common purpose, which is how successful movements are built,” says Birch.

“While most movie marketing campaigns are data driven, I feel there’s a greater need to access more of the emotional underpinnings in these campaigns. When I decided to embrace the Pi Network, I saw an opportunity to demonstrate the validity of my approach and provide a storytelling narrative to a project that was outside the entertainment industry. Storytelling does not have to be specific to any platform,” Birch tells Deadline.

With Pi Network, Birch partnered with Silicon Valley startup Social Chain Inc., working alongside founders Dr. Nicolas Kokalis, Dr. Chengdiao Fan, and Vincent McPhillip to formulate the vision for a new social cryptocurrency. Birch was turned onto the idea of cryptocurrency after one of her guests, a Stanford graduate, began talking about the tech coin at a family barbecue.

“We started talking about what was wrong with the financial system the way it is, and the idea that money is in fact a created asset. As a society, we initially traded goods and services and ultimately decided that money was the standard. This became a very interesting conversation about what you can do when value is generated in a different way,” Birch says. Birch wrote the introduction to the Pi Network’s white paper with a group of Standford PhDs.

Separately, Birch has joined the board of directors of Stocks & Securities LTD (SSL), a premiere venture capital company which is teaming with local entrepreneurs on her native island of Jamaica. As part of these efforts, Birch is developing plans for a new luxury spa on the island, which will feature the rich history and therapeutic properties of Jamaica’s indigenous herbal healing, including a cannabis-focused regimen.

Birch immigrated to the US from Jamaica at the age of 3. A Dartmouth College alum, she cut her teeth in the New York publishing scene at Scholastic and Random House before embarking on a long career in motion picture theatrical marketing. The ROYGBIV Collective goes live today on Twitter, Facebook and Instagram.

https[Suspicious link removed]cutive-the-roygbiv-collective-pi-network-1202836761/

We help people & companies tell their story.
Our approach has generated billions of dollars in global revenue by creating powerful consumer narratives that motivate & inspire.
http://theroygbiv.com/

http://theroygbiv.com/

Cryptocurrency mining is a complex computing process that usually requires special equipment to be used. Powerful video cards are used for mining Ethereum while Bitcoin is mined with the help of ASICs which are even more expensive. The developers of Pi Network decided to make their cryptocurrency more accessible. Any owner of a smartphone can mine PI crypto.

Disclaimer: Pi is NOT free money.
Pi is NOT free money. It is a long-term project whose success depends on the collective contributions of its members.

Pi is dedicated to helping everyday people capture more economic value that today goes to banks, technology giants (e.g., Facebook, Amazon), and other intermediaries. Pi depends on the collective contributions of its members. If you are looking for quick money, look elsewhere.

What is Pi?
Pi is a new cryptocurrency for and by everyday people that you can “mine” (or earn) from your phone.

Cryptocurrencies are new form of digital money that are 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’s 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.

What is Pi?
Pi is a new cryptocurrency for and by everyday people that you can “mine” (or earn) from your phone.

Cryptocurrencies are new form of digital money that are 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’s 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.

Is this real? Is Pi a scam?
Pi is not a scam. It is a genuine effort by a team of Stanford graduates to give everyday people greater access to cryptocurrency.
Pi’s core team is led by two Stanford PhDs and one Stanford MBA, all of whom helped build Stanford’s 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 “Core Team” page in the main menu of the app.

It looks like you are the lucky one, all the other Pi spammers have been shut down.

Who are these PhD's? What are their names? What papers have they published?

Have you caught any fish yet?

It looks like you are the lucky one, all the other Pi spammers have been shut down.
Thank you.

Who are these PhD's? What are their names? What papers have they published?
Dr. Nicolas Kokkalis
Head of Technology
Stanford PhD and instructor of Stanford’s first decentralized applications class; combining distributed systems and human computer interaction to bring cryptocurrency to everyday people. Read more ...

Dr. Chengdiao Fan
Head of Product
Stanford PhD in Computational Anthropology harnessing social computing to unlock human potential on a global scale. Read more ...

Vincent McPhillip
Head of Community
Yal

Have you caught any fish yet?
PI in a long term project. If you want the quick money. It is not your type.

What is the value of Pi?
Today Pi is worth approximately 0 dollars / euro etc. similar to Bitcoin in 2008. Pi’s value will be backed by the time, attention, goods, and services offered by other members of the network.
By pooling our attention, goods, and services around a common currency, Pi’s 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.

When will Pi be worth something? When can I turn Pi into “real” money?
Pi’s holders will be able to turn Pi into “real” money when they either purchase goods and services on Pi’s marketplace or exchange Pi for fiat currency.

Cryptocurrency holders have two options for turning their holdings into “real” money (or to “cash out”): 1) Directly purchasing goods and services with their crypto or 2) exchanging their crypto for fiat currency (e.g., dollars, euro, etc.) on cryptocurrency exchanges.
1) Directly purchasing goods and services with your Pi. Pi Network is building a peer-to-peer marketplace where our members will be able to directly spend Pi to buy goods and services. We aim to start experimenting with in-app transfers of Pi as soon as Q4 2019.
2) Exchanging Pi for fiat currency on cryptocurrency exchanges. Pi’s Core Team does not control when cryptocurrency exchanges (like Binance, Coinbase, Kraken etc.) decide to list Pi. However, Pi will be able to be traded in Phase 3 of the project (i.e., Mainnet). At that point, exchanges can choose to list Pi. In the meanwhile, Pi’s core team is focused on implementing our technical roadmap (see our white paper) to reach phase 3.

"Dr. Kokkalis has expertise in designing viral social applications,"

Pyramid shemes and click baiting are "viral social applications" that lure people with the
promise of profit by recruiting more members or getting "likes". It's not a sustainable model,
it gets top heavy and collapses.

The suckers always lose. If you haven't found any, you're one of them.

Digital money is subject to changes you may not like.

I don't know if you're just another scammer or a naive investor but Pi is a scam
and your promotion of it makes you look like a scammer.

Pyramid shemes are an old con. There are even large companies that use the
technique, remember Amway?

https://en.wikipedia.org/wiki/Amway

But the're bad news. They eventually collapse and most people are left holding the
bag while a few get rich.

If you're just a scammer you can go to hell as far as I care. But if you're a naive investor
who truly believes, you should learn more about pyramid shemes before you invest in them.

So I've been using it for some time. At first it was ok.before all the halvings.
Now after the halvings you dont earn much at all.
Also the app has glitches to where it notifies you that u need to mine every 10 hours or so. When it's only suppose to send u the notification once the mining ends every 24 hours. So this gets annoying to see that come up a few times a day when u already are mining.
And then they go and say that there might not be anymore mining after this next halving.  So pretty much that's gonna end the project because if ur not mining anymore then what's the app or project or blockchain doing??

So I'm curious to see where its gonna go from here.

Next is the node

Hi Friend, Do you understand what is the Pyramid schema , Before posting Could you please read https://en.wikipedia.org/wiki/Pyramid_scheme?

PI network is diffidently not a pyramid schema,
First, the invitation relation is only one level, Just like the most America online bank, the inviter gets some rewards, but only one level.
Second, the PI inviter and invitee had to work/help each other to increase their earning rate.  They have to keep active (mining online) at the same time to help each other get extra earning rate.
Most important. It is FREE, free account, free APP， free mining, free KYC, no any finance commitment required.
ZERO invest, no any risk.  and nothing to lose. Can you list any pyramid schema with ZERO investment?
PI is almost as the same as the bitcoin in 2009, but you even do not need to invest any expensive mining machine, and no high power cost. You just need to install the PI app on your phone, and hit the green button every day. That is it.

Some people I knew had a similar cult-like devotion to Amway.
They didn't listen to reason either.

In-app transfer findings

We’ve really enjoyed connecting with you via our new topics feature over the last couple weeks. As we’ve been surveying the community on how to commemorate Pi Day 2020, many Pioneers have asked for updates on the project. As we approach Pi Day, we want to share more of our plans for the next phase of development of the project to get feedback from the community before we finalize the plan.

Over the next 2 weeks, we’ll provide these updates in the form of brief videos on the home screen. We’d like to gather your feedback in a video format submitted through social media. Your video submissions may be included in a special video that we release on Pi Day to update existing and future Pioneers.

If you have any comments, questions, or feedback on this process, feel free to comment by joining the topic from the the home screen. While we already have quite a lot of ground to cover between now and Pi Day, we will try our best to incorporate your feedback


Over the last 3 months, ~300 Pioneers have been participating in a pilot of in-app transfers of Pi. The purpose of the in-app transfer pilot is to help bootstrap Pi’s peer-to-peer economy by helping us identify what Pioneers are willing to offer in exchange for Pi as well as what Pioneers want to buy with their Pi. In addition to laying the foundations of a healthy economy for Pi, the Pilot is also designed to help us understand what could go wrong so that we can avoid potential abuses of Pi and its community.

Pilot members were selected based on community recommendations as well as their previous contributions to Pi’s ecosystem. To protect Pioneers from being tricked by bots and bad actors paying with “Pi” that will be burnt before we move to mainnet, participants had to verify their identity (or perform KYC). Additionally, the terms of the pilot strictly forbade any transactions that involved fiat currency (such as selling Pi for dollars).

As we expected, the pilot has shown both promising and challenging signs. On the promising side, transactions have shown that Pioneers have a lot of interesting goods and services to offer for Pi. Examples of such transactions included:

A collection of honey sold for 18 Pi including shipping.
A digital camera sold for 65 pi.
A special edition pair of Nike Jordans sold for an undisclosed amount of Pi.
A children’s scooter sold for 3.5 Pi.
Many other transactions including Pi for children’s diapers, oil, batteries, and automotive parts.
There were also many abuses of the in-app transfer. Although all exchanges of Pi for fiat currency were prohibited by the terms of service, we received many reports of Pioneers attempting to sell the currency or take advantage of others. For example:

Some accounts made thousands of small transfers of Pi within a couple of days. These transactions did not seem to be tied to any real goods and services.
Many accounts attempted direct sales of Pi.
We received reports of people claiming that they were partially fundraising for charitable causes while in essence selling Pi. There is no verification that the portion of the funds intended for donation were actually delivered.
All of these reports ultimately fuel additional bad behavior when organizations can then claim that they have Pi to sell in unauthorized offerings of Pi.
These types of bad behavior provide no help in establishing a healthy Pi ecosystem or building a foundation for Pi’s economy. Instead, they endanger existing and future Pioneers with potential losses of money, and the project as a whole by tarnishing our reputation.

In conclusion, we have learned two major lessons from in-app transfer Pilot so far:

Enabling people to transfer Pi should be paired with healthy ways to spend the currency that drive demand for Pi.
The Pi ecosystem needs a systematic approach or platform to support applications that scale the types of healthy transactions listed above and address the logistical headaches the arise when trying to transact with people all over the world.
That concludes our update for today. What do you think of these findings and assessments? Please let us know by joining the topic from the home screen. We look forward to your input.

So... Is the new cryptocurrency PI Network legit?

Yes, It is legit.

Welcome to our video series on the next phase of development of the project. Due to the risk of coronavirus here in the San Francisco Bay Area, we are currently shooting the video from separate locations. Our hearts go out to the Pioneers in our community that have had to deal with the virus. To those that have not yet encountered the virus, please stay safe!

The Core Team is excited to announce that Pi Network will launch Phase 2 of the project on Pi Day, 2020. Phase One began on Pi Day, 2019 with the goal of growing the network to 1M Pioneers. Less than a year after launch, we’ve far surpassed our goal, with over 3.5M engaged Pioneers globally. Now that we have built this large and diverse global community, we are ready to embark on our second phase of development.

Phase 2 of the project has two goals: 1) Building value and 2) Decentralizing the network.

Goal #1: The 1st goal of Phase 2 is to build value by creating an Applications platform.

Building value means setting up the necessary infrastructure to create intrinsic utility for Pi by enabling people to buy and sell real goods and services for Pi, at scale. Unlike most current crypto projects that primarily focus on technical infrastructure, Pi Network believes technological infrastructure and economic adoption and utility should be developed together and grow in parallel. The primary way we will achieve the goal of value building this year is by creating an Applications Platform that scales healthy transactions of Pi.
One of the biggest questions about cryptocurrencies is “What gives them value”? Pi’s answer is real intrinsic utility. Pi will be backed by useful online and offline applications as well as a basket of real goods and services. With over 3.5M engaged Pioneers in the network, we can now iterate various real world applications that enable members of the community as well as external parties to spend Pi to benefit from the time, attention, talents, resources, and services of our global community.
The application platform will allow third-party developers and providers not just the core team to build applications in different domains or specialized areas that facilitate structured transactions of Pi and create the Pi ecosystem together. Pi’s Application ecosystem will lay the foundation of a healthy market of strong utilities of Pi, creating demand for the currency and building the value of the network.
Goal #2: The 2nd goal of Phase 2 is to decentralize the network by building Pi’s Testnet.

Decentralization is a key facet of Pi’s philosophy. We fundamentally believe that everyday people should have a greater say and should be able to capture a greater share of the value they create in society. We believe that the best way to achieve this goal is by building a decentralized currency and economy.
Unlike centralized payment systems like PayPal and traditional banks, Pi’s transactions will eventually be validated by a decentralized network of computer nodes. During Phase 2, we will release the first version of this Node software and start building Pi’s Testnet. Our intent is to make the Pi Nodes people-friendly and accessible to everyone. No need to have computer science degrees to run a pi node.
While we are excited for this next phase of development, one of the most important challenges will be ensuring that we have resources needed to achieve these ambitious goals. Today, the Core Team consists of just 8 people serving a community of over 3.5M million Pioneers or over 400K Pioneers for every one Core Team member. The costs of servers and phone verification service alone now runs in excess of $30,000 a month. As we embark on phase 2 – the biggest variables that will determine how quickly we can make it to phase 3 are the financial and human resources available for the project.

We’ll be sharing more detail on our initial strategy for Phase 2 of the project over the next few days with one video about building value via the Apps Platform that scales Pi transactions, and another video about progressing in the decentralization of the network by starting to build Pi’s testnet.

What do you think of our initial strategy for Phase 2 of the project? We welcome both video responses (just paste a link to a social media post) as well as text responses by joining the topic below. For video response, please upload your response on Instagram, Twitter, or YouTube using the hashtag #PiPhase2 and post a link to the video in this topic.

I don't know if this is legit or not, but it is taking very little effort on a daily basis.  I get a push notification every 24 hours to start "mining" then I close the app.  I haven't referred anyone or put really any effort into this.
I currently have over 179 Pi.

So lets see what happens.

Only newbies and shills saying that.

Google "pyramid scheme" or "ponzi"

Pi Phase 2 – Pi Apps Platform

Our first goal in Phase 2 is building value.As discussed in our strategy overview video, to build value, the network needs to create intrinsic utility for Pi by enabling people to spend pi to exchange for real value (versus other currencies which are only representations of real value) and products at scale, be it entertainment, social connections, influence, access, knowledge or buying and selling real goods and services for Pi.

To create a full-fledged ecosystem that mirrors the breadth and scale of traditional economies, it’s impossible to have all applications built by the core team alone. So our strategy is to decentralize the development of Pi’s ecosystem through the Pi apps platform. For example, if Pi marketplaces are necessary to facilitate and scale healthy Pi transactions, members of the community or third party developers can create Pi apps of different marketplaces that vary by region, language, and types of goods and services. While the Core Team can’t be experts in all varieties of apps, our global community and external parties can be.

Pi Core Team will focus on providing the platform to facilitate others who are more specialized in the specific domains to build those apps, such as e-commerce, logistics, supply chains, gaming, real estate or financial services. In addition to the platform, Pi Core Team will only develop a few key Pi apps that are closely tied to Pi’s vision and community building. Based on our initial research, Third-party developers of decentralized applications are very excited to tap into and contribute to Pi’s ecosystem through the platform, because Pi’s philosophy of user accessibility and the large active global community are a rare resource in the crypto space.

An Apps Platform will allow third-party developers to build applications that facilitate structured transactions using PI. The Apps Platform can include both apps that are built within Pi Network called Pi Apps as well as external applications that are able to integrate Pi into their payment options, called Pi Payments.

Pi Apps will be hosted within the Pi interfaces, for example, similar to facebook applications or WeChat mini-programs. Some categories of potential Pi Apps, that can be hosted within the Pi interface include:

Pi Financial Services Apps – Apps that allow Pioneers to access the emerging world of decentralized finance. We’ve already spoken to developers building apps to allow people to own fractional pieces of real estate as well as fractional shares in companies like Apple, Google, etc.

Pi Social Media – Apps that allow Pioneers to spend and earn Pi while engaging with high quality content. We’re especially interested in integrating Pi into Pi Network’s existing chats to curate higher-quality conversation.

Pi Marketplaces – Apps that allow Pioneers to exchange goods and services. Similar to Amazon and TaoBao for goods; and Upwork, AirBnB, and Uber for services.

Pi Games – Apps that allow Pioneers to spend Pi to play fun and engaging games similar to how gamers spend traditional currency in their games.

Pi Payments will allow external applications to integrate Pi into their payment options. Some Examples of Pi Payments include:

A QR code system that allows local retailers to accept payment in Pi

Your favorite local website creates a new “Pay with Pi” button

Someday, Amazon.com could also create a new “Pay with Pi” button on its website.

We will start with a focus on applications that are built directly on Pi Network – Pi Apps. Only when we construct a robust viable Pi ecosystem through Pi Apps, can we attract external traditional industries to integrate Pi Payments into their platforms.

We will work alongside the community to identify the most promising applications to be listed on the platform. To avoid a wild-west situation where unchecked individuals try to take advantage of fellow Pioneers, the selection of apps will involve community vetting and peer reviews to try to achieve relevance, quality and trustworthiness.

The development of the Apps platform will begin in the second quarter (Q2) of 2020. The application process for third-party developers is expected to open by the end of Q2 2020. The in-app transfer pilot proved the need for an apps platform that allows safe and efficient transactions using Pi and reduces abuses. The findings of the pilot mean that we will have to slow down enrollment into the in-app transfer pilot until more apps are added to the apps platform that scale transactions of real goods and services and we design safeguards needed to prevent further abuses.

While we will be slowing down enrollment in the in-app transfer pilot, we will expand KYC after Pi Day, as KYC will still be necessary to participate in other Pi programs. Being KYC’d will no longer automatically enable in-app transfers, but will increase Pioneers’ probability of being selected for the in-app transfer pilot lateras more applications are added to the platform. Being KYC’d will also be required for eligibility to run certain versions of Nodes on Pi’s testnet . We’ll present an update on the node in our next video and why it’s important for Pi.

"Someday, Amazon.com could also create a new “Pay with Pi” button on its website."

And the winner of most unlikely event to ever occur is....

Pi Phase 2 – Pi Nodes
At Pi Network, we believe that everyday people should have a greater voice and capture a greater share of the value that they create in society. We believe that the best way to achieve this goal is by building a decentralized currency and economy.

Pi’s decentralized currency will eventually be secured by a distributed global network of Pioneers, rather than being controlled by one single centralized entity. Pi’s global network will be ultimately self-governed, meaning that the community can shape how Pi evolves over time.

When Pi is fully decentralized, Pioneers will also have full sovereignty and control over their own cryptocurrency holdings. Progress in decentralization brings Pi closer to the phase where Pioneers will be able to sell or exchange Pi, without centralized interference, just like bitcoin and ethereum. In other words, moving into the Phase 2, the testnet phase, takes us one step closer to Mainnet, when Pi can be traded freely with other currencies, in addition to trading for goods and services.

Pioneers who want to help secure Pi’s currency can choose to become a Node.

Nodes are the forth role in the Pi ecosystem, and run on laptops and desktops instead of mobile phones. Similar to other blockchains, Pi Nodes will be responsible for validating transactions on a distributed ledger, and resolve the challenges in maintaining a distributed currency by having all nodes come to a “consensus” on the order of new transactions getting recorded.
Unlike nodes that use proof of work such as Bitcoin or Ethereum, Pi Node uses a different consensus algorithm based on the Stellar Consensus Protocol, in which nodes form trusted groups (quorum slicess) and only agree to transactions that those trusted nodes agree to. The security circles from Pi mobile miners aggregate into a global trust graph that enables Pi nodes to form quorum slices to determine who can and cannot validate transactions on the shared ledger.
Also unlike other crypto projects, the Pi Node will continue to uphold the philosophy of user centric design. Instead of requiring much technical knowledge to set up a node, everyday people will be able to do that by installing a desktop application on their computers, just like installing any other computer app. Through this desktop application, Pioneers can switch on/off to make their devices available/unavailable for serving as a node.
By March 31, 2020, we’ll make the initial version of the Pi Node application available to download and install. This initial version of the Node will include two interfaces: the node interface and the desktop Pi interface. The desktop Pi interface will be similar to the interface of the mobile app and will allow people to check their Pi balance and use the Pi chats on their personal computer. However, only members, who apply and get selected by the core team to serve as a testnet node, will have the node interface fully activated. The detailed requirements and selection process will be announced along with the software launch.

This version of the node is the first step towards building the Pi Testnet, which will enable the core team to test the consensus algorithm and its scalability, calibrate configurations, and adapt and improve the consensus algorithm. Pioneers who run this version of the node will not need to be concerned with such processes. All they need to do is to decide if and when their devices are available/unavailable serving as a node in the Pi testnet, if they’re selected as a node.

The Nodes for Pi’s Testnet will be launched and open for application by 3/31/2020. In order to be selected to run certain versions of the node on Pi’s Testnet, Pioneers will have to undergo KYC. More KYC slots will be opened up to support node enrollment and the advancement of Testnet. More detailed selection criteria for Pi Node will be released along with the software launch. But overall, the principles of node selection will be the trustworthiness in the network, and the availability and reliability of the device.

You guys are worse than the Onecoin shillers. Just can't keep your mouths shut, spamming referral links on the weirdest places and goes to friends, family and neighbours to make sure they sign up with your link.
When googling pinetwork, I even came over a post with the same statement as Onecoin..
Pi Network, better than bitcoin. lol

Fun facts:
I don't know anyone that was able to recover any money from Onecoin

The Pi Network app isnt a miner. Its a airdrop app that gives you a tiny piece of a massive, but unknown amount premine

The is no proof of a coinsource, so all the "coins" you have collected the last 9 months is just a number in a database that may or may not be paid to you if they ever get a blockchain up and running.
Its a lightweight app because it doesnt do anything, not because they are highly educated brains with a new algorithm that can mine 1mil times more effective than SHA256

A lot of fake reviews out there written by users who only does it to spam their referral links

When putting your phonenumber and name in a app, youre also registered in another database. This one gets sold when there is enough verified users in there to make it actually worth something.
If they actually got 3.5mil names in there, that list is probably sold already xx times

Statements like "Better than Bitcoin" and "The real Bitcoin" has been proven over and over again to be a classic scam and its sad that people still fall for it.
Whatever as long as you get more referrals, yeah?


Good luck with your non-existent blockchain and super lightweight non-mining app, but please stop the reflink spamming...
Thank you

PI network is just following its steps which was well addressed in their white paper. in 4 days they are going to release the first node. let's wait and see if it is a scam or legit.

I Agree for this  :D good statement

I joined from the start on the PI network i dont really see any future in that coin i think their just trying to make money on people !

Colin:What do you think of the Pi node released so far? Will there be a lot of people involved?

TheCryptolegend:The Pi Nodes that will be released will have a Pi app interface where what you see within your Pi Network app on mobile will exist on your desktop. The software will be able to be downloaded on the minepi.com website. It will have all the features that exist within your Pi Network app. There is an additional feature called a Node function. Only pioneers who have passed KYC will be able to access this. Once you are selected for KYC the Core Team will notify you within the Pi Network app. Pi Nodes will have the ability to be toggled on and off. There is a third level called a Super Node this will require the Pioneer to have an established 24/7 consistent internet connection with more requirements to qualify. They will be the fundamental cornerstones for Pi Network’s global trustgraph. Page Rank for other Pi nodes within your proximity will be listed, such Pioneers will be required to build quorum slices by determining which other Pi Nodes they want to link with their Pi Node. This interconnected network is fundamental to creating what is necessary for Pi Network to establish a strong foundation for transactions to occur on a secure network that can scale appropriately.

At this moment, only moderators of Pi Network have the first level feature of Pi Nodes. More information will be given in the future. The Core Team will screen through those who have passed KYC next to determine who can be given the second level which is the Node Function.

Colin:What is the function of Pi node? Will it be like a bitcoin node?

TheCryptolegend:Pi Nodes will record transactions of the distributed ledger. All Pi transactions between Pioneers will be recorded on the blockchain. This is needed to establish decentralization for Pi Network. Bitcoin nodes function in the same manner.

When a high volume of transactions occur, the Pi transactions that cost the most will be prioritized and incur transaction fees. This is how Pi nodes award Pi, through their transaction fees. Each Pi node though can independently validate a transaction. The consensus is required to record it on a distributed ledger that can be seen by every Pi Node within the network.

Colin:How long do you think the phase 2 test will last until the main network?

TheCryptolegend:Phase 2 will exist for a year even two years before Phase 3 occurs. There are many applications and features Pi Network has planned to implement for Pi’s utility, capability, and scalability. These applications need to be tested, revised, and piloted to ensure they work as intended. Pi will fuel the transactions throughout the applications platform for Pi Network. This interconnected network of utilizing one type of cryptocurrency will allow Pioneers to use a digital wallet for decentralized applications that will exist within their platform. Creating ease of use for a Pioneer.

Colin:Do you have any expectation on the price of Pi?

TheCryptolegend:Pi’s value is unique in comparison to any other crypto. The reason is because it is backed by goods and services. It is not listed on an exchange before the market is created for its utility. This directly affects what it can be valued at. As pioneers will set and determine the value of it by simply choosing what to accept its worth to be between two pioneers. There is an economy I am helping to build but it will be one of many economies that will exist for Pi around the world. Pi’s economies will be separated based on the mentality of the community using Pi and their trust in regard to Pi. The economy I have been working to build will value Pi at $10/Pi. However, other places may give you far less for a Pi. It is directly related to the principles I discussed above. In the same manner, a person can take their money and make it worth more in value by moving to a country where their sovereign currency is stronger. Is what will happen. Pi’s value will be dependent upon what economy you use your Pi in.

All smartphones are too vulnerable, they are not protected enough, a lot of 3-d party soft installed. As for me it's bad choice to mine anything with it.
Only PC mining with CPU/GPU, ASIC.

PI network have a few different updates on the coming weeks. Not just about the node, but about other things they are preparing too. Stay tuned. From February 15 until March 31 they had been communicating with the community very frequently and they wanted to give people a little break. So the last couple of weeks they have been silently working on technical improvements they will be releasing soon.

I actually had it on my phone. I have invited my wife and daughter to the network.

Things I do not like about the app in general:

1. You need to invite ALOT to increase your mining power. I was mining around 0.34 Pi per hour. I tried inviting my friends to increase that number but they have serious doubt about information phishing. What I do not understand is why do you need to have invites if the goal of this coin is for everyone? What if I just stumbled upon this app on Google Play or the App Store and wanted to use it but I do not know anyone who can send me an invite, pretty useless isn't it? So that means this is not for everyone but rather for the selected few.

2. You need to activate the miner (app) every 24 hours. Pretty unproductive and inconvenient I would say, though you get a reminder to turn the miner on.

3. If this app just runs in the background and does not drain your battery (which is actually true to its design), the mining part does not make sense at all. I do not have a technical knowledge about the design of the app and which resources it uses to mine the coin, but it feels like it is just a simple counter that needs to be turned on every 24 hours. No hashrates at all.

I decided to uninstall the app because I don't actually see any benefit, nor use for it. There are many altcoins that have tried to do this before by they seem to fade in the pages of history. Unless there is a real world application for this app (monetary wise) I would rather stay away from it.

pi network, the altcoin network for 16/25 year olds, who all believe what the creators tell them 🤷

this project and the biggest smart scam imagined to deceive the most gullible 😩


1 application which creates virtual pi (just an imaginary counter connect to nothing, not even a net test ..) which will then be transferred to the main pi network once it is finished. we are also told to create a circle to secure the network, but what is this circle for if the pi are imaginary for the moment 🤷

we are made to believe that we are doing a premine with the application 😂 when in fact the pi are imaginary .. and will be manually credited by the creators of the project ..

the opinions on the playstore are all beautiful, it is normal the negative opinions saying the reality on the project are not taken into account on the playstore.

the only discussion on their forums is "if you don't believe in the project, what are you doing here", or even "don't sell your coins, it's like bitcoin in its infancy, it costs nothing, look now" or even "we value the pi by making exchanges between pioneer members"

short, anecdotes I could write all day about this project

short I sell my cheap pi to help them value the pi, since it is the pioneers who set the price between them, I offer 1 pi for 1 € I offer the sim card with if you take everything😂😂

In short, shit project for teenagers 😂😂🤷 (because any adult would turn to more serious project ..)

I think pi has a great chance of success. They performed well so far, reached key milestones, and exceeded their expectations. At the initial stage, they only need 1 million active users, but have more than 3 million active users, and had to add more servers. They have also steadily achieved their goals in accordance with the plan in the white paper, and never hurry. They are smart people and very professional in their field. More importantly, they have a very correct direction. They tried to give the value to π (PI) by the barter trade. In fact, this is the true character of money. It is a also a new original invention and is not available in any other digital currency.

lol, no premine, 1,000,000,000 imaginary ft will already be in circulation when the project is finished. the majority of the members are all just 18 years old. that's why it makes you want to invest fully in this project 😂😂
cni + mail + phone + facebook, hum the designer will get fresh with this 😂 (even at 10 €  mail + phone ect for resale, hummm ca will make a great retirement for them with minimum 3000000 of members)
we all understood on bitcointalk, that pi will be the future bitcoin (moreover bitcointalk is thinking of changing its name for pinetworktalk 😂😂😂😂😂😂😂😂)

Pi Apps Platform Prototype
Our previous video series explained that the project has two goals in Pi Phase Two: 1) Building value and 2) Decentralizing the network. Building Pi’s application platform is a major strategy to achieve the first goal: building value. We aim to deliver the beta version of the apps platform by the end of the Q2 2020. Now, we are giving an update on how we plan to achieve that during the Q2.

We are adopting an iterative user-centric design methodology, which involves prototyping, testing, feedback collecting and improving of the platform. During Q2 2020, the Core Team will prototype and test the Pi Apps platform and initial Pi applications (Pi Apps). This means that the interfaces, functionalities and accessibility of the platform and initial apps will change over the course of this prototyping and testing period before being finalized. We will have time-limited releases of such prototypes for the community to test use and give feedback, and the prototypes and the initial apps may be taken down after testing for revision and get released again.

To support third-party apps, the Core Team will need to build the infrastructure that allows third-party integration into the Pi Network mobile application as well as Pi transfers integration into their apps. To transfer Pi to the third-party applications, Pioneers will need to pass KYC, but every Pioneer can use the functionalities of these apps that don’t involve sending Pi; for example, utility functionalities or receiving Pi from those apps do not require KYC. To build a pipeline of Pioneers ready to test the platform and initial Pi Apps, we will also be expanding KYC in the next few weeks.

As part of the prototyping and testing, we will release the first prototype of the apps platform to our community very soon, which includes Pi’s first third-party application. Recently, we were approached by a Stanford professor with an application that helps the world better predict where new cases of the novel coronavirus (COVID 19) are developing and help discover which symptoms are most indicative of the COVID 19 while preserving individual privacy. As a global pandemic, COVID 19 has affected all corners of the world, and its pandemic nature calls for a global coordinated response, which Pi proudly will be able to assist. Pi transcends borders and Pioneers come from all countries in the world. Given the distribution of our global community, Pi Network is uniquely positioned to contribute to the fight against COVID 19. Given the importance of tackling this disease and the alignment with Pi’s value of bringing people together from all over the world, we’ve decided to choose this as the first third-party app in the initial prototype release of Pi’s Apps Platform.

This first app will allow members of the Pi community and others to contribute information about what, if any, symptoms they are experiencing, while preserving the privacy of the individual. Pi will not share any data about Pioneers with this COVID 19 app, except for their Pi username which is necessary for processing any in-app transfers of Pi and will be only shared with explicit consent by the Pioneer; Any data you submit inside the COVID 19 app will not be shared with Pi. Indeed, this first app is using a novel privacy-preserving technology to make sure even the app itself will not know the concrete symptoms you submit, and it does not collect any personal identifiable data. The specific technology will be introduced and explained by the creators of the app in a video on our home screen very soon when we release the initial prototype of Pi Apps platform. Stay tuned!

I don't understand anything .. but that doesn't answer my question where do the pi preminer come from? do you know it ??

The project is scam and you must avoid it.
Already exposed them on one of my threads and you can easily google it.
They provide offline mining.. How it's even possible to keep even if you are offline? Even a newbie knows this to start mining you have to get connected to the internet.

I dont think its a scam, they are not raising any ICO money, besides the community is growing mostly via communities,who are letting others know about the project. with over 3 million people already downloaded the app and over 100000 applied for running nodes when its ready.
you can read more here: https://www.cryptotapas.com/pi-network-is-gaining-traction-is-it-worth-mining/
also:  https://www.cryptotapas.com/should-i-mine-pi-network-coin/

Pi is basically the crypto Stellar Lumens(xlm) with an MLM recruitment system.  The MLM system exists to add security to the network. It’s a neat idea but  I think the developers underestimated the taint from utilizing MLM type recruiting because what it looks like is an MLM that gives you something you can't sell for a purpose most people can't understand but people know how misleading MLMs are.  

Instead of running a test net with fixed amount of users, they've invited everyone to a test net. But actually inviting everyone to the test net is necessary for the formation of the main net. It's a CRAZY setup.  I'm not surprised so many people think it's a scam.

PI is releasing the Node followup steps for ALL node applicants to install the necessary technical packages in the Pi Node software. Visit Pi Node on your computer to follow the steps there. Read more above.
Node technical preparation steps are now available.
For the past month, the Core Team has been working on finalizing the necessary packages and technical steps, and integrating these steps into an informative interface of the node software. We hope these steps can smooth the installation process for Pioneers and accurately inform them of the installation status on their devices. Now, all node applicants should visit the Node software and finish installing the necessary technical packages there, as part of the selection process for Nodes and SuperNodes.

Why are the technical preparation steps necessary for the selection of Nodes and SuperNodes?

This allows the Core team in the coming months to test run the consensus algorithm on the devices of Pioneers who successfully installed and completed the technical preparation steps, and calibrate the requirements of the device hardware and software necessary for achieving a reliable and secure network. Keep in mind that one purpose of releasing these steps is to test. Given the diverse hardware, software and network specifications of different Pioneers, there is a chance that you may encounter issues in trying to complete these steps. If so, please report the issue in the chat channel Node Applicants accessible to all Node applicants who previously applied, to seek help from other Pioneers or the Core Team.

What’s next in the Node selection process?

We expect to announce more detailed node hardware and software preliminary criteria after testing and calibrating and begin informing applicants of their selection status on a rolling basis by June 1st, 2020. The selected applicants will be invited to complete KYC in order to become a Node or SuperNode candidate in the Pi’s Testnet. However, the opening of KYC slots may precede the announcement of the selections for Node because KYC slots selection is an independent process that also enables participation in other parts of the Pi ecosystem (e.g. Apps platform and functionalities in initial apps), the details of which will be included in future posts.

invitation code: cakzxd

You are definitely right.

PI is releasing the Node followup steps for ALL node applicants to install the necessary technical packages in the Pi Node software. Visit Pi Node on your computer to follow the steps there. Read more above.
Node technical preparation steps are now available.
For the past month, the Core Team has been working on finalizing the necessary packages and technical steps, and integrating these steps into an informative interface of the node software. We hope these steps can smooth the installation process for Pioneers and accurately inform them of the installation status on their devices. Now, all node applicants should visit the Node software and finish installing the necessary technical packages there, as part of the selection process for Nodes and SuperNodes.

Why are the technical preparation steps necessary for the selection of Nodes and SuperNodes?

This allows the Core team in the coming months to test run the consensus algorithm on the devices of Pioneers who successfully installed and completed the technical preparation steps, and calibrate the requirements of the device hardware and software necessary for achieving a reliable and secure network. Keep in mind that one purpose of releasing these steps is to test. Given the diverse hardware, software and network specifications of different Pioneers, there is a chance that you may encounter issues in trying to complete these steps. If so, please report the issue in the chat channel Node Applicants accessible to all Node applicants who previously applied, to seek help from other Pioneers or the Core Team.

What’s next in the Node selection process?

We expect to announce more detailed node hardware and software preliminary criteria after testing and calibrating and begin informing applicants of their selection status on a rolling basis by June 1st, 2020. The selected applicants will be invited to complete KYC in order to become a Node or SuperNode candidate in the Pi’s Testnet. However, the opening of KYC slots may precede the announcement of the selections for Node because KYC slots selection is an independent process that also enables participation in other parts of the Pi ecosystem (e.g. Apps platform and functionalities in initial apps), the details of which will be included in future posts.

Pi has no real mining feature, it's more like cloud mining like that of electroneum mobile miner, and another thing is I'm pretty mad with the team, they spam on here for Pi network, creating new accounts over and over to promote PI Network

PI is introducing a limited release of Pi’s Platform prototype and the first 3rd-party app on May 6th. As announced last week, they are adopting an iterative user-centric design process to develop the Pi Apps platform, in which the Core Team will have limited releases of the platform prototypes and initial apps during Q2 2020. The interfaces, functionalities, and accessibility of the platform and initial apps will change over the course of the prototyping and testing period before being finalized.

Every Pioneer can participate in the platform prototype testing and use the initial apps, and only the transfer of Pi to the 3rd-party apps requires passing KYC, which will be rolled out to more Pioneers in the next few weeks. The first app FeverIQ is introduced below and in the video on the home screen. Pi will not share any data about Pioneers with the FeverIQ app, except for their Pi username which is necessary for processing any in-app transfers of Pi and will be only shared with explicit consent by the Pioneer; any data you submit inside the FeverIQ app will not be shared with the Pi Network either. All Pioneers can participate in FeverIQ by contributing information about what, if any, symptoms they are experiencing without compromising their privacy due to FeverIQ’s privacy-preserving technology. Pioneers can also donate Pi to support FeverIQ if they agree with its cause and have passed KYC. Given the alignment between Pi Network’s value of a distributed global community and the mission of FeverIQ to fight against the pandemic, the Core Team has decided to donate 10,000 Pi from our Developer Fund to the FeverIQ app to reward Pioneers for their contributions of symptoms reports. Below is the detailed introduction of FeverIQ.

Introduction of FeverIQ

The FeverIQ app is created by a startup company in Palo Alto, California, called Enya. Alan Chiu, co-founder and CEO of Enya, and Jan Liphardt, an engineering professor at Stanford University and co-founder of Enya, are presenting FeverIQ in today’s video. Below is the transcript of their video:

Hi! My name is Alan, co-founder and CEO of Enya, a privacy-preserving analytics startup based in Palo Alto, California, and today we are excited to launch FeverIQ on Pi.

Hi! My name is Jan, I’m an engineering professor and co-founder of Enya. I know Nicolas because Nicolas and I teach one of Stanford’s blockchain classes, and the two of us realize there’s an opportunity to build something very interesting.

We created FeverIQ with input from Stanford researchers to bring you the first privacy-preserving survey and map of Covid-19 symptoms at the neighborhood level. By simply checking in every day with how you are feeling, and your test result if you get tested, you help predict where new cases are developing and which symptoms are most indicative of the disease. This is especially important to track the disease in places where testing infrastructure is limited, and to help people with COVID find the right resources for them.

At Enya, we think that the internet needs fundamentally new approaches for reconciling analytics with privacy. We built FeverIQ on our privacy-preserving platform. We use cryptographic techniques like secure multiparty computation and fully homomorphic encryption to allow data sharing and analytics without compromising your privacy. You don’t have to worry about someone else learning about your identity, location, or symptoms.

FeverIQ allows you to securely share your symptoms. You can see a map that updates in real time and shows you the symptoms that other people around you have shared. If you report your test result you will help scientists better understand which symptoms are most predictive of Covid-19. The discoveries from your contribution will also help policy makers manage the pace of reopening the economy.

Because of Enya’s privacy-preserving technology, nobody knows your location or personal information – not even us. We downsample the location to 1km resolution, and never collect any identifiable information about you.

We are excited to work with you to help stop the spread of Covid-19 and to help your neighborhood re-open safely. Together, we’ll tackle one of the most pressing health challenges of the century, while demonstrating the value of Pi’s distributed, global community.

With FeverIQ, you can see what other people around you are saying, you can help scientists better understand the disease, and you can help policy makers make better decisions about how to restart the economy. I’ve been entering my symptoms once a day, and it would be amazing if you could come join us and do that too. Thank you!

Update on Pi Node
Almost 150,000 Pioneers installed the node, and more than 50,000 of nodes are active on a daily basis. From those nodes, we identified that about 10,000 of them show an early indication that they will be nodes constantly on. From those 10,000, we identified about 3,000 nodes that also have correctly opened their network ports. While nodes with only Docker installation can validate transactions on the Testnet, Supernodes at the moment require specific ports open for network connection and will participate in the consensus algorithm of the blockchain. We hope we do not have to require open ports in future versions of the software through the employment of automated NAT-traversal techniques to run a supernode, but this is still needed at the moment. In addition, we’re aware that the ports of some nodes are inaccessible due to some of the internet providers in some locations, even though the ports were set up correctly. We’re trying to resolve this issue so that more nodes with correct open ports are reachable.

One necessary but not sufficient metric that we consider in the Supernode selection is the consistency of availability and stability of their internet connection to the network. Therefore, we will first focus on selecting candidates for Supernodes, i.e. ones with the right ports open and staying active consistently, although both nodes and supernodes are very important in securing the network. These Supernode candidates will be invited to pass KYC within this week and in the following weeks on a rolling basis. KYC for nodes will come later. The next step in the node selection process is to test run the consensus algorithm on these Supernode candidates. Technically, this means we’ll swap the Docker container that currently can be activated on the node interface for the purpose of network statistics with a Docker container that runs the consensus algorithm. After the test run of the blockchain, we will provide more reports about the performance of these participating Supernode candidates and then will make the final selection. Right now, the candidacy of Supernodes does not guarantee the final selection as Supernodes on the Testnet, but it means the candidate provides the necessary stability and accessibility that Supernodes require and will help us test run the blockchain in the selection period.

If you intend to be selected as a supernode candidate, we encourage you to update the Pi Node to the most recent version, which enables us to capture all the eligible candidates for Supernodes. Specifically, check your version at the bottom of the side menu in the node software. If you have 0.1.0, please update your node version by either clicking the update popup prompt in the interface or downloading the new version on node.minepi.com from you computer. The latest version is 0.2.0.

What is the Core Team working on?
We want to give an update on what the Core Team is working on recently. As laid out in the Pi Phase 2 Strategy announced around Pi Day (March 14, 2020), the Core Team focuses on 2 major aspects: value creation through building the Pi Apps platform and decentralization through progress in the Node and Testnet.

1.Platform API
2.Node
3.Scaling Backend
For the Platform, the Core Team finished multiple iterations on the Pi apps platform along with its first third-party app, FeverIQ. As some of you might have experienced some kinks in the initial prototypes of the platform, we were able to fix them. For example, in the initial prototypes of the platform, the Pi rewards from FeverIQ were not always reliably remitted to some Pioneers, which was due to a scalability bottleneck, as one account (FeverIQ) needs to transfer Pi to accounts of Pioneers on the scale of millions daily. In the current prototype live in the app, almost no such reward issue has been reported. The Core Team is also working on fine tuning the initial Pi Platform API and creating a testing environment, and we aim to make them available for developers in our community very soon, so that community members can apply to be developers and start building Pi Apps in Q3 of 2020.

For the Node, the Core Team is working on enabling the Node interface to turn on the Docker container that runs the blockchain. Technically, it means we’ll swap the current Docker container that can be activated on the node interface for network statistics gathering with a Docker container that runs the consensus algorithm. This will enable us to test run the Testnet with centralized configurations initially and enter the Revision Stage of the Testnet Roadmap. In the meantime, we’re going through a selection process for Supernode and Node candidates. The selection process involves not only the Node statistics analyses but also the exclusion of fake accounts.

We’ve also rolled out a few thousand more KYC slots for Supernode and Node candidates and will continue to roll out more KYC slots (in the order of tens of thousands). So if you’re not selected yet, don’t be discouraged. We’ve not finished selecting yet, and our goal is to enable as many Pioneers as possible who want to serve as a Node or Supernode in Pi Network to do so.

In addition to the above two prongs, the Core Team has also spent significant time during the last few weeks on scaling our backend. Scaling our service and optimizing our architecture are an ongoing effort as our network grows and more functionalities are introduced, e.g. the platform. Some of you might have experienced slow service or Lite mode for the past few weeks. Those are the periods when we experienced overload in the backend or when we’re deploying improvements to previous architecture or migrations to a different database structure. In order to minimize service disruptions of the Pi App and improve Pioneer experience during such disruptions, we built and introduced the Lite mode that allows Pioneers to perform the most crucial and basic actions, i.e. login and mine, instead of having complete service outages.

We’re pleased to introduce more exciting updates very soon as we approach the end of Q2. Stay tuned.

invitation code: cakzxd
www.pinetworkapp.org (http://www.pinetworkapp.org)

Pi Apps Platform for Developers Beta

PI network is launching the Pi Apps Platform for developers all over the world to start building their applications using Pi SDK and testing in the Pi Developer Sandbox. Visit the Platform webpage above to access these developer resources.

Actions:

Submit Developer Application Form
Visit Pi Apps Platform for Developers
Visit Pi SDK and Documentation
Test your own app in Pi Developer Sandbox on desktop only
Read more:
We’re happy to launch the Pi Apps Platform for developers all over the world as a beta, including 1) the first version of Pi SDK and its documentation and 2) a Pi Apps Platform Sandbox for developers to test and visualize their apps. This release, as promised in our Pi Phase 2 strategy to be launched by the end of Q2 2020, will enable developers to start building applications that integrate the Pi currency and to get technically ready to be deployable on the Pi Apps Platform accessible by millions of Pioneers around the globe. It will decentralize the development of Pi’s ecosystem and leverage the power of our global community to achieve the breadth and scale of traditional economies, where real value and utilities are created.

One of the core principles at Pi is to create simple user experience through progressive decentralization, which also applies to how we facilitate developers to build Pi Apps. This is the main reason for adopting industry standard technologies, such as JavaScript, HTML, CSS, and iframes, for developers to integrate with Pi, so that they can focus more on building awesome applications rather than getting complex technologies to work. Pi 3rd-party apps will initially be hitting Pi’s backend so that they can iterate on their app designs and establish their use cases and audiences (user bases). Once they are ready and the blockchain becomes live, their backend will be able to adapt to hit the Pi Testnet or Mainnet directly, eventually achieving decentralization. This ensures the development of utility and decentralization in parallel rather than in sequence, just like Pi Network itself.

Technically, the Pi SDK allows developers to develop their applications in whichever programming language they prefer in their backend and integrate with the Pi Platform interface through Javascript in the frontend. Today’s SDK version will include two major functionalities for developers: 1) authenticate a Pioneer and 2) request a payment from Pioneers.

For authenticating a Pioneer, at the moment, a Pioneer will be able to use a third-party app on the Pi Platform only when they consent to share their Pi username with a specific Pi 3rd-party app. The reason is because the Pi Platform requires the authentication of the Pioneer’s Pi identity in order to process any Pi transfer between the 3rd-party app and the Pioneer. In the future, we will add a method for previewing apps without authenticating first. Requesting payments from Pioneers is the main feature of this version of the Pi SDK. It may appear to be a simple interface, but it’s significant because it means developers can get paid in Pi by serving various applications to Pioneers, and KYC’ed Pioneers can spend their Pi in different applications. This is the backbone of the Pi Apps Platform where Pi becomes a medium of exchange for value, such as goods and services. Based on the thorough analysis of the in-app transfer pilot we published last quarter, we first focus on facilitating applications that increase Pioneers’ Pi spends, because they create demands for Pi in our ecosystem. Later SDK versions will include endpoints that allow more diverse ways of Pi transfers on the platform, e.g. from an app to a Pioneer, and endpoints that improve the user experience, such as to send push notifications, create chat channels, or allow users to invite their friends to join a Pi app.

The visualization of such 3rd-party apps are made available through a Demo app inside the Pi Developer Sandbox. In addition to our demo app, developers can test and visualize their own apps by connecting with the Sandbox. They can test apps both running on their local computers or being hosted on external web servers. Beware that all data about the text users in the Sandbox are pseudo and have no connection with real Pioneers’ data in the production environment of Pi Network. Registering a test app in the Sandbox does NOT constitute an application for running your app on production.

We welcome developers all over the world to build their applications on Pi, whether they are already Pioneers, developers of decentralized applications on other blockchain platforms, or developers who haven’t had experience in the decentralized world yet. Developers can submit their applications through the form here. We’ll make a further announcement on the selection criteria and process for third-party apps in the future. By deploying on the Pi Apps Platform, developers will not only help build the ecosystem of Pi Network in the process of value creation, but also be able to tap into the large and diverse Pi community globally and have a simple integration into the decentralized economy that will be an inevitable part of our future world.

PI Network announced 6 Million active Users on June 28th and PI day activities
Activities:

Add Pi frame to FB profile picture
Add Pi frame to FB videos/photos
No facebook? share this elsewhere
Read more:
Happy Pi2 Day (6/28) to every Pioneer in the world! On this occasion, we’re happy to announce that Pi Network has over 6 Million engaged Pioneers globally, more than half way towards the 10 Million mark.

As some of our early Pioneers may remember, we celebrate June 28 as Pi2 Day (3.14 multiplied by 2 is 6.28). Part of the reason why we celebrate Pi2 Day is that it coincides with the end of the 2nd quarter of the year, and part is for us to share a community activity together. For example, last year, the community came together to create and vote on Pi slogans.

This year, we’re celebrating #Pi2gether on social media with a Pi frame. For Pioneers who use Facebook, you can add the Pi frame to your profile pictures here or to your videos/photos through this Facebook Camera frame here, and share the Pi-framed post with #Pi2gether on Facebook. For Pioneers who don’t use Facebook, you can adapt and share this imageon other social media for Pi2 Day 2020.

We will provide more updates on the project in the following days as part of the celebration of the Pi2 Day and the end of Q2 2020, including Pi Platform and the process for organizing a global online convention along with the community. Let’s Pi2gether!

Apply to Speak at Pi Convention

Two Speaker tracks

We are looking for speakers from different regions of the Pi community in two tracks: community track and developer track.

Community Track is for speakers to present innovative ideas about how their regional community can be organized so that voices, ideas and talents of the Pioneers in their regions can be surfaced.
Developer Track speakers are to present apps they are building or want to build on Pi, and how their app will integrate Pi to build the larger Pi ecosystem.
Speaker sessions

Depending on the language and content in the presentation, all speaker submissions of this application will be considered for two types of sessions:

Global Session: English Speakers with presentation content applicable to the global community will have the opportunity to be considered for addressing the global audience of Pi Network.
Regional Session: Speakers in native languages with presentation content more relevant to the regional community will be considered for the Regional Sessions in the Pi Convention. This is a great way to help highlight community builders & development in each region.
Speaker Guidelines

Speakers must not be self-promotional, but should be educational. Your presentation or talk should focus on an idea, solution, method, approach, analysis or design, rather than a specific brand, name or service. You can demo your product interface and service designs as supporting materials to explain the above. However, the representation or talk must show how such ideas, solutions and designs etc. contribute to the Pi Network ecosystem.
Speakers’ presentations are not the channel to submit requests or questions. If you pose a question about Pi Network in your talk, we expect you to present a potential solution to that question during the same talk. Questions and requests can be sent and heard through a different format of participation in the convention, but not through speakers’ presentations.
Mention of sponsors or third-party promotions are NOT allowed in talks.
Each presentation and talk should be submitted only once. Spamming submissions will not lead to a higher chance of selection.
Speaking Format

Talk length can be between 15 and 45 minutes.
Speakers must prepare slides and presentation visuals.
Given that it is an online convention, Speakers will present in a video format.
Application Process

There are three stages in the application process to be considered as a speaker for the Pi Convention.

First application for Speakers. The Pi Core Team will read applications & invite potential candidates for the next round application.
Second round application. Candidates will be asked more in-depth questions about their presentation & to provide a short demo video submission of it.
Final selected speakers will be contacted and notified.
If you are interested in speaking at the Pi Convention, please apply https://docs.google.com/forms/d/e/1FAIpQLSd2a6tVLcLERJiwzJ8jqVWJtR4eCcnQSKm7eFUCbK9D2E3gAA/viewform (https://docs.google.com/forms/d/e/1FAIpQLSd2a6tVLcLERJiwzJ8jqVWJtR4eCcnQSKm7eFUCbK9D2E3gAA/viewform)

https://www.pinetworkapp.org (https://www.pinetworkapp.org)

Perhaps for newbies, Pi is a great way to get to know the world of cryptocurrency and earn something, but as for me, this is not the kind of currency that real traders should work with.

I published a text on PI fairly recently: https://bitcoinminingsoftware2019.com/pi-cryptocurrency-mining-from-your-phone-dont-be-left-behind-again/

In my view it's clear- since you don't pay with anything, there's no hurt in testing it. Only thing you need to do is click the "mine" button once a day.

Will that work and does it actually make any sense? Hard to tell at this point, but as long as it costs you zero, I don't see why not try it.

Nicolas announced that PI crossed 7 Million Pioneer on August 7th.
Mine at a higher rate while you can.
Mining PI gets harder as the network grow in order to reward earlier contributors and make PI more scarce.
Do not miss out ! We are still very early.

https://www.pinetworkapp.org

As PI network grows, there has been a recent increase of scams claiming to involve Pi. Remember that Pi is mined for free but currently not for sale. We are not affiliated with anyone or any organization claiming to sell Pi, Pi futures or any derivatives of Pi. All such sales are unauthorized and may lead to your loss of money or personal data. Read more about different types of scams.

Beware of scams
Pi is mined for free but currently not for sale. We’re not affiliated with anyone or any organization claiming to sell Pi, Pi futures or any derivatives of Pi. All such sales are unauthorized and may lead to your loss of money or personal data. Pi is currently not on any trading or futures exchanges or traded for other currencies/cryptocurrencies. For any information about Pi, please always use Pi’s official channels: minepi.com, this app, and our official Facebook, Twitter, Youtube and Instagram pages that are linked from our app. Based on Pioneers’ reports, below are a few tips on how to avoid a few types of scams.

How do you avoid these scams?

Avoid all current unauthorized sales of Pi, Pi futures or derivatives, because either these scams may not have the Pi they claim they do to give you back the promised Pi after you pay them money, or these futures and derivatives will be built on empty assets where nothing is backing their value, thus probably ending up in “pump and dump” situations. Remember it takes time to create and build real value, and the promise of quick money is usually a scam. Because of our policy that all Pi earned through fake accounts or scripting will be burned and the current terms of in-app transfers, many of these scammers who think they own certain amounts of Pi will lose their Pi before the Mainnet due to the behavior prohibited by our policies and terms.

So there is no other way to increase your mining rate or to get more Pi right now but to mine in-app. Beware of scammers who make false claims that you can get more than what can be earned inside the Pi App. You can mine Pi for free by pushing the mining button in the app everyday, and you get rewarded for securing the network by having up to 5 members in your Security Circle, and growing the network by building up your earning team through invites.

Please do NOT give out your personal information (e.g. phone number, email address, passwords, Pi username and balances) to any organizations, websites, social media, or messaging apps for any airdrops or potential trading opportunities. Pi is not conducting any airdrops. As mentioned above, any futures or derivatives of Pi may not be backed by anything, hence you are running the risk of privacy and identity theft in this case.

Any unofficial communities pretending to run paid “Pi KYC” are scams, and you may lose money and potentially have your identity stolen. All Pi KYC processes will only be initiated from this App. You’ll be notified if you’re selected for KYC which is currently free.

Do not share personal information (e.g. phone number, email address, passwords) inside the Pi App chat rooms or any communication channels where strangers can view. Specifically, you should not be exchanging phone numbers or adding strangers to your Security Circle. You should only add people that you trust to your Security Circle. Remember that you are receiving the security circle reward for making the network more secure. If you are adding untrustworthy people to your Security Circle, this action of yours not only did not contribute to the security of the network, but also may have a negative effect on your ability to make transfers and Pi account recovery in the future.

The best place to get information about Pi is from inside the app and on our official website http://www.minepi.com. If you have questions, first check out our FAQs and White Paper, and you can also go to our chat rooms where Moderators with an M symbol may be able to answer your questions. Beware of sites that imitate our website or social media pages. The Pi App has links in the side menu to our official social media sites. Take caution with unofficial Pi-related social pages or groups who offer information or services. There are some resources that may be reliable, but there are others who spread false rumors. So, always refer back to the Pi app or website for official news and information.

Always report suspicious activity

If you come across a scam or questionable activity, please send an email to support@minepi.com with supporting evidence of the scam. If there are Pioneers trying to buy, sell, or trade Pi in the Pi App chat rooms, this is a violation of our terms of service. If you see this activity, please take a screenshot of the violator’s message and email it to support@minepi.com.

https://www.pinetworkapp.org/

Actually Im currently running the Pi application on my phone and I have 5k coin that I minted a months ago, but honestly I have a very deep question now rolling in my mind, how come or who will buy this coin when the days come it enter in to the market while according to their statistic inside the apps that they are now reaching 7 Million miners, Assuming what if this coin landed on exchange the 7 Million miners that are holding Pi coin will begin to rush to sell the coin and of course one of them is me, MY BIG QUESTION IS WHO WILL BUY THE COIN?

I dont think it's a pyramid scheme, but It looks to me just like a useless app created to give an ad, once a day for every user. So they can earn a lot of money if they have more than 5 mil downloads!!! Thats 5 mil ads every day! They dont have to make it legit at all, they are rich!

It is definitely too early to think that anyone will want to buy a coin, the current daily supply of which exceeds 100 million and the monthly one is several billion. Total supply is probably at the level of several hundred billion.
So there are two outputs:
1) nothing will be left of the pi coins (definitely more likely)
2) they will create a platform that they promise to combine the functionality of facebook-twitter-amazon-ebay-whatever else... and thanks to the database of millions of customers they already have  something will come out of it, although in my opinion it is not a project that several doctoral students can handle, even if they have finished Stanford university (almost impossible)
and if it succeeds in a few years and not sooner your 5k (and my 500) Pi will be worth something....
Something unfortunately doesn't mean much .... remember today facebook is worth 580 billion dollars so for your 5k Pi to be worth $ 5k they have to repeat the success of facebook if they can only repeat the success of twitter worth today ~ 30 billion your 5k Pi will be worth ~ $ 250 ..... in any other case there is no need to think how much Pi will be worth

If that so, maybe there is a good future for Pi coin, I have in my mind the typical type of person that if he gets someone's coin either that it is from mining or bounty the tendency is they will going to sell it, That is my point here, what if there are 7 million people holding Pi and all of them want to sell it? What will happen? Now if they've plan to partner Pi to Amazon, ebay and other ecom, well that is good news, because we don't need to sell our Pi for cash or other cryptos to buy necessities. We hope that it will going through.

Pi Lite mode is turned on either when the service is under technical maintenance or upgrade or when there is very high traffic. Lite mode allows only essential features of Pi, e.g. mine, logins and signups. Your balance will not be lively updated in Lite mode but will be corrected once normal mode is back. Please be assured that your Pi is safe.

www.pinetworkapp.org

See: Re: PI Network! A huge trap[Warning!]
- https://bitcointalk.org/index.php?topic=5237735.msg55018716#msg55018716

 ::)

Thank you!

User data and position data + a video ad shown to every user who is logging in.

I see those ref links all over the internet these days. Their answer to my questions and facts is always:
"How can they scam us if they don't ask for money at all?"

And now. They even have a untracked listing at CMC
https://coinmarketcap.com/currencies/pi-network/ (https://coinmarketcap.com/currencies/pi-network/)

It's a good laugh tho :)

Convention Agenda Topic & Round 2 Applications

Based on the over 17,000 submissions to our round 1 convention speaker application, we drafted the initial Convention Sections and Topics. Preview them below. This is also a request for speakers on specific topics for the convention, i.e. Round 2 Speaker Application.

Qualified speaker applicants from Round 1 will be invited to fill in the form in a followup email this or early next week that requires video submissions. Video submissions will be a short demo showcasing the speakers’ style of presentation and main talking points. Video submissions will receive greater consideration to present at the convention.

Here are the initial proposed agenda sections and topics. Certain topics may be added, revised or removed in the final convention agenda. As a reminder from the previous convention announcement, Pi’s first convention will be an online one-day event.

Convention Agenda Sections:Each section in the agenda will eventually contain multiple topics that include the ones we're seeking speakers from within our community listed in Convention Topics below and other topics that the Core team or extermal speakers will present.

1.Decentralization and Node

2.Utility, Platform and Applications

3.Mining and Mobile application

4.Ecosystem Development

5.Community and Governance

Convention Topics on which we look for Speakers: For the upcoming Pi Convention, we are looking for qualified speakers to host a talk on these proposed topics. The deadline to submit the Round 2 speaker application is August 31st, 2020.

1.Consensus Algorithms – The speaker can highlight different consensus algorithms such as Proof of Work, Proof of Stake, Byzantine Fault tolerance, Federated Byzantine Fault Tolerance, Proof of Authority and more. Talks about how to improve or build on federated Byzantine agreement will be especially welcome. Discuss the pros & cons of the various Consensus algorithms.

2.Usability and Extendibility for Pi Nodes – Shape the future of Nodes. Help present new ideas and concepts to improve and extend the usability & experience of Pi Node software.

3.Third-Party Applications – We are looking for developers to come share their app and demonstrate how it can be utilized by Pioneers. (Candidates from Round 1 need to submit a video demo). How do we build our developer community?

4.Discussion: Pros and Cons of Stopping Mobile Mining at 10M, 100M or 1B Network Size – Should we continue or stop mobile mining when the network reaches 10M, 100M, 1B? We will feature representative speakers from the community on both sides of this question.

5.The Future of Pi Mobile App – What can the Pi mobile application evolve into beyond mining? What internal applications/features do you hope the Core Team will build that can contribute to the utility of Pi?

6.Proof of Humanness – Propose solutions to prove Pioneers are real human beings, including solutions of KYC.

7.Community and Governance – What should be the duties of the community committee? What are the selection criteria and selection process for the committee members? Give proposals of how to organize regional local communities.

8.Industry – How should Pi collaborate with other blockchain projects and traditional businesses? How can Pi better integrate into the existing world of fiat currencies?

9.Other Talks – Do you have other talks about the Future of Pi? Decentralization? Blockchain? Applications of Pi? etc.? We still have open topics to submit your proposal for talks.

Apply HERE to speak at the first Pi Convention! The deadline to submit the Round 2 speaker application is August 31st, 2020.

www.pinetworkapp.org

PI app was added a new option to report fake accounts or the accounts you created accidentally yourself by using your invitation code.
You may find it by clicking the team icon on the home page and go to the the Earning Team page.
This option is not to report miners who stopped mining, they can come back in the future, realizing pi gained value.

https://www.pinetworkapp.org

PI Network is announcing 100,000 free KYC slots open to Pioneers over the next few months. On a daily basis starting today, PI system will automatically select Pioneers based on their past and future potential contributions to Pi, including Node, Platform, community and engagement etc. Read more below

100,000 Free KYC Slots
Why do we need KYC?

The vision of Pi Network is to build an inclusive and most widely-distributed digital currency and economy for all people around the world. The mining mechanism of Pi Network is social-network based and the mining rate halves as the social network size grows by 10X. So Pi has a strict policy of one account per person. This requires a high degree of accuracy to establish that members in the network are genuine human beings, in order to prevent individuals being able to hoard Pi through creating fake accounts unfairly. In addition to various layers of technical solutions to detecting, preventing and excluding fake accounts to enforce the one account per person policy, KYC provides an extra defence to ensure the true humanness of the network. The KYC process of Pi Network does not just fulfill a regulatory checkbox, but is important to guarding Pi’s mining mechanism and the purpose of the project.

How is the current KYC conducted?

Current Pi KYC is conducted by a third-party KYC provider. Even though the current required documents in many countries are limited to only passports, such identity verification solutions provide the level of authenticity that we’re looking for right now, while preserving people’s privacy. Member privacy is a guiding principle at Pi Network. Pi Network does not care as much about the content of the data you submit during KYC as the authenticity of your identity (i.e., that you are a real human being and not a bot). Pi Network deeply respects member privacy and aims to minimize intrusions on member privacy while keeping the currency safe. All Pi KYC processes will only be initiated from this App, and you will be notified if you’re selected within this app. Beware of any scams that claim to give Pi KYC opportunities outside of our app.

We recognize and hear that obtaining passports is difficult for some Pioneers, and we hope to develop a decentralized, reliable, low- to no-cost KYC process customized for the Pi community in the future that does not necessarily require passports. The ultimate goal is to enable every real Pioneer in the network to pass KYC or prove their humanness eventually for the Mainnet. The discussion of the future KYC solution will also potentially be a topic in the upcoming Pi Convention, and we welcome creative ideas from Pioneers.

What does KYC right now enable Pioneers to do?

Currently, we mostly use KYC to enable Pioneers to run nodes in the Pi Testnet, be a developer of Pi Apps on our platform, spend Pi in Pi Apps and perform in-app transfers, which are pillars of building Pi’s economic ecosystem. Eventually, every Pi member will need to pass KYC in order to migrate their Pi to the Pi Mainnet.

KYC does not exempt Pioneers from complying with Pi policies and from prohibited behavior, including selling Pi to exchange with other currencies, selling Pi accounts to others, using any automated scripts in their accounts, and creating fake accounts. Even if a Pioneer passed KYC, the prohibited behavior may cause the KYC’ed account to be frozen, revoked, burnt or banned before the Mainnet. Thus, please do not participate in any prohibited activities. Being a real human following Pi’s policies is the best strategy to secure your Pi.

What are the selection criteria and process for the 100,000 free KYC slots?

The selection criteria as previously announced will be meritocratic, based on Pioneer’s previous contributions to Pi including the length of time being a Pioneer, the amount of time and reliability of Nodes, engagement, growing the community, fostering constructive conversations, and future potential contributions including Pi Node and Testnet, Pi Apps Platform, bootstrapping Pi’s peer-to-peer economy and building the ecosystem. The consideration for future potential contribution means there will be both recent and senior Pioneers being selected, but in aggregate the distribution will have more senior Pioneers than Pioneers who recently joined.

We also take into account the probability of being or associating with fake account creation. We actually also invite to KYC some of these accounts that we suspect to be "fake" or “running automated scripts”, so that we can further study their practices and evaluate them. These accounts will obviously be excluded from transferring their Pi to the Mainnet if we confirm our suspicions.

We’re also introducing a new KYC selection process where our system automatically selects Pioneers probabilistically based on the above criteria on a daily basis. The selected Pioneers will be notified by a popup prompt inside this app. On the in-app prompt, the Pioneer will be asked to confirm if they have the right identity documents given their country of issuance. If so, they proceed to conduct the KYC in the third-party app. If not, it does not mean they will not be selected again. If someone has been prompted by the system to pass KYC this time, there is a chance they may be selected again for the 100,000 free slots later, but it’s not guaranteed. Falsely claiming to have a certain document not only will lead to a KYC failure right now, but also reduce this person’s chance of being selected in the future to pass it again.

If someone is selected and has the right documents, they have the next 24 hours to pass the KYC. After 24 hours, if the Pioneer has not used this slot, this free KYC opportunity will roll over to other Pioneers. The reason for the 24 hours period for Pioneers who already confirmed they have the right document is because we want to ensure each day we complete a targeted number of KYCs, having an even allocation of KYC slots each day and avoiding peaks of traffic for us and for our third-party providers.

All in all, the 100K free KYC is only the beginning of our enrollment of Pioneers for identification verification that enables more Pioneers to build Pi’s decentralized network and bootstrap Pi’s economy, and again, you can always wait for future opportunities and future KYC solutions as mentioned above.

Why is KYC free for the 100K Pioneers?

Because it is a relatively small group and the 100K Pioneers will be working to bootstrap our economy and build our Testnet. KYC is costly because it is currently performed by third-party apps that charge on a per KYC check basis. While the Core Team can potentially cover the cost for a small fraction of Pi’s global community, it cannot cover the KYC costs for our millions of current and future Pioneers before we find the low- to no-cost solution. As announced in December 2019, the Core Team will not profit from any of the identity verification processes or KYC solutions. For the large mass of Pioneers, the future KYC will either be at cost for Pioneers (i.e. whatever the third-party KYC provider charges) or a decentralized, low- to no-cost KYC process, customized for the Pi community. Our aspiration is to create a free KYC option. Although we cannot yet promise we will achieve this goal, we can promise that we will try our best.

www.pinetworkapp.org

New Node Version v0.3.4

PI Network is excited to introduce a new version of the Pi Node (v0.3.4), currently available for download or upgrade on node.minepi.com. Unlike previous versions where the switch button in the Node interface only turns on a statistics container that gathers data about different device performance for selection purposes, the same switch button in v0.3.4 now can turn on the container that runs the blockchain for selected candidates.


Download and accessibility


This new version allows the Core Team to gradually invite node candidates to start running the blockchain to follow the Testnet. So, we recommend all candidates to upgrade to this latest version v0.3.4. by visiting the Node software. (If you have downloaded it last week when we already published it on our website, there is no need to download it again.) However, the new functionality of turning on and viewing the blockchain will be rolled out gradually to different candidates for technical reasons. This means that after downloading the new version, the majority of candidates will probably see the same interface with the old functionality at first, i.e. turning on the statistics container. Don’t feel discouraged, because even though this version may have the same appearance at the beginning, it carries different substances under the hood. In the following week, more candidates will be able to have the new functionality available, i.e. the switch turning on the blockchain container.

We’ll initially enable the blockchain container to only Node candidates running (i) Windows 10 Home or Pro that are upgraded to the latest version from Microsoft (version 2004) with WSL 2 and using Docker Desktop, (ii) any macOS version with Docker Desktop. In future versions, we will enable this functionality for more operating systems, and we will try to make the blockchain work on Docker Toolbox. The goal is to enable all Node candidates to be able to turn on the blockchain container to follow the testnet blockchain as it evolves.

The selection of nodes that can submit transactions will be made in the future when the feature becomes available. In regard to Supernodes, we will make selections later based on statistics gathered in the Selection Stage when Pi Node candidates were running the statistics container and their continued successful participation in the current stage. We’ll also soon make some of such statistics we gathered about the device and its performance available to the device owner in the v0.3.4., e.g. uptime and stability.


Significance of v0.3.4


Pi Node v0.3.4 will only allow viewing of the Pi Testnet, but it is significant because it is the first time that Pi Node software runs the blockchain on a larger scale and it initiates the second stage of the Testnet Roadmap – Revision Stage that comprises an iterative process of two activities: scenario testing and consensus algorithm revision. Building on this version, the Core Team can quickly assign simulated data of the network graph and configurations to different Nodes, to more efficiently stress test a wide range of scenarios and states of the network. The data generated from these tests will then feed the revision process of the consensus algorithm. The Revision Stage will presumably be a rather long period during which multiple node versions will be released because it involves not only engineering time but also research breakthroughs. As the consensus algorithm gets improved through simulated data, the Core Team will be able to add more abilities to Nodes and Supernodes than just viewing the testnet, such as validating transactions and participating in the consensus algorithm, progressing towards the third stage – Live Testnet.

Behind the scenes of v0.3.4
Over the past few months, we’ve been developing this version of Node that allows Pioneers to run the blockchain through a user-friendly interface. It took quite some time to release this version to all Pioneers because in addition to its development, we also had about 8 iterations of test releases with moderators and voluntary testers before a community release. The purpose of the long test iterations was to discover and fix as many bugs as possible that may be exposed by different devices and operating systems, and save frustration from most Pioneers in a community release. Due to the nature of compatibility issues with diverse devices and operating systems, we still expect some reports of issues when running this version, but hopefully they’re much reduced, thanks to test release iterations. This version also includes more data about the status of the blockchain container in the Node Interface for Pioneers to troubleshoot. For any issues, please consult the community wiki page here or join the Node Applicant chats in the Pi app.

https://www.pinetworkapp.org/

I am surprised that no one here thinks about the number of coins that have already been "mined" ... Guys these are billions ... So for a single coin to be worth something, the project must reach at least the top twenty on CMC ... is it possible? maybe ... but certainly very unlikely ...

PI network announced 8+ Million Engaged Pioneers. Mine at higher rate before the next halving.
www.pinetworkapp.org

This is the PI Network coin :

Coin is inactive. Contact hello@coingecko.com if you think this is an error
This refers to IOU tokens. FUBT has shut down so this IOU trading is no longer happening. Main net launch of Pi Network is yet to take place. Check for announcement: https://fubthelp.zendesk.com/hc/en-us/articles/360040503052--New-Token-FU-BT-will-list-Pi-NETWORK-futures-on-March-14-2020

So dead coin that was never going anywhere is dead.  But arcticglobal keeps beating the dead worthless horse...probsbly becuase its stealing people info and at the very least tracking them on thier phones.  Why does BTCTALK let non mined coin crap like this on thr board..this is NOT mining and is NOT an alt coin.  Its a scam.

something wrong with this link - leads to blank page ....

And what is the matter with IOU tokens - were they supposed to be the equivalent of coin Pi listed on some exchange? Haven't heard about it ...
And as for the fact that the coin is not "actually" mined, only obtainable for completing tasks (logging in to the application in this case) is not bad in itself, it's like a different kind of airdrop and we've already dealt with it e.g. electroneum .....

I think someone need to investigate this Pi Network and prove that if it is scam or not, because accusation without strong evidence is only a FUD, I also currently running their wallet on my wallet, but in my case, personally, I felt that their development is too SLOW and up until now only talk, talk and talk..

I started mining Pi today.
I don't see anything bad, except the KYC process.

If you think you've got bots running on your network, simply don't allow anyone withdraw who hasn't done the KYC procedure.

This is an experiment, and I like it.
Reminds me of XRB (NANO).

Faucet distributed token, that pumped x101832719371937y1293y1281237ghe87g178gbdq8ewgdb8vuytVYUv8718.
This isn't anything more than another faucet/airdrop coin (or token?).

Time will tell.
Good luck everyone.

🥳 🍾 Happy New Year to all Pioneers around the world! 2021 will be a big next phase for our community, and we are excited to have you be part of it!

Read the white paper and you might have answers. all I can see is it copy BTC or others and always says PI is in between. but so far prove nothing.

for now so call mining and the app actually do nothing. but my worried is when time come the new updates could turn into a trojen horse. As many said, time will tell. So do you want to seat they waiting? not sure, I have that wallet almost in day one as friend asking to install it. but do nothing since then and more than a year. Still talking only....

Your number one to four points are all talking about same thing, Pi mining doesn't cause heat says it all, it's like the mining is cloud base just like how Electroneum mining used to work, this isn't the most important thing, why is PI mining asking for KYC? This is the first time I've seen such, this says alot about the project itself

The truth is I hate projects that take too long to develop and launch, if your project isn't complete do not announce it, this is the mistake many developers are making today, I have been hearing about Pi Network for a very long time, yet it took too long to launch, I don't see sign of seriousness at all, and again the mobile mining isn't real

100,000 free KYC slots are open to Pioneers. On a daily basis, PI system will automatically select Pioneers based on their past and future potential contributions to Pi, including Node, Platform, community and engagement etc.

PI network announced the new official Pi Network Support Portal & Community Wiki to help address questions or issues that Pioneers encounter in their experience with the Pi app.

Is your 50 000 000 000 free coins worth $10 per coin now?
When moon?

Pi is worth less than $0
All of it.
This project is not honest.
This is garbage...just like those who promote it.

PI network is releasing a new version of the Brainstorm app prototype, where every Pioneer will have a chance to review submitted Pi Apps proposals in a randomized queue. Your upvotes and downvotes will inform which projects the Core Team should publish in the list of Proposed Pi Apps. For now, the main focus is still Type 2 Ecosystem apps.

Check out PI network new Support Portal & Community Wiki that helps address Pioneers’ questions or issues in their experience with the Pi app. Read more and access the new Support Portal on the homescreen of Pi today.
it is pi.app/support

Attention! Checked all their sources and some people who are working for them are famous people just renamed. Do your own research. I'm not saying it is a scam, but something is strange.

Its a scam. 

Bad marketing aside,  

If you dig through all the bullshit of the website. The facts are in the not well written whitepaper.

Pi wants to be a non corporate version of Stellar.  If you wanted to run a crypto network with millions of users and thousands of nodes, stellar consensus protocol is a reasonable choice.

A non corporate version of stellar is also an interesting proposition.

This choice is probably related to the fact the Co founder, Chief Scientist of Stellar, David Mazieres (https://www.linkedin.com/in/david-mazi%C3%A8res-20a92924/) is a professor in the computing department of Stanford and Dr Nic (https://www.linkedin.com/in/kokkalis/) co founder of Pi is a computer scientist at Stanford teaching blockchain courses and doing social computing research (Publications (https://hci.stanford.edu/nicolas/))

This is his latest course BioE 60: Beyond Bitcoin Applications of Distributed Trust (http://beyondbitcoin.stanford.edu/)

This is the recording of lecture 2 (https://www.youtube.com/watch?v=_-hLlfM88rk)

The first guy in the video is Jan Liphardt (http://liphardtlab.stanford.edu/jan.html) Professor of Bioengineering who developed Fever IQ which was an internal feature of the Pi App that collected covid symptoms. That app, which originally had a github, has turned into this Enya Launches FeverIQ COVID Health Check to Immediately Help Businesses and Schools (https://www.prnewswire.com/news-releases/enya-launches-feveriq-covid-health-check-to-immediately-help-businesses-and-schools-reduce-reopening-risk-for-free-based-on-insights-from-more-than-700-000-data-points-301069286.html)

The plan of Pi,  from what I can figure out, which is consistent with the use of stellar consensus protocol, is to distribute the majority of the mainnet premine to the users in order that they can kickstart an economy using all the applications that will be present in the Pi Mobile app.  There is an SDK and sandbox (https://developers.minepi.com/) and people are making and planning apps. e.g. YouPi (https://www.youtube.com/watch?v=L9JKMyrP0SU). I'm no economist so I don't know if that kind of thing is even possible.

The mining is the means to determine the allocation of the mainnet pi and the KYC is to ensure one person one account. Stellar networks have a 100% premine.

Fake mining is not evidence of a scam since Electroneum did it first. They did it for marketing and to lead into the Any task (https://electroneum.com/anytask/) application. This was their plan all along as they paid for the "mining" with ~7bill of the etn premine (https://community.electroneum.com/t/premine-fair-or-not/995).

Pi Network started a Stellar v12 testnet in June 2020. here is a picture of showing a non consensus node running stellar. https://ibb.co/m02DdJL

The one thing about running software in a docker container is that you can simply extract the container and examine the files.

There's a lot of information on the node page (https://minepi.com/node-info) and here's one of the programmers taking about developments (https://www.youtube.com/watch?v=shLIcEwz9Q4)

The node you can download first is a a test container with a nodejs script that replies on ports. This is the Github (https://github.com/SbstnErhrdt/node-port-test) of the script.
The windows app tests the open ports in the router and sends performance data of the computer to PI HQ on regular basis. This information is sent plain text and easily captured with wireshark.

Pi core have stated the main criteria they're testing for is uptime and some people with high uptime 90%+ over 3 months received a testnet container.

The consensus container runs debian 9 and contains stellar core v12 but the config file says it's running as a non consensus node at the moment.


The only thing I can say about the ads in the app is it's unusual that the app lets you turn them off, that there's only 1 a day and they include a >> which you can use to close the ad straight away.  


edit: testnet has been reset to v15.2 and quorums are enabled and seem to be working.

Just lie to me about somethings...i still trust ya.
The mental gymnastics people will go through to ignore the truth.

PI Network have tarnished their own image even if they are real and have something good in mind, all their ways are bad from the beginning, a very long time delay, spamming on forum with new accounts, also I would like to ask why KYC for mining? I have never seen this in crypto space before, is PI Network centralized? Or decentralized.

Mining is a process to detemine allocation of mainnet premine. KYC is to ensure 1 person 1 account and to ensure people aren't cheating the allocation process.

Pi network will be decentralized when mainnet is released. Until then it is not. 

To ensure people aren't cheating in what way? It's like telling me that I am cheating Ethereum because I am using 10 graphic cards to mine Ethereum, it's hardware that I spent my money on, that's real mining mate, fully decentralized and can't be controlled by any organization, Pi mining sucks

They are collecting the personal data.

stellar what pi is based on has a 100% premine which means you need to know how many pi to produce in the genesis block of the mainnet. Since Pi want the majority of the pi in the hands of users, the fake mining is a process generating pi for each user at an hourly rate mainly based on how many people they personally invited.  The total of all that pi + some dev pi is the total amount to produce in the genesis block.  

In order to ensure there aren't people with 500 phones accumulating pi they plan to use KYC to ensure 1 account per person. any pi associated with accounts that don't pass KYC will be discarded.

Pi is scam

Mobile miners need KYC to withdraw coins. This to me means that Pi at best is airdrop of coins. Airdrop is not mobile mining.

The world first mobile minable coin on real phones is Nengcoin (NENG).  NENG is scrypt coin minable on android phones starting in summer of 2020.  The second coin that minable on mobile phone is Cheetahcoin (Nengcoin fork on SHA256).  Both coins have randomSpike on top of scrypt/SHA256 that allows CPU miners to get 20% of all block rewards while ASIC miners obtain 80% of rewards.

Pi has no blockchain.  KYCed mining for phone miners are not mining, they are fake, just airdrop. 

The real mobile minable coins today are Nengcoin and Cheetahcoin,  a new type of scrypt and SHA256 coins. 

PI is not a scam

MAINNET is live, initiating the Enclosed Network period of Mainnet phase!!! Read the information on the home screen to learn more. Mine and invite your friends to mine at a higher rate while you can before new Mainnet mining takes effect.