Pi Network is a decentralised blockchain based on algorithm peer-to-peer network.
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Pi Network is another digital currency by any regular individuals that you can “mine” from your mobile handset. Today, you can mine (or acquire) Pi by assisting with Pi coin mining app from the download playstore or app store. We are in a digital currency edge where Pi places the influence of cryptographic money into the palm of your hand.
And the question is how, after downloading the Pi apps and put into your right information as in about your pasport or NID information belongs with your mobile number and email address, also setup your user name and password. Remind one thing Pi network is only enable for one Pi mining apps per person with the pass of final KYC with your valid documents. So, while you fill up information into the Pi apps before logging make sure all are valid and don't use any fake ID information. Then it ask for referral code, its very important as Pi decentralised network work and deal with peer to peer, so a refferal code is must to join the network. You may used my refferal code 'sharifmx' or any other user referral code for joining.
After joining you have 13 days remaining for correction of your name and if you have missed the opportunity then another option later for claim correction of your name in the apps under your profile option. Once again reminder that this will be genuine information with your valid government approved documents other wise you cannot claim your mined Pi for mainnet transfer. Now you have click on the lightning thunder icon for mining which will continue 24 hrs and after every 24 hrs it required for come back and again click on the same button. It dose not required to hang on every time with online connection just once required Internet for initiation, it's won't drain your mobile battery. So why not you use this app to earn few Pi coins, though it has no value right now but its mainnet is launch earlier.
Now, you have to invite your friends and add them in your security circle to increse your mining rate by active all user mining. Recent Pi has announced a updated white paper and it has ensure that this mining rate will be dropped each month as pre-mainnet time is over and mainnet is running with KYC passed.
Recently Pi network has released a new updated white paper where they announced about KYC very strickly, the main objectives are highlighted below.
# The Effect of KYC on Mainnet rewards
There will be a rolling grace period of six calendar months for a Pioneer to complete KYC. Thereafter, the Pioneer loses all the Pi mined outside of the rolling 6-month window and is unable to transfer the lost Pi to the Mainnet. The retention of the mined Pi in the 6-month window continues indefinitely until they pass KYC or the KYC policy changes. Note that this KYC-window mining framework will only begin when the KYC solution is generally available to all eligible Pioneers in the future, and will be announced to the community beforehand. The six-month restriction will not be immediately in place yet when we launch the Mainnet.
Because of the importance of true humanness in our social network-based mining, only the Pioneers who pass KYC will be able to transfer their Phone balance to the blockchain. Our objective is to have as many true Pioneers as possible pass KYC. As explained further below, the rolling six-month window serves the following important purposes:
Finally, the lost Pi of the Pioneers who delay KYC verification beyond six months will not be transferred to the Mainnet and will not be accounted for in the calculation of the systemwide base mining rate (B) beyond the rolling six-month KYC grace period. Pioneers will, therefore, need to claim their Pi in time, or their lost Pi will be reallocated to B for mining in the same year by other verified Pioneers who can make full contributions to the network.
Roadmap
Pi Network is unique in our technological and ecosystem design as well as the significance of our community input in development. This uniqueness is best served by a thoughtful and iterative approach that allows for community feedback, testing of products, features, and user experience, and phases defined by milestones. There are three main phases to our development: (1) Beta, (2) Testnet, and (3) Mainnet.
Phase 1: Beta
In December 2018, we publicly launched our mobile app on the iOS App store as an alpha prototype that onboarded the initial Pioneers. On Pi Day, March 14, 2019, the original Pi whitepaper was published, marking the official launch of the Pi Network. At this stage, our app allowed Pioneers to mine Pi by contributing to the growth and security of the future Pi blockchain. As the eventual goal was to launch the Mainnet and build an ecosystem around the Pi platform, the Pi app running on the centralized Pi server enabled mobile phone users (Pioneers) to contribute their security circles that, in aggregate, built the trust graph required by the consensus algorithm of the Pi Blockchain, and in return, the Pioneers received mining rewards. Furthermore, the centralized phase allowed the network to grow, the community to form, and the Pi token to be accessible and widely distributed. This phase also allowed for the iteration of many technical features and Pioneer experience by leveraging community input throughout the development process.
The following major accomplishments were made during the Beta phase:
The Pi Network mobile app was listed and accessible through the iOS App Store and Google Playstore.
Pi Network grew from 0 to over 3.5 million engaged Pioneers.
The Pi Network community actively engaged with the project through the app home screen interactions and chat app.
Pi Network reached 233 countries and regions around the world.
Phase 2: Testnet
This phase started on March 14, 2020, marking another critical preparation to the transition to a decentralized blockchain—a live Testnet with distributed Nodes from all over the world. Pi Network’s Node software enabled individual computers to support running the Pi Testnet using Test-Pi coin. Test-Pi was available only for the purpose of testing and has no relation to Pioneers’ account balances on the Pi app. The Pi Testnet has reached over 10,000 fully functional community Nodes and over 100,000 daily active Nodes on the waiting list, and as explained in a later section, will continue to exist for testing purposes in the Mainnet phase.
Phase 3: Mainnet
In December 2021, the Mainnet of the Pi blockchain will go live. The migration of Pioneer balances from their phone account to the Mainnet starts during this period. KYC authentication of a Pioneer precedes their balance migration to the Mainnet. In order to allow for sufficient time for millions of Pioneers to successfully complete their KYC verification, create utilities in the Pi ecosystem, and continue to iterate on our technology and ecosystem design, the Mainnet will have two periods:
at first, firewalled Mainnet (i.e., the Enclosed Network),
and then, open Mainnet (i.e., the Open Network).
Only the accounts with verified identities will be allowed to transition to Mainnet, and only the Pi balances attributable to identity-verified accounts will be allowed to transfer to the Mainnet balance. When a Pioneer and their referral team and security circle members pass the KYC determines if and when, and to what extent, a Pioneer can transfer their balances. Below is a hypothetical example to illustrate how the KYC verification of Pioneers affects their balances in migration to the Mainnet.
For simplicity, we define different concepts of Pi balances as follows:
Mobile Balance: The Pi balance currently shown in a Pioneer’s account in the Pi mobile app
Transferable Balance: The balance that has been allowed to be transferred to the Mainnet because the Pioneer and their specific associated individuals in the referral teams and security circles have passed KYC
Mainnet balance: The balance that has been migrated and transferred by the Pioneer to the Mainnet.
There should be more about that
Restrictions in the Enclosed Network
While transactions between Pi apps and Pioneers and Pioneer-to-Pioneer transactions are allowed within Pi Network, the Enclosed Network will have in place the restrictions as listed below. These restrictions at this stage help enforce the enclosed nature of the network:
There will be no connectivity between Pi and other blockchains or crypto exchanges.
Mainnet can only be accessed through the Pi Wallet and Pi apps on the Pi Browser.
The Mainnet blockchain will be accessible to any computer on the internet but only through a firewall to enforce the above rules.
There will only be Core Team Nodes on the Mainnet to ensure that the firewall is in place at all times.
The following uses of Pioneer-to-Pioneer, Pioneer-to-App, and App-to-Pioneer transactions will be allowed:
Exchange of Pi for goods and services through Pi Apps
Transfer of Pi between Pioneers for goods and services
The following uses will be prohibited:
Exchange of Pi for fiat currency
Exchange of Pi for other cryptocurrencies
Transfer for Pi for a future promise of fiat or other cryptocurrencies
We will enforce the above restrictions by adding a firewall to the Mainnet and by exclusively running the Mainnet Nodes for this interim period. Community Nodes will continue to run on the Testnet in the Enclosed Network period. We will continue to implement interface and other changes to the Nodes in preparation for the Open Network period where the Community Nodes will be able to run on the Mainnet. The restrictions of the Network to keep it enclosed will be relaxed as it reaches the next period—Open Network.
The Open Network Period
Depending on the maturity of the Enclosed Network economy and the progress of the KYC, this period may begin on Pi Day (March 14, 2022), Pi2 Day (June 28, 2022), or later. The Open Network period means that the firewall in the Enclosed Network period will be removed, allowing any external connectivity, e.g., to other networks, wallets, and anyone who wants to connect to Pi Mainnet. API calls will not be firewalled, and Pioneers will be able to run their own Pi Nodes and API services. Pioneers will have connectivity with other blockchains. Community Nodes can also run the Mainnet.
explained further below, the rolling six-month window serves the following important purposes:
strike a balance between giving Pioneers adequate time to pass KYC and creating enough urgency to pass KYC,
prevent unverified Pi beyond the rolling six-month KYC grace period from migrating to the Mainnet, instead freeing it up for mining by other KYC’ed Pioneers within the allocated Pi overall supply limit for Pioneer mining, and
limit KYC spam and abuse (see 30-day delay in KYCing new members below)
There are four roles Pi users can play, as Pi miners. Namely:
Pioneer. A user of the Pi mobile app who is simply confirming that they are not a “robot” on a daily basis. This user validates their presence every time they sign in to the app. They can also open the app to request transactions (e.g. make a payment in Pi to another Pioneer)
Contributor. A user of the Pi mobile app who is contributing by providing a list of pioneers he or she knows and trusts. In aggregate, Pi contributors will build a global trust graph.
Ambassador. A user of the Pi mobile app who is introducing other users into Pi network.
Node. A user who is a pioneer, a contributor using the Pi mobile app, and is also running the Pi node software on their desktop or laptop computer. The Pi node software is the software that runs the core SCP algorithm, taking into account the trust graph information provided by the Contributors.
All of this information you may find the web stie of primary white paper click here
But what i have share only you could find in the apps
So, if you hear it for the first time about Pi network, then join with my reference code untill its too late for halve the base mining rate. Here is my link for referrel
https://minepi.com/Sharifmx
Thankd for being here and hope you may join in Pi Network.
Uh-huh, i like pi network apps and its very near to launch in market, !PIZZA will be purchased with this coin, hope so on.
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