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What is the relationship between stellar lumens and pi coins?

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2024-05-09 16:59:281082browse

Stellar Lumens and Pi Coins are both cryptocurrencies, but have different origins and functions. Stellar is a distributed ledger technology platform used for cross-border payments and asset tokenization; Pi Coin aims to be a cryptocurrency for everyday use, supported by users’ computing power and participation contributions. In addition, Stellar is a mainstream cryptocurrency, while Pi Coin has not yet been listed and is mainly circulated through its community ecosystem.

What is the relationship between stellar lumens and pi coins?

The relationship between Stellar Lumens and Pi coins

Stellar Lumens (XLM) and Pi coins (π) Both are cryptocurrencies, but they differ in their origins, functionality, and value.

Origin

  • Stellar: Created in 2014 by Jed McCaleb and Joyce Kim.
  • Pi Coin: Created in 2019 by Nicholas Kokkalis, a PhD student at Stanford University.

Features

  • Stellar Lumens: A distributed ledger technology platform for cross-border payments and asset tokenization.
  • Pi Coin: Designed to be a cryptocurrency for everyday use, supported by users’ computing power and participation contributions.

Value

  • Stellar Lumens: Determined by market demand and supply, it is a mainstream cryptocurrency listed on major exchanges.
  • Pi Coin: Not yet listed, currently mainly circulated through its community ecosystem.

Other differences

In addition to the main differences mentioned above, Stellar Lumens and Pi coins also have the following differences:

  • Consensus Mechanism: Stellar uses Byzantine Fault Tolerance (BFT), while Pi uses Distributed Ledger Technology (DLT) and Federated Byzantine Fault Tolerance (fBFT).
  • Block Time: The block time of Stellar is about 5 seconds, while the block time of Pi Coin is longer, about 5 minutes.
  • Transaction Fees: Stellar has low transaction fees, while Pi Coin has zero transaction fees.
  • Supply: The total supply of Stellar Lumens is 50 billion XLM, while the total supply of Pi Coins has not yet been determined.

Overall, Stellar Lumens and Pi Coin have different origins, functions, and values, and they are both unique projects in the cryptocurrency space.

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