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PI NETWORK Roles

FAQ & Roles /video included

By Haris HadzicPublished 3 years ago 5 min read
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Future starts with PI

As this is our second story wrriting about Pi Network.

In this one we will focus on basic questions and answers asked so far.

The most of them can be found on their offical page minepi.com and after you read it all if you have any more questions related to Pi you can join the chat inside your Pi app,

select language of chat you'll like to join and ask Moderators.

Default language chat is English but there are many more different chat rooms so probably you'll find your nation chat.

People who have a M badge are Moderators and they are there to help,guide and keep an eye on the chat.'

So try to read White Paper and FAQ before asking a question,because answers on basic questions are already wrriten.

Thats why we will go trough some of them today.

Disclaimer: Pi is NOT free money.

Pi is NOT free money. It is a long-term project whose success depends on the collective contributions of its members.

Pi is dedicated to helping everyday people capture more economic value that today goes to banks, technology giants (e.g., Facebook, Amazon), and other intermediaries. Pi depends on the collective contributions of its members. If you are looking for quick money, look elsewhere.

Is this real? Is Pi a scam?

Pi is not a scam. It is a genuine effort by a team of Stanford graduates to give everyday people greater access to cryptocurrency.

Pi’s core team is led by two Stanford PhDs and one Stanford MBA, all of whom helped build Stanford’s blockchain community. We cannot guarantee that the project will succeed. However, we do promise to work our hardest to make our shared dreams a reality, while maintaining the highest standards of integrity. You can learn more about us in “Core Team” page in the main menu of the app

Is this app a wallet? Will we hold our own private / public keys? And can we use an external wallet to hold our Pi in the future?

Yes, your phones will serve as a cryptocurrency wallet that will be linked to your current accounts (number / Facebook).

Like with any other public blockchain, Pi’s blockchain will also allow in-app/external wallets to hold Pi and transact with it, by submitting transactions to the blockchain directly. This is a functionality that we have currently scheduled to be provided on the Phase 3 of the project. (as a reminder we are now on phase 1 - distribution of the currency - we will then launch a Testnet as phase 2, and phase 3 is when our mainnet will be live). During phase 3 of the project, you will also have the option to take full ownership of your private / public keys.

Pi aims to be much more accessible to everyday people which is why we are trying to build this integrated interface. We’ve chosen this phased implementation to make it easier for everyday people to use. We are still in our early days, and are excited for the road ahead of us

The next Questions i want to talk about are the roles inside Pi network

As there are 4 roles that Pionner can accomplish.

Pioneer,Contributor,Ambassador and Node.

ROLES

1.) What is Pioneer role?

How do i become a Pioneer?

By downloading the Pi app and clicking on green lighting you are already achived your first role as a Pioneer inside Pi community.

2.)What is the Contributor role? How do I become a contributor?

Becoming a Contributor allows you to earn more Pi by building a security circle of 3-5 trusted members.

Pi’s Contributor role becomes unlocked for users after you’ve finished 3 mining sessions as a Pioneer. After 3 days of mining, you will see a new icon of the security circle on the home screen of the app which you can click to start. To become a contributor, you need to add 3-5 people who you trust to your security circle.

What are security circles

Related to Contributor

Security circles are groups of 3-5 trusted people built by each of Pi’s members. Security circles secure the currency by building a global trust graph that prevents bad actors from executing fraudulent transactions.

3.)What is the Ambassador role? How does the earning team work?

As an Ambassador, you earn up to a 25% bonus on your base mining rate for each person you invite to the network.

You become an Ambassador when new members join your earning team by using your invitation code when they sign up for Pi Network. Each member of your earning team provides a 25% boost to your earnings when they are actively mining. A new member can only be added to their inviter’s earning team, because each member only joins Pi once using one inviter’s invitation code. In other words, unlike the security circles where people can be added into multiple member’ circles based on trust, earning teams are fixed based on who invited whom. Each invitee in the world can only be claimed by one inviter.

4.)What is the Node role?

A user who is a pioneer, a contributor using the Pi mobile app, and is also running the Pi node software on their desktop or laptop computer. The Pi node software is the software that runs the core SCP algorithm, taking into account the trust graph information provided by the Contributors.

Like i said we will share some of basic question so we can focus on others parts of Pi Network.

You can always use my invitation username to join fast growning network from link below

Next time we will hear more about Pi Network Market as the future foundation of Pi cryptocurrency value

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About the Creator

Haris Hadzic

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