Prologue

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<h3 data-start=”0″ data-end=”24″><strong data-start=”4″ data-end=”22″>The Final Plan</h3>
<h4 data-start=”26″ data-end=”48″><strong data-start=”31″ data-end=”46″>The Paradox</h4>
<p data-start=”50″ data-end=”224″>In 2009, Bitcoin emerged as the world’s first decentralized currency, designed to eliminate control by banks and governments. However, over time, it faced two major issues:</p>

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<li data-start=”226″ data-end=”351″><strong data-start=”228″ data-end=”262″>Centralization of Mining Power – Mining pools consolidated power, contradicting Bitcoin’s vision of decentralization.
<li data-start=”352″ data-end=”449″><strong data-start=”354″ data-end=”380″>High Transaction Costs – Fees and energy consumption made small transactions impractical.

<p data-start=”451″ data-end=”708″>Satoshi Nakamoto disappeared from public view in 2011, but a theory emerged within cryptographic circles—he never truly vanished. Instead, he was secretly developing a new type of cryptocurrency to fix Bitcoin’s flaws. This project was code-named: <strong data-start=”699″ data-end=”705″>Pi.</p>

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<h4 data-start=”715″ data-end=”781″><strong data-start=”720″ data-end=”779″>A Cryptographic Breakthrough: The Trust Graph Consensus</h4>
<p data-start=”783″ data-end=”1033″>Bitcoin relies on Proof-of-Work (PoW), requiring miners to solve SHA-256 hashes to compete for transaction validation. In contrast, Pi Coin utilizes <strong data-start=”932″ data-end=”957″>Trust Graph Consensus, a system based on <strong data-start=”977″ data-end=”1008″>“social trust verification”, operating as follows:</p>

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<li data-start=”1035″ data-end=”1168″><strong data-start=”1037″ data-end=”1067″>Social Network Trust Chain – A user’s validation power is tied to their “social trust,” reducing mining centralization risks.
<li data-start=”1169″ data-end=”1351″><strong data-start=”1171″ data-end=”1214″>Randomized Multi-Signature Verification – Transactions must be verified by multiple randomly selected nodes rather than a single mining pool, enhancing censorship resistance.
<li data-start=”1352″ data-end=”1495″><strong data-start=”1354″ data-end=”1388″>Low-Energy Consensus Mechanism – Instead of costly mining hardware, it relies on distributed verification, improving energy efficiency.

<p data-start=”1497″ data-end=”1664″>This means that <strong data-start=”1513″ data-end=”1585″>the more real users participate, the more secure the network becomes, eliminating the need for high computational power competition like Bitcoin.</p>

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<h4 data-start=”1671″ data-end=”1720″><strong data-start=”1676″ data-end=”1718″>The Mysterious Code: Who Is Behind It?</h4>
<p data-start=”1722″ data-end=”1812″>When cryptographers examined Pi Network’s technology, they discovered several anomalies:</p>

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<li data-start=”1814″ data-end=”1964″>Pi Coin’s core code contains an <strong data-start=”1848″ data-end=”1894″>Elliptic Curve Cryptography (ECC) function, strikingly similar to early Bitcoin cryptographic implementations.
<li data-start=”1965″ data-end=”2118″>One of the public key hashes partially matches the <strong data-start=”2018″ data-end=”2043″>Bitcoin Genesis Block address, an occurrence statistically impossible under random conditions.
<li data-start=”2119″ data-end=”2330″>Pi Network’s whitepaper includes a crucial formula involving <strong data-start=”2182″ data-end=”2201″>3.1415926535…, not only the mathematical constant π but also a key number used in certain cryptographic random number generation algorithms.

<p data-start=”2334″ data-end=”2554″><em data-start=”2334″ data-end=”2552″>”The Pi Coin code contains an encrypted public key, and if you decode it using a certain special method, you will discover that its corresponding private key… is the private key of Bitcoin’s Genesis Block address.”</p>

<p data-start=”2556″ data-end=”2666″>These findings led some experts to suspect that <strong data-start=”2604″ data-end=”2663″>Satoshi Nakamoto may be connected to Pi Coin’s creation.</p>

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<h4 data-start=”2673″ data-end=”2733″><strong data-start=”2678″ data-end=”2731″>Conclusion: The Ultimate Form of Decentralization</h4>
<p data-start=”2735″ data-end=”3011″>Bitcoin demonstrated the possibility of decentralized currency, but its control remains concentrated in the hands of a few. Pi Coin seeks to evolve this vision further, aiming for a system where <strong data-start=”2930″ data-end=”3008″>anyone can participate, with no costly barriers, and true decentralization.</p>
<p data-start=”3013″ data-end=”3131″>Yet, the biggest mystery remains: If Pi Coin’s technology is so closely linked to Bitcoin, <strong data-start=”3104″ data-end=”3129″>who truly created it?</p>
<p data-start=”3133″ data-end=”3165″>Has Satoshi Nakamoto returned?</p>

<p data-start=”3169″ data-end=”3252″ data-is-last-node=””><em data-start=”3169″ data-end=”3252″ data-is-last-node=””>”It has been activated. The future of currency will no longer belong to the few.”</p>

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