Whitepaper: December 2021 Chapters with March 2022 Rewards Issuance Formula
Token Model and Mining
Note: These 2021 Whitepaper chapters are an addendum to the original 2019 Whitepaper, with additional information on Pi Network’s Mainnet launch.
Token Model and Mining
A well thought-out, sound token design is critical to the success of a cryptocurrency network. It has the potential to create incentives to bootstrap network formation and growth, build a utilities-driven ecosystem, and thereby support the cryptocurrency underpinning such a system. What a network incentivizes says a lot about what a network