投稿者「HETINOKO」のアーカイブ

Urgent Warning: Pi Network Users—Sophisticated Pi Coin Theft Methods and Immediate Countermeasures

# Urgent Warning: Pi Network Users—Sophisticated Pi Coin Theft Methods and Immediate Countermeasures

In recent years, numerous projects leveraging blockchain technology have emerged. Among them, Pi Network, which allows for convenient mining on smartphones, has garnered significant global attention. Many users anticipate its future mainnet migration and ecosystem expansion. However, security remains paramount when dealing with cryptocurrencies.

Digital assets possess characteristics distinct from conventional currencies, exposing them to unforeseen threats. Currently, Pi Network’s community is grappling with a growing number of reports regarding Pi coin theft from wallets, raising serious concerns.

To protect your valuable Pi coins, understanding the nature of this threat and implementing immediate countermeasures is crucial.

## Specific Reports of Pi Network Wallet Theft and the “Military Bot” Threat

The Pi Network community has reported shocking instances of Pi coins being fraudulently stolen from wallets. One user shared on social media the theft of 354 Pi coins from their wallet, causing significant ripples.

Even though the victim reportedly did not store their passphrase online, unauthorized access occurred, highlighting the sophistication of the methods. The community suspects a mysterious entity known as “military bots” is responsible, with some even speculating about potential internal control. While technical details remain unclear, these bots may be illegally accessing user wallets and stealing Pi coins.

Stolen Pi coins have been transferred to specific wallet addresses, making tracking and recovery extremely difficult. Such incidents suggest methods beyond simple phishing scams, prompting heightened vigilance among all Pi Network users.

## Victims’ Voices and Requests to the Core Team

Users who have suffered Pi coin theft express deep sorrow over their losses and question the security system. Incidents where victims meticulously managed their passphrases yet still fell victim have created widespread anxiety.

The community strongly urges Pi Network’s Core Team to implement the following security enhancements:

* **Passphrase Change Functionality:** Allow users to regularly change their passphrases to mitigate security risks.
* **Suspicious Account Freezing:** Quickly identify and freeze wallets and accounts engaging in fraudulent activities to prevent further damage.
* **Node Decentralization:** Enhance system decentralization to reduce the risk of single points of failure and improve security.
* **Auditing of All Contracts:** Eliminate vulnerabilities in smart contracts to ensure ecosystem safety.

These requests emphasize the importance of the Core Team taking proactive security measures to ensure users can confidently continue participating in the Pi Network ecosystem.

## Specific Security Measures to Protect Your Pi Coins

Protecting your Pi coins from increasingly sophisticated wallet theft requires constant security awareness and proactive measures. Here are some key steps you can take immediately:

1. **Thorough Physical Storage of Passphrases:**
* Write it down on paper and store it in multiple, separate locations: Never take screenshots or store your wallet passphrase online (email, cloud services, etc.). The safest method is to accurately write it on paper and store it in multiple secure, physically inaccessible locations (e.g., safety deposit box).
* Never share it with anyone: Your passphrase is the ultimate key to your wallet. Never share it with anyone, even family members.

2. **Vigilance Against Phishing Scams:**
* Avoid suspicious links and ads: Exercise extreme caution with fake websites, ads, emails, and messages impersonating the official Pi Network website or Core Team’s official social media accounts. These are highly likely to be phishing scams aimed at stealing your passphrase and personal information.
* Always verify the URL: When accessing sites requiring login or passphrase entry, always verify that the URL is genuine.

3. **Verification of Reliable Information Sources:**
* Trust only official information: Obtain Pi Network information only from the Core Team’s official blog, official social media accounts, or official sources within the Pi Browser. Do not be misled by unverified rumors or information from unknown sources.

4. **Wallet Address Verification:**
* Double-check before sending: When sending Pi coins, double-check the recipient’s wallet address multiple times to ensure accuracy. Once sent, cryptocurrency is generally irretrievable.

While we anticipate future security enhancements from the Core Team, it’s crucial for users to prioritize security awareness and implement self-protective measures.

## What if You Become a Victim?

If you unfortunately become a victim of Pi coin theft, stay calm and take the following steps:

* **Report to the Core Team:** Report the situation to the Pi Network Core Team as soon as possible with detailed information. This provides them with crucial data for future preventative measures.
* **Report to the Police:** If you’ve suffered financial losses, consider reporting the crime to your local police station or cybercrime unit.
* **Difficulty of Recovery:** Unfortunately, due to the nature of cryptocurrencies, recovering funds after unauthorized transfer is extremely difficult. Blockchain transactions are irreversible.

Preventing such situations through proactive measures is paramount.

## Conclusion: Enhance Security Awareness and Protect the Pi Network Ecosystem Together

Pi Network is a developing project with immense potential. However, security challenges are an inevitable part of its growth. The reported Pi coin wallet thefts serve as a crucial wake-up call, urging all Pi Network users to enhance their digital asset security awareness.

Protecting your Pi coins requires rigorous offline passphrase storage, vigilance against phishing scams, and a commitment to obtaining information from reliable sources. By enhancing our security knowledge and implementing appropriate measures, we can collectively make the Pi Network ecosystem safer and stronger. Because we believe in Pi Network’s bright future, let’s reaffirm the importance of security and build a foundation for safeguarding your digital assets.

Regularly check the Pi Browser and official social media accounts for the latest Pi Network updates and official security announcements. Learning basic cryptocurrency security knowledge will also be helpful in protecting your digital assets beyond Pi Network.

Complete Guide to Pi Network’s Second Migration: Wallet Verification, KYC, and Secure Email

# Complete Guide to Pi Network’s Second Migration: Wallet Verification, KYC, and Secure Email

Pi Network has garnered global attention as a groundbreaking project enabling anyone to easily mine cryptocurrency on their smartphones. Its ecosystem is steadily evolving, reaching the crucial ‘migration’ stage where users transfer their earned Pi coins to their wallets.

You’re at the forefront of Pi Network’s evolution. Are you ready to safely guide your Pi coins to the next stage?

This article provides a comprehensive guide to the essential steps required by the latest Pi Network app update, particularly adding a secure email, completing the KYC ‘liveness test,’ and the wallet verification process. Understanding and correctly executing these steps will secure your Pi coins and build a strong foundation for participating in the future of the Pi ecosystem.

## Understanding Pi Network’s Second Migration

This section explains the concept of ‘migration’ in Pi Network and why the ‘second migration’ is currently a hot topic.

The Pi Network project has evolved through several phases. Currently, it’s in the ‘Enclosed Mainnet’ phase, focusing on verifying Pi coin utility and building the ecosystem. Pi coins are not yet listed on external exchanges but are starting to be used within the Pi app and Pi-based DApps (decentralized applications).

The ‘second migration’ refers to the process of transferring mined Pi coins from your mining balance in the Pi app to your personal mainnet wallet (Pi Wallet). This is a crucial step, transforming Pi coins from mere numbers into digital assets under your control. This migration is expected to unlock more opportunities to utilize Pi coins within the Pi ecosystem.

Wallet migration is also preparation for Pi Network’s ultimate goal: an ‘Open Mainnet,’ where Pi coins can be freely traded and used in a wider range of applications.

## Essential Steps for Securing Your Pi Coins and Migrating Your Wallet

This section details the specific actions required by the latest Pi Network app update and the steps to safely migrate your Pi coins to your wallet. Follow the in-app instructions and complete the following steps:

**Step 1: Add Your Secure Email**

You may see an ‘Add your secure email’ prompt on your Pi Network app dashboard. This is crucial for enhancing the security of your Pi account and wallet and ensuring future Pi coin migration.

* **Purpose:** Email verification enhances account security, improves account recovery, and increases the accuracy of identity verification. This is your first step in protecting your digital assets.
* **Action:** Clicking this prompt usually requires you to enter and verify your email address. Follow the instructions, enter your secure email address, and complete the verification process.

**Step 2: Complete the KYC ‘Liveness Test’**

Pi Network uses KYC (Know Your Customer) processes, including the ‘liveness test,’ to verify human users and prevent bots and fraudulent accounts.

* **Liveness Test:** This biometric test uses AI to verify you’re a real person via your camera. Record a short video following specific instructions (e.g., moving your face, blinking) to prevent fraud.
* **Importance:** Essential for maintaining the fairness and integrity of Pi Network, enhancing community trust, and building a more valuable ecosystem. Complete this test promptly if you haven’t already.

**Step 3: Verify Your Pi Wallet and Enable 2FA**

The Pi Network mainnet checklist includes ‘Pi Wallet Verification.’ You need to prove your Pi wallet is correctly set up and accessible.

* **Importance:** This establishes your Pi coin receiving location and ownership.
* **Two-Factor Authentication (2FA):** Adds an extra layer of security using a second verification method (email, etc.) in addition to your password, preventing unauthorized access.
* **Action:** Click ‘Start’ or a similar button to begin the wallet verification process. You’ll likely be prompted to enter your passphrase in the next step.

**Step 4: Manually Unlock Your Wallet with Your Passphrase**

You may be asked to manually unlock your wallet using your passphrase as part of the wallet verification process.

* **Passphrase Role and Importance:** Your Pi wallet passphrase is equivalent to a private key in other crypto wallets. It’s your sole access method and proves ownership of your Pi coins. Keep it secure and never share it.
* **Manual Unlock Meaning:** Manually unlocking with your passphrase shows the system you have full access to your Pi wallet and confirms your mainnet balance will be transferred there.
* **Action:** Accurately enter your Pi wallet passphrase and click ‘Confirm’.

**Step 5: Final Confirmation: Click the Email Verification Link**

After passphrase verification, a final confirmation link will be sent to your registered email address.

* **Email Confirmation:** A message like ‘Email confirmation sent’ will appear, and a confirmation email will be sent. Find the email from Pi Network in your inbox.
* **Final Meaning:** Clicking the link (like ‘Verify your migration wallet’) approves the wallet migration process and verifies that the associated email address is secure. You’ll see a ‘Secure email add successfully’ message upon completion.

Completing these steps doesn’t automatically migrate your Pi coins. However, it signifies the crucial preparation for safely and securely migrating them to your wallet within the Pi Network ecosystem.

## Why Are These Steps Important? The Future of the Pi Ecosystem and Security

These steps aren’t mere formalities. They’re vital for realizing Pi Network’s decentralized ecosystem and ensuring user asset security.

### Multi-Layered Security for Protecting User Pi Assets

Wallet verification, email authentication, and 2FA are multi-layered security measures protecting your Pi coins from unauthorized access and fraud. Pi Network implements these strict procedures to create a secure environment for managing digital assets.

### Contributing to Pi Network’s Fairness and a Healthy Ecosystem

KYC and liveness tests prevent fraudulent mining from bot and duplicate accounts, ensuring Pi Network is genuinely fair and human-centric. This enhances community trust and strengthens the foundation for long-term Pi coin value.

## Impact of Completing the Second Migration

These preparations allow users to manage Pi coins securely, utilize them in future DApps, and participate in the broader use enabled by the Open Mainnet transition. This process is a significant step towards Pi Network’s vision of a decentralized economy.

Pi Network strives for ease of use and fairness so everyone can benefit from crypto assets. Security and reliability are paramount.

## Conclusion: Building a Decentralized Future with Pi Network

The latest Pi Network app updates, including wallet verification, KYC, and secure email addition, are crucial steps for safely migrating your Pi coins. These aren’t just technical procedures; they’re important preparatory steps encouraging active participation in Pi Network’s decentralized and fair ecosystem.

By correctly completing these steps, you contribute to Pi Network’s evolution, secure your digital assets, and prepare to participate in the future of the Pi ecosystem.

Pi Network’s evolution continues. Stay informed via the official website and announcements, and continue building a decentralized future with your Pi coins.

We’ll continue providing information on further Pi Network usage and ecosystem updates on this blog. Bookmark it for your next learning step.

The Complete Guide to Pi App Studio: Build AI Chatbots and Custom Apps with No-Code

For years, bringing your app ideas to life required specialized programming knowledge and advanced development skills. But what if that barrier disappeared, and everyone could become an app creator? How would your knowledge and ideas reach people worldwide?

Pi Network’s “Pi App Studio” is an innovative platform making this future a reality. This tool lets you build AI-powered chatbots and custom apps without writing a single line of code, redefining Web3 app development.

This article provides a comprehensive guide to Pi App Studio, covering its overview, step-by-step creation procedures for AI chatbots and custom apps, and its pricing structure. Even without prior technical knowledge, you’ll gain a deep understanding of Pi App Studio and build a solid foundation for further learning.

Pi App Studio: Revolutionizing App Development with No-Code

Pi App Studio is an AI-assisted no-code platform within Pi Network’s decentralized ecosystem. It eliminates complex coding, enabling anyone to build and own functional applications through intuitive operations and simple instructions.

A decentralized ecosystem means there’s no central authority; it’s run by all participants. Leveraging Pi Network’s large user base, apps developed with Pi App Studio have access to millions of potential users from the start – a major advantage.

The platform offers two primary workflows:

* **Knowledge-Sharing AI Chatbot App:** An app where your AI, trained on your expertise, answers user questions.
* **Idea-Realization Custom App:** An original app created from scratch by AI based on your instructions (prompts).

Let’s explore each creation process in detail.

Sharing Knowledge with AI: Creating a Specialized Chatbot App

This section details creating an AI chatbot app leveraging your expertise to answer user queries. We’ll guide you through the entire process using Pi App Studio.

Step 1: Access App Studio via the Pi Browser

Start with the Pi Network’s dedicated web browser, the “Pi Browser.” Open it, and tap “App Studio” on the homepage for easy access.

Step 2: Selecting the Chatbot Workflow and Defining the Theme

In App Studio, choose the “Chatbot” workflow. Then, define the chatbot’s theme – your profession, hobby, or area of expertise. The demo uses “Coffee Making.”

Confirm you’re ready to share your knowledge and proceed.

Step 3: Setting up the Chatbot’s Overview and Behavior
The Importance of Custom Instructions (Personality, Tone)

The “Custom Instructions” section lets you set the AI’s response guidelines, like instructing a teacher on their demeanor. Specify the chatbot’s personality, tone of voice, and phrases to avoid; this significantly impacts the user experience.

Examples:

* “Always be kind and use clear language.”
* “Avoid jargon; use metaphors if necessary.”
* “If unsure, don’t guess; state that you don’t know.”
Adding Knowledge Information (Utilizing up to 50,000 Characters)

Crucially, add the information you want the chatbot to learn in the “Knowledge Information” section. Up to 50,000 characters are allowed – like feeding the AI several textbooks. The more detailed and comprehensive your input, the more accurate and insightful the chatbot’s responses will be. For a “Coffee Making” chatbot, include water temperature, bean types, grinding methods, equipment, and extraction techniques. You can copy and paste from your PC using the Pi desktop app for efficient input.

Step 4: Customizing the Design and Welcome Message

Customize the user interface (UI). Choose the “primary color” for the app header, AI icon, and send button, setting the mood. Select a “background color” that harmonizes with the primary color for readability.

Create a welcoming message – user-friendly and aligned with the chatbot’s purpose.

Step 5: Naming and Publishing the App (0.25 Pi Cost)

Name your app – memorable, clear, and relevant to the theme. Once customized, publish for 0.25 Pi. 1 Pi will be deducted from your account; the remaining 0.75 Pi is added to your App Studio balance for future use.

Post-Publication Deployment: Sharing and Usage

Share your app on the Fireside Forum or access it directly via the “Pi Apps” tab in the Pi Browser’s bottom navigation bar under the “App Studio” category.

Your chatbot combines your expertise with the AI’s background knowledge to provide the best answers.

Shaping Your Ideas: Developing Custom Apps with AI

This workflow lets you create custom applications with more freedom. The AI generates custom apps with specific features using no-code.

Beta Version Potential and Considerations

This workflow is currently in beta and may have limited access. The user experience is also constantly improving, but the potential is significant.

Step 1: App Concept and Detailed Description

Develop a simple, clear concept. Name the app and describe how it should look and function in detail using natural language. This is the blueprint for the AI.

For a classic “Snake Game,” the description could include: “A snake moves on the screen, growing longer when it eats food. Game over if it hits a wall or itself. A score is displayed.”

Step 2: App Generation and Initial Cost (0.25 Pi)

Start generation after describing the app. Like chatbot creation, it costs 0.25 Pi. If you don’t have enough, 1 Pi will be deducted, and 0.75 Pi is added to your account for future updates.

Generation takes seconds to five minutes. You get a fully functional app without writing code.

Step 3: Fine-Tuning the App with Additional AI Instructions

Further refine the app with additional instructions to the AI (0.25 Pi per edit). This is still under development and may not be available to everyone. For the Snake Game, you could instruct the AI to “add eyes to the snake.”

After editing, tap “Finish Customization.” The app is published with a functional URL. Share it on the Fireside Forum or via the Pi Browser’s App Studio category.

The Future Pi App Studio Forges: Its Unique Value

Pi App Studio isn’t just about no-code app creation. It offers:

* **Guided Workflow Strengths:** The app development process is presented in clear steps, guiding users without technical knowledge.
* **Access to Pi Network’s Vast User Base:** Pi Network has millions of users. Apps built with Pi App Studio can directly access this huge potential audience.
* **Creating Functional Online Products:** Pi App Studio enables creating functional, valuable online products, not just prototypes. Your ideas become useful tools and services within the Pi ecosystem.

Pi App Studio Q&A
Q1: Where are apps developed with Pi App Studio usable?

They’re accessible via the Pi Browser. Pi Network users can find and use them within the browser. They can also be shared on the Fireside Forum or via their own URLs.

Q2: Are Pi coins necessary for development?

Yes, currently, app creation and editing require Pi coins. However, the low cost of 0.25 Pi per app makes it accessible to Pi Network users.

Q3: Is technical knowledge truly unnecessary?

As a “no-code” platform, no complex programming is needed. You only need to express your ideas and expertise using language.

Conclusion: The Era of Everyman Creators

Pi App Studio symbolizes a new era of app development merging Web3 and AI. It democratizes app development, empowering many to build functional apps based on their knowledge and ideas.

Whether it’s an AI chatbot leveraging your expertise or a custom app based on your unique ideas, Pi App Studio simplifies the process. Your creativity can generate new value within the Pi Network ecosystem.

Join the wave and become a next-generation app creator! Learn more about Pi App Studio and Pi Network on the official Pi Network blog.

11 Common Pi Network KYC Problems & Solutions: From Pending Approval to Wallet Migration

# 11 Common Pi Network KYC Problems & Solutions: From Pending Approval to Wallet Migration

Are you a Pi Network user facing hurdles in the KYC (Know Your Customer) process? Experiencing prolonged pending approvals, Pi coin delivery issues to your wallet after approval, or a locked wallet? You’re not alone.

This article addresses 11 specific KYC problems many Pi Network users encounter, providing reliable, practical solutions for each. Consider this your roadmap to navigating KYC challenges and successfully joining the Pi Network ecosystem and migrating your Pi coins to the mainnet.

## Pi Network KYC: 11 Common Problems and Solutions

Pi Network’s KYC process is crucial for network security and fairness. However, it can be complex, leading to confusion and frustration. Here are 11 frequently reported issues and how to address them:

1. **KYC Application Stuck in ‘Pending Approval’ for Weeks or Months**

“My KYC application has been ‘pending’ for weeks or months.” This is a common concern. Some users report waiting for weeks, months, or even longer.

**Why the Delay?**
* **Community Validator Dependency:** Pi Network’s KYC relies on community validators. Validator availability and regional verification capacity are limited, causing application backlogs.
* **Backlogs:** New user influxes and system updates can create temporary backlogs.
* **Manual Verification:** Some cases require manual review, increasing processing time.

**Solutions:**
* **Avoid Resubmissions/Deletions:** Repeated submissions or deletions can worsen delays.
* **Regular App Updates & Checks:** Keep your Pi Network app updated and check your KYC status regularly.
* **Patience:** Many users report approval after prolonged waiting; it’s likely a processing backlog.
* **Check Official Announcements:** Monitor official channels (in-app notifications, social media) for updates.

This delay usually stems from system backlogs, not user error. Remain calm and patient.

2. **Mainnet Checklist Step 9 Remains Orange After KYC Approval**

Even after KYC approval, Mainnet Checklist Step 9 might remain orange. This can be misleading.

**Why is Step 9 Orange?**
* **Wallet Connection Issues:** Step 9 reflects not only KYC approval but also your Pi wallet’s connection to your Pi Network account. An issue here keeps it orange.
* **Synchronization Delays:** A delay may occur after KYC approval as the system synchronizes information.

**Solutions:**
* **Verify Account Login:** Ensure you’re logged into the correct Pi account if you have multiple accounts.
* **Verify Wallet Connection:** Open Pi Browser to confirm your wallet’s creation and connection to your account. Check if the wallet address matches Steps 3 and 9.
* **Try Re-login:** Logging out and back in may trigger synchronization.
* **Wait:** This usually resolves itself over time.

3. **Pi Coins Not Migrating to Mainnet After KYC Approval**

KYC approval doesn’t automatically migrate Pi coins. It’s a separate, complex process.

**Why the Delay?**
* **KYC and Coin Migration are Separate:** KYC proves your identity; coin migration is a different process.
* **Incomplete Mainnet Checklist:** Complete all Mainnet Checklist steps (wallet creation, passphrase storage, lockup settings).
* **Batch Processing System:** Mainnet migration happens in batches for efficiency.
* **Lockup Period:** Locked Pi coins won’t migrate until the lockup period ends.

**Solutions:**
* **Thoroughly Check the Mainnet Checklist:** Ensure all steps are green, especially Steps 3 (wallet creation) and 9 (wallet verification).
* **Verify Wallet Settings:** Ensure your wallet is correctly set up and your passphrase is securely stored.
* **Wait:** Migration takes time; it may take days or weeks.
* **Update App/Re-login:** Update your app and try re-logging in.

Your Pi coins won’t be lost. It’s likely a delay.

4. **KYC Rejection Due to Name Changes or ID Discrepancies**

Discrepancies between your ID and Pi account name (e.g., marriage name change, spelling differences) frequently cause rejections.

**Why are Discrepancies Problematic?**
* **Strict Automated Checks:** The KYC process uses automated ID scanning and facial recognition; even minor discrepancies trigger rejections.
* **Fraud Prevention:** Strict name matching prevents fraudulent accounts.

**Solutions:**
* **Prepare Official Documentation:** Provide official documents (marriage certificate, etc.) for name changes.
* **Submit Through the KYC Appeal Section:** Use the appeal section, attaching updated ID and proof of name change, with a concise explanation.
* **Update Account Name:** Update your Pi account profile to match your official ID before applying.
* **Avoid Creating New Accounts:** Don’t create a new account; this violates Pi Network policy.

Manual validator appeals have succeeded. Provide clear evidence and be patient.

5. **”Application Limit Reached” Message**

This message indicates temporary resource limitations or congestion.

**Why Can’t You Apply?**
* **Temporary Application Limits:** Pi Network limits concurrent applications for stability.
* **System Maintenance:** Maintenance may temporarily halt applications.

**Solutions:**
* **Try Again Later:** Check back periodically; application slots are regularly updated.
* **Check Official Announcements:** Look for announcements regarding application slots or system maintenance.

This is usually temporary.

6. **Locked or Inaccessible Wallet After KYC Approval**

This prevents Pi coin access and transfers.

**Why is the Wallet Locked?**
* **Synchronization Issues:** There may be delays or issues between the KYC and wallet systems.
* **Security Measures:** Suspicious activity may temporarily restrict wallet functionality.

**Solutions:**
* **Check Pi Browser:** Ensure Pi Browser is updated and launched correctly from the Pi app.
* **Reload Wallet:** Reload the wallet page in Pi Browser or restart the browser app.
* **Restart Your Device:** Restart your smartphone or PC.
* **Wait:** If issues persist, wait a few hours or a day.

7. **Repeated “Upload Errors” When Submitting Documents**

This prevents document uploads.

**Why Upload Errors?**
* **Unstable Network Connection:** Unstable Wi-Fi or mobile data leads to upload errors.
* **File Format/Size Issues:** Unsupported file formats or oversized images cause errors.
* **Server Load:** High server load may cause delays or errors.

**Solutions:**
* **Stable Network:** Use a stable Wi-Fi connection.
* **Check Image Files:** Use supported formats (JPEG, PNG) and appropriate sizes; resize if needed.
* **Restart App/Change Device:** Restart the Pi app or try a different device.
* **Change Time of Day:** Try applying during off-peak hours.

8. **Mismatched Wallet Addresses in Mainnet Checklist Steps 3 and 9**

This impacts Pi coin migration.

**Why the Mismatch?**
* **Incorrect Wallet Connection:** This happens with multiple wallets or when using a different wallet than the one linked to your account.
* **System Display Bug:** A rare possibility is a temporary display issue or synchronization delay.

**Solutions:**
* **Verify Wallet Address:** Carefully compare the wallet address in Pi Browser with the addresses in Steps 3 and 9.
* **Verify Correct Wallet Connection:** Ensure the correct wallet is linked to your Pi Network account.
* **Contact Official Support:** If problems persist, report the issue to Pi Network’s official support.

9. **Disabled Transfer Function After KYC Approval**

KYC approval doesn’t mean immediate transfer capability. Further conditions must be met.

**Why is the Transfer Function Unavailable?**
* **Ongoing Mainnet Migration:** The transfer function becomes active upon full mainnet migration.
* **Batch Processing Delays:** Your Pi coins may not yet be “available” due to batch processing.
* **Lockup Period:** You can’t transfer locked Pi coins.

**Solutions:**
* **Final Mainnet Checklist Check:** Verify all steps are completed (especially Steps 7 and 8 related to mainnet migration).
* **Verify Pi Coins in Wallet:** Check your Pi Browser wallet for available Pi coin balance.
* **Wait:** Many functions are available only after complete mainnet migration.

The source suggests the function isn’t actually disabled; it’s likely a misunderstanding or a temporary unavailability.

10. **Lost or Returned Pi Coins After KYC Completion**

This is a panic-inducing situation.

**Why the Apparent Loss?**
* **Temporary Display Issues:** Wallet synchronization issues or app bugs may cause incorrect balance displays.
* **Incorrect Wallet Address:** You might be referencing the wrong wallet or confusing multiple wallets.
* **System Processing:** In rare cases, coins may be temporarily held or returned to a specific wallet due to issues like fraud detection, but this is extremely rare.

**Solutions:**
* **Re-verify Wallet Address:** Check your Pi wallet’s address in Pi Browser and its transaction history.
* **Restart the Pi Network App:** A restart might resolve display issues.
* **Check Pi Network Official Announcements:** Check for information on large-scale system changes or known bugs.
* **Contact Official Support:** Contact Pi Network support if problems persist.

Your Pi coins are unlikely to be permanently lost after KYC completion. It is most often a temporary display issue or a temporary state during system processing.

11. **KYC Completed on the Wrong Pi Account**

Completing KYC on the wrong account leaves your intended wallet empty.

**Why is the Wallet Empty?**
* **Account/Wallet Mismatch:** The KYC-completed account doesn’t match the account holding your Pi coins.
* **Multiple Account KYC Attempts:** Pi Network policy generally allows one account per person. Attempting KYC on multiple accounts can cause issues.

**Solutions:**
* **Identify the KYC-Completed Account:** Pinpoint the account where KYC was completed.
* **Verify Wallet Link:** Check if the wallet linked to the KYC-completed account matches your Pi coin holding wallet.
* **Understanding the Truth:** An empty wallet likely means you’re using the wrong account’s wallet. Multiple account KYC attempts are problematic.

To avoid this, verify your account and wallet linkage and ensure you are using only your primary account before KYC.

## Conclusion: Patience and the Right Approach are Key to Pi Network KYC Success

Pi Network’s KYC process presents unique challenges due to its decentralized and community-driven nature. Many issues resolve through understanding the system and patience. By addressing the problems described here, you can ensure secure Pi Network use and smooth Pi coin migration to the mainnet. Act calmly, using accurate information; this is the surest path to full participation in the Pi Network ecosystem.

## Further Exploration of Pi Network: Using Reliable Information Sources

Information about Pi Network’s KYC and ecosystem is constantly updated. This article aims to help resolve your issues. For more details or the latest guidelines, consult Pi Network’s official website, official announcements, trustworthy community guidelines, and in-depth explanations from experts.

Why Isn’t Pi Network Listed on Binance, the World’s Largest Exchange? 15 Key Reasons Explained

## Introduction: The “Why” Behind Pi Network and Binance

The cryptocurrency world constantly sees new projects emerge, each garnering attention. Pi Network, with its tens of millions of users and its unique smartphone mining approach, is a prime example, generating significant buzz due to its accessibility and enthusiastic community. Meanwhile, Binance, a behemoth in digital asset trading, wields immense market influence through its unparalleled trading volume and extensive user base. For many cryptocurrency projects, a Binance listing is considered the holy grail, capable of dramatically altering their trajectory overnight.

However, despite its large user base and dedicated community, Pi Network remains unlisted on major exchanges like Binance. This “why” has been a long-standing question within the Pi Network community. Why would the world’s largest exchange not list such a widely adopted digital asset?

This article delves into the complexities, exploring 15 crucial reasons why Pi Network is reportedly not listed on Binance, offering a multifaceted perspective. We’ll examine the underlying issues from technical hurdles and economic models to governance and regulatory concerns, unraveling the intricacies. This article aims to provide a deeper, more accurate understanding of Pi Network’s current state and future prospects.

## Technical Barriers to Listing: Infrastructure Challenges Facing Pi Network

At the heart of Pi Network’s inability to secure a Binance listing lie significant technical issues. Binance lists only coins with robust, secure, and scalable blockchains. They demand open and auditable code, seamless integration, and proven performance. However, Pi Network’s current infrastructure fundamentally differs from these Binance standards.

### A Closed Mainnet: The “Greenhouse” Preventing Exchange Integration

Pi Network’s mainnet currently operates in what’s termed the “Enclosed Network Phase.” This crucial development stage is akin to a greenhouse, nurturing a delicate plant. It’s not connected to external blockchains or the broader cryptocurrency market, forming a walled garden ecosystem functioning solely within Pi Network’s internal system. This isolation is intentional, allowing the core team to fine-tune the network, identify and address potential vulnerabilities, and establish a stable and secure foundation.

### Binance’s Inability to Create Wallets and Verify Transactions: Due to this closed-network nature, major exchanges like Binance cannot create Pi coin wallets. They lack the ability to independently verify Pi coin deposits on their platform. This is a fundamental requirement for guaranteeing the legitimacy of assets handled by exchanges, posing a critical problem for Binance.

### Lack of Transparency and Verifiability: Risks Associated with a Closed Network: Furthermore, as long as Pi Network’s blockchain remains closed, Binance and other exchanges cannot audit transactions on the Pi Network. This lack of transparency poses a significant risk. The absence of verification and auditing capabilities is unacceptable for reputable exchanges. Exchanges handling billions of dollars in user assets bear a fiduciary responsibility to protect those funds. Unless Pi Network becomes a fully open, permissionless mainnet where anyone can access and verify blockchain data, Binance would essentially be “flying blind,” operating without the necessary visibility into Pi Network’s inner workings.

Pi Network’s current strategy focuses on maturing its ecosystem, building a strong community, and developing practical use cases for Pi coin before opening the mainnet to the public. However, this approach directly clashes with the fundamental requirements of major exchanges like Binance, which prioritize transparency and independent verification. Therefore, until Pi Network’s mainnet becomes fully open, permissionless, and accessible to external validators, a listing on major exchanges is technically impossible – a significant hurdle to overcome for broader adoption.

## Binance Compatibility Issues: The Cost of a Custom Blockchain

Even if the mainnet were open, Pi Network’s custom blockchain isn’t built on the BNB Smart Chain (Binance’s proprietary blockchain network) or Ethereum, which Binance prefers. Binance favors projects built on its own chain for easier and safer integration.

Listing Pi Network would require custom engineering, development of new wallet software, and ongoing maintenance from Binance—a considerable investment for a relatively new and unproven asset. With thousands of compatible projects awaiting listing, Pi Network’s independent blockchain structure is a significant disadvantage.

## Liquidity and Market Confidence: Pi Network’s Economic Challenges

In the cryptocurrency market, liquidity reigns supreme. Binance requires deep, verifiable on-chain liquidity to ensure smooth trading and prevent market manipulation. However, Pi Network currently fails to meet this requirement.

### Opaque On-Chain Liquidity: Divergence from Exchange Liquidity Principles:
Pi Network’s closed mainnet means no public exchanges or decentralized exchanges (DEXs) exist. All transactions are limited to off-chain transactions or direct peer-to-peer (P2P) trades. In this situation, Binance cannot verify Pi Network’s actual liquidity.

### Market Manipulation and Volatility Risks: Listing illiquid assets increases the risk of wild volatility and market manipulation by a few large holders. Since Binance prioritizes user asset protection, Pi Network cannot meet Binance’s minimum requirements without verifiable on-chain liquidity. This resembles a chicken-and-egg problem, a challenge yet to be resolved.

## Uncertainty in Token Economics: Concerns Regarding Pi Coin Design and Distribution

Binance seeks projects with fair and transparent token distribution and clear supply mechanisms. Pi Network’s smartphone mining approach is innovative, but its supply and distribution methods are opaque and deviate from conventional standards. Unclear supply, allocations to insiders, and ambiguous inflation control raise red flags for Binance.

### Unclear Supply: A Black Box Making Valuation Difficult:
The exact number of Pi coins in circulation is currently unknown. The supply dynamically fluctuates based on user activity, but there’s no publicly available on-chain dashboard detailing this. This prevents Binance from calculating Pi’s accurate market capitalization or assessing inflation risks.

### Contradiction with the “Don’t Trust, Verify” Principle: A core principle in the cryptocurrency industry is “Don’t Trust, Verify.” However, for Pi Network, supply information relies solely on the core team’s statements, lacking transparency. Until Pi Network provides complete on-chain accounting data, Binance can only speculate about Pi’s economic situation—an unacceptable scenario.

### Centralized Distribution Risk: Core Team Token Holdings and Lack of Transparency:
The Pi Network core team reportedly holds 20% of the total supply—a substantial portion. However, there’s no vesting schedule or disclosure of publicly available wallet addresses. Binance views this as a centralization risk, as insiders could potentially dump a large number of tokens, crashing the market price.

For a Binance listing, Pi Network needs to lock core team tokens in auditable smart contracts and demonstrate fair distribution. Currently, the risk is deemed too high.

### Ambiguous Supply Control: A Governance System Threatening Stability:
Pi Network allows users to earn higher mining rates by locking tokens. However, broader supply control mechanisms are unclear and not on-chain automated. Binance seeks predictable and transparent mechanisms, avoiding the current reliance on manual or arbitrary decisions. Unless Pi Network provides clear and public rules regarding token unlocking and burning, Binance will find it difficult to predict Pi’s future economic model.

## Governance and Transparency: Deviation from Decentralization Principles

Binance values projects with decentralized governance and open operations. However, Pi Network’s decision-making shows a centralized tendency, with limited community input and code transparency.

### Centralized Decision-Making: A Single Point of Failure in Project Operations:
The Pi Network core team controls almost all aspects of the project: code, servers, and KYC processes. True decentralization means distributed authority and a robust system. Pi Network, however, is viewed as having a single point of failure.

Binance wants to see concrete progress toward community governance and a decentralized infrastructure. Until Pi Network delegates meaningful control to the community, a listing remains a high-risk gamble for Binance. This centralization is a major barrier.

### Lack of Open-Source Code and a Detailed Roadmap: Obstacles to Due Diligence:
Publishing open-source code and a detailed roadmap are standard practices in the cryptocurrency industry. Binance’s team needs to audit the code and track the project’s milestones. However, Pi Network’s core blockchain code isn’t fully open, and its roadmap lacks detail and deadlines.

As long as this fundamental lack of transparency persists, Binance cannot conduct proper due diligence. For a listing, Pi Network needs to open-source its code and publish a clear, time-bound roadmap.

## Regulatory and Legal Ambiguity: The Biggest Hurdle

Binance operates globally and cannot risk listing tokens with legal ambiguities or warnings from regulators. Especially after paying a $4.3 billion penalty and strengthening its compliance, every Binance listing faces stringent legal scrutiny. Pi Network’s unique model presents complex legal issues that Binance cannot ignore.

### Unclear Legal Status: Regulatory Warnings and Binance’s Cautious Stance:
Pi Network’s legal status is unclear. Whether it’s a currency, commodity, security, or something else remains undefined. Some countries have issued warnings against Pi Network, with some even labeling it a potential pyramid scheme.

### Binance’s Compliance-First Approach: For Binance, even a single regulatory red flag is a significant compliance headache. Navigating the complex web of different laws worldwide is risky and expensive. After the hefty $4.3 billion penalty, Binance is now extremely cautious. Compliance is the top priority, and listing standards are higher than ever. Tokens like Pi Network with legal uncertainty are likely to be rejected outright. Binance cannot afford further regulatory missteps.

### “Security” Determination Risks: The Howie Test and SEC Scrutiny:
Whether Pi Network is a security or a utility token remains ambiguous. US law uses the Howie Test to determine if a cryptocurrency is a security. Pi Network’s model falls into a gray area under this test.

If Pi Network is deemed a security, Binance would need special licenses, facing massive legal risks. Given the SEC’s tough stance on cryptocurrencies, even a hint of doubt leads to rejection. Until Pi Network’s legal status is clarified, Binance won’t touch it.

## Conclusion: Challenges Pi Network Must Overcome for a Binance Listing

We’ve explored 15 complex reasons why Pi Network hasn’t been listed on major exchanges like Binance. This isn’t due to oversight or neglect; it’s a confluence of factors spanning technical readiness to regulatory compliance. Understanding these reasons is crucial for anyone interested in Pi Network and the broader cryptocurrency landscape, offering deeper insights into future challenges and opportunities.

Pi Network’s challenges aren’t single, isolated issues; they’re a web of interconnected technical, economic, governance, and legal barriers. Each aspect presents its own hurdle, requiring dedicated effort and strategic solutions for Pi Network to realize its full potential and achieve wider acceptance within the cryptocurrency community.

Pi Network’s large community is impressive, a testament to the project’s vision and user dedication. However, a large community doesn’t guarantee a major exchange listing. Regardless of user base size, specific criteria and requirements must be met.

First, the mainnet must be open, enabling unrestricted trading and full functionality, demonstrating project viability and readiness for broader adoption. Second, token economics must be transparent, providing clear information about Pi coin distribution, supply, and the overall economic model. This transparency is crucial for building trust among potential investors and users. Third, governance must be decentralized, allowing the community to participate in key decisions and ensuring that the project isn’t controlled by a single entity. This fosters a sense of ownership and promotes long-term sustainability. Finally, legal clarity is paramount, ensuring Pi Network operates within the applicable laws and regulations. This is especially important given the evolving cryptocurrency regulatory landscape.

Ultimately, the ball is in Pi Network’s court. Whether the core team and community can address these challenges head-on and demonstrate a commitment to building a robust and sustainable cryptocurrency remains to be seen. Time will tell if they can overcome these hurdles and achieve their goals.

## Related Information and Further Learning

Pi Network’s future trajectory is noteworthy for the entire cryptocurrency industry. How Pi Network navigates the challenges outlined in this article—or doesn’t—will provide valuable lessons. For the latest updates on Pi Network and to deepen your cryptocurrency expertise, continuous learning from reliable sources is recommended.

Share your predictions and opinions about Pi Network’s future. We welcome lively discussions in the comments section. And if you found this analysis helpful, please explore other articles on our blog. We strive to provide the latest insights and analysis to satisfy your intellectual curiosity.

Pi Network and Zipto: Forging a Future of Decentralized Finance and Seamless Real-World Payments

Since their inception, cryptocurrencies have promised to revolutionize the financial world. However, their image as speculative investments has overshadowed their practical applications, leaving a significant gap in their integration into our daily lives.

Amidst this, the concept of Web3, the next generation of the internet, is gaining traction, with decentralized finance (DeFi) built on blockchain technology emerging as a key solution to this challenge. DeFi, enabling anyone to access financial services without centralized intermediaries, is poised to fundamentally alter how we interact with finance.

This article delves into the exciting news of Pi Network’s partnership with the innovative platform Zipto. This collaboration has the potential to significantly enhance the utility of Picoin, creating a seamless bridge between decentralized finance and everyday transactions. Through this article, you’ll gain a deeper and more accurate understanding of the future Decentralized Finance promises and how it will impact our lives.

What the Pi Network and Zipto Partnership Means: Joining as a KYB Merchant

Zipto’s inclusion in Pi Network’s official Know Your Business (KYB) approved merchant list marks a crucial step in Pi Network’s journey to connect decentralized finance with real-world usability.

Pi Network: A Unique Approach

Pi Network is a cryptocurrency project distinguished by its ability to mine (or ‘mint’) cryptocurrency directly from smartphones. Emphasizing inclusivity by making crypto accessible to everyone, it has built a large global community. However, Picoin hasn’t yet transitioned to an open mainnet and isn’t tradable on major cryptocurrency exchanges.

Zipto: Overview of Key Services

Zipto is a rapidly growing platform providing decentralized finance (DeFi) swap functionalities and Visa card payment support. Its key features are the efficient exchange of digital assets within a decentralized environment and its role in bridging digital assets to real-world payments.

The Significance of the “KYB Merchant List”: Commitment to Trust and Utility

“Know Your Business” (KYB) is a process verifying that a business operates legitimately. Similar to “Know Your Customer” (KYC), which financial institutions use to prevent money laundering and terrorist financing, KYB ensures business trustworthiness and transparency. Zipto’s KYB approval as a Pi Network merchant signifies verified reliability and security within the Pi Network ecosystem.

The purpose of this partnership is clear: to strengthen Pi Network’s user-centric ecosystem and dramatically improve the utility of Picoin by integrating it into everyday transactions and DeFi services.

Zipto’s Two Core Functions: DeFi Swaps and Visa Card Integration

Zipto’s two core functions address long-standing challenges in cryptocurrency adoption and concretize the future of decentralized finance envisioned by Web3.

Decentralized Finance (DeFi) Swap Functionality Explained

DeFi provides financial services directly on a blockchain, bypassing centralized intermediaries like banks and brokerages. This grants global access to financial services, irrespective of geographical location or time constraints.

Zipto’s DeFi swap functionality enables efficient exchange of digital assets. It’s like exchanging foreign currency directly between individuals, automatically and without banks or exchange bureaus. This empowers users with greater control over their assets, facilitating transactions without centralized exchange interference, perfectly aligning with Web3’s goal of returning control to users.

The Innovation of Picoin and Visa Card Payment Integration

One major hurdle for cryptocurrency adoption is its ‘utility’. Many users must convert their crypto into fiat currency (like USD or EUR) before using it for daily purchases. This conversion process creates a significant divide between cryptocurrency and the real world.

Zipto’s Visa card payment support offers a powerful solution. It opens the possibility for Pi Network users to utilize their digital assets (including Picoin in the future) for real-world payments through Zipto’s platform. It’s important to understand this isn’t directly using Picoin with a Visa card, but rather converting Picoin to a spendable form via Zipto’s platform to leverage the convenience of Visa payments. This integration is vital for reinforcing Picoin’s role not just as an investment but also as a daily-use currency.

“Users will truly appreciate the value of cryptocurrency when they can not only hold it, but actually use it in their daily lives.”

The Evolution of the Pi Network Ecosystem Towards Practical Cryptocurrency Use

The Zipto partnership symbolizes the evolution of the entire Pi Network ecosystem.

Expansion of Practical Use Cases: Pi Network aims to build a vibrant ecosystem where users can exchange Picoin for real services and goods, not just a mining app. The participation of KYB-approved merchants like Zipto provides tangible opportunities for practical use.
Enhanced Trust and Legitimacy: The involvement of KYB-vetted companies increases the health and trust within the Pi Network ecosystem. This reassures potential developers and businesses, stimulating further expansion.
Pathway to a “Utility Coin”: Payment and exchange services like Zipto are essential for establishing Picoin as a “utility coin” – integral to everyday transactions and service use – rather than just a speculative asset.

This move represents a concrete step towards mainstream adoption of cryptocurrency, moving beyond specialists and investors.

Shaping the Future: The Societal Transformation Brought About by Web3 and Decentralized Finance

The Zipto and Pi Network partnership signifies the potential of Web3 and DeFi for our society.

Establishment of Individual Financial Sovereignty: DeFi mechanisms empower individuals to directly manage and transact their assets, independent of centralized financial institutions.
Frictionless Global Economic Activity: Blockchain technology has the potential to reduce barriers to cross-border transactions, significantly lowering fees and processing time. Services like Zipto bring this future closer.
Creation of New Business Models: The evolution of decentralized technology is expected to generate unprecedented services and business models, fostering overall economic innovation.

Of course, as a nascent technology, challenges remain in security, regulation, and user interfaces. However, the Zipto and Pi Network partnership represents a significant milestone in building a more accessible and practical future for decentralized finance.

Conclusion: Walking Together Towards the Future of Decentralized Finance

Zipto’s addition to Pi Network’s KYB approved merchant list is a groundbreaking event for the Pi Network ecosystem and the utility of Picoin. Zipto’s DeFi swap functionality and Visa card integration will be a powerful catalyst in evolving cryptocurrency from a mere investment asset into a payment method seamlessly integrated into our daily lives.

This partnership accelerates the shift from centralized financial systems to a decentralized Web3 ecosystem, representing a significant step towards a freer, more efficient, and user-centric financial system. We are witnessing a transformative moment in the future of finance. To avoid being left behind this innovative wave, it’s crucial to stay informed, and continue to explore the potential of the future envisioned by decentralized finance.

For those wishing to learn more, we recommend referring to introductory books on DeFi and Web3, as well as official Pi Network information.

Datagram: A Complete Guide to Node Mining and Airdrop Opportunities

The world of cryptocurrencies constantly evolves, presenting new opportunities. Among the most attractive are airdrops, where new tokens are distributed for free. Recently, node mining has gained prominence as a more proactive way to contribute to a network and earn airdrops.

This article focuses on the promising project Datagram, exploring why it’s attracting airdrop enthusiasts and technologists. Datagram employs a unique approach: automatic claim node mining, setting it apart from traditional airdrops. Its sound tokenomics and vibrant community build strong project credibility.

We’ll cover Datagram’s fundamental mechanisms, how to earn airdrops through node operation, and efficient mining using VPS (Virtual Private Servers). Even without prior technical knowledge, you’ll gain a deep understanding of Datagram and build a solid foundation for participating in the future digital economy.

Understanding Datagram: What is Automatic Claim Node Mining?

Datagram aims to build a new decentralized network. At its core is node mining, where users provide their computing resources to earn rewards.

Datagram: Basic Information and Overview

The name “Datagram” evokes digital communication services like Instagram and Telegram, suggesting an intention to create a new paradigm for data and message exchange. This project is particularly notable for its “automatic claim” airdrop system.

The Difference from Traditional Airdrops: Advantages of Automatic Claiming

Many airdrops require participants to manually “claim” rewards daily by opening an application or performing specific actions. Datagram, however, automatically awards rewards as long as the node is operational. This is a key differentiator.

Node mining acts like an “accountant” or “administrator” for the blockchain network. By contributing to transaction verification and record maintenance, nodes ensure the overall security and stability of the network.

This automatic claim feature significantly reduces user effort, enabling more efficient reward acquisition.

The Role of Node Mining: The Foundation of a Decentralized Network

In Datagram, node mining is more than just a means of earning tokens. Operating a node is crucial for the decentralization and robustness of the Datagram network. Many nodes make the network less reliant on central points of failure, creating a safer and more censorship-resistant system.

Analyzing Datagram’s Health: Innovative Tokenomics and High Engagement

A project’s long-term success and trustworthiness depend heavily on its tokenomics (token economic model) and community activity. Datagram excels in both areas.

A Striking 50% Miner Reward Rate: Detailed Datagram Tokenomics

The most striking aspect of Datagram’s tokenomics is its token distribution. Of the total supply of 10 billion tokens, a remarkable 50% is allocated as rewards for node operators (miners). This clearly prioritizes community rewards and network decentralization.

Here’s a breakdown of Datagram’s main token allocation:

Item Percentage Description
Node Operator Rewards 50% Primary rewards for participants contributing to network maintenance
Investors 10% Early investors (36-month vesting period)
Team 12% Project development and operations team
Market Makers/Exchanges 10% Liquidity provision and facilitating major exchange listings
Advisors 3% Compensation for external experts
Key Opinion Leaders (KOLs) 1.5% Rewards for influential community leaders

※ While the allocation for ecosystem development isn’t explicitly stated, it’s estimated to be approximately 13.5% of the remaining tokens.

The allocation to investors is limited to 10%, with a significant 36-month vesting period. This mitigates the risk of investors dumping tokens for short-term gains, promoting long-term stability and growth.

A Testament to Trust: High Community Engagement and Strategic Funding

Datagram’s official X (formerly Twitter) account currently (at the time of writing) boasts approximately 162,000 followers. However, it’s not just the follower count; the engagement rate (likes, retweets, and comments) on individual posts is exceptionally high. This suggests a large number of genuine, highly engaged followers, rather than bots or fake accounts.

Furthermore, Datagram has secured $4 million in pre-funding from notable investors like Avax Blizzard Fund, Abrand, and Pin X. The support from Avax Blizzard Fund is particularly significant, given Datagram’s infrastructure on the Avalanche blockchain, showcasing technical credibility and potential future collaboration.

Datagram Node Mining Practical Guide: From Setup to Optimization

Datagram’s node mining is relatively easy to start, even without extensive technical knowledge. Here’s a guide to setup and tips for maximizing rewards.

Step-by-Step Node Setup: From Account Creation to Software Installation

The basic steps for running a Datagram node are:

  1. Account Creation on the Official Website: Visit the official Datagram website and create an account using your email address and password.
  2. Software Download and Installation: Download the dedicated software to run the Datagram node. It supports major operating systems (Windows, macOS, Linux), so choose according to your environment. Follow the instructions to install it.
  3. License Key Acquisition and Configuration: Obtain your “license key” from your account dashboard. This alphanumeric key is needed to start the installed software. Entering the key will start your node.

These steps are similar to typical software installation processes and don’t require complex command-line operations.

The Key to Maximizing Uptime: Using a VPS

For maximizing rewards in Datagram node mining, uptime is key. The longer your node runs, the more points (potential future tokens) you earn.

Comparing PC Operation and VPS Operation: Advantages and Disadvantages

You can run a node on your PC, but power outages or internet disruptions will stop the node, losing earning opportunities. Keeping a PC running 24/7 is often impractical due to electricity costs and PC lifespan.

A VPS (Virtual Private Server) is highly recommended.

A VPS is like a “rented office” on the internet, running stably 24/7. Your node continues to operate even if your PC is offline.

VPS maximizes node uptime, leading to more efficient reward generation.

VPS Cost and Efficient Usage

VPS plans range from a few dollars to around $20 per month. Start with cheaper plans if budget is a concern. Sharing a VPS with friends can also reduce costs.

Accelerating Point Acquisition: Synergistic Effects of Node Operation and Referral Programs

Datagram offers more than just node operation for earning points; there’s also a referral program. Combining both maximizes point accumulation.

  • Point Acquisition through Node Operation: The primary method; stable node operation automatically accumulates points.
  • Referral Program Mechanism: Referring friends who register and start activities through your referral link earns you additional points. This program is reportedly multi-tiered (up to level 3), meaning you could potentially earn rewards even if the people you referred also refer others.

Combining these methods increases the potential rewards when the Datagram token launches on the mainnet.

Datagram Project Status and Future Outlook: An Early Adopter’s Opportunity

The Datagram project is rapidly expanding its community, attracting significant attention despite being in its early stages.

Current Miner Count Trend and Project Growth

The number of Datagram node miners is steadily increasing. From approximately 55,000 miners about three weeks ago, it’s now over 82,000 worldwide. This clearly indicates growing interest and anticipation.

Reports show significant participation from Nigeria and specific US states, highlighting broad community formation across different regions.

Potential Mainnet Launch and Timing

Current analysis suggests a potential Datagram mainnet launch as early as this month or next. Actively operating nodes and accumulating points during the testnet stage directly translates to greater rewards after the mainnet launch.

Advantages and Considerations of Early Participation

Datagram is in its very early stages, offering an early adopter opportunity for potentially large future returns. However, like any airdrop project, success isn’t guaranteed.

Before participating, thorough research and careful consideration of your risk tolerance are essential.

Conclusion: Contribute to the Web3 Future with Datagram and Seize New Earning Opportunities

Datagram, with its novel approach of automatic claim node mining, is shaping the Web3 future. Its sound tokenomics, vibrant community, and strategic funding are strong indicators of its potential.

Node mining isn’t just about earning tokens; it’s about contributing to a decentralized network and supporting Web3 ecosystem growth. Use the knowledge gained here to explore this opportunity further by visiting the official Datagram website and reading the whitepaper.

In this early stage, participating in Datagram node mining allows you to seize new income opportunities at the forefront of the digital economy and contribute to the future of Web3.

Maximize this opportunity to enhance your digital asset portfolio.

Complete Guide to the Minian Lab (Minion Lab) Airdrop: Contribute to the Future of AI Decentralized Networks and Earn Rewards

In recent years, the concept of “airdrops” has gained widespread recognition alongside the evolution of Web3. This is a strategy employed by new blockchain projects to acquire early users and build communities by distributing their tokens for free. The convergence of artificial intelligence (AI) and blockchain is particularly fertile ground for new possibilities. Among the projects attracting attention is Minian Lab (Minion Lab), which aims to build a decentralized AI infrastructure.

This article delves into what Minian Lab is, why it’s garnering attention, and, most importantly, how its airdrop mechanism works, how to participate, and strategies for efficient point accumulation. All this is explained objectively and logically, ensuring understanding even without prior specialized knowledge. Are you ready to ride the new wave of Web3?

Understanding the Basics and Mechanics of the Minian Lab (Minion Lab) Airdrop

Minian Lab (also referred to as Minion Lab) aims to build an infrastructure for decentralized AI computation. This enables the massive computational resources required for AI development to be provided by globally distributed computers (nodes) without reliance on centralized providers. Users contribute to this network by providing their computing resources and receive rewards (points) based on their contribution.

What is Minian Lab (Minion Lab)? Contributing to the Future of Decentralized AI Ecosystems

Minian Lab provides a foundation for performing advanced computational processes, such as AI model training and inference, on a decentralized P2P (peer-to-peer) network. This allows AI developers to leverage AI more affordably and in a censorship-resistant environment. Ordinary participants can contribute to the project as “node runners” by providing the excess computing power of their PCs or servers, receiving Minian Lab points in return. These points could potentially be exchanged for the project’s native token in the future, a quintessential Web3 model of “contribution equals reward.”

Reward Mechanism in Airdrop Participation: Points and the Tier System

In the Minian Lab airdrop, points are primarily earned through:

  • Contribution through Device Connection: Continuously earn points by connecting your device to the Minian Lab network and providing computing resources. Connecting multiple devices increases point accumulation.
  • Epoch-Based Aggregation: Points are aggregated at the end of specific periods (called Epochs), and rankings and rewards are determined based on contribution during that period.
  • Tier System: Participants are ranked based on their contribution and points earned. Reaching higher tiers may unlock more advantageous rewards and benefits. For instance, Tier 2 participants may need a specific number of points and referrals to advance to the next tier.

One participant’s data shows the following progress:

  • Total Points Earned: 452
  • Total Points Earned in Epoch 6: 852
  • Ranking in Epoch 6: Below 999th
  • Current Tier: Tier 2
  • Points Needed for Next Tier (Tier 3): 2551 points
  • Referrals Needed for Next Tier (Tier 3): 1

This data suggests that consistent contribution and strategic referral activities are crucial for advancing to higher tiers and maximizing rewards.

Minian Lab (Minion Lab) Operational Status: Online Status and the Prospect of Daily Tasks

The Minian Lab network status is typically “online,” aiming for stable operation. Future enhancements, including “daily tasks,” are anticipated. Daily tasks are expected to offer more diverse contribution methods, increasing opportunities for participants to easily earn points daily.

How to Participate in the Minian Lab (Minion Lab) Airdrop and Strategies for Efficient Point Accumulation

Participating in the Minian Lab airdrop is relatively straightforward, but understanding a few key points can significantly improve reward efficiency.

First Steps: Account Registration and Device Connection

Participation in Minian Lab begins with account registration through the official website. Using a referral link from an existing participant often streamlines registration and may provide referral bonuses. Once registered, connect your computing devices to the Minian Lab network. Owning multiple devices allows for increased contribution and higher point accumulation.

Maximizing Points: Leveraging the Referral Program

Similar to many Web3 projects, Minian Lab offers a referral program. Existing participants earn additional points and benefits by inviting new users. Even with zero referrals, actively promoting the project among friends and acquaintances accelerates point accumulation and helps meet tier advancement requirements (e.g., “one more referral needed”).

Looking Ahead: Anticipation for Daily Tasks and Community Activities

The “Coming Soon” daily tasks will be a key element in future point earning. Completing simple daily tasks allows for the continuous accumulation of points. Active participation in the Minian Lab community is also crucial for deepening project understanding, accessing the latest information, and networking with other participants. Contributing to a vibrant community may yield intangible rewards and future opportunities.

Precautions and Risks Associated with Participating in the Minian Lab (Minion Lab) Airdrop

While the Minian Lab airdrop offers attractive opportunities, it’s crucial to consider the general precautions and risks common to all Web3 projects. Before participating, carefully consider:

  • Early Project Stage: Minian Lab is a relatively new project; its technology and business model are still under development. The future value of its token and the project’s ability to meet its goals involve uncertainty.
  • Risk of Fraud: The attractiveness of airdrops unfortunately attracts fraudulent schemes. Be cautious of phishing websites mimicking the official site and suspicious links; never enter personal information or private keys.
  • DYOR (Do Your Own Research) Principle: Always adhere to the “Do Your Own Research” principle before investing or participating. Thoroughly investigate Minian Lab’s whitepaper, roadmap, team members, and community reputation before committing.

Conclusion: Will the Minian Lab (Minion Lab) Airdrop Be a New Beginning?

The Minian Lab (Minion Lab) airdrop provides an opportunity to contribute to a future-oriented decentralized AI infrastructure project while earning rewards. By participating as a “node runner” providing computing resources and leveraging the referral program, you can steadily accumulate points and aim for higher tiers. Anticipated daily tasks will further enhance consistent reward opportunities.

Web3 is rapidly evolving, and early participation in emerging technological trends can yield significant benefits. Projects like Minian Lab have the potential to contribute significantly to the future of decentralized AI. Consider this opportunity not merely as a way to earn something for free, but as a step towards deepening your understanding of the Web3 ecosystem, satisfying your intellectual curiosity, and contributing to the future of digital society.

If you’re interested in Minian Lab (Minion Lab), we recommend visiting the official website to gain a deeper understanding of its vision and mechanisms. Your new challenge at the frontier of decentralized AI might just begin here.

Complete Guide to the Plum Network Airdrop: Maximize Your Rewards Without Expert Knowledge!

The world of Decentralized Finance (DeFi) is constantly evolving, presenting new opportunities. Among them, airdrops from promising projects have garnered significant attention, offering rewards to early participants.

This article focuses on the airdrop, specifically Season 2, conducted by Plum Network, a project pioneering a new horizon in cross-chain DeFi. Understanding this information is not only about deepening your cryptocurrency knowledge but also about taking the first step towards seizing new reward opportunities through practical participation in the DeFi ecosystem.

However, the terms “airdrop” and “DeFi” might evoke a sense of needing complex expertise. This article objectively and clearly explains the core of the Plum Network Airdrop and provides specific strategies for efficiently earning points, even without prior specialized knowledge.

What is Plum Network? A New Horizon in Cross-Chain DeFi

Plum Network is a project aiming to provide seamless asset transfer and DeFi services across different blockchains. Unlike traditional DeFi, often limited to specific blockchains, Plum Network features cross-chain compatibility, aiming to allow a wider range of users to participate in the DeFi ecosystem.

Its main features include decentralized exchange (DEX) functionality, asset lending and borrowing, and liquidity provision. This allows users to integratively manage and utilize assets on various blockchains within the Plum Network.

Airdrops are a common method for new projects to build communities and incentivize early users. Plum Network’s airdrop aims to activate the ecosystem and decentralize its token. Points and badges earned through participation may lead to future rewards (such as token distribution) and provide opportunities to enhance your experience in the DeFi field.

Plum Network Airdrop Season 2: Basic Knowledge and Prerequisites

Plum Network Airdrop Season 2 is a program that awards points based on contributions to the Plum Network ecosystem, leading to future rewards. Participation is relatively easy, but some prerequisites and basic understanding are necessary.

  • Requirements:
    • A Web3-compatible wallet (e.g., MetaMask or other EVM-compatible wallet)
    • A small amount of cryptocurrency (approximately $10 is recommended for gas fees and task execution).
  • Role of Points and Badges:

    Points earned in the airdrop are an important indicator that may influence the amount of future token distribution. Badges awarded for completing specific tasks serve as proof of activity and may lead to additional incentives.

Detailed Airdrop Quests: Basic Operations to Earn Points

This section details the specific basic operations to earn points in Plum Network Airdrop Season 2. Each operation is a fundamental DeFi activity; practicing them will deepen your understanding of the Plum Network ecosystem.

Completing New Quizzes: Deepening Knowledge and Building a Foundation

Quizzes are provided to measure your understanding of Plum Network. This is the first step in acquiring basic knowledge of the project and preparing for participation in the ecosystem.

  • Procedure Overview:
    • Access the Plum Network dashboard and open the relevant quiz section.
    • Answer the questions displayed. Answers are often found in the project’s whitepaper or official documentation.
    • Completing the quiz earns basic points.

Liquidity Provision: Contributing to the DeFi Ecosystem

Liquidity provision involves depositing your assets into a liquidity pool on a decentralized exchange (DEX) to ensure smooth token trading. It’s like stocking a store with goods so customers can always shop.

In Plum Network, liquidity provision for the xAUM and USDC pair is a quest objective.

  • Specific Steps:
    1. Access the Plum Network DEX or liquidity provision page and connect your wallet.
    2. If you don’t have xAUM tokens, obtain them by swapping other tokens such as USDC.
    3. Select the “Add Liquidity” or “New Deposit” option.
    4. Deposit xAUM and USDC into the pool at the specified ratio (usually 50:50).
    5. Approve the transaction in your wallet. Allowance confirmation is required. If you are asked for “Unlimited” approval, consider manually setting the exact amount you are depositing to minimize security risks.
    6. Once liquidity provision is complete, you will receive LP tokens (tokens proving your liquidity provision), completing the quest.
  • Note:

    Liquidity provision carries the risk of impermanent loss. This refers to the possibility that the value of your deposited tokens may decrease due to price fluctuations compared to if you hadn’t deposited them.

Deposit & Borrow: Effective Use of Funds and Risk Management

Plum Network’s lending/borrowing protocol allows you to deposit assets to earn interest or borrow other assets using your deposited assets as collateral. This is similar to bank deposits and loans, but automated on a blockchain.

Specifically, lending/borrowing operations using pUSD tokens are quest objectives.

  • Specific Steps:
    1. Access the Plum Network lending/borrowing section and connect your wallet.
    2. First, deposit pUSD tokens (or other specified tokens). Wallet approval is required. Again, pay attention to allowance settings.
    3. Borrow another token (e.g., USDC) using your deposited assets as collateral. The maximum borrowing amount is determined by the value of your collateral.
    4. You can also repay the borrowed assets. Repaying the borrowed amount and interest releases the collateral.
    5. Complete the quest and earn points through these operations. Claiming borrowed assets may also be necessary.
  • Note:

    Borrowing involves liquidation risk. This is the possibility that your collateral will be automatically sold (liquidated) to ensure the safety of the loan if the value of your collateral assets drops significantly. Always be mindful of your collateralization ratio and maintain a buffer.

Participating in the Ryko Project: Pursuing New Reward Opportunities

According to source information, Ryko is another project related to Plum Network, and activities here may also be eligible for the airdrop. In Ryko, depositing specific stablecoins (cryptocurrencies with stable prices) may provide opportunities to receive additional Plum tokens through the airdrop.

  • Participation Overview:
    • Access the Ryko website and connect your wallet.
    • Deposit stablecoins (e.g., USDC). Approximately 90% of your deposited assets are likely to be locked for about 3 months.
    • This activity provides opportunities to earn rewards from Ryko and points/badges from the Plum Network airdrop.
  • Note:

    Due to the lock-up period, your deposited funds will be unavailable for a certain period. Plan your finances before participating. Also, badge awarding in Ryko may have a delay of several days.

Plum Network Airdrop Point Maximization Strategy: Approaches Based on Funding

This section explains more advanced strategies for maximizing airdrop points and optimal approaches based on funding. Efficient point acquisition opens the way to greater rewards.

PLUM Token Staking: Highly Efficient and Reliable Point Acquisition

One of the most effective ways to earn points is to stake PLUM, Plum Network’s native token. Staking involves locking tokens to support the network’s security and operation, and points are awarded as a reward.

  • Benefits:
    • High point acquisition efficiency.
    • Once set up, points can be earned relatively continuously.
  • Recommendation:

    Staking approximately 100 or more PLUM tokens is recommended. If you have more funds, consider staking 1,000 or 2,000 tokens or more.

  • Note:

    The price of PLUM tokens fluctuates due to market changes. Consider the risk of price drops (unrealized losses) during the staking period.

Generating Trading Volume: Actively Participating in the Ecosystem

Trading (swapping) activities on the Plum Network DEX award points based on trading volume. The higher the trading volume, the more points you earn.

  • Efficient Trading Volume Generation Methods (for small funds):
    • Utilizing Low Fees: Plum Network reportedly has low fees, so even with small amounts of funds, you can efficiently accumulate trading volume by repeating many trades.
    • Weekly Goal Setting: For example, set a weekly trading volume target of $2,500 or $5,000 and consistently achieve this to achieve higher point acquisition.
    • Frequent Trading: Even with limited funds, trading a few times a week (e.g., 4 times) can lead to point acquisition.
  • Benefits:

    You don’t need to lock funds, maintaining liquidity while earning points. Continuing to trade also helps develop your DeFi trading skills.

Utilizing Daily Spins: Daily Accumulation Makes a Big Difference

Plum Network offers a “daily spin” that can be performed daily. This is an opportunity to easily earn points and rewards; continued participation makes a big difference in the long run.

  • Importance:

    Spinning daily consistently accumulates points. Also, if you don’t win anything for 3 consecutive days, you may receive a special badge.

  • Tip:

    Even on busy days, simply connecting your wallet and spinning is the easiest way to consistently earn points.

Referral Program: Contributing to Community Growth

You can also earn points by referring friends to the Plum Network Airdrop. Contributing to community growth increases your own points.

  • How to Use:

    Share your referral link and encourage new users to participate. You earn points when referred users are active.

Potential Risks and Countermeasures in Participating in the Plum Network Airdrop

DeFi activities hold great potential, but some risks also exist. It’s important to understand the following potential risks and countermeasures when participating in the Plum Network Airdrop.

  • Smart Contract Risk:

    Plum Network’s services operate on smart contracts. If there are vulnerabilities in the smart contracts, your deposited funds could be lost. It’s important to check the project’s audit status, etc.

  • Market Volatility Risk:

    Cryptocurrency prices are very volatile, so the value of your staked or liquidity-provided tokens could drop significantly. This could result in losses exceeding the points you’ve earned.

  • Impermanent Loss in Liquidity Provision:

    As mentioned above, impermanent loss can occur in liquidity provision if the price ratio of the deposited token pair fluctuates significantly.

  • Liquidation Risk in Borrowing:

    When borrowing with collateral, there is a risk of liquidation due to a drop in the price of the collateral asset. Maintaining an appropriate collateralization ratio and monitoring market conditions is important.

  • Allowance Management:

    The “allowance” required when connecting DeFi protocols and wallets allows the protocol to operate specific tokens from your wallet. “Unlimited” approval increases security risks. Approve only the minimum necessary amount, exercising extreme caution.

  • Lock-up Period:

    Staking, certain liquidity provisions, and deposits in Ryko may have lock-up periods where funds cannot be withdrawn for a certain period. To avoid situations where funds are unavailable when needed, confirm this beforehand and plan your finances before participating.

Conclusion: Seize the Future of DeFi with the Plum Network Airdrop

Plum Network Airdrop Season 2 is a great opportunity to contribute to the evolution of cross-chain DeFi and earn future rewards through point acquisition. As explained in this article, you can participate in the ecosystem and maximize points through various methods, from completing quizzes to liquidity provision, lending and borrowing, staking, and even generating trading volume and daily spins.

Regardless of the amount of funds, there is an optimal strategy for each situation. Even with small amounts of funds, you can steadily accumulate points through continuous trading and daily spins. Of course, DeFi activities involve risks, but understanding and carefully addressing them allows you to pursue opportunities more safely.

Getting involved at the forefront of DeFi and deepening your understanding of new technological trends will bring new perspectives to your digital asset management and investment strategy. The Plum Network Airdrop can be a practical first step.

Check the official website and social media channels for the latest information on Plum Network, and join the journey to build the future of DeFi together!