GlodChain

  Summary of Pi Network’s Technological Value: Super Chain = Source Code + Nodes + Wallets + Block Explorer = Co-construction + Co-ownership + Co-governance + Co-sharing Building Web3.0 = High Concurrency + Throughput + 2.0 Foundation + Decentralization = Open + Private + Co-construction Web3.0 is a public resource and can be seen as a decentralized DAO. Independent Operating System = pios = Pi Browser – Similar to Android, Apple Independent Addressing Protocol = pi://~~.pi,pi’s own hypermedia transmission protocol Secure Consensus Mechanism: V18 Stellar Lens Protocol = Inherent in the mainnet. Some experts claim it surpasses the Prism 15 protocol of the NSA in terms of security. Pi Network adopts SHA256 encryption algorithm + Byzantine + V18 Stellar joint protocol, making it the most robust encryption technology on Earth. This algorithm, if combined with the total hash rate of all Bitcoin miners today (about 1.43 x 10^23 hash/s), would take approximately 690 billion years (5 times...

  In recent years, the emergence of cryptocurrencies has sparked a new wave of innovation in the financial sector. Among them, Pi Network has garnered significant attention, presenting an alternative approach to traditional banking payment systems. While Pi Network has the potential to revolutionize the way we conduct transactions and manage finances, replacing the existing banking payment system is a complex endeavor that hinges on widespread acceptance, regulatory compliance, and robust technological capabilities. The Promise of Pi Network Pi Network distinguishes itself from traditional banking payment systems by leveraging blockchain technology and a decentralized approach. It enables users to mine Pi tokens using mobile devices without the need for high computing power, making it accessible to a broader audience. Its emphasis on low energy consumption and user-friendliness has attracted a sizable community of users who see the potential of this digital currency. Challenges to ...

  Investing in Pi Nodes presents an exciting opportunity in the world of blockchain technology. However, to maximize returns and ensure a successful venture, there are essential considerations that all Pi enthusiasts should be aware of. This article discusses crucial aspects to bear in mind when investing in Pi Nodes, emphasizing the significance of decentralization and security in the process. Avoid Frequent Account Switching on the Same Computer When running multiple Pi Node accounts on the same computer, it is vital to avoid frequent account switching. If you need to switch from one account (Account A) to another (Account B) on the same computer, ensure that you clear all Pi Node-related data from the hard drive and reinstall Windows. This will help prevent data overlap and potential conflicts, ensuring smooth operations for each account. Upgrading from Old to New Configuration Many users tend to start their Pi Nodes with existing hardware at home, such as desktops or laptops, a...

  Pi Network has achieved a remarkable breakthrough as the first and only cryptocurrency network to implement its own KYC (Know Your Customer) solution. This bold decision marks a significant step forward for the project, aiming to create a more secure, trustworthy, and compliant environment for its users. While not without its challenges, Pi Network has shown dedication in reaching this important milestone, attracting over 50 million users to join the network. The project promises to bring blockchain technology closer to the rest of the world. As part of its unique approach, Pi Network chose to develop an in-house KYC solution, opting not to rely on third-party services. This method provides more control during the KYC process and ensures the safety and confidentiality of user data. By requiring each user to go through a rigorous KYC procedure, the network has successfully built a more reliable ecosystem while ensuring regulatory compliance. READ ALSO： Pi Coin: Transforming Everyd...

  PiCoreTeam has unveiled the highly-anticipated PiNetwork roadmap after carefully listening to the feedback and suggestions from its vibrant community. This milestone reflects active engagement and collaboration, aligning the project’s vision with the aspirations of its growing user base. The roadmap comprises several key phases that will shape the future of this unique cryptocurrency. 1. Building Strong Foundations: The initial phase focuses on laying the groundwork for PiNetwork’s development and expansion. The emphasis is on enhancing core infrastructure, network security, and transaction processing. Strategic partnerships with other blockchain projects and entities will be forged to foster innovation and grow the ecosystem. 2. Empowering User Engagement: The second phase centers on empowering users to actively participate and engage within the PiNetwork. User experience will be enhanced through an improved mobile app interface, gamification elements, and an educational portal ...

  The Pi Core Team has delivered great news for Pioneers who encountered KYC challenges due to name registration issues. Recently, the team announced that they have initiated a thorough review process for name change appeals, aiming to resolve the lingering KYC concerns. Previously, Pioneers were given the opportunity to submit appeals if their Pi App account names differed from the names on their personal identification documents. After patiently waiting for several days, many Pioneers finally received notifications from the Pi Core Team granting them permission to update their names. This development indicates that the KYC issues on the Pi Network will soon be completely resolved. The Pi Core Team is diligently working to streamline the KYC process, making it faster, easier, and more straightforward for all Pioneers. The updated process requires Pioneers to diligently tap the lightning button continuously for 30 sessions or more and carefully follow the instructions provided by t...

  Pi Network has solidified its position as a pioneer by successfully KYC’ing approximately 6 million individuals through its proprietary KYC solution. This achievement makes Pi Network the only cryptocurrency platform to reach such a significant milestone in customer verification (KYC). The Pi Core team proudly announced this feat, highlighting the unparalleled accomplishment of KYC’ing such a vast user base, surpassing other cryptocurrency networks. KYC is a crucial process to prevent money laundering, fraud, and other illegal activities associated with digital assets. Pi Network’s commitment to implementing KYC on such a massive scale emphasizes their dedication to ensuring a secure and compliant ecosystem for all users. The proprietary KYC solution designed and developed by Pi Network’s own team showcases their technical expertise and innovative approach to address challenges in the cryptocurrency industry. By developing an in-house KYC system, Pi Network demonstrates its commi...