[ANN] Pi - A Peer-to-Peer Electronic Currency

[ohbabe]

Pi: A Peer-to-Peer Electronic Currency

This is Pi. Just Pi.

Abstract:
We propose Pi: a peer-to-peer network in which consensus is derived not from identity, but from computation. No authority is required. No trust is assumed. Only proof.

Network Node (Tor): x5htnjlwj6ymj4cdj5satcbp77mgqged3dryfnm3npdvcl523thqy5yd.onion:31415
Network Node (IP): 185.248.85.37:31415

Supply: 21,000,000 PI
Block reward: 50 PI
Halving: every 210,000 blocks
Algorithm: SHA-256

Whitepaper PDF: https://github.com/sapiensradix/Pi/raw/main/Pi_Whitepaper.pdf
Source code: https://github.com/sapiensradix/Pi
Download: https://github.com/sapiensradix/Pi/releases/tag/v1.0.0
Guide: https://github.com/sapiensradix/Pi/blob/main/HOW-TO-MINE.md

[saphire24]

The technical specs look familiar, but I'd love to learn more about the project's long-term vision and how the network plans to attract miners and users.

Dinosaur Game

[ohbabe]

The goal is simple, Pi is a decentralised proof-of-work currency. It does not attempt to redefine money, governance, or social consensus mechanisms, the network exists so that anyone can participate through computational work.

As for attracting miners and users well the same question could have been asked of Bitcoin in its early days. Why would anyone mine it, Participation is entirely voluntary, there is no central authority, no marketing plan, and no imposed roadmap for adoption. The community will decide whether the network has value.

Most of these questions are addressed in the whitepaper. See Section 7 for further detail.