原文：
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BLUF:
I believe Pi Network is attempting to create a self-sustaining decentralized global ecosystem detached from fiat. Down below I'll explain the progression of my understanding of Pi and how my involvement in their hackathon has influenced my thoughts on the currency.
General Consensus in Cypto Communities:
The general consensus around Pi Network in r/CC has been negative (posts about Pi are banned now). Some of the most convincing arguments of it being a "scam" is the fact that you need an invitation from an existing member, and that your mining rate increases based on the number of successful referrals you make, which benefits early adaptors and active ambassadors of the project. How so many people over-emphasize the fact that the devs are Stanford Ph.D.s doesn't help either.
My Initial Introduction to Pi:
I mine Ethereum for fun on my gaming PC. It's a small amount, but it gives me enough money for snacks every month. One day I came across a YouTube video mentioning Pi and found out that I could mine Pi on my phone and all I had to do was tap a button every 24 hours. Sounds easy enough, why not? and I started mining Pi using my phone.
However, later I learned that Pi doesn't actually "mine" anything and its just a tracker. My best guess is that this is one of their mechanisms to ensure that there are no "bots" farming coins.
Learning More About Pi and What I Liked:
Anonymity in the crypto space is a double edged sword. While we retain our privacy in transactions, because we are anonymous there are a lot of scammers and illegal transactions that have a foothold in countless cryptocurrencies. Pi Network attempts to solve this issue by assigning only ONE account per verified individual. While you are not completely anonymous (because you need to complete a KYCa), our personal information remains anonymous in the eyes of other users in the network. Therefore, your identity is in fact the cumulation of your activities on the blockchain. This helps with Pi Network's aim of building a meritocratic economy, because your identity****b and activities live on Pi's blockchain.
a. KYC is in fact common practice in many Crypto Exchanges (e.g., Binance)
b. Not your real identity but the cumulation of your activities in the ecosystem
Participating in the Pi Hackathon:
After joining the network, I learned about their hackathon with a $100,000 + 100,000 Pi prize pool. Being a developer, I couldn't pass up the opportunity to build something I've been wanting to build and get paid. One of the most important important factors of what make a cryptocurrency valuable is its use case. In the hackathon, there are literally thousands of app proposals that's been submitted and being built. If all of those proposals are built, Pi Network will have thousands of use cases before their mainnet launch. Currently, hackathon submissions have closed and the community rating portion of the hackathon finalists are on its way. Granted these are hackathon projects (we've already seen many examples in this sub) and most, if not all, of them need polishing before they can be used. But they gave me a glimpse of what Pi Network could be; I remain optimistic.
Moving Forward:
At this point, despite its flaws, I'm not worried about Pi being a "scam"; I only worry that it may fail to deliver because its vision is too grand at this time where crypto is not widely accepted. Pi Network's hackathon in the crypto space is neither new nor the largest (e.g., chainlink's hackathon). And there are no doubt many concerns that need to be addressed before Pi Network is taken seriously by the mass (e.g., mainnet launch, KYC). But working in the hackathon has shown me the amount of enthusiasm and conviction the folks developing the "use cases" for Pi have, and it's promising. Pi will have value as long as there are users willing to trade goods or services for Pi, and the hackathon is about building the means to use and earn Pi in exchange for those goods and services. It will be interesting to see how the sentiment in the crypto community develops in the upcoming months and years. Again, all of these are just my thoughts on the project and I'm curious to hear your legitimate concerns and/or comments.
译文：
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虚张声势：
我相信Pi Network正试图创建一个独立于法定货币的自我维持的分散式全球生态系统。在下面，我将解释我对Pi的理解进展，以及我参与他们的黑客马拉松如何影响我对货币的看法。
塞浦路斯社区的普遍共识：
围绕r / CC中Pi网络的普遍共识是负面的（关于Pi的帖子现在被禁止）。关于这是一个"骗局"的一些最令人信服的论点是，您需要现有成员的邀请，并且您的采矿率会根据您成功推荐的数量而增加，这有利于项目的早期适应者和活跃的大使。这么多人过分强调开发人员是斯坦福大学博士的事实也无济于事。
我对 Pi 的初步介绍：
我在我的游戏PC上挖掘以太坊的乐趣。这是一笔不小的金额，但它每月给我足够的钱买零食。有一天，我偶然看到一个提到Pi的YouTube视频，发现我可以在手机上挖掘Pi，我所要做的就是每24小时点击一个按钮。听起来很简单，为什么不呢？我开始用手机挖掘Pi。
然而，后来我了解到Pi实际上并没有"挖掘"任何东西，它只是一个跟踪器。我最好的猜测是，这是他们确保没有"机器人"养殖硬币的机制之一。
了解有关 Pi 的更多信息以及我喜欢的内容：
加密领域的匿名性是一把双刃剑。虽然我们在交易中保留了隐私，但由于我们是匿名的，因此有很多骗子和非法交易在无数加密货币中都有立足点。Pi Network试图通过为每个经过验证的个人仅分配一个帐户来解决此问题。虽然您不是完全匿名的（因为您需要完成KYCa），但我们的个人信息在网络中其他用户的眼中仍然是匿名的。因此，您的身份实际上是您在区块链上的活动的累积。这有助于Pi Network建立精英经济的目标，因为你的身份****b和活动都存在于Pi的区块链上。
a. KYC实际上是许多加密货币交易所（例如币安）的常见做法。
b.不是你的真实身份，而是你在生态系统中活动的累积
参加 Pi 黑客马拉松：
加入网络后，我通过$ 100，000 + 100，000 Pi奖池了解了他们的黑客马拉松。作为一名开发人员，我不能错过构建我一直想构建的东西并获得报酬的机会。使加密货币有价值的最重要的因素之一是它的用例。在黑客马拉松中，实际上有成千上万的应用程序提案已经提交并正在构建中。如果所有这些提案都建成了，Pi Network在主网发布之前将有数千个用例。目前，黑客马拉松的提交已经结束，黑客马拉松决赛入围者的社区评级部分正在进行中。当然，这些都是黑客马拉松项目（我们已经在这个潜艇中看到了很多例子），其中大多数（如果不是全部）都需要抛光才能使用。但是他们让我瞥见了Pi网络可能是什么。我仍然保持乐观。
前进：
在这一点上，尽管它存在缺陷，但我并不担心Pi是一个"骗局";我只是担心它可能无法实现，因为它的愿景在加密尚未被广泛接受的这个时候过于宏伟。Pi Network在加密领域的黑客马拉松既不是新的，也不是最大的（例如，chainlink的黑客马拉松）。毫无疑问，在Pi网络被大众认真对待之前，需要解决许多问题（例如，主网启动，KYC）。但是在黑客马拉松中工作向我展示了为Pi开发"用例"的人的热情和信念，而且很有希望。只要有用户愿意用Pi交易商品或服务，Pi就会有价值，而黑客马拉松是关于建立使用和赚取Pi以换取这些商品和服务的手段。看看加密社区的情绪在未来几个月和几年内如何发展将会很有趣。同样，所有这些都只是我对这个项目的想法，我很好奇听到你的合理担忧和/或评论。
