What is Plian (PI)

1. Project Introduction

1. What Is Pi?
Pi Network is a project that lets users mine cryptocurrency on a mobile device. It aims to drive mainstream adoption of crypto and lower the barriers to entry, allowing anyone with a smartphone to mine and earn Pi tokens. Pi Network uses the Stellar Consensus Protocol (SCP), which enables mobile mining without significantly affecting device performance or battery life.

2. How Does Pi Work?
Pi Network is based on the Stellar Consensus Protocol (SCP) and an algorithm called Federated Byzantine Agreement (FBA). Such algorithms don's waste energy but they require exchanging many network messages in order for the nodes to come to “consensus” on what the next block should be. Each node can independently determine if a transaction is valid or not, e.g., authority of making the transaction and double spending, based on the cryptographic signature and the transaction history. However, for a network of computers to agree on which transactions to record in a block and the order of these transactions and blocks, they need to message each other and have multiple rounds of voting to come to consensus.
Pi's consensus algorithm builds atop SCP. Unlike Stellar Network consisting mostly of companies and institutions (e.g., IBM) as nodes, Pi intends to allow devices of individuals to contribute on the protocol level and get rewarded, including mobile phones, laptops and computers. 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 responsible for 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.

3. Who Founded Pi?
Pi Network was launched in 2019 by a team of Stanford University graduates.
Dr. Nicolas Kokkalis: Head of Technology. He is a Stanford Ph.D. in Computer Science and instructor of Stanford's first decentralized applications class, CS359B, in 2018. His work focuses on distributed systems and decentralized tech.
Dr. Chengdiao Fan: Head of Product. She is a Stanford Ph.D. in Anthropological Sciences, and her research interests have focused on human-computer interaction and social computing.

4. Pi Tokenomics
Pi's token supply is structured in two phases:
Phase 1: Pre-Mainnet
* The mining rate halved as the user base grew. There was no fixed supply cap until the Mainnet launched.
Phase 2: Post-Mainnet
* The maximum supply is 100 billion Pi tokens, of which 80% is allocated to the community and 20% to the Core Team to ensure the long-term development and rewards for the community and the ecosystem.

5. Timeline of Key Milestones
Phase 1: Beta
In December 2018, Pi Network publicly launched its mobile app on the iOS App store as an alpha prototype. On Pi Day, March 14, 2019, the original Pi whitepaper was published, marking the official launch of the Pi Network.
Phase 2: Testnet
This phase started on March 14, 2020. Pi Testnet allows for the testing of connectivity, performance, security, and scalability of the blockchain, and allows Pi apps developers to develop the Pi apps before they can deploy their app on the Mainnet.
Phase 3: Mainnet
On February 20, 2025, the Open Network officially launched. This will allow connectivity with external systems for the first time and Pi tokens to be more widely adopted in the real world.​

2. Team & Investment Info

3. Social Media URLs

4. Token Info

5. Related Links