What is Pi Network? — A Complete Guide (2025) Introduction Pi Network is a cryptocurrency platform aimed at bringing blockchain technology to the masses. The unique aspect of Pi Network is that it allows users to mine cryptocurrency using their smartphones, providing an easy way for people to participate in cryptocurrency without the need for expensive mining hardware. Pi Network was launched in 2019 and is backed by a strong and growing community that is working to turn it into one of the largest cryptocurrency networks in the world. History of Pi Network 1. The Beginning of Pi Network Pi Network was launched in 2019 and was founded by three distinguished professors: Nikolaos Drakos , Chou Wen Kee , and Sina Masoud . Their goal was to make blockchain technology accessible to more people so that anyone could participate in cryptocurrency, regardless of their technical expertise. 2. Purpose of Pi Network The primary objective of Pi Network was to simplify the use of cryptocurrenc...
What is Solana? — A Comprehensive Guide (2025) Introduction Solana is a fast, low-cost, and scalable blockchain that promises to revolutionize the cryptocurrency world. Its goal is to solve problems such as scalability, transaction speed, and fees that are prevalent in many existing blockchain networks. Solana is designed specifically for DeFi , NFTs , and DApps , and was founded in 2020. What sets it apart is its unique use of Proof of History (PoH) and Proof of Stake (PoS) mechanisms, which make it faster and more affordable than most other blockchains. Solana's History 1. Creation of Solana Solana was created by Anatoly Yakovenko , a former Qualcomm engineer. Based on his experience, Yakovenko decided to develop a blockchain that would be scalable, fast, and low-cost. 2. Early Development Solana’s early development involved contributions from experts like Greg Fitzgerald and Raj Gokal , who aimed to bring a new wave of innovation to blockchain technology. Key Features of ...