Pi Network : A Beginner's Guide and Introduction

Preface

Pi Network is an emerging cryptocurrency that aims to make it easy for everyone to participate. Through simple mobile operations, users can start mining Pi coins immediately.

What is Pi Network?

Pi Network was founded in 2019 by three doctoral students from Stanford University. The goal is to allow ordinary people to participate in the world of cryptocurrency. Unlike traditional cryptocurrencies such as Bitcoin that require high-performance devices for mining, Pi Network allows users to mine through smartphones, significantly reducing the entry barrier.

How to start using Pi Network?

1. Download and install the Pi Network application

• Android users: Go to the Pi Network official website to download the APK file, or search for Pi Network directly on Google Play Store to download.
• iOS users: Due to regional restrictions, you may need to use an overseas Apple ID to log in to the App Store, and then search for Pi Network to download.

2. Register an account

• Register using phone number: After opening the app, select “Continue with phone number”.
• Select Country/Region: Choose your country/region from the dropdown menu.
• Enter phone number: Enter your phone number, and then click “Continue”.
• Set Password: Create a secure password and confirm it again when prompted.

3. Set personal information

• Name: Enter your real name, which is very important for future Know Your Customer (KYC) verification.
• Username: Choose a unique username, which will be the name used when other users add you as a member of their security circle.
• Invitation code: If you have a friend’s invitation code, please enter it here. If not, you can also search for publicly available invitation codes online.

Start mining.

• Start mining: After registration is completed, click on the lightning icon in the main interface to start mining.
• Daily verification: Open the app every 24 hours and click the lightning icon to continue mining.

Security circle and mining speed

In Pi Network, establishing a security circle can increase the mining speed of users. A security circle is composed of trusted users, usually friends or family members of the user. Adding more trusted members to the security circle can improve mining efficiency.

Pi Browser and Wallet Settings

Pi Network provides a dedicated Pi Browser that allows users to access decentralized applications (DApps) and set up wallets.

1. Download Pi Browser

• In the Pi Network app: Click on the three horizontal lines in the top left corner of the main interface, and select “Pi Browser”.
• Follow the prompts: download and install the Pi Browser application.

2. Create Pi wallet

• Open Pi Browser: Launch the application and select “Wallet”.
• Set up wallet: Create a wallet and back up the private key as instructed. Please be sure to keep the private key safe to avoid loss.

Note

• Beware of scams: Pi Network will not ask users to pay any fees, please be vigilant against any requests for money from users.
• Regular Backup: Regularly backup wallet private keys to ensure asset security.
• Stay active: Regularly participate in mining and community activities to earn more Pi coins.

Summary

This article provides a comprehensive beginner’s guide to Pi Network, from project background to practical operations, helping newbies quickly understand and participate in this emerging cryptocurrency project. Pi Network, with its low threshold, low energy mining model, allows ordinary users to easily participate in the world of cryptocurrency through their mobile phones. Through a simple download, registration, and setup process, users can quickly start mining. By building a secure circle and using the Pi Browser to enhance mining efficiency and experience, the article also emphasizes the importance of security and fraud prevention, reminding users to regularly back up their wallet private keys and stay actively involved to ensure asset security and maximize profits. With the continuous development of Pi Network, its decentralized vision and community-driven model provide new possibilities for the future of cryptocurrency.