Nodes are the forth role in the Pi ecosystem, and run on laptops and desktops instead of mobile phones. Similar to other blockchains, Pi Nodes will be responsible for validating transactions on a distributed ledger, and resolve the challenges in maintaining a distributed currency by having all nodes come to a “consensus” on the order of new transactions getting recorded.
Incentive for running a Node is not available in the TestNet (Phase 2). Pi emulator will be used to put to test running the decentralized blockchain using node software. Testing the Nodes behavior and funtionality is the ultimate priority in the phase 2.
Node Participants will ONLY be rewarded in Phase 3 when the currency is fully decentralized. To become a Node participant, you need to quickly apply before hitting Mainnet. For now, You can earn without becoming a Node Participant through your mobile phone. However, it won’t last long!!! After the Mining eventually ends the only way to earn Pi will be through the Nodes forever.
Phase 2, the testnet phase, takes us one step closer to Mainnet, when Pi can be traded freely with other currencies, in addition to trading for goods and services. For an effective and successful Mainnet to be operational – We must make have a satisfactory TestNet.
Dear Friends, If you want to secure the currency and you want to earn Pi forever, visit the node.minepi.com – Install the Node software and necessary packages on your Computer system and START running the Nodes!