Pi network coin (5)

source: https://pixabay.com/photos/trading-blockchain-cryptocurrency-6531134/

The launch date of the Pi network on the (mainnet) is approaching and several updates are being introduced to ensure the stability and inclusiveness of the platform.

The final migration to the (mainnet) and also the KYC (Know Your Customer) identity verification process, have been extended until December 31, 2024 and users who do not complete this verification risk losing access to their mined Pi.

A detailed roadmap is expected in early December 2024, generating great anticipation in the community.

And to secure their Pi balances, users must complete key steps such as setting up their wallet and signing tokenization agreements.

The migration to the open (mainnet) depends on several factors such as:
KYC verification of a large portion of users. The development of at least 100 decentralized applications (dApps) on the platform, which will strengthen its credibility and utility upon launch.

Several technological updates have been implemented to prepare for the launch such as:
Testnet 2: Reduction of transaction fees to only 0.0000099 Pi, which facilitates the transition to the (mainnet).
Lockup feature: This feature incentivizes users to lock their Pi to obtain additional mining rewards.
It encourages long-term participation and supports the stability of the network by promoting the use of utility applications and local commerce.

These measures reflect an effort by the team to ensure a robust, decentralized and application-friendly platform.

Community engagement remains high, with users eager to see the network fully decentralized and their Pi tokens exchangeable for regular currencies or cryptocurrencies.

In summary, the Pi Network is strategically preparing for its mainnet launch, with a focus on scalability, security, and utility.

These updates underscore its commitment to providing a platform that is accessible to all, while overcoming challenges to ensure a smooth transition to full decentralization.

To register Just copy, paste this link on Google :
minepi.com/oualidje1975

YOU MUST USE INVITATION CODE :
oualidje1975

💰 HAPPY EARNING 💰