Deep Dive
1. Purpose and value
Pi Network aims to lower barriers to joining a crypto network. Its app lets users participate from a phone, while the project describes contributions such as helping secure the blockchain, growing trusted connections, running a node, and using apps in the ecosystem (Pi Network FAQ).
“Mining” here does not mean a phone performs the intensive calculations used in Bitcoin mining. The app is a mobile entry point for participating in the network.
2. Technology and uses
PI is the network’s native digital currency, intended for payments and activity in Pi’s apps. Pi’s Open Network launched in February 2025, enabling connections beyond the previously more restricted network; however, app and merchant use remains dependent on actual participation and acceptance (CMC overview).
The blockchain uses desktop nodes to help validate transactions. Pi’s node model is based on the Stellar Consensus Protocol, where groups of trusted nodes coordinate to agree on transactions (Pi nodes overview).
Conclusion
Pi is both a mobile-oriented cryptocurrency and the payment asset for a blockchain app ecosystem, with its long-term purpose tied to whether useful apps and payment activity grow. What kinds of everyday services will Pi apps make practical?
