What happened on the Pi Network this week – Friday, 07 October 2022

It’s been an action-packed week, and to be honest, Pioneers can’t wait to catch their breath.

We’ve gone through several highs and lows, and as usual, our eyes are still fixed on the prize – The lifting of the enclosed mainnet firewall.

Without further ado, here’s a recap of what happened on the Pi network this week.

Pi Network goes back to where it all started – Stanford University

If you can remember, all members of the Pi Core Team were Ph.D. grads at the prestigious Stanford University. As luck would have it, they decided the best place get the new hands for the project is where it all started.

For that reason, they decided to have a stand at the Stanford University career fair.

Ideally, a career fair is an event where companies, and recruiters, seek highly skilled and employable applicants for immediate job opportunities or openings.

And in this case, the applicants are for the Pi Network.

This is a pointer that the Pi Core Team has some amazing things in store for us.
Let’s keep our fingers crossed, shall we?

Dr. Nicholas Kokkalis talks about Pi Network at Tech-talk, Stanford University

The PR for the Pi Network is in high gear as Dr. Nicholas Kokkalis discusses how various consensus mechanisms attain decentralized security. He also compares their weaknesses and strengths.

Most importantly, he explains how the Pi Network uses Federated Byzantine Agreement to achieve a secure crypto to power the network of over 35 million users.

Base Mining rate decreases again for the month of October, making Pi mining harder than ever.

It’s a new month.

Except you’re new to the network, you know what it means – another base mining rate decrease.

Now, the base mining rate decreased by 3.2%, leaving it at 0.0150 π/hr

That means you can only mine 0.36 π per day.

And it’ll take you 2 days and 7 hours to mine 1π.

Ladies and gentlemen, hold on to your Pi for dear life. Mining just got harder.

New sign-ups no longer need a referral code to join the Pi Network.

Many people have complained that using a referral code from an existing Pioneer made the project feel like an advanced MLM scheme.

From the look of things, it seems the Pi Core Team has made moves to rectify it.

Now, new signups can start mining without having to use a referral code.

This means we may see an increase in the number of new signups to the network.

Let’s welcome them in advance.

The more Pioneers on the network, the merrier.

Pioneers in India are taking things to the next level

The beauty of Pi is the spirit of community it fosters, and we’re proud of our Indian family taking things to the next level.

They had their first Pi meetup, and from the looks on their faces, you can tell it was amazing.

Kudos to all Indian Pioneers.

Pioneer get their account frozen for 100 years for violating the Network’s rules.

One thing we have to give to the PCT and moderators of the Pi platform is that they are always proactive.

In more ways than one, they’ve stated that Pioneer found wanting or disobeying the rules guiding the platform will be penalized.

Unfortunately, this user found themselves on the wrong side of the law.

And as you can tell from the tweet, they paid heavily for it.

They were banned till 2122, that’s a 100 years.

On the flip side, they should consider it as generational wealth for their kids because I’m sure Pi would have appreciated to $1,000,000/1π by then.

Malaysia holds Pi Barter Carnival at the Pi World Cafe

In order not to be left behind, the Malaysian Pioneer community decided to up their game by hosting their own event – the Pi Barter Carnival.

It was an amazing event and Pioneers used the opportunity to network with other Pioneers while promoting the ideals of the Pi Network.

Pioneers in India go on a sensitization rally for the Pi Network

One thing we have to give the Indian community of Pioneers is their dedication and resilience to promoting the Pi Network.

Due to this, they are currently known as the Rising Stars of the community. A title they duly deserve.

A quick look at the video will show you how happy they are and in truth, we’re lucky to have them on board.

PiChain Mall is gearing to launch for Pioneers in Rwanda and Nigeria

It’s barter season and some Pioneers can’t wait to start exchanging their Pi for goods and services.

Although, the PiChain Mall has launched in some countries already, they don’t have a notable presence in Africa yet.

In that regard, news reaching us is that they’re about to launch in Rwanda and Nigeria – some of the top countries on the continent.

If you are a Pioneer in this region, don’t miss out on this.

A compilation of Pi base mining rate reduction so far

If you are wondering how many percent the base mining rate has been reducing since June, this tweet will give you an idea.

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