PI NETWORK UNLOCKS 2.5M USERS FOR MAINNET MIGRATION DUE TO KYC UPGRADES

Pi Network has unblocked 2.5 million users for mainnet migration through sweeping KYC and security upgrades. These changes address long-standing issues with compliance checks and verification, streamlining the process for users. The mainnet migration is a pivotal step in Pi Network's journey from a mobile mining app to a decentralized blockchain ecosystem. The updated KYC process now integrates AI from the Fast Track KYC system, reducing processing times and improving accuracy. Additionally, Pi Network has introduced palm print authentication in beta, enhancing liveness checks and fraud prevention. These upgrades not only improve user experience but also reinforce the network's security and scalability. The unblocking of users has pushed the total mainnet-migrated Pioneers to around 16 million, making Pi one of the largest identity-verified blockchains. The implications for price, adoption, and ecosystem growth are significant, with increased token migration potentially affecting market dynamics and fueling demand for Pi-based applications and services.

The unblocking of 2.5 million users marks a major milestone for Pi Network's Open Network phase. By transitioning to the Open Network, Pi Network enables broader use cases such as decentralized applications, digital banking, and peer-to-peer transactions. Initiatives like Gargoura Digital Bank on Testnet and a 1B Pi liquidity pool aim to strengthen the network's utility beyond social mining and create a robust ecosystem. The network has also launched a Community Commerce Holiday Initiative to encourage holiday shopping using Pi tokens. These efforts demonstrate Pi Network's commitment to building a scalable and secure blockchain ecosystem with real-world financial use cases.

Security upgrades include AI-driven verification and improved liveness checks to combat fraud. These measures are part of Pi Network's strategy to ensure long-term decentralization and inclusivity while aligning incentives across the network. Future plans include expanding palm print authentication and implementing KYC validation rewards for community reviewers. The network's focus on security and verification aligns with its broader goal of creating a sustainable and resilient blockchain ecosystem. As Pi Network transitions to a more open environment, preserving its community-driven values will remain a key challenge and opportunity for continued growth.

What is the significance of Pi Network's Open Network phase?

The transition to the Open Network phase on February 20, 2025, represents a pivotal shift for Pi Network. This milestone enables external connectivity and real-world utility for Pi tokens, allowing for broader use cases like decentralized applications and peer-to-peer transactions. The network has already migrated over 12 million users via a native KYC process and aims to continue its growth with ecosystem enhancements like liquidity pools and digital banking solutions. The tokenomics of Pi include a capped supply of 100 billion tokens, with 65% reserved for community mining rewards. Monthly mining rewards are declining over time and are influenced by user contributions to network security and utility app engagement.

The Open Network phase is designed to facilitate broader use cases such as decentralized applications, digital banking, and peer-to-peer transactions. Initiatives like Gargoura Digital Bank on Testnet and a 1B Pi liquidity pool aim to strengthen the network's utility beyond social mining and create a robust ecosystem. The network has also launched a Community Commerce Holiday Initiative to encourage holiday shopping using Pi tokens. These efforts demonstrate Pi Network's commitment to building a scalable and secure blockchain ecosystem with real-world financial use cases. The transition to the Open Network is a critical step in Pi Network's journey toward full decentralization and broader adoption.

How does Pi Network ensure security and verification for its users?

Pi Network has implemented palm print authentication in beta to enhance security without requiring face scans. This biometric verification method improves liveness checks and fraud prevention, ensuring each user is unique and verified. The updated KYC process now integrates AI from the Fast Track KYC system, reducing processing times and improving accuracy. These upgrades not only improve user experience but also reinforce the network's security and scalability. The unblocking of users has pushed the total mainnet-migrated Pioneers to around 16 million, making Pi one of the largest identity-verified blockchains.

Security upgrades include AI-driven verification and improved liveness checks to combat fraud. These measures are part of Pi Network's strategy to ensure long-term decentralization and inclusivity while aligning incentives across the network. Future plans include expanding palm print authentication and implementing KYC validation rewards for community reviewers. The network's focus on security and verification aligns with its broader goal of creating a sustainable and resilient blockchain ecosystem. As Pi Network transitions to a more open environment, preserving its community-driven values will remain a key challenge and opportunity for continued growth.

What are the key developments in Pi Network's roadmap?

Pi Network is progressing through a multi-phase development roadmap, transitioning from the design and testnet phases to an open network. This transition enables external connectivity and lays the groundwork for broader trading and utility. Key updates include a second Mainnet migration for referral bonuses and pending rewards, aimed at reducing sudden sell pressure and restoring confidence among users. The project is also resolving over 1 million KYC issues and introducing Fast Track KYC, allowing new users to access wallets earlier. Additionally, the Pi Network Hackathon 2025, held between August 21 and October 15, incentivized real-world applications for Pi with a 160,000 PI pool.

The Gargoura Digital Bank on Testnet was launched in November 2025, positioning Pi as a digital banking interface with custody, payments, and on-chain financial services. These developments collectively support the network's goal of real-world utility and long-term stability. Pi Network's focus on building a secure, scalable, and human-verified blockchain with strong technical foundations ensures a robust system capable of handling increasing transaction volumes and supporting decentralized applications. Security is a top priority, with advanced cryptographic safeguards and real-time monitoring in place. Scalability is addressed through optimized data storage and efficient consensus mechanisms, ensuring a seamless user experience. The network also emphasizes decentralized governance, allowing Pioneers to actively participate in shaping the ecosystem.