Posted on

The Pi Network Reached 21M Users

the staff of the Ridgewood blog

Ridgewood NJ, in a major milestone the Pi Network reached 21M users on 7/20/2021 (859 days after launch on Pi Day 3/14/2019). If growth continues at this rate we will reach 100M in 341 more days on 6/26/2022). Of course, this rate can change, for example, any positive news could accelerate things. Also, according to the graphic posted by the developers the mainnet launch should happen well before reaching 100M – it can happen whenever it is ready.

Pi Network is a digital currency project that aims to keep crypto mining accessible as the centralization of the first generation of currencies like Bitcoin has put them out of reach of everyday users. The Pi Network, developed by a team of Stanford graduates, enables users to mine coins using its mobile phone app, validating transactions on a distributed record.

If you are wondering how to buy Pi Coin for your portfolio, it is not yet possible. Users that have mined the Pi cryptocurrency will only be able to withdraw or exchange their coins during the third phase of the project when Pi moves to a completely decentralized blockchain. Pi cannot be transferred during the testing phase, to prevent fake accounts from accumulating coins, according to the project website. Pi wallet balances are expected to be honored when Pi shifts from the testnet to a mainnet, when the blockchain protocol comes out of development and is fully deployed.

If you want to claim your piece of the Pi, follow this link https://minepi.com/jamesfoytlin62 and use my username (jamesfoytlin62) as your invitation code.

Leave a Reply

Your email address will not be published.