What is Pi Network? 🚨🚨
Launched in 2019, Pi Network is a blockchain initiative designed to make cryptocurrency mining accessible to the masses. By allowing users to mine Pi coins directly from their smartphones with just a simple tap each day, it removes the need for costly equipment and high energy consumption typically associated with crypto mining.
Founded by a group of Stanford graduates, Pi Network has sparked both enthusiasm and skepticism. Some hail it as a groundbreaking way to democratize access to digital currencies, while critics argue that its lack of transparency and vague timelines for milestones like the launch of an open mainnet raise concerns, likening it to a potential pyramid scheme.
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