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Competition in Mobile Cryptocurrencies: Pi and Ice Open Network

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by Giorgi Kostiuk

13 hours ago


Two leading platforms, Pi Network and Ice Open Network, continue to capture the mobile cryptocurrency market, attracting a large user base with their unique offerings.

Origins of the Platforms

Pi Network was established by Stanford graduates in 2019, aimed at making cryptocurrencies accessible to everyone through mobile mining. In February 2025, it transitioned to an open network. Ice Open Network, launched in 2023, provides users control over their data and interactions, offering a high-performance Layer-1 infrastructure for developers.

Key Features

ION features high performance, support for decentralized apps, and open source code. Meanwhile, Pi Network allows users to mine cryptocurrency on mobile devices with an emphasis on social ecosystems and closed code.

Community and Transparency

Pi Network excels in user base with over 60 million active participants. However, ION, with a user base of 40 million, scores higher in transparency due to its open-source code and technical prowess.

Both platforms, despite their similar missions, demonstrate differing approaches to development. The choice between them hinges on preferences for transparency, accessibility, and community strength.

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