The Pi Network core team has been making significant progress towards the launch of the open mainnet in recent months. In addition to the launch of the Pi Browser and the Pi Wallet, the team has also been working on the following key initiatives:
- Kyc verification: The Pi Network core team is working with KYC providers to verify the identities of Pi users. This is a prerequisite for the open mainnet launch, as it will help to prevent fraud and money laundering.
- Security audits: The Pi Network core team is conducting security audits of the Pi blockchain to ensure that it is secure and ready for the open mainnet launch.
- Ecosystem development: The Pi Network core team is working with developers to build new applications and services on the Pi blockchain. This will help to increase the utility of Pi coins and make them more valuable to users.
The Pi Network core team has also been communicating more regularly with the Pi Network community in recent months. This has helped to build trust and confidence among Pi users, who are eager to see the open mainnet launch as soon as possible.
Challenges to Open Mainnet Launch
While the Pi Network core team has made significant progress towards the open mainnet launch, there are still some challenges that need to be addressed before the launch can take place.
One challenge is the need to verify the identities of all Pi users. This is a complex and time-consuming process, but it is essential to prevent fraud and money laundering.
Another challenge is the need to ensure that the Pi blockchain is secure and scalable. The Pi Network core team is conducting security audits and working on performance improvements to address this challenge.
Finally, the Pi Network core team needs to build a strong ecosystem of applications and services on the Pi blockchain. This will help to increase the utility of Pi coins and make them more valuable to users.
Conclusion
Pi Network users are eagerly awaiting the launch of the open mainnet, which will allow them to trade and exchange Pi coins, purchase goods and services with Pi coins, and participate in the development and launch of Pi dApps.
The Pi Network core team has been making significant progress towards the open mainnet launch in recent months, but there are still some challenges that need to be addressed.
Pi Network users are hopeful that the open mainnet launch will take place before the end of 2023, but there is no guarantee.
Please verify my KYC I don’t know how long it will take I summited my KYC for over a year now no response please let the team do something positive about the verification of KYC
Thank you