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How to connect your pi app with pi browser
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*What* *is* *Pi?*
Pi was conceived with the vision of re-democratizing access to cryptocurrencies and making them accessible for anyone to mine with equipment that’s easily available – a smartphone.
The project achieves this by using a variation of the Federated Byzantine Agreement (FBA), devised by the scientists behind the Stellar blockchain. Whereas proof of work and the many variations on proof of stake rely on the idea of one miner or validator becoming the “leader” by proposing a block for consensus, the FBA operates using a different approach.
Rather than nominating a leader, this consensus model depends on nodes reaching consensus over a particular block through a series of voting through exchanging messages. A widely known type of algorithm that uses such a mechanism to reach consensus is Byzantine Fault Tolerance (BFT), which is implemented in various blockchains, including Ripple, Hyperledger Fabric, and Zilliqa. However, one criticism of BFT consensus models in general is that they have a point of centralization because the system creator centrally determines the set of nodes participating in the voting quorum at genesis.
To overcome the centralization risk, Pi uses the additional layer of FBA which allows each node to set their own “quorum slices” in a decentralized manner. This feature enables nodes to determine for themselves whether or not to trust other nodes, rather than relying on a central authority to do so.
Because the messaging involved in voting is relatively lightweight, particularly compared to proof of work, Pi’s consensus algorithm consumes very little energy.
Join Pi Network under my team get 25% of base mining rate perday, it will your 100% verified balance as i am a kyc verified poineers. Don't miss out this bussines opportunity.
Experience the 4th industry's Blockchain technology through easy installation
To join Pi project
Or
InvitationCode is *Mithwani* where M is capital
Note. Without invitation code you can't join this project and there is no investment of money.
Pi was conceived with the vision of re-democratizing access to cryptocurrencies and making them accessible for anyone to mine with equipment that’s easily available – a smartphone.
The project achieves this by using a variation of the Federated Byzantine Agreement (FBA), devised by the scientists behind the Stellar blockchain. Whereas proof of work and the many variations on proof of stake rely on the idea of one miner or validator becoming the “leader” by proposing a block for consensus, the FBA operates using a different approach.
Rather than nominating a leader, this consensus model depends on nodes reaching consensus over a particular block through a series of voting through exchanging messages. A widely known type of algorithm that uses such a mechanism to reach consensus is Byzantine Fault Tolerance (BFT), which is implemented in various blockchains, including Ripple, Hyperledger Fabric, and Zilliqa. However, one criticism of BFT consensus models in general is that they have a point of centralization because the system creator centrally determines the set of nodes participating in the voting quorum at genesis.
To overcome the centralization risk, Pi uses the additional layer of FBA which allows each node to set their own “quorum slices” in a decentralized manner. This feature enables nodes to determine for themselves whether or not to trust other nodes, rather than relying on a central authority to do so.
Because the messaging involved in voting is relatively lightweight, particularly compared to proof of work, Pi’s consensus algorithm consumes very little energy.
Join Pi Network under my team get 25% of base mining rate perday, it will your 100% verified balance as i am a kyc verified poineers. Don't miss out this bussines opportunity.
Experience the 4th industry's Blockchain technology through easy installation
To join Pi project
Or
InvitationCode is *Mithwani* where M is capital
Note. Without invitation code you can't join this project and there is no investment of money.
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