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1  Alternate cryptocurrencies / Announcements (Altcoins) / Re: New Crypto Alt Coin Annoucement - Free to Join and Mine via Mobile Phone on: November 06, 2019, 08:14:25 PM
Hello all!  Below is the Roadmap / Deployment plan for PI Network taken from their Whitepaper:

Roadmap / Deployment plan

Phase 1 - Design, Distribution, Trust Graph Bootstrap. <---Current Stage
The Pi server is operating as a faucet emulating the behavior of the decentralized system as it will function once its live. During this phase improvements in the user experience and behavior are possible and relatively easy to make compared to the stable phase of the main net. All minting of coins to users will be migrated to the live net once it launches. In other words, the livenet will pre-mint  in its genesis block all account holder balances generated during Phase 1, and continue operating just like the current system but fully decentralized. Pi is not listed on exchanges during this phase and it is impossible to “buy” Pi with any other currency.

Phase 2 - Testnet <---Early 2020
Before we launch the main net, the Node software will be deployed on a test net. The test net will use the same exact trust graph as the main net but on a testing Pi coin. Pi core team will host several nodes on the test net, but will encourage more Pioneers to start their own nodes on the testnet. In fact, in order for any node to join the main net, they are advised to begin on the testnet. The test net will be run in parallel to the Pi emulator in phase one, and periodically, e.g. daily, the results from both systems will be compared to catch the gaps and misses of the test net, which will allow Pi developers to propose and implement fixes.  After a thorough concurrent run of both systems, testnet will reach a state where its results consistently match the emulator’s. At that time when the community feels its ready, Pi will migrate to the next phase.

Phase 3 - Mainnet <---?
When the community feels the software is ready for production, and it has been thoroughly tested on the testnet, the official mainnet of the Pi network will be launched. An important detail is that, in the transition into the mainnet, only accounts validated to belong to distinct real individuals will be honored. After this point, the faucet and Pi network emulator of Phase 1 will be shut down and the system will continue on its own forever. Future updates to the protocol will be contributed by the Pi developer community and Pi’s core team, and will be proposed by the committee. Their implementation and deployment will depend on nodes updating the mining software just like any other blockchains. No central authority will be controlling the currency and it will be fully decentralized. Balances of fake users or duplicate users will be discarded. This is the phase when Pi can be connected to exchanges and be exchanged for other currencies.
2  Alternate cryptocurrencies / Announcements (Altcoins) / Re: New Crypto Alt Coin Annoucement - Free to Join and Mine via Mobile Phone on: November 05, 2019, 06:29:22 PM
Hello everyone!  I appreciate the responses I am getting from my post about this project (PI Network).

Just a quick note about me, I have been in the crypto space for over 2 years, but, never posted anything on this site.  I always used bitcointalk.org as a resource for researching specific crypto projects.

I became aware of PI Network about 2 months ago.  Ever since, I have been mining the coin on my Iphone with no issues.

After reading the Whitepaper and researching this project online, I was convinced that this project had potential.  The main fact that it's introducing the crypto space to the global population (over 1 million have already joined) at a very fast rate.  Many of whom haven't heard about crypto or have never invested.  At this stage, the project is completely free to join and earn an ample amount of coins on a daily basis.

I updated my original post to include the projects website (https://minepi.com).  Also, I added a private chat room that can be accessed once you download the app (PI Network) and activate your account.

Thanks again for all the feedback!

RVCOIN
3  Alternate cryptocurrencies / Announcements (Altcoins) / New Crypto Alt Coin Annoucement - Free to Join and Mine via Mobile Phone on: November 02, 2019, 08:35:00 PM
Pi is a new cryptocurrency for and by everyday people that you can "mine" (or earn) from your phone. This new digital currency was developed by a group of Stanford University PhD's.

You can earn your own PI coins for free by simply downloading the (Pi Network) app from the Google Play Store or Apple App Store. It's FREE to download and earn coins on a daily basis.

At the moment, to join the PI Network an invite code is needed. You can join by using my invitation code (RVCOIN).

Once you have downloaded the app and insert the invitation code (RVCOIN), I encourage you to read over the White Paper, FAQ's, and other details of this cryptocurrency project. The app does a great job providing the answers to most all questions. Also, I created a private chat room that you can access once you activate your account.  That way, I can easily assist with answering any questions you may have regarding the project.

Please note that this project is still in the infancy stage, thus, rewarding the early miners with an ample amount of free coins per day. The reward amount increases as you increase your network.

More details on this project is available on the app or at https://minepi.com.

Cryptocurrency is the future and is gaining mass exposure everyday! Why not do your part in spreading the word about this great project while earning a piece of the pie!


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