Although the Pi Network team says on its website that it is the first digital currency to be mined on the phone, this is far from true. This project was launched in March 2019. Already in June of the same year, the number of active users exceeded 100,000. The popularity of this cryptocurrency continued to grow and in November 2019, the number of active users reached the magical limit of 1 million.
The main goal of the developers was to create a simple and convenient platform, in a way that does not drain the phone's battery. This is done through a modified Stellar protocol, which is described in more detail in the project's white paper. The application works on devices with both Android and iOS operating systems.
It is important to emphasize that the number of coins mined does not depend on the performance of the equipment. Therefore, this coin can be interesting for anyone who wants to expand their portfolio of cryptocurrencies. Mining depends, among other things, on the number of recommended users. It is a good choice for a source of passive income and long-term investment.
