I am sending you 1π! Pi is a new digital currency developed by Stanford PhDs, with over 25 million members worldwide. To claim your Pi, follow this link https://minepi.com/mrdelpi011 and use my username (mrdelpi011) as your invitation code.
New Whitepaper chapters
December 2021
Below is the new draft of the Pi supply and mining sections of our whitepaper released December 2021. Mining will continue in the Mainnet phase but with a mining rate dynamically adjusted within limited supply. For more details, read the new whitepaper sections that review how supply and mining worked before Mainnet and describe how and why they will change at Mainnet. We also keep the previously released Roadmap chapter at the bottom for reference. Your feedback is welcome before we update the official whitepaper on our website when Open Network begins.
Token Model and Mining
A well thought-out, sound token design is critical to the success of a cryptocurrency network. It has the potential to create incentives to bootstrap network formation and growth, build a utilities-driven ecosystem, and thereby support the cryptocurrency underpinning such a system. What a network incentivizes says a lot about what a network needs—for example, network growth or fundamentals-driven utility creation, a mere store of value or a medium of exchange for the cryptonative ecosystem. This chapter covers the supply of Pi and how Pioneers can mine Pi in different phases of the network, and the underlying design rationale for different mining mechanisms including to build and grow the network and to incentivize utilities and demand. Note that Pi is a layer one cryptocurrency running on its own blockchain, which “token” here refers to.
Pi Supply
Pi Network’s vision is to build the world’s most inclusive peer-to-peer economy and online experience, fueled by Pi, the world’s most widely used cryptocurrency. To deliver on this vision, it is important to grow the network and make Pi widely accessible while maintaining the security of the blockchain and the scarcity of Pi. While these goals have always guided the token supply model and mining design, the key distinction is: the pre-Mainnet phases focused on driving network growth and widely distributing Pi and the Mainnet phase will focus on rewarding more diverse forms of Pioneer contributions while cementing the supply of Pi.
