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Pi Network Price
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BitScreener, Last online: 1 month ago

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How Pi Network's Value is Determined

Unlike traditional cryptocurrencies that rely on mining to secure the network and verify transactions, Pi Network uses a unique consensus algorithm called the Stellar Consensus Protocol (SCP). This algorithm allows users to mine Pi coins directly from their smartphones without draining the device's battery or consuming excessive amounts of energy.

The value of Pi Network is determined by a variety of factors, including its utility, scarcity, and demand.

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    Jun 2024
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