Recently, Cointelegraph (one of the most famous cryptocurrency news channels in the world) stated that the crypto market is facing challenges in connecting DeFi with the traditional system in the context of a digital transformation. Additionally, there are issues like slow transactions, high costs, and too many intermediaries.

💥So, what problem does Pi Network solve?

As far as I know, Pi is a DeFi web3 platform that is very suitable for this context, the reasons are:

👉First, we must mention the conversion mechanism; Pi has integrated various "currencies, banks, systems, and payment standards" worldwide into the AI-Web3 Blockchain. No other currency has achieved what Pi has. Pi is the best choice for this transition.

👉The issue (cost, transactions): As far as I know, Pi uses the SCP - Stellar Consensus Protocol, so soon the transaction fee will be around 0.000009. As of now, only Pi and XLM have the lowest costs that meet this requirement.

Moreover, when Pi uses SCP, the speed reaches about 70k transactions per second, which absolutely dominates compared to BTC, ETH, DOGE, RIPPLE, TRX, VISA, which have speeds of 7, 20, 33, 1.5k, 2k, and 24k transactions per second, respectively.

👉The intermediary issue: Pi has over 200k nodes spread globally, and as Pi is building a widely popular peer-to-peer ecosystem, this issue is also dominated and more reputable compared to other competitors.

⛔️The above is an article evaluating from a personal perspective, and I do not like FOMO or pampering anyone; if someone has something to say, I speak frankly, and I evaluate Pi as the king of "currencies." If anyone finds a currency superior to Pi, please feel free to enlighten me.