Pi Wallet News
Pi Wallet Update- Pi is a new digital currency developed by Stanford PhDs, with over 10 million members worldwide. Pi Wallet is released and enrolled over 10,000 Pioneers to test the wallet through the Node UI- After testing multiple versions of the wallet with the Moderators community, the Core Team had a test release of the Pi Wallet to any active Node during an approximately 12-hour period earlier today and enrolled over 10,000 Pioneers to further test the wallet through Node UI. While new enrollment to this test release has ended, the nodes that have created a wallet during the past open-enrollment period will continue to see, test the wallet, transact Test-Pi, and provide feedback. The learnings from the test release will help us improve the wallet’s functionalities, scalability and UI/UX for a larger launch.
Further, it is noted that Pi wallet will be a user-friendly and scalable wallet and very soon it will be available to everyone.
Pi Wallet will be connected to Pi Testnet
The Pi Wallet will be connected to Pi Testnet and initiated with Test-Pi by the Pi Testnet faucet, which is a facility on the Testnet to distribute free test-Pi. Test-Pi (or test-π) is NOT REAL Pi!
Test-Pi is solely for the purpose of testing transactions on the Pi Testnet and contains NO VALUE. The Test-Pi balance in the wallet may be reset because Testnet will be periodically reset as part of the testing.
According to Pi Network,
We had a test release of the Pi Wallet to any active Node during a 12-hour period earlier today and enrolled over 10,000 Pioneers to test the wallet through the Node UI. The learnings from the test release will help us improve the wallet’s functionalities, scalability and UI/UX for a larger launch. The Pi Wallet will be connected to the Pi Testnet and initiated with Test-Pi by the Testnet faucet. Test-Pi is not the real Pi and has NO VALUE. More details about the Pi Wallet will come around Pi Day!
Pi Network Coin?
Pi Cryptocurrency is same as bitcoin, To build the world’s most inclusive peer-to-peer market place, fueled by Pi, the world’s most widely used Cryptocurrency. and create a smart contract protocol that is secured and operated by everyday people, not a concentration of whale miners like Bitcoin.
The Pi Core Team has introduced a consensus algorithm that would also be extremely user-friendly and ideally enable mining on personal computers and mobile phones without draining battery and excessive data usage. Pi is based on the Stellar Consensus Protocol (SCP) and an algorithm called Federated Byzantine Agreement (FBA).
How to mine Pi Coin? (Step-by-Step)
Here’s step-by-step process on how to mine Pi coin;
- Download the Pi Network app from Playstore or Appstore.
- Register with your details.
- Use GnaneshwarGG as your invitation code to start earning.
- Now verify your mobile by checking manual instructions.
- Invite more members to increase your mining rate.
- Be consistent on the Pi app on daily basis.
- Have patient in the process, of mining.
- Create a security circle for higher mining rates.
Pi Network Price
According to Coinmarketcap, PiCoin has a current supply of 1,378,368.8048804 with 0 in circulation. The last known price of PiCoin is 0.00707719 USD and is up 0.00 over the last 24 hours.