What is a coin?

Pai Coin, also known as Pi Coin and π Coin, is a new type of cryptocurrency and a digital asset currency that can be mined on mobile phones. It was developed by three doctors who graduated from Stanford University. As a new form of digital currency, the distribution of coins is maintained and protected by community groups, not the government or banks. Users can mine and send coins to help maintain the network security of PI and increase the trust network of PI. Although most cryptocurrencies (such as bitcoin) are difficult for the public to use and obtain, the issuance of coins is still easy to obtain. PI network aims to realize a low-access and low-cost cryptocurrency network that one person can participate in. Users only need to download PI software to start mining, and all coins are dug by users themselves.

1. Generally speaking, issuers have two options to convert their issuance into real money: buying goods and services directly. PI network is building a peer-to-peer market where members can remit money directly to buy goods and services. Exchange government-issued currencies, such as US dollars, euros and RMB, at cryptocurrency exchange. Matters needing attention about coin distribution mining are as follows: The total output of coin distribution is determined by users all over the world. The user's mining rate will be halved every 10 times until there is no output. After the mining starts, users can invite friends to dig together to speed up the mining progress.

2。 When you dig coins, you must ensure that one person has one machine. Don't open a separate account. Please do not switch multiple accounts on the same mobile phone. Be sure to complete the mobile phone verification, otherwise the excavated pi coins will be destroyed before the transaction. In the authentication process, the coin issuing platform will disclose personal information such as ID card, bank card and mobile phone number, which is a potential safety hazard and needs careful consideration by users. The coin issuing platform is essentially an e-commerce platform. He said that making money is making money, and money is worth one yuan.

But because of its consumption value, if it can be circulated, it can still be played. You can also become a businessman like Taobao and settle down. Pai coins are used to download the novel you want to download. This is a local download, and you don't need a download tool. You can also keep pets or other things, increase your skills or other things, and the rest are useless. Pat coins can also be used to write books or exchange prestige. Some dishes, such as "Mei Dan", need prestige to enter. Pai coin is a new cryptocurrency, which was created by a doctoral team at Stanford University. This is an opportunity for ordinary people to make money.

4. Friends who send coins can download the Pai coin application on their mobile phones to dig coins for free. According to media reports, many people in the currency circle think that the expansion model of currency issuance is very similar to pyramid schemes. However, it is not certain whether this coin is an "air coin", but it is not recorded in the official website. This is a fact. Investors must remain vigilant. This internal organization deceives people to trade with each other and converts these counterfeit virtual currencies into cash. Basically, it is robot trust companies that charge high prices.