What is the PInetwork or PIcoin and better than Bitcoin?
- 공유 링크 만들기
- 이메일
- 기타 앱
Announcing the February #PiHackathon Winner
A new winner of the latest edition of the #PiHackathon has been crowned, and it is none other than Bharat Shopping Mart! This ecommerce app will be named as the February winner and take home the 10,000 Pi* reward.
Why We Chose Bharat Shopping Mart
What sets Bharat Shopping Mart apart from many other marketplace apps is its commitment to user experience and unique features and plans. With a functional design and a clear UI, navigating through the app is simple and intuitive. Furthermore, the app does not have intrusive ads, ensuring an uninterrupted and enjoyable shopping experience.
We are also happy to see the continued expansion of the global regions served by community marketplace apps; the Bharat Shopping Mart team hails from India, adding a special focus for this region. Focusing on second-hand items and local services, it is poised to provide Pioneers with several commerce-related experiences and use cases.
As the team behind Bharat Shopping Mart continues to build and enhance their app, the community eagerly awaits its deployment on Mainnet. We congratulate the team and look forward to the app’s continued development.
Join the Hackathon
For those inspired by Bharat Shopping Mart’s success and eager to join the #PiHackathon, the journey begins on the Pi Brainstorm app. Head over to get started, and dive into the world of innovation and creativity. Learn more about the hackathon and how you can participate here.
Bring your product to our community of over 55 million members, and win the Hackathon to obtain a 10,000 Pi reward!
*DISCLOSURE: To receive the prizes and awards specified in the Hackathon terms and conditions, winning teams, and each of their team members, are required to have adhered to all terms and conditions of the Hackathon, and must successfully complete Pi’s KYC verification process in order to migrate the Pi prize to the Pi Mainnet. In the event that a winning team, or one or more team members, fail to adhere to the terms and conditions, they will not be eligible to receive the applicable award, and will be disqualified as a winning team for the Hackathon.
© 2024 SocialChain Inc. | All rights reserved.
The **Pi Network** is a digital currency platform that allows users to mine cryptocurrency on their mobile phones without draining the battery. It was launched on March 14, 2019, and employs a consensus mechanism known as the **Stellar Consensus Protocol (SCP)**. The Pi Network is designed to be accessible and user-friendly, aiming to include as many people as possible in the cryptocurrency revolution. As of now, it is still in the enclosed mainnet phase, which means it's not yet open to the public for trading on cryptocurrency exchanges.
Comparing Pi Network to **Bitcoin**, there are several key differences:
- **Mining Process**: Bitcoin mining requires significant computational power and energy consumption, while Pi Network allows users to mine on their phones with minimal energy use.
- **Accessibility**: Pi Network is designed to be more accessible to the general public, especially those without specialized mining equipment¹.
- **Market Position**: Bitcoin is well-established and widely accepted as a payment method and investment asset, whereas Pi Network is still developing its ecosystem and is not yet listed on exchanges.
Whether Pi Network is "better" than Bitcoin depends on the criteria used for comparison. Bitcoin is the first and most well-known cryptocurrency, with a proven track record and widespread acceptance. Pi Network, on the other hand, is aiming to make cryptocurrency mining more accessible and less energy-intensive. However, its long-term success and value remain to be seen, as it has not yet reached the same level of adoption and recognition as Bitcoin.
It's important to conduct thorough research and consider the potential risks when dealing with any cryptocurrency. Keep in mind that the cryptocurrency market is highly volatile and speculative, and values can fluctuate widely.
- 공유 링크 만들기
- 이메일
- 기타 앱