Pi Network is a new type of cryptocurrency that realizes a low-cost and low-threshold mining experience through mobile applications, without the need for expensive hardware equipment. The project was launched in 2019 by a team of Stanford University graduates, aiming to create a more accessible and decentralized digital cryptocurrency. Its features include mobile mining, community-driven trust mechanism, zero transaction fees, and scalable ecosystem. Despite facing challenges such as market recognition, regulatory risks, and ecosystem development, Pi Network still has tremendous development potential and is expected to become one of the most easily popularized cryptocurrencies globally, enabling billions of people to easily enter the blockchain economy.