Pi Network news highlights explosive growth with 70 million users mining easily on smartphones

While many people are still trying to figure out the next big thing in crypto, well-known analyst Dr Altcoin has made it clear, he's fully committed to the Pi Network.

An upbeat Dr Altcoin is highlighting his belief in the Pi Network as the preferred cryptocurrency project for a safe and global growth trajectory.

In a recent post, Dr Altcoin shared his main reasons for being passionate about the project, fully supporting it, and remaining committed to its future. And looking at the points he shared, it’s hard not to get excited.

One major reason Dr Altcoin supports Pi Network is its easily accessible and efficient mining process. Users can mine Pi directly from their mobile phones without needing to use extra energy for the process. Thanks to this innovation, Pi has managed to grow to over 70 million users in more than 200 countries.

It has helped millions of first-time users enter the crypto world, pushing mass adoption to a new level.

Another interesting fact is that the Stellar Consensus Protocol, which powers the Pi blockchain, can handle about 200 transactions per second while using very little energy compared to Bitcoin. Plus, every user and business is fully verified through KYC and KYB checks, creating a safer space for transactions.

Energy consumption is a big problem in crypto, but Pi Network shines here. Bitcoin mining uses as much electricity as an entire country. In comparison, Pi’s 200,000 active nodes use far less power, making it a greener and more sustainable option.

The Pi blockchain allows for fast transactions with very low gas fees. Plus, the Pi Wallet is protected by a 24-word passphrase, making it almost impossible to hack. Every user holds their non-custodial wallet, which adds another strong layer of security.

With over 100 decentralized apps (DApps) already using Pi for transactions, the dream of a real, peer-to-peer digital currency is coming to life.