Community revolution in Vietnam, each coil with virtual currency pi networka promising projects mining electronic money easily just by phone. With millions of participants worldwide, Pi Network raises many questions about the real value, transparency and the future of it. This article will dissect the aspects that objectively the best.
Virtual currency Pi Network is what? Dream life-changing or illusionary impracticable?
Launched on the number Pi in 2019, virtual currency Pi Network quickly attract attention. The project promised a kind of electronic money easily tap on mobile. Other Bitcoin user Pi, just press the button every day to accumulate Pi. Founding team from Stanford draw out the prospect of a currency decentralized. It is promised will be accessible for everyone, no hardware required expensive.
The attractiveness of owning virtual currency for free, the same viral effect strong, has attracted tens of millions of people. Especially in the developing countries, where dreams get rich from crypto, always burning. However, after many years, the question of whether Pi Network have the opportunity to change my life or just dream still there. This causes much debate in the community of electronic money.
Many people still monitored price Pi Network current though it's not officially on the floor great deals. Patience could this be rewarded?
The mechanism of action of the Pi Network has something special or just a trick?
Pi Network statement using a variant of the protocol agreement Stellar. This allows users to get Pi by confirming the presence daily. They can also build security circles by inviting more people to join. Team Pi confirmed this model to save energy, not like Bitcoin.
However, experts questioned the mechanism of virtual currency Pi Network. Whether the button has to be tapped really? Or this is the only way to distribute tokens based on the activity in the app? Technical details about blockchain and the level of decentralized Pi's Network is still quite vague. The node network has not been tested extensively by independent community.
Many people for the “training” Pi as get more bonus points is to join a blockchain network food consumption. The lack of transparency about the technical side is the focal point of the doubt circling the project. If this is a meme token disguised or a technology project really?
The controversy and skepticism revolves around Pi Network
Despite possessing the east island, the virtual currency Pi Network faced loads of criticism. The biggest problem is the Pi Coin is no conversion value actual. This coin has not yet been listed on any exchanges yet. The promise of Open Mainnet constantly delayed, undermines trust of the community.
Model invites people new to speed up the “training” Pi is many people compare with the pyramid model. Although the Pi Network has voiced deny this allegation. The Pi app requires several permissions on your device also raised concerns about the security of personal data. Whether user information can be used for promotional purposes or even to be sold?
Many projects virtual currency failures ago had promised the same. This makes skepticism about Pi Network is growing. The agency financial management in a number of countries have also put out a warning about the potential risks when participating in this project is to learn about the Pi Network on the floor is still a mystery.
Virtual currency Pi Network and the status mainnet closed, what is?
End of the year 2021, Pi Network official step on the stage Mainnet Sealed. According to the announcement from the development team, this is a blockchain Pi is active. However, it is restricted by a firewall prevents connections from the outside. In this stage, the user has to complete the process KYC (identity verification) can transfer the Pi for each other in the ecosystem.
The developer can also start building the application Pi (Pi Apps) on this platform. The goal of the Mainnet Sealed is to create an ecosystem internal solid before completely open to the outside. Even so, the Pi Coin is still not able to trade on the floor of focus. Value of the virtual currency Pi Network at this time the only convention in the community.
Many people see this as a step slow. Others argue that it is caution necessary. The lack of a clear roadmap and the specific time for Open Mainnet made not less user confusion about the real value of Pi. Transactions P2P exchange Pi take the goods still occur, spontaneous, and potential risks.
Any future for Pi Network and advice for users?
Material Pi Coin have real value and are traded his freedom? The future of virtual currency Pi Network depends on many factors. It is the ability to complete technical blockchain strategy and build the ecosystem of practical application. Most important is the switch to Open Mainnet success. If you pass the test this Pi Coin can be found on certain place.
However, historical crypto market has witnessed no less promising projects and then quietly disappear. Users should be very careful. Don't see the Pi Network is a channel get rich quick. The press daily, may not costly, but absolutely should not miss real money to buy the Pi from unofficial sources. Also need to avoid taking the transaction P2P does not guarantee safety.
Please always protect your personal information, you and maintain disbelief necessary. The value of any virtual currency which ultimately by the market. This is something that the Pi Network also have to put in much effort to prove. Patience and understanding is extremely necessary when tracking this project.
Journey of Pi Network hitherto covered with fog, with many promises not yet fulfilled. It has become a currency value or just a social experiment, large-scale still need time to reply. Investors and users should awake, armed with the knowledge to protect yourself before the information has not been verified. To update the in-depth analysis, please visit Blog Meme Coin.
