Pi Network

Pi Network is a cryptocurrency project that enables users to mine Pi coins on their smartphones without high energy consumption or specialized hardware. Launched in 2019 by Stanford graduates, it aims to create a decentralized ecosystem where Pi can be used for transactions and services. Unlike traditional cryptocurrencies, Pi uses a unique consensus algorithm, allowing anyone to mine by simply tapping a button daily. The project is currently in its mainnet phase, with over 45 million active users globally.