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Pi Network Speeds Up Mainnet Wallet Activation, Lowers Entry Barrier by 100%

Coin WorldSaturday, May 3, 2025 1:42 am ET
1min read

Pi Network has introduced a significant update that allows users who have partially completed the Know Your Customer (KYC) process to activate their Mainnet wallets instantly. This change eliminates the need for users to wait for the full migration process, marking a pivotal step in the network's development. Verified users can now start using Pi directly in various applications, participate in local peer-to-peer trading, and join community-driven events such as the .pi domain name auction.

Previously, accessing the Pi Mainnet wallet required the completion of a lengthy migration process involving identity checks and technical verifications. The new update decouples wallet activation from migration, enabling users who have passed any stage of KYC to immediately engage with the Pi ecosystem. Despite this simplification, Pi Network maintains strict KYC standards to ensure security and user authenticity.

One of the most notable aspects of this update is the introduction of third-party onboarding capabilities. New users who were not part of Pi Network’s mining phase can now obtain Mainnet wallets through verified third-party platforms. Services like Banxa, which is now KYB-verified, offer streamlined KYC checks that allow newcomers to enter the ecosystem quickly, without the need for mining or migration. This significantly lowers the entry barrier for global users.

This update is not just about wallet access; it is about expanding the Pi ecosystem. With more users gaining access, developers and Pi-based app creators can expect increased traffic, more transactions, and richer feedback loops to improve app functionality. Pi Network is also piloting KYC delegation to trusted third parties, which paves the way for faster and more scalable user onboarding. This is crucial for achieving real-world adoption at scale.

Pi Network is breaking barriers and accelerating access. With Mainnet wallets now open to both Pioneers and new users, the network is positioning itself for exponential growth and wider utility across its blockchain applications. Whether you’re a long-time user or just discovering Pi, this update opens the door to real engagement with Pi’s blockchain-powered ecosystem.

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that_is_curious
05/03
Pi Network just handed out the golden key. No more waiting; the vault's open. Whether pioneer or newcomer, the party's here. Cheers to breaking barriers and unlocking the future. The Pi era is now.
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ianhawdon
05/03
Holy!the Peak Seeker algorithm successfully identified both trough and apex inflection points in META equity's price action, while my execution latency resulted in material opportunity cost.
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