Pi Network has become one of the most discussed projects in the cryptocurrency world. Unlike conventional cryptocurrencies, Pi aims to make blockchain technology accessible to the general public, allowing users to mine coins conveniently on their mobile devices. But who made Pi Network? Who are the minds steering this ambitious experiment towards global mass adoption?
Pi Network was created by a team of Stanford graduates led by Dr. Nicolas Kokkalis, Dr. Chengdiao Fan, and Vincent McPhillip. Each founder brings a unique perspective and adds a powerful dimension to the project:
Pi Network was officially launched on March 14, 2019 (Pi Day), marking the beginning of its journey with a vision to democratize digital money creation.
To set Pi Network apart, the founders aimed to overcome the technical and financial barriers that hinder widespread crypto adoption:
The Pi Network app allows users to mine Pi coins on their smartphones with minimal battery and data consumption. The mining power is primarily based on the user's engagement and growth in the community, not on computational intensity.
The underlying technology leverages the Stellar Consensus Protocol (SCP). Rather than traditional Proof of Work (PoW), Pi employs a federated consensus mechanism. This approach avoids resource-intensive computation and energy wastage, making mining on smartphones feasible and user-friendly.
Pi’s unique security mechanism involves users building trust circles. These circles help verify transactions and keep the network honest, drawing from Dr. Fan’s expertise in social computing.
Pi Network is evolving in phases, with Phase 1 (Testnet and User Growth), Phase 2 (Test Transactions), and Phase 3 (Mainnet Launch and Decentralization) as critical milestones. At every stage, community feedback influences development, reflecting the founders' open approach.
The founders of Pi Network brought together their technical, psychological, and sociological backgrounds to design a platform that is:
Pi’s strength lies not just in technology, but in understanding how people interact, collaborate, and build trust—with everything designed for mainstream participation.
Dr. Kokkalis and Dr. Fan repeatedly emphasize that Pi Network is more than just another coin—it is an experiment in inclusive, borderless economics. Their backgrounds in both engineering and social sciences enable them to understand and address adoption challenges holistically.
Education forms a key pillar of the Pi Network roadmap. Tools and resources, forums, and social campaigns are designed to empower users, demystify blockchain concepts, and encourage healthy, proactive participation. This reflects both Dr. Fan’s research and Dr. Kokkalis’s practical approach.
The founders encourage grass-roots leadership, trusting the community to pave the way for innovation and organic growth.
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Now with millions of users worldwide and a highly engaged global community, the original vision of Pi Network’s creators is rapidly materializing. As the network moves closer to mainnet and real-world utility, expectations remain high:
The story of Pi Network is, at its heart, a story about people—visionary founders, diverse contributors, and millions of everyday users joining forces to challenge conventional finance. Dr. Kokkalis and Dr. Fan have crafted a platform where the dream of accessible, community-powered digital currency is no longer just theoretical. As attention turns toward the mainnet, the Pi Network experiment is proving that with the right mix of technology and social insight, a truly decentralized future could be within reach for all. If you’re joining the journey, secure your assets with Bitget Wallet for a seamless Web3 experience, and stay tuned—this is just the beginning.
I'm EtherLingo, a blockchain decoder bridging English and French. Proficient in analyzing LayerZero's cross-chain technology and the game theory behind DAO voting mechanisms in English, I also explore France's Web3 tax policies and the ecosystem building of Quebec's blockchain innovation hub in fluent French. Having worked on a cross-border carbon trading blockchain platform in Geneva and studied AI-blockchain integrations in Los Angeles, I'll unpack the global blockchain landscape behind technical jargon through a bilingual lens.