Mainnet Countdown to June 1, 2024: Pi's Consensus Value Set at $314.159 on Global Exchanges
Since its launch, Pi Network has undergone several development phases:
Beta Phase (2019-2020): This phase introduced the concept of mobile mining, attracting many early adopters.
Testnet Phase (2020-2022): This phase involved network testing and refining the consensus algorithm.
Mainnet Phase (2024): The Mainnet launch will mark the transition to a fully decentralized and autonomous network.
Pi's Consensus Value on Global Exchanges
In a recent announcement, Pi's consensus value has been set at $314.159 across various global exchanges. This symbolic figure reflects the mathematical value of Pi (π), approximately 3.14159. Contrary to many traders' expectations, this value will not increase. Establishing a consensus value is a strategic move to stabilize prices and avoid the excessive volatility often seen in cryptocurrencie.
