Pi Network introduces cross-chain bridge

A team of New Zealand developers recently introduced an entirely new concept to the Pi Network community: blockchain bridges.

The project, called PiBridge, aims to develop a link gateway between Pi and other networks, starting with one of the most popular ones, the Binance Smart Chain. The bridge is scheduled to launch in September, according to the company. press release.

untrusted gateway

The trustless gateway Pibridge removes the barriers between the Pi network’s blockchains and other blockchains, providing Pi users with new transparent and permissionless financial tools, making Pi approachable and accessible to the public. to

Pi Bridge allows Pi owners to freely move and stream data between networks.

Advantages of Blockchain Bridge

One of the benefits of blockchain bridges is the ability to access farming and staking, e-commerce, fundraising, lending, crypto exchanges, and other platform features.

This app simulates the mining process according to the Pi Core Team (PCT) during the beta stage of the project. Once the Pi mainnet is launched, users will be able to participate in block verification and will be rewarded with Pi tokens.

With this launch, users will be able to use Pi tokens. Many marketplaces will soon start accepting payments in Pi tokens.

About Pi Network

The Pi Network was created in 2018 by a team of Stanford University alumni to make cryptocurrencies easily accessible to the general public. Mining Pi crypto is easy.

It can run on any mobile or desktop device without the need to consume a lot of energy or equip a powerful computer. Network participants can mine her Pi on their phones, introduce new members, and run nodes on their PCs.

As of 2022, Pi Network has a strong active user community of 35 million, most of whom are mining native tokens on their mobile phones.