Pi (Digital currency) of the future

Nishant Vemulakonda
2 min readMay 30, 2020

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Introduction:

Pi (minepi) is a revolutionary digital currency network which can be earned by mining with your smartphone. Launched on pi day (3/14/2019) by stanford PHDs, it already has 3.5 million active users!

With an energy-light app that consumes minimal battery power, and low latency network you can start earning Pi daily by mining on your smartphone.

https://minepi.com/itznishant

Info:

Pi borrows some concepts from the Stellar consensus protocol (SCP). Read more about SCP here and here.

Recommended: Read a Simplified SCP description which is shorter and easier to digest compared to the full whitepaper.

There are some technical concepts like :

  1. Quorums (& Quorum slices)

2. Federated voting

3. Nomination

4. Voting acceptance, Voting confirmation/ratification etc

which I would be updating soon.

Please follow this story to get notification as and when I update this!

How to start using Pi

Steps to follow:

Download the Pi app from google play store and Install on your smartphone.

App download Link: https://minepi.com/#download

Submit your name and phone number (you need to verify this later).

Type in your invitation code, which is in this case is itznishant , and start earning/mining Pi !
Currently, you can earn about 0.2 Pi /hour, which will reduce once more people start using this app. Eventually it can even go to 0 Pi .

Hence, start now, and you will be one of the first few to earn Pi using the decentralized network.

Remember: Use your invitation code: itznishant to join and also verify your contact number after joining ( we need to keep the community safe!)

App download Link: Click here

Note: Check out the Pi white-paper here.

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Nishant Vemulakonda

Prolific Blockchain Smart Contract Developer, Experienced Data Scientist , forever Learner