Posts

Showing posts with the label Genesis Block

Is PI Networks Legit or Scam? Here is what you need to know about PI Networks

First and foremost, what is PI Networks? PI Networks is a cryptocurrency project launched in March 14, 2019 by four individuals (professor and graduates of Stanford University), Nicolas Kokkalis Ph.D. (Computer Science), Chengdiao Fan Ph.D. (Computer Science), Vince McPhilip M.B.A., and a visiting student researcher AurĂ©lien Schiltz. According to the PI Networks' Core team, they made PI Networks for smart phone users, increasing its accessibility. Well, let's better dig into Pros and Cons of PI Networks first. PROS: It’s free! No upfront costs. Very little risk, if none at all. It’s the possibility of being a pioneer in something potentially much bigger. The app don't even need to always open. Just click Mine button once every 24 hours and that's it. It’s fun! CONS: New, uncertainty if it’ll ever really take off. You’ll get a lot of halfhearted miners who will stay for only a few days or forget to refresh. Frustrating not getting something that you can sell immediately ...