[photoshop-beginners] Meet Pi, The Much More Accessible Cryptocurrency

 Good Day everyone,

When bitcoin was first created by the mysterious Satoshi Nakamoto in 2009, it was intended to make virtual finance accessible to all people. A decentralized cryptocurrency would allow people to make money for themselves, as one could mine pieces of bitcoin and then cash in once they acquired a whole bitcoin. Today, one bitcoin is worth $19,082.05. But the newest cryptocurrency, called Pi, might take that goal a step further.

Bitcoin has waned in popularity and in valuBute because mining is extremely expensive and requires extensive knowledge of the mining technology, which also contributes to CO2 emissions. There are also only 21 million bitcoin to mine, and it isn't clear if or when more will be created. So not only is bitcoin exclusive, but it's also harmful to the Earth. 

Luckily, the rise of bitcoin led to the development of other cryptocurrencies, known as altcoins. Most of these, such as Litecoin, Dogecoin and Ethereum, are more accessible than bitcoin but still follow the same basic model and algorithm.

For example, Litecoin has 84 million coins to be mined, which is over four times more than its predecessor. The code is also easier to learn, but this comes at a cost. To keep any one user or group from dominating the market, Litecoin's scrypt makes it harder to generate coins, and as a result, Litecoin requires much more time and money to attain a solid investment. At this point, the crypto game is simply a "pick your poison" ordeal. Some people refer to sites like cripto-valuta.net to make their decisions.

The newest cryptocurrency promises to change all of that. Pi is officially known as a "social currency," backed by everyday people. Instead of using costly and complicated machines to mine, users simply mine using their smartphones. The basic idea is to get 100 million regular people to download the mobile app and be active miners, then Pi will have enough users backing it that it'll become a legitimate cryptocurrency. It's because of these founding principles that Pi ensures it will be everything bitcoin is not: inclusive, practical and eco-friendly. But to understand how the network came to fruition, one only need look to Palo Alto, California.

To incentivize users to grow their security circles, the system is designed to allow users to mine at a higher rate as more people join their network. The basic mining rate is 0.20 Pi per hour, but someone with two others in their security circle mines at 0.27 Pi per hour. That may not seem like a huge difference, but it adds up over a 24 hour cycle.

If you'd like to invest in Pi, it's best to download the app and start mining immediately. Once the crypto reaches its third stage, it will become a real currency and can be used in transaction. At that point, the standard mining rate will go down to around 0.1 Pi per hour. For now, higher rates are spurring the growth the app needs in order for Pi to become legitimate. The same can be said of the exchange rate, which is currently estimated at $20-$100 per Pi. However, this is bound to change as the Network grows in numbers. It will likely remain high, as most crypto rates are.  

To start mining, download the Pi Network app and set up an account. You have to open the app and hit the "Mine" button once every 24 hours, but you don't have to keep it open. It won't use up much battery either. You can also use the app to invite people to your security circle, see a breakdown of your mining rate and even chat with a Pi Team Member if you have any questions.

With an extremely helpful app and revolutionary technology, the Pi Network hopes to transform global finance by creating a unified community focused on creating their own net worth and expanding opportunities for everyone.

More Information?  Please visit us at
https://www.pinetworkapp.org
or
https://minepi.com/cakzxd

Bitcoin just boomed over $18K last week.
Some people achieved the crypto dream while others realized how ignoring the trend was a terrible mistake.
PI could be the next opportunity, It is a new digital currency developed by Stanford PhDs in 2019, with over 9million members worldwide today. It seems to follow the same pattern as Bitcoin in 2009.
At this stage, the PI network plan seems to just be "grow the numbers, test the system, and we will take it from there."

You just need to take one minute a day, give yourself a chance to get rich. PI is Zero risk, no investment, no credit card required
If you miss the bitcoin at an early stage, don't let this opportunity pass by again.
There's no reason not to join the  PI network and earn some tokens. Join now, or regret it later.
PI is a long term project, If you want to make money fast and take some risks, please visit the below subsite， This subsite will be updated weekly. It is going to provide you some idea on how to earn with ZERO or little investment to make money, Please visit us frequently.
https://www.pinetworkapp.org/free

On December 15, 2020 all yahoo group members will no longer be able to send or receive emails from Yahoo Groups.
If  you want to still receive those messages on how to invest in the crypto FREE and SAFE, Please join our new google group Great_Opptunity_Invest_Blockchain
You just need to send a blank email to l0731goibc+subscribe@googlegroups.com. Then you will get a reply from this group.
Please DO NOT click the button "Join This Group". But just reply it with another blank email again. You will be added to the group.
You will get the confirmed email message "You are now a member of the l0731goibc group".

 

Good Luck.

 

 

 

-----------------------------------------------------------------------------------------

Launched in March 2019, the Pi Network was created by three Stanford Ph.D. graduates: Dr. Nicolas Kokkalis, Dr. Chengdiao Fan and Vincent McPhillip. Dr. Kokkalis is a computer engineering Ph.D. and teaches Decentralized Applications of Blockchain at Stanford. He's been working with blockchains since he began his early Ph.D., designing several social apps that have garnered over 20 million active users. That list includes Gameyola, the online gaming platform. He also helped found StartX, a Palo Alto startup designed to help entrepreneurs perfect their business models. With an extensive background in computer engineering and software, Dr. Kokkalis mainly focuses on the Pi Network's script and code design.

Dr. Chengdiao Fan has been studying interactions between humans and computers for years. She is fascinated by the impact that recent technological advances have had on both individuals and society as a whole. Some of her research has involved developing software to monitor productivity, as well as improve social capital. For those who don't know, social capital is essentially networks that serve a functional purpose in society.

Dr. Fan graduated from Stanford with a Ph.D. in computational anthropology, and her work for the Pi Network is focused on social computing, envisioning how virtual currency can not only spark financial transactions, but also cultural exchanges. Dr. Fan explains, "I believe their [cryptocurrencies] potential is far beyond the realm of finance, and will create values that have otherwise not been created or captured on individual, societal and global levels. My hope for Pi is the establishment of an inclusive economy for global citizens to unleash and capture their own value, and in turn, create value for society and the world."

Vincent McPhillip earned his bachelor's degree in Political Science from Yale University. He spent time working for a Nongovernmental Organization called Bridgespan, distributing millions of dollars to communities across the United States to help develop their schools and local workforces. It was this work that cultivated his keen interest in the distribution of wealth, particularly as it's related to upward mobility. This led him to enroll in Stanford's Graduate School of Business, where he discovered the power of cryptocurrencies.

What fascinated him about digital currency the most was its potential to help people find previously unattainable levels of wealth and prosperity. His official title at the Pi Network is "social movement builder," as the majority of his duties involve managing Pi's ability to empower everyday citizens with a tool to redistribute wealth and create a more financially literate populace.

The three founders all met at Stanford, and their individual interests resulted in the creation of the Pi Network and the currency known as Pi. What makes Pi different is its status as a social currency, which means the power of Pi lies in its capability to create its own security through people's social networks. When users join Pi, they not only mine for it, they also create "security circles," which indicates that users are trustworthy and validates transactions involving Pi.

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[Adobe_Photoshop_Techniques] Meet Pi, The Much More Accessible Cryptocurrency

 

 Good Day everyone,

When bitcoin was first created by the mysterious Satoshi Nakamoto in 2009, it was intended to make virtual finance accessible to all people. A decentralized cryptocurrency would allow people to make money for themselves, as one could mine pieces of bitcoin and then cash in once they acquired a whole bitcoin. Today, one bitcoin is worth $19,082.05. But the newest cryptocurrency, called Pi, might take that goal a step further.

Bitcoin has waned in popularity and in valuBute because mining is extremely expensive and requires extensive knowledge of the mining technology, which also contributes to CO2 emissions. There are also only 21 million bitcoin to mine, and it isn't clear if or when more will be created. So not only is bitcoin exclusive, but it's also harmful to the Earth. 

Luckily, the rise of bitcoin led to the development of other cryptocurrencies, known as altcoins. Most of these, such as Litecoin, Dogecoin and Ethereum, are more accessible than bitcoin but still follow the same basic model and algorithm.

For example, Litecoin has 84 million coins to be mined, which is over four times more than its predecessor. The code is also easier to learn, but this comes at a cost. To keep any one user or group from dominating the market, Litecoin's scrypt makes it harder to generate coins, and as a result, Litecoin requires much more time and money to attain a solid investment. At this point, the crypto game is simply a "pick your poison" ordeal. Some people refer to sites like cripto-valuta..net to make their decisions.

The newest cryptocurrency promises to change all of that. Pi is officially known as a "social currency," backed by everyday people. Instead of using costly and complicated machines to mine, users simply mine using their smartphones. The basic idea is to get 100 million regular people to download the mobile app and be active miners, then Pi will have enough users backing it that it'll become a legitimate cryptocurrency. It's because of these founding principles that Pi ensures it will be everything bitcoin is not: inclusive, practical and eco-friendly. But to understand how the network came to fruition, one only need look to Palo Alto, California.

To incentivize users to grow their security circles, the system is designed to allow users to mine at a higher rate as more people join their network. The basic mining rate is 0..20 Pi per hour, but someone with two others in their security circle mines at 0.27 Pi per hour. That may not seem like a huge difference, but it adds up over a 24 hour cycle.

If you'd like to invest in Pi, it's best to download the app and start mining immediately. Once the crypto reaches its third stage, it will become a real currency and can be used in transaction. At that point, the standard mining rate will go down to around 0.1 Pi per hour. For now, higher rates are spurring the growth the app needs in order for Pi to become legitimate. The same can be said of the exchange rate, which is currently estimated at $20-$100 per Pi. However, this is bound to change as the Network grows in numbers. It will likely remain high, as most crypto rates are.  

To start mining, download the Pi Network app and set up an account. You have to open the app and hit the "Mine" button once every 24 hours, but you don't have to keep it open. It won't use up much battery either. You can also use the app to invite people to your security circle, see a breakdown of your mining rate and even chat with a Pi Team Member if you have any questions.

With an extremely helpful app and revolutionary technology, the Pi Network hopes to transform global finance by creating a unified community focused on creating their own net worth and expanding opportunities for everyone.

More Information?  Please visit us at
https://www.pinetworkapp.org
or
https://minepi.com/cakzxd

Bitcoin just boomed over $18K last week.
Some people achieved the crypto dream while others realized how ignoring the trend was a terrible mistake.
PI could be the next opportunity, It is a new digital currency developed by Stanford PhDs in 2019, with over 9million members worldwide today. It seems to follow the same pattern as Bitcoin in 2009.
At this stage, the PI network plan seems to just be "grow the numbers, test the system, and we will take it from there."

You just need to take one minute a day, give yourself a chance to get rich. PI is Zero risk, no investment, no credit card required
If you miss the bitcoin at an early stage, don't let this opportunity pass by again.
There's no reason not to join the  PI network and earn some tokens. Join now, or regret it later.
PI is a long term project, If you want to make money fast and take some risks, please visit the below subsite， This subsite will be updated weekly. It is going to provide you some idea on how to earn with ZERO or little investment to make money, Please visit us frequently.
https://www.pinetworkapp.org/free

On December 15, 2020 all yahoo group members will no longer be able to send or receive emails from Yahoo Groups.
If  you want to still receive those messages on how to invest in the crypto FREE and SAFE, Please join our new google group Great_Opptunity_Invest_Blockchain
You just need to send a blank email to l0731goibc+subscribe@googlegroups.com. Then you will get a reply from this group.
Please DO NOT click the button "Join This Group". But just reply it with another blank email again. You will be added to the group.
You will get the confirmed email message "You are now a member of the l0731goibc group".

 

Good Luck.

------------------------------------------------------------

Launched in March 2019, the Pi Network was created by three Stanford Ph.D. graduates: Dr. Nicolas Kokkalis, Dr. Chengdiao Fan and Vincent McPhillip. Dr. Kokkalis is a computer engineering Ph.D. and teaches Decentralized Applications of Blockchain at Stanford. He's been working with blockchains since he began his early Ph.D., designing several social apps that have garnered over 20 million active users. That list includes Gameyola, the online gaming platform. He also helped found StartX, a Palo Alto startup designed to help entrepreneurs perfect their business models. With an extensive background in computer engineering and software, Dr. Kokkalis mainly focuses on the Pi Network's script and code design..

Dr. Chengdiao Fan has been studying interactions between humans and computers for years. She is fascinated by the impact that recent technological advances have had on both individuals and society as a whole. Some of her research has involved developing software to monitor productivity, as well as improve social capital. For those who don't know, social capital is essentially networks that serve a functional purpose in society.

Dr. Fan graduated from Stanford with a Ph.D. in computational anthropology, and her work for the Pi Network is focused on social computing, envisioning how virtual currency can not only spark financial transactions, but also cultural exchanges. Dr. Fan explains, "I believe their [cryptocurrencies] potential is far beyond the realm of finance, and will create values that have otherwise not been created or captured on individual, societal and global levels. My hope for Pi is the establishment of an inclusive economy for global citizens to unleash and capture their own value, and in turn, create value for society and the world."

Vincent McPhillip earned his bachelor's degree in Political Science from Yale University. He spent time working for a Nongovernmental Organization called Bridgespan, distributing millions of dollars to communities across the United States to help develop their schools and local workforces. It was this work that cultivated his keen interest in the distribution of wealth, particularly as it's related to upward mobility. This led him to enroll in Stanford's Graduate School of Business, where he discovered the power of cryptocurrencies.

What fascinated him about digital currency the most was its potential to help people find previously unattainable levels of wealth and prosperity. His official title at the Pi Network is "social movement builder," as the majority of his duties involve managing Pi's ability to empower everyday citizens with a tool to redistribute wealth and create a more financially literate populace.

The three founders all met at Stanford, and their individual interests resulted in the creation of the Pi Network and the currency known as Pi. What makes Pi different is its status as a social currency, which means the power of Pi lies in its capability to create its own security through people's social networks. When users join Pi, they not only mine for it, they also create "security circles," which indicates that users are trustworthy and validates transactions involving Pi.

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[Adobe_Photoshop_Techniques] Pi, digital currency of the masses and the bringer of bitcoin’s promise

 

Buen día a todos,

¿Ha escuchado o tenido una moneda que resolverá el problema, que Bitcoin se enfrentaba anteriormente y todavía hoy?

Bitcoin y otras criptomonedas como se supone que son.
Uno de los propósitos principales de bitcoin y otras monedas digitales es que se utilicen para pagos.. En lugar de usarse para pagos, en el caso de bitcoin, lentamente se convirtió en algo que la gente necesitaba para almacenar valor. Se convierte en un cierto tipo de inversión.
Si observa el porcentaje de transacciones criptográficas, bitcoin ni siquiera pudo subir en la cima. Ethereum subió a la cima, empujando a Bitcoin en la posición 2 superior. Lo que es más decepcionante es que, según statista, los principales contribuyentes de esta transacción provenían de intercambios como binance. Significa que la transacción se basó más en la conversión de moneda digital a fiat y no se debió a una transacción de pago a cambio de bienes.

Para mí, uno de los fallos del bitcoin, que se adopte como medio de pago, arraiga desde el principio. No llegó a ser accesible para el público en general. Para que una persona pueda dedicarse a la minería, debe comprar un anillo minero, tener el conocimiento técnico sobre él y ser capaz de competir con otro grupo de mineros. Tampoco es posible gastar bitcoins para el pago porque hay pocas o ninguna tienda que lo acepte.
Pi, como la moneda digital de la gente común.
Pi Network está en versión beta, pero puede llegar al público en general al permitir que una persona gane Pi en la minería a través de su teléfono. A diferencia de Bitcoin, el proceso de minería no cuesta tanto dinero ni energía. Como escribí en mi publicación anterior, Pi usa SCP o el protocolo de consenso estelar.

También es importante mencionar que hay varias economías impulsadas por la comunidad que usan y aceptan Pi como medio de pago. Este es un entorno muy saludable para una criptomoneda que pretende ser utilizada para pagos. A medida que una persona gana criptografía, hay tiendas que lo aceptarán, lo que significa que la moneda circulará. Si profundiza en su documento técnico, el equipo central de pi network también estaba creando una economía propicia para un usuario para que pueda beneficiarse de mantener pi.
A través de la aplicación, un usuario puede crear su propia tienda, para vender sus propios productos y servicios, lo que evitará el dumping de pi.
Esta es solo mi teoría, ya que también planean poner anuncios en la aplicación. ¿Qué pasa si permiten que cada usuario coloque su propio anuncio en la tienda y el propietario de la tienda, digamos, obtendría un 50% de reducción de los ingresos por publicidad y el otro 50% es lo que se compartirá con todo el titular de pi?

Si todos los usuarios de todo el mundo pueden poner anuncios específicos, según su país, tipo de negocio y propósito. ¡Creará un valor intrínseco que seguramente ayudará a disparar su precio en los intercambios! ¿Qué pasa si, además de la gente normal, las empresas de comercio electrónico podrán tener su propia tienda en la aplicación, pero primero deben comprar un "lugar de tienda" en la plataforma al tener una moneda Pi para pagar el alquiler, al igual que el alquiler de la tienda en ¿el centro comercial? ¡Esto crearía una demanda de pi saludable y luego ayudaría a aumentar su valor haciéndolo imparable!
Sin embargo, el entorno actual de la red Pi es muy propicio para que se utilice como moneda de pago. El desarrollador también está creando una plataforma propicia para la circulación de su cripto, sin mencionar las otras posibles aplicaciones y planes que crearían demanda y valor intrínseco en el futuro.
Pase lo que pase, si llega el momento en que pi lleva el almuerzo a la red principal, el primer usuario (pionero) de la aplicación seguramente se beneficiará porque ya están obteniendo Pi gratis y cuando comience el almuerzo, el pi gratuito terminará.
Por el lado del desarrollador, a diferencia de otras criptomonedas de puesta en marcha, no procedieron a ICO antes de lanzar su proyecto a la red principal, lo que refleja su dedicación y seriedad para lograr el proyecto proporcionando valor primero a su usuario.


Pi Network se encuentra en la última etapa de la fase 2 en su plan de implementación de 3 fases.. El nuevo usuario interesado todavía puede extraer pi gratis simplemente descargando la red Pi en la tienda de Google, inicie sesión a través de Facebook y escriba danoa en la sección de invitación, porque un nuevo usuario necesitará un código de invitación para obtener acceso.

Conclusión: La red pi pudo llegar al público en general y tiene una economía impulsada por la comunidad que crea un entorno propicio para la circulación de pi. El desarrollador también se toma en serio la realización del proyecto, tienen un plan que crearía demanda y valor intrínseco para Pi y todos los primeros usuarios de la red pi (pioneros) seguramente se beneficiarán del uso de la aplicación y de la minería pi hoy.

En su opinión, dada la estructura actual y los planes futuros, ¿cree que Pi logrará convertirse en la moneda digital de pago? ¿superará a bitcoin en el futuro en términos de transacciones o precio?

¿Más información? Visítanos en

https://www.pinetworkapp.org
or
https://minepi.com/cakzxd

Good Day everyone,

Have you heard or had a coin that will solve the problem, that bitcoin was previously and still, currently facing?

Bitcoin and other crypto as it is supposed to be.
One of the primary purposes of bitcoin and other digital currency is for them to be used for payment. Instead of being used for payment, in the case of bitcoin, it slowly became something people needed for store of value. It becomes a certain type of investment.
If you look at the percentage of crypto transactions, bitcoin was not even able to rise at the top. Ethereum rose to top, pushing bitcoin in top 2 position. What's more disappointing is that, according to statista, the major contributors of this transaction were from exchanges like binance. It means the transaction was more on digital currency conversion to fiat and was not because of payment transaction in exchange for goods.

For me, One of the failures of bitcoin, for it to be adopted as a means of payment, roots from the beginning. It failed to become accessible to the general public. For a person to be able to engage in mining, he/she has to buy a mining ring, have the technical knowledge on it and be capable of competing with other pool of miners. Its also not possible to spend bitcoin for payment because there were little to no stores that accept it.
Pi, as the digital currency of everyday people.
Pi Network is in beta version yet it is able to reach the general public by allowing a person to earn Pi in mining, through its phone. Unlike bitcoin, the mining process doesn't cost so much money and energy. As written in my previous post, Pi uses SCP or the stellar consensus protocol.

It is also important to mention that, there are several community driven economies that use and accept Pi as a means of payment . This is a very healthy environment for a cryptocurrency that aims to be used for payment. As a person earns crypto, there are stores that will be accepting it, which means the currency will circulate. If you dive deeper on its white paper, pi network's core team were also creating an economy conducive to a user so that they can benefit in holding pi.
Through the app, a user can create its own store, for selling their own product and services, which will prevent the dumping of pi.
This is just my theory, since they also plan on putting ads in the app. What if they allow every user to put their own ad in the store and the store owner, let's say, would get 50% cut for the ad revenue and the other 50% is what will be shared to the whole pi holder?

 If every user all over the world can put specific advertisements, depending on their country, business type and purpose. It will create an intrinsic value that will surely help shoot up its price on exchanges! What if aside from normal people, E-commerce businesses will be allowed to have their own store in the app, but first need to buy a "store place" in the platform by having a Pi coin for rental payment, just like store's rent in the mall? This would create a healthy pi demand and later on would help increase its value making it unstoppable!
Nevertheless, Pi network's current environment is very conducive for it to be used as a currency for payment. The developer is also creating a conducive platform for the circulation of its crypto not to mention the other possible app and plans that would create demand and intrinsic value in the future.
Whatever happens, If the time comes that pi gets lunch to mainnet, the early user (pioneer) of the app will surely benefit because they are already getting free Pi and as the lunching begins the free pi will end.
On the side of the developer, unlike other start up crypto, they didn't proceed to ICO before launching its project to mainnet, which reflects their dedication and seriousness on accomplishing the project by providing value first to its user.


The Pi Network is in the last stage of phase 2 in its 3 phase, deployment plan. The interested new user can still mine free pi by simply downloading the Pi network in google store, log in thru facebook and write danoa in the invitation section, because a new user will need an invitation code to get access.

Conclusion: The pi network was able to reach the general public and it has a community driven economy which creates a conducive environment for pi circulation. The developer is also serious in accomplishing the project, they have a plan that would create demand and intrinsic value for Pi and every early user of pi network (pioneer) will surely benefit from using the app and for mining pi today.

In your opinion, given the current structure and future plans, Do you think Pi will succeed on becoming the digital currency for payment? will it surpass bitcoin in the future in terms of transactions or price?

More Information?  Please visit us at
https://www.pinetworkapp.org
or
https://minepi.com/cakzxd


Bitcoin just boomed over $18K last week.
Some people achieved the crypto dream while others realized how ignoring the trend was a terrible mistake.
PI could be the next opportunity, It is a new digital currency developed by Stanford PhDs in 2019, with over 9million members worldwide today. It seems to follow the same pattern as Bitcoin in 2009.
At this stage, the PI network plan seems to just be "grow the numbers, test the system, and we will take it from there."

You just need to take one minute a day, give yourself a chance to get rich. PI is Zero risk, no investment, no credit card required
If you miss the bitcoin at an early stage, don't let this opportunity pass by again.
There's no reason not to join the  PI network and earn some tokens. Join now, or regret it later.
PI is a long term project, If you want to make money fast and take some risks, please visit the below subsite， This subsite will be updated weekly. It is going to provide you some idea on how to earn with ZERO or little investment to make money, Please visit us frequently.
https://www.pinetworkapp.org/free

On December 15, 2020 all yahoo group members will no longer be able to send or receive emails from Yahoo Groups.
If  you want to still receive those messages on how to invest in the crypto FREE and SAFE, Please join our new google group Great_Opptunity_Invest_Blockchain
You just need to send a blank email to l0731goibc+subscribe@googlegroups.com. Then you will get a reply from this group.
Please DO NOT click the button "Join This Group". But just reply it with another blank email again. You will be added to the group.
You will get the confirmed email message "You are now a member of the l0731goibc group".



Good Luck.



 

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[photoshop-beginners] File - !!Auto-send Monthly.txt

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[photoshop-beginners] The Simplest Guide To Bitcoin For Beginners (Plus All You Need To Know About Pi Network)

Good day

 if you want to learn more about Bitcoin, what Pi Network is, and the kind of profits and risks that come with investing in cryptocurrencies, then this is the article to read.

I am going to be bluntly honest here and say that this was not an easy topic to research and study. Maybe because it has been a while since I did some comprehensive reading on a topic I am not familiar with, or perhaps because it is indeed a bit of a complex topic.

Either way, I hope that in this article I would have managed to make it simpler and easier to understand for those who have absolutely no idea what the bitcoin is and how it works. So, take a deep breath and lets dive in!

What is Bitcoin?

Bitcoin is a cryptocurrency that isn't managed by any authority, and in which transactions are recorded in a blockchain that is public and contains records of every transaction that takes place.

It was created in January 2009 by an anonymous person/group under the pseudonym Satoshi Nakamoto, and it is considered to be the first alternative to fiat currency.

Bitcoin is also the first cryptocurrency that managed to use peer-to-peer transaction and eliminated the middleman, like the credit card company or the bank, where an authorization for the transaction needs to take place first.

Downsides to Bitcoin

Earning Bitcoin has become more complex and mining has become almost impossible for the general public, people with no special mining equipment and enough money to afford the huge consumption of electricity that the mining process consumes have no chance.

There are around four million computer rigs worldwide that are constantly mining for Bitcoin, yet 98% of them will never get the code first, and so will never verify the transactions, despite the huge electricity expense.

And even when they do manage to get it, the rewards are often incredibly low compared to cost. A recent case study showed that the mining setup and electricity costs mean that mining one Bitcoin at home in 2020 will also cost about one Bitcoin at current prices.

Another downside is that, while Bitcoin started out as a new means for a currency that is decentralized, accessible to all, and is controlled by all its users, as the network grew, this has somewhat changed.

Bitcoin has in a way become centralized, in that the majority of the currency is withheld by only a small number of people and so, in a way, they have an upper power of the currency. It is reported that 87% of all Bitcoins are owned by less than 1% of the network.

What is Pi Network?

Pi is a new cryptocurrency that was created by 3 Stanford PhDs and was launched on March 14th, 2019 (also known as Pi Day, as 3/14 is the first three digits of  the π).

It is considered the first digital currency that can be used by everyday people. Meaning you don?t need special devices or extensive technical background to be able to mine and earn Pi coins, unlike Bitcoin for example.

It is also the first cryptocurrency that enables mining through your phone (both Android | iOS), without draining your battery or using up too much power.

Pi Network mainly relies on its contributors to strengthen its security circle right now. From March 2019 to March 2020 they managed to have 10 million miners in their network.

I was introduced to Pi Network by an ex-coworker and I was intrigued by the idea that it is still in its beginning phases, and the fact I can mine with the click of a button on my phone, so I decided to learn and read more into it.

I have seen many people being skeptical about it, thinking that they are making it is too easy? and it is too good to be true.?

Or that this is going to just crash and burn, like many other types of cryptocurrency that tried to be ? the new Bitcoin? and failed.

However, I do nott see the harm in going for it still, since we are not really risking anything by doing so. They are not asking you to pay to earn those coins.

All they ask of their miners is that they use the app once every day, by just clicking an icon, and then the app will continue earning Pi for them for another 24 hours.

They also encourage miners to contribute to strengthening the network by adding 3-5 people to their security circle. And when they open the app everyday, they start earning by confirming that those 3-5 people are trustworthy people.

While cryptocurrencies like Bitcoin secure their ledgers by forcing miners to burn energy (proof of work), Pi secures its ledger when its members vouch for each other as trustworthy.

Pi is Contributors vouch for each other by building security circles comprised of 3-5 members they deem as trustworthy.

Security circles should be comprised of people you trust not to execute fraudulent transactions. The network security circles form a global trust graph that determines who can be trusted to execute transactions on Pi is ledger.

Apart from your security circle that is consisted of 5 people, you can add more to the network to be a part of your earning team.

When you add more people to your earning team, your Pi earning rate per hour increases, and you also help grow the Pi network.

Is it worth it to join Pi Network?

Well, I remember, as some of you might too, when Bitcoin first came out in 2009/2010, how everyone was skeptical, most people thought it was a scam.

Only few people believed that it could actually amount to something and decided to take the leap and go for it.

Let us say, someone in 2010 took a chance on Bitcoin and decided to buy it when a single coin was for around $0.06.

If this person bought 100 Bitcoins for only $6 thinking, ? it is just $6, no big deal.?

Fast-forward to 2018, a single Bitcoin reached $19,783.

This person who decided to buy 100 Bitcoins for $6 in 2010, in 2018 had 100 Bitcoins for $1,197,830.

See where I am going with this?

Though there is absolutely no guarantee that Pi will go as high as Bitcoin, or even go anywhere at all, since this is all still a beta version of the real thing. However, there is also a great chance that it might go somewhere.

If you look at how quickly their platform is growing, how in only 12 months from launch date they managed to gain over 10 million users in 180 countries and are still growing every day, this is a really good indicator that it might get somewhere.

Also, the fact they are filling a hole in this industry, providing a simple way for the everyday person to acquire cryptocurrency; adding to that the fact it is an eco-friendly system that still is not compromising security; these are some promising factors as well.

How can you start earning Pi coins?

You can not just download the app and join the Pi Network on your own; in order to join the network, you need to have an invitation code from someone in the network.

So, if you feel like you want to give this a try, you can click here and when asked for a code, you can use my invitation code RanaRay.

When you join, you will create your own code that you can then share to invite others to join too, if you wish to increase your hourly earning rates.

At the moment, the earning rate for a new user is 0.25 pi/hour. This rate used to be much higher when the network had fewer users.

The more people join the network, the lower the rates become. The base rate of mining halves every time the number of active users increases by a factor of 10

So it went from 1 pi/hour at 1000 users to 0.50 at 10,000, and to 0.25 at 1,000,000. The next milestone, at 10,000,000 users, the rates will either be halved again or fall to zero.

When the rate eventually falls to zero, the users will then be rewarded through transaction fees not minting new currency.

So, the sooner you join the network, the better!

If you want to learn more or have any questions about how Pi Network works, feel free to send them my way.

When will Pi coins be worth money?

On their website, Pi Network team has explained what their plan is and the steps and phases they are going to take until this currency takes off and can be traded for money.

There are 3 different phases for the launch of the currency. I?m not going to get too technical, you can read everything in detail here.

However, to put it simply, they are done with Phase 1 and Phase 2 started in March 2020, which consists of testing the process on a testnet mimicking the real system before going live.

In Phase 2, users are encouraged to set up their computers to act as Nodes in the network and to participate in the current testing process. This is not a requirement though, and there are no announced benefits to the users doing it so far. For now, it is just a way for contributors to help the Pi network grow.

When these tests are finished, they will move to Phase 3 where the official launch of the currency will take place, and that?s when Pi will be listed in currency exchange lists and have a price, and that?s when your coins can be traded for other currencies.

During Phase 3, all users with verified accounts on the current beta version will be migrated to the live, official version with the balance of Pi coins they have earned during this period.

(You are asked to verify your identity by verifying your phone number, so do not forget to do that when you join.)

There is no official date set for the start of Phase 3 yet; however, it is speculated that it would be sometime late 2020 or early 2021.

Pros of Pi Network

Simple. You can easily mine and earn coins with the click of a button. No need for technical background.

Fair. Coin distribution does not depend on the capacity or the performance of your device. Rates for all users start the same, and only increases as each individual contributes to the network.

Affordable. You do not need to buy special mining devices or pay too much on electricity. And it does not drain your phone battery.

Eco-friendly. Mining for Pi doesn?t consume too much power, unlike mining for other cryptocurrencies.

Pi network. Everything you need to know about the new digital currency Pi Network. Pinterest.

1 Bitcoin is worth 18,745 USD as of the writing of this article.

Pi is a new digital currency created in 2019 and the creators are offering FREE coins (no payments required) until they reach Phase 3 of their launch.

The price/value of 1 Pi is not yet identified, and will not be until they reach Phase 3.

You can only join the Pi Network through a referrer. So if you are interested in joining and earning those free coins, you can visite the below site to join, then use cakzxd as your invitation code.

I believe Pi will blow bitcoin out of the water when it comes into its own in phase 3. Stanford has produced 77 billionaires. When they begin using PI as their go to digital currency the value will skyrocket.  We pioneers may be in for the ride of our life!

More Information?  Please visit us at
https://www.pinetworkapp.org
or
https://minepi.com/cakzxd

Bitcoin just boomed over $18K last week.
Some people achieved the crypto dream while others realized how ignoring the trend was a terrible mistake.
PI could be the next opportunity, It is a new digital currency developed by Stanford PhDs in 2019, with over 9million members worldwide today. It seems to follow the same pattern as Bitcoin in 2009.
At this stage, the PI network plan seems to just be "grow the numbers, test the system, and we will take it from there."


You just need to take one minute a day, give yourself a chance to get rich. PI is Zero risk, no investment, no credit card required
If you miss the bitcoin at an early stage, don't let this opportunity pass by again.
There's no reason not to join the  PI network and earn some tokens. Join now, or regret it later.
PI is a long term project, If you want to make money fast and take some risks, please visit the below subsite， This subsite will be updated weekly. It is going to provide you some idea on how to earn with ZERO or little investment to make money, Please visit us frequently.
https://www.pinetworkapp.org/free

On December 15, 2020 all yahoo group members will no longer be able to send or receive emails from Yahoo Groups.
If  you want to still receive those messages on how to invest in the crypto FREE and SAFE, Please join our new google group Great_Opptunity_Invest_Blockchain
You just need to send a blank email to l0731goibc+subscribe@googlegroups.com. Then you will get a reply from this group.
Please DO NOT click the button "Join This Group". But just reply it with another blank email again. You will be added to the group.
You will get the confirmed email message "You are now a member of the l0731goibc group".

 

Good Luck.

__._,_.___

---

Posted by: "fashionedato2302@yahoo.com" <fashionedato2302@yahoo.com>

---

Please check out our sister group, attachments allowed-Photoshop by Example http://groups.yahoo.com/group/ps-by-ex/

Visit Your Group

• Privacy • Unsubscribe • Terms of Use

[photoshop-beginners] The Simplest Guide To Bitcoin For Beginners (Plus All You Need To Know About Pi Network)

Good day

 if you want to learn more about Bitcoin, what Pi Network is, and the kind of profits and risks that come with investing in cryptocurrencies, then this is the article to read.

I am going to be bluntly honest here and say that this was not an easy topic to research and study. Maybe because it has been a while since I did some comprehensive reading on a topic I am not familiar with, or perhaps because it is indeed a bit of a complex topic.

Either way, I hope that in this article I would have managed to make it simpler and easier to understand for those who have absolutely no idea what the bitcoin is and how it works. So, take a deep breath and lets dive in!

What is Bitcoin?

Bitcoin is a cryptocurrency that isn't managed by any authority, and in which transactions are recorded in a blockchain that is public and contains records of every transaction that takes place.

It was created in January 2009 by an anonymous person/group under the pseudonym Satoshi Nakamoto, and it is considered to be the first alternative to fiat currency.

Bitcoin is also the first cryptocurrency that managed to use peer-to-peer transaction and eliminated the middleman, like the credit card company or the bank, where an authorization for the transaction needs to take place first.

Downsides to Bitcoin

Earning Bitcoin has become more complex and mining has become almost impossible for the general public, people with no special mining equipment and enough money to afford the huge consumption of electricity that the mining process consumes have no chance.

There are around four million computer rigs worldwide that are constantly mining for Bitcoin, yet 98% of them will never get the code first, and so will never verify the transactions, despite the huge electricity expense.

And even when they do manage to get it, the rewards are often incredibly low compared to cost. A recent case study showed that the mining setup and electricity costs mean that mining one Bitcoin at home in 2020 will also cost about one Bitcoin at current prices.

Another downside is that, while Bitcoin started out as a new means for a currency that is decentralized, accessible to all, and is controlled by all its users, as the network grew, this has somewhat changed.

Bitcoin has in a way become centralized, in that the majority of the currency is withheld by only a small number of people and so, in a way, they have an upper power of the currency. It is reported that 87% of all Bitcoins are owned by less than 1% of the network.

What is Pi Network?

Pi is a new cryptocurrency that was created by 3 Stanford PhDs and was launched on March 14th, 2019 (also known as Pi Day, as 3/14 is the first three digits of  the π).

It is considered the first digital currency that can be used by everyday people. Meaning you don?t need special devices or extensive technical background to be able to mine and earn Pi coins, unlike Bitcoin for example.

It is also the first cryptocurrency that enables mining through your phone (both Android | iOS), without draining your battery or using up too much power.

Pi Network mainly relies on its contributors to strengthen its security circle right now. From March 2019 to March 2020 they managed to have 10 million miners in their network.

I was introduced to Pi Network by an ex-coworker and I was intrigued by the idea that it is still in its beginning phases, and the fact I can mine with the click of a button on my phone, so I decided to learn and read more into it.

I have seen many people being skeptical about it, thinking that they are making it is too easy? and it is too good to be true.?

Or that this is going to just crash and burn, like many other types of cryptocurrency that tried to be ? the new Bitcoin? and failed.

However, I do nott see the harm in going for it still, since we are not really risking anything by doing so. They are not asking you to pay to earn those coins.

All they ask of their miners is that they use the app once every day, by just clicking an icon, and then the app will continue earning Pi for them for another 24 hours.

They also encourage miners to contribute to strengthening the network by adding 3-5 people to their security circle. And when they open the app everyday, they start earning by confirming that those 3-5 people are trustworthy people.

While cryptocurrencies like Bitcoin secure their ledgers by forcing miners to burn energy (proof of work), Pi secures its ledger when its members vouch for each other as trustworthy.

Pi is Contributors vouch for each other by building security circles comprised of 3-5 members they deem as trustworthy.

Security circles should be comprised of people you trust not to execute fraudulent transactions. The network security circles form a global trust graph that determines who can be trusted to execute transactions on Pi is ledger.

Apart from your security circle that is consisted of 5 people, you can add more to the network to be a part of your earning team.

When you add more people to your earning team, your Pi earning rate per hour increases, and you also help grow the Pi network.

Is it worth it to join Pi Network?

Well, I remember, as some of you might too, when Bitcoin first came out in 2009/2010, how everyone was skeptical, most people thought it was a scam.

Only few people believed that it could actually amount to something and decided to take the leap and go for it.

Let us say, someone in 2010 took a chance on Bitcoin and decided to buy it when a single coin was for around $0.06.

If this person bought 100 Bitcoins for only $6 thinking, ? it is just $6, no big deal.?

Fast-forward to 2018, a single Bitcoin reached $19,783.

This person who decided to buy 100 Bitcoins for $6 in 2010, in 2018 had 100 Bitcoins for $1,197,830.

See where I am going with this?

Though there is absolutely no guarantee that Pi will go as high as Bitcoin, or even go anywhere at all, since this is all still a beta version of the real thing. However, there is also a great chance that it might go somewhere.

If you look at how quickly their platform is growing, how in only 12 months from launch date they managed to gain over 10 million users in 180 countries and are still growing every day, this is a really good indicator that it might get somewhere.

Also, the fact they are filling a hole in this industry, providing a simple way for the everyday person to acquire cryptocurrency; adding to that the fact it is an eco-friendly system that still is not compromising security; these are some promising factors as well.

How can you start earning Pi coins?

You can not just download the app and join the Pi Network on your own; in order to join the network, you need to have an invitation code from someone in the network.

So, if you feel like you want to give this a try, you can click here and when asked for a code, you can use my invitation code RanaRay.

When you join, you will create your own code that you can then share to invite others to join too, if you wish to increase your hourly earning rates.

At the moment, the earning rate for a new user is 0.25 pi/hour. This rate used to be much higher when the network had fewer users.

The more people join the network, the lower the rates become. The base rate of mining halves every time the number of active users increases by a factor of 10

So it went from 1 pi/hour at 1000 users to 0.50 at 10,000, and to 0.25 at 1,000,000. The next milestone, at 10,000,000 users, the rates will either be halved again or fall to zero.

When the rate eventually falls to zero, the users will then be rewarded through transaction fees not minting new currency.

So, the sooner you join the network, the better!

If you want to learn more or have any questions about how Pi Network works, feel free to send them my way.

When will Pi coins be worth money?

On their website, Pi Network team has explained what their plan is and the steps and phases they are going to take until this currency takes off and can be traded for money.

There are 3 different phases for the launch of the currency. I?m not going to get too technical, you can read everything in detail here.

However, to put it simply, they are done with Phase 1 and Phase 2 started in March 2020, which consists of testing the process on a testnet mimicking the real system before going live.

In Phase 2, users are encouraged to set up their computers to act as Nodes in the network and to participate in the current testing process. This is not a requirement though, and there are no announced benefits to the users doing it so far. For now, it is just a way for contributors to help the Pi network grow.

When these tests are finished, they will move to Phase 3 where the official launch of the currency will take place, and that?s when Pi will be listed in currency exchange lists and have a price, and that?s when your coins can be traded for other currencies.

During Phase 3, all users with verified accounts on the current beta version will be migrated to the live, official version with the balance of Pi coins they have earned during this period.

(You are asked to verify your identity by verifying your phone number, so do not forget to do that when you join.)

There is no official date set for the start of Phase 3 yet; however, it is speculated that it would be sometime late 2020 or early 2021.

Pros of Pi Network

Simple. You can easily mine and earn coins with the click of a button. No need for technical background.

Fair. Coin distribution does not depend on the capacity or the performance of your device. Rates for all users start the same, and only increases as each individual contributes to the network.

Affordable. You do not need to buy special mining devices or pay too much on electricity. And it does not drain your phone battery.

Eco-friendly. Mining for Pi doesn?t consume too much power, unlike mining for other cryptocurrencies.

Pi network. Everything you need to know about the new digital currency Pi Network. Pinterest.

1 Bitcoin is worth 18,745 USD as of the writing of this article.

Pi is a new digital currency created in 2019 and the creators are offering FREE coins (no payments required) until they reach Phase 3 of their launch.

The price/value of 1 Pi is not yet identified, and will not be until they reach Phase 3.

You can only join the Pi Network through a referrer. So if you are interested in joining and earning those free coins, you can visite the below site to join, then use cakzxd as your invitation code.

I believe Pi will blow bitcoin out of the water when it comes into its own in phase 3. Stanford has produced 77 billionaires. When they begin using PI as their go to digital currency the value will skyrocket.  We pioneers may be in for the ride of our life!

More Information?  Please visit us at
https://www.pinetworkapp.org
or
https://minepi.com/cakzxd

Bitcoin just boomed over $18K last week.
Some people achieved the crypto dream while others realized how ignoring the trend was a terrible mistake.
PI could be the next opportunity, It is a new digital currency developed by Stanford PhDs in 2019, with over 9million members worldwide today. It seems to follow the same pattern as Bitcoin in 2009.
At this stage, the PI network plan seems to just be "grow the numbers, test the system, and we will take it from there."


You just need to take one minute a day, give yourself a chance to get rich. PI is Zero risk, no investment, no credit card required
If you miss the bitcoin at an early stage, don't let this opportunity pass by again.
There's no reason not to join the  PI network and earn some tokens. Join now, or regret it later.
PI is a long term project, If you want to make money fast and take some risks, please visit the below subsite， This subsite will be updated weekly. It is going to provide you some idea on how to earn with ZERO or little investment to make money, Please visit us frequently.
https://www.pinetworkapp.org/free

On December 15, 2020 all yahoo group members will no longer be able to send or receive emails from Yahoo Groups.
If  you want to still receive those messages on how to invest in the crypto FREE and SAFE, Please join our new google group Great_Opptunity_Invest_Blockchain
You just need to send a blank email to l0731goibc+subscribe@googlegroups.com. Then you will get a reply from this group.
Please DO NOT click the button "Join This Group". But just reply it with another blank email again. You will be added to the group.
You will get the confirmed email message "You are now a member of the l0731goibc group".

 

Good Luck.

__._,_.___

---

Posted by: "fashionedato2302@yahoo.com" <fashionedato2302@yahoo.com>

---

Please check out our sister group, attachments allowed-Photoshop by Example http://groups.yahoo.com/group/ps-by-ex/

Visit Your Group

• Privacy • Unsubscribe • Terms of Use

[Adobe_Photoshop_Techniques] The Simplest Guide To Bitcoin For Beginners (Plus All You Need To Know About Pi Network)

 

Good day, everyone

 If you want to learn more about Bitcoin, what Pi Network is, and the kind of profits and risks that come with investing in cryptocurrencies, then this is the article to read.

I am going to be bluntly honest here and say that this was not an easy topic to research and study. Maybe because it has been a while since I did some comprehensive reading on a topic I am not familiar with, or perhaps because it is indeed a bit of a complex topic.

Either way, I hope that in this article I would have managed to make it simpler and easier to understand for those who have absolutely no idea what bitcoin is and how it works. So, take a deep breath and let us dive in!

What is Bitcoin?

Bitcoin is a cryptocurrency that isn't managed by any authority, and in which transactions are recorded in a blockchain that is public and contains records of every transaction that takes place.

It was created in January 2009 by an anonymous person/group under the pseudonym Satoshi Nakamoto, and it is considered to be the first alternative to fiat currency.

Bitcoin is also the first cryptocurrency that managed to use a peer-to-peer transaction and eliminated the middleman, like the credit card company or the bank, where an authorization for the transaction needs to take place first.

Downsides to Bitcoin

Earning Bitcoin has become more complex and mining has become almost impossible for the general public, people with no special mining equipment and enough money to afford the huge consumption of electricity that the mining process consumes have no chance.

There are around four million computer rigs worldwide that are constantly mining for Bitcoin, yet 98% of them will never get the code first, and so will never verify the transactions, despite the huge electricity expense.

And even when they do manage to get it, the rewards are often incredibly low compared to cost. A recent case study showed that the mining setup and electricity costs mean that mining one Bitcoin at home in 2020 will also cost about one Bitcoin at current prices.

Another downside is that, while Bitcoin started out as a new means for a currency that is decentralized, accessible to all, and is controlled by all its users, as the network grew, this has somewhat changed.

Bitcoin has in a way become centralized, in that the majority of the currency is withheld by only a small number of people and so, in a way, they have an upper power of the currency. It is reported that 87% of all Bitcoins are owned by less than 1% of the network.

What is Pi Network?

Pi is a new cryptocurrency that was created by 3 Stanford PhDs and was launched on March 14th, 2019 (also known as Pi Day, as 3/14 is the first three digits of  the π).

It is considered the first digital currency that can be used by everyday people. Meaning you don?t need special devices or extensive technical background to be able to mine and earn Pi coins, unlike Bitcoin for example.

It is also the first cryptocurrency that enables mining through your phone (both Android | iOS), without draining your battery or using up too much power.

Pi Network mainly relies on its contributors to strengthen its security circle right now. From March 2019 to March 2020 they managed to have 10 million miners in their network.

I was introduced to Pi Network by an ex-coworker and I was intrigued by the idea that it is still in its beginning phases, and the fact I can mine with the click of a button on my phone, so I decided to learn and read more into it.

I have seen many people being skeptical about it, thinking that they are making it is too easy? and it is too good to be true.?

Or that this is going to just crash and burn, like many other types of cryptocurrency that tried to be ? the new Bitcoin? and failed.

However, I do nott see the harm in going for it still, since we are not really risking anything by doing so. They are not asking you to pay to earn those coins.

All they ask of their miners is that they use the app once every day, by just clicking an icon, and then the app will continue earning Pi for them for another 24 hours.

They also encourage miners to contribute to strengthening the network by adding 3-5 people to their security circle. And when they open the app everyday, they start earning by confirming that those 3-5 people are trustworthy people.

While cryptocurrencies like Bitcoin secure their ledgers by forcing miners to burn energy (proof of work), Pi secures its ledger when its members vouch for each other as trustworthy.

Pi is Contributors vouch for each other by building security circles composed of 3-5 members they deem as trustworthy.

Security circles should be composed of people you trust not to execute fraudulent transactions. The network security circles form a global trust graph that determines who can be trusted to execute transactions on Pi is ledger.

Apart from your security circle that consists of 5 people, you can add more to the network to be a part of your earning team.

When you add more people to your earning team, your Pi earning rate per hour increases, and you also help grow the Pi network.

Is it worth it to join Pi Network?

Well, I remember, as some of you might too, when Bitcoin first came out in 2009/2010, how everyone was skeptical, most people thought it was a scam.

Only few people believed that it could actually amount to something and decided to take the leap and go for it.

Let us say, someone in 2010 took a chance on Bitcoin and decided to buy it when a single coin was for around $0.06.

If this person bought 100 Bitcoins for only $6 thinking, ? it is just $6, no big deal.?

Fast-forward to 2018, a single Bitcoin reached $19,783.

This person who decided to buy 100 Bitcoins for $6 in 2010, in 2018 had 100 Bitcoins for $1,197,830.

See where I am going with this?

Though there is absolutely no guarantee that Pi will go as high as Bitcoin, or even go anywhere at all, since this is all still a beta version of the real thing. However, there is also a great chance that it might go somewhere.

If you look at how quickly their platform is growing, how in only 12 months from launch date they managed to gain over 10 million users in 180 countries and are still growing every day, this is a really good indicator that it might get somewhere.

Also, the fact they are filling a hole in this industry, providing a simple way for the everyday person to acquire cryptocurrency; adding to that the fact it is an eco-friendly system that still is not compromising security; these are some promising factors as well.

How can you start earning Pi coins?

You can not just download the app and join the Pi Network on your own; in order to join the network, you need to have an invitation code from someone in the network.

So, if you feel like you want to give this a try, you can click here and when asked for a code, you can use my invitation code RanaRay.

When you join, you will create your own code that you can then share to invite others to join too, if you wish to increase your hourly earning rates.

At the moment, the earning rate for a new user is 0.25 pi/hour. This rate used to be much higher when the network had fewer users.

The more people join the network, the lower the rates become. The base rate of mining halves every time the number of active users increases by a factor of 10

So it went from 1 pi/hour at 1000 users to 0.50 at 10,000, and to 0.25 at 1,000,000. The next milestone, at 10,000,000 users, the rates will either be halved again or fall to zero.

When the rate eventually falls to zero, the users will then be rewarded through transaction fees not minting new currency..

So, the sooner you join the network, the better!

If you want to learn more or have any questions about how Pi Network works, feel free to send them my way.

When will Pi coins be worth money?

On their website, Pi Network team has explained what their plan is and the steps and phases they are going to take until this currency takes off and can be traded for money.

There are 3 different phases for the launch of the currency. I am not going to get too technical, you can read everything in detail here.

However, to put it simply, they are done with Phase 1 and Phase 2 started in March 2020, which consists of testing the process on a testnet mimicking the real system before going live.

In Phase 2, users are encouraged to set up their computers to act as Nodes in the network and to participate in the current testing process. This is not a requirement though, and there are no announced benefits to the users doing it so far. For now, it is just a way for contributors to help the Pi network grow..

When these tests are finished, they will move to Phase 3 where the official launch of the currency will take place, and that?s when Pi will be listed in currency exchange lists and have a price, and that?s when your coins can be traded for other currencies.

During Phase 3, all users with verified accounts on the current beta version will be migrated to the live, official version with the balance of Pi coins they have earned during this period.

(You are asked to verify your identity by verifying your phone number, so do not forget to do that when you join.)

There is no official date set for the start of Phase 3 yet; however, it is speculated that it would be sometime late 2020 or early 2021.

Pros of Pi Network

Simple. You can easily mine and earn coins with the click of a button. No need for technical background.

Fair. Coin distribution does not depend on the capacity or the performance of your device. Rates for all users start the same, and only increases as each individual contributes to the network.

Affordable. You do not need to buy special mining devices or pay too much on electricity. And it does not drain your phone battery.

Eco-friendly. Mining for Pi does not consume too much power, unlike mining for other cryptocurrencies.

Pi network. Everything you need to know about the new digital currency Pi Network. Pinterest.

1 Bitcoin is worth 18,745 USD as of the writing of this article.

Pi is a new digital currency created in 2019 and the creators are offering FREE coins (no payments required) until they reach Phase 3 of their launch.

The price/value of 1 Pi is not yet identified, and will not be until they reach Phase 3.

You can only join the Pi Network through a referrer. So if you are interested in joining and earning those free coins, you can visit the below site to join, then use cakzxd as your invitation code.

I believe Pi will blow bitcoin out of the water when it comes into its own in phase 3. Stanford has produced 77 billionaires. When they begin using PI as their go to digital currency the value will skyrocket.  We pioneers may be in for the ride of our life!

More Information?  Please visit us at
https://www.pinetworkapp.org
or
https://minepi.com/cakzxd


Bitcoin just boomed over $18K last week.
Some people achieved the crypto dream while others realized how ignoring the trend was a terrible mistake.
PI could be the next opportunity, It is a new digital currency developed by Stanford PhDs in 2019, with over 9million members worldwide today. It seems to follow the same pattern as Bitcoin in 2009.
At this stage, the PI network plan seems to just be "grow the numbers, test the system, and we will take it from there."


You just need to take one minute a day, give yourself a chance to get rich. PI is Zero risk, no investment, no credit card required
If you miss the bitcoin at an early stage, don't let this opportunity pass by again.
There's no reason not to join the  PI network and earn some tokens. Join now, or regret it later.
PI is a long term project, If you want to make money fast and take some risks, please visit the below subsite， This subsite will be updated weekly. It is going to provide you some idea on how to earn with ZERO or little investment to make money, Please visit us frequently.
https://www.pinetworkapp.org/free

On December 15, 2020 all yahoo group members will no longer be able to send or receive emails from Yahoo Groups.
If  you want to still receive those messages on how to invest in the crypto FREE and SAFE, Please join our new google group Great_Opptunity_Invest_Blockchain
You just need to send a blank email to l0731goibc+subscribe@googlegroups.com. Then you will get a reply from this group.
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Good Luck.

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Posted by: support <milestones807@gmail.com>

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