The Final Plan

[R-2137]

Paradox

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:

• Centralization of Mining Power – Mining pools consolidated power, contradicting Bitcoin’s vision of decentralization.
• High Transaction Costs – Fees and energy consumption made small transactions impractical.

  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: Pi.

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  A Cryptographic Breakthrough: The Trust Graph Consensus

  Bitcoin relies on Proof-of-Work (PoW), requiring miners to solve SHA-256 hashes to compete for transaction validation. In contrast, Pi Coin utilizes Trust Graph Consensus, a system based on “social trust verification”, operating as follows:

  • Social Network Trust Chain – A user’s validation power is tied to their “social trust,” reducing mining centralization risks.
  • Randomized Multi-Signature Verification – Transactions must be verified by multiple randomly selected nodes rather than a single mining pool, enhancing censorship resistance.
  • Low-Energy Consensus Mechanism – Instead of costly mining hardware, it relies on distributed verification, improving energy efficiency.

    This means that the more real users participate, the more secure the network becomes, eliminating the need for high computational power competition like Bitcoin.

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    The Mysterious Code: Who Is Behind It?

    When cryptographers examined Pi Network’s technology, they discovered several anomalies:

    • Pi Coin’s core code contains an Elliptic Curve Cryptography (ECC) function, strikingly similar to early Bitcoin cryptographic implementations.
    • One of the public key hashes partially matches the Bitcoin Genesis Block address, an occurrence statistically impossible under random conditions.
    • Pi Network’s whitepaper includes a crucial formula involving 3.1415926535…, not only the mathematical constant π but also a key number used in certain cryptographic random number generation algorithms.

      ”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.”

      These findings led some experts to suspect that Satoshi Nakamoto may be connected to Pi Coin’s creation.

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      Conclusion: The Ultimate Form of Decentralization

      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 anyone can participate, with no costly barriers, and true decentralization.

      Yet, the biggest mystery remains: If Pi Coin’s technology is so closely linked to Bitcoin, who truly created it?

      Has Satoshi Nakamoto returned?

      ”It has been activated. The future of currency will no longer belong to the few.”

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