Pi Network is a cryptocurrency project that aims to make cryptocurrency mining more accessible to everyday users. Unlike Bitcoin, which requires powerful hardware to mine, Pi Network can be mined on smartphones. Here's a breakdown of what it is and how it works: * **Concept:** Pi Network aims to create a cryptocurrency that is easy to use and mine, making it more accessible to a wider audience than traditional cryptocurrencies like Bitcoin. * **Mining Process:** Pi mining is done through a mobile app. Users "mine" Pi by pressing a button in the app once every 24 hours. The app does not drain significant battery power or use much data, as the mining process primarily relies on verifying users' trustworthiness within the network. * **Security Circles:** Pi Network uses a "security circle" concept. Users add trusted individuals to their security circle, which helps create a global trust graph. This trust graph is used to secure the Pi Network'...