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Join this channel to get access to kps: https://www.youtube.com/channel/uucyalmrx0vqk8fnx-kedb5aa/join to get free cuan from the world of crypto please join here https://t.me/tarakanVisionFreeAIRDROP Tool for free traders and Crypto Investors take free https://sosvalue.com/join/cd1eo7at disclaimer: All content that I share here cannot be considered as financial suggestions. I am not a financial advisor and the views and analysis that I submit is only speculative based on my personal perspective. The technical information that I discussed is also a subjective interpretation and does not guarantee financial benefits. By watching and using the information I provide, it is hoped that the audience can realize that all investment decisions remain a personal responsibility, and there is no guarantee of positive results. Nicolas Kokkalis Head of Technology Dr. Nicolas Kokkalis is a Stanford PhD and Instructor of Stanford's First Decentralized Applications Class, CS359B, in 2018. HIS Work Focuss on Combining Distributed Systems and Human Computer Interaction to Bring Cryptocurrency to everyday people. As a strong and long-term believer of the technical, financial and social potential of cryptocurrencies, he is determined to move them in their current limitations and is committed to bringing the power of blockchain to more people. Chengdiao Fan Head of Product Dr. Chengdiao fan is a stanford phd in anthropological sciences harnessing social computing to unlock human potential on a global scale. By optimizing human-computer interaction and environmenting the Future Human Socioeconomic Life Through the web, Chengdiao is building pi network to mobilize individuals all over the world to participate and be rewarded for their contributions, and establish Capture Their Own Agency, and in Turn Create Utilities and Productions for Society and the World. Solution: Pi - Enabling Mining on Mobile Phones After Identifying These Key Barriers to Adoption, The Pi Core Team Set Out to Find a Way That Would Allow Everyday People to Mine (Or Ear Cryptocurrency Rewards for Validating Transactions on a Distributed Record of Transactions). As a refresher, one of the major challenges that arises with maintaining a distributed record of transactions is ensuring that updates to this open record are not fragrant. While bitcoin's process for updating its record is proven (burning energy / money to trustworthiness), it is not very user (or planet!) Friendly. For pi, we introduced the additional designs requirements of employees a consensus algorithm that would have been extremely user friendly and ideally enable mining on personal computers and mobile phones. In comparing existing consensus algorithms (the process that records transactions into a distributed ledger), The Stellar Consensus Protocol Emerges as the Leading Candidate to Enable User-Friendly, Mobile-First Mining. Stellar Consensus Protocol (SCP) was architeated by David Mazières a Professor of Computer Science at Stanford who also serves as Chief Scientist at the Stellar Development Foundation. SCP Uses a Novel Mechanism Called Federated Byzantine Agreements to Ensure that updates to a distributed ledger are accurate and trustworthy. SCP is also deployed in practice through the stellar blockchain that has been operating since 2015. A Simplified Introduction to Consensus Algorithms Before Jumping to Introducing the Pi Consensus Algorithm, IT Helps to have a simple explanation on what a consensus algorithms for a Blockchain and the types of consensus algorithms that today's blockchain protocols generally use, eg bitcoin and scp.