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Cryptocurrency News Video
PI NETWORK| Mysterious PI price manipulator
Oct 09, 2025 at 03:30 am TUMLUM TV
Pi Network is a cryptocurrency project launched in 2019, allowing users to mine Pi coins directly on mobile phones without consuming much energy or needing specialized hardware. Pi Network's goal is to create an accessible cryptocurrency ecosystem, with decentralized applications (DApps) in the future, but the community is still controversial about the legality and value of the Pi coin because it has not been officially listed on exchanges. Goals and How It Works Democratizing Cryptocurrency: Pi Network aims to make it easy for everyone to participate in the world of cryptocurrency without the need for specialized knowledge or expensive equipment. Mining on the phone: Users only need to download the Pi Network application, have an invitation code, and press the "mining" button every day to receive Pi coins. No energy consumption: Unlike other cryptocurrencies such as Bitcoin, Pi Network does not require users to use a lot of energy or powerful computers to mine. Using the Stellar Consensus Protocol (SCP): This protocol allows members to confirm transactions securely and efficiently, helping to reduce energy consumption. Outstanding features Development ecosystem: The project is building an ecosystem with many decentralized applications (DApps), e-commerce and other financial services, attracting the participation of a large community. Identity verification (KYC): To ensure fairness and prevent fraud, Pi Network requires users to go through a KYC process to verify identity, according to ONUS. Points to note: No official market value yet: Dong Pi currently has no official market value because it has not been listed on major exchanges, leading to controversy about the feasibility of the project. Potential risks: Pi Network can be a potential project but can also be a "scam" for some users because it has not been clearly verified in terms of value and transparency. Request invitation code: To join Pi Network, you need an invitation code from a previously joined user.
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