Pi Network’s Important Milestone: The Last Pi2Day Before Open Network
June 28, 2024, marked Pi2Day, an important milestone for Pi Network. This is the last Pi2Day before the launch of the Open Network. The official blog was updated, so I translated it into English.
Based on the Open Network conditions announced in December 2023, Pi Network is making steady progress. Significant advancements have been made through the efforts of the Core Team, community developers, and all Pioneers.
Pioneer Community Growth
We have reached a wonderful milestone of over 60 million active Pioneers participating in the network.
Key Conditions for Open Network
KYC (Identity Verification) Verified Pioneers: Target: 15 million, Currently over 12 million achieved.
Migration to Mainnet: Target: 10 million, Currently approximately 5.79 million migrated.
Pi Applications: Target: 100 apps, Currently over 70 apps meet the criteria.
Technical and Product Advancements
Improvements to the KYC (Identity Verification) Process
The Core Team has developed various features to facilitate the KYC process:
Introduction of a new appeal feature
Improved accuracy of liveness checks
Addition of a resubmission feature
Improvements to UI and UX
Accelerating Mainnet Migration
The speed of migration to Mainnet has significantly increased, allowing for migration at up to twice the previous speed. Further improvements are planned.
New Feature: On-Chain Lockup
Pioneers who have migrated to Mainnet can now voluntarily create lockups on the blockchain. This is expected to increase mining rewards.
Community Initiatives
Pi Network is focused on building a strong community. This is crucial for the platform’s resilience and long-term success. By deepening connections among Pioneers and promoting collaboration and innovation, we accelerate the network’s value and growth.
Open Network Challenge
To commemorate this Pi2Day, a community event will be held to promote progress towards the Open Network. Pioneers can contribute to the network’s development by participating in this challenge.
Accelerating Mainnet Migration: Aiming for 10 Million Migrations
Pi Network has announced a major technical upgrade to its Mainnet migration mechanism. This upgrade has more than doubled the speed at which Pioneers can migrate to the Mainnet.
Streamlining the Migration Process Through Technical Optimization
This technical upgrade optimized the algorithm that manages the migration process, the queue of Pioneers undergoing migration, additional checking and inspection subprocesses, and interactions with the Mainnet blockchain. These optimizations were made after significant effort and multiple rounds of iterative testing, making the migration process more efficient and improving the overall migration throughput.
Act Now: Complete Your Mainnet Checklist and Execute Migration!
Pioneers who have completed their Mainnet Checklist should check their migration status immediately. With this speed increase, you may have already migrated to the Mainnet, or if you are actively mining, you will progress through the queue quickly.
For Pioneers who have not yet completed the checklist, now is the perfect opportunity to do so. Complete the remaining steps on the Mainnet dashboard in the Pi mining app today. Thanks to this improved speed upgrade, more Pioneers need to complete their Mainnet Checklist and get ready for migration to maximize the current migration capacity.
Progress Towards the Open Network Mainnet Migration Goal
The Core Team’s development of this migration upgrade supports the achievement of the shared network goal of 10 million Mainnet migrations to the Open Network. The number of Mainnet migrations has increased from 4.6 million in March last year to the current 5.41 million and is expected to accelerate further.
The Core Team continues to invest significant time and resources into improving various processes and aspects critical to the Open Network goals, including KYC (Know Your Customer), migration, utility creation, growth, and community engagement. This update regarding Mainnet migration is just one part of the process, and we are improving various processes and releasing updates without hindering the progress of other critical processes.
Conditions for Mainnet Open
For Pi Network to transition its Mainnet to an Open Network, the following conditions must be met:
Achieving 10 Million Mainnet Migrations: It is necessary for 10 million Pioneers to have completed their migration to the Mainnet.
Completion of the KYC Process: The Know Your Customer (KYC) process must be progressing smoothly, and many users are required to have completed KYC.
Network Stability and Security: It is important that the Pi Network is stable and free from security issues.
Utility and Ecosystem Growth: Growth of apps and utilities on the network must be confirmed, and the ecosystem must be functioning actively.
Community Participation and Engagement: Community members are required to participate actively and contribute to the network’s growth.
By meeting these conditions, Pi Network can proceed with the transition to an Open Network. For detailed requirements, please refer to official announcements and the white paper.
Pi Network aims to transition to an Open Network in 2024, provided specific conditions and strategic goals are met. This transition depends on the collective efforts of the community and the influence of external factors. For a complete understanding of the requirements that affect progress towards the Open Network milestone, please refer to official announcements.
This time, we will explain in detail about pinetwork’s KYC (Know Your Customer: Identity Verification). KYC is a procedure to prove that people participating in pinetwork are real humans. If you do not complete KYC, there is a possibility that you will not be able to use π (Pi), the currency of pinetwork, in the future.
The deadline for KYC application was set in July 2024. →Please apply by the end of December 2024. →Postponed until the end of January 2025.
→Postponed until the end of February 2025.
The KYC application method and points to note are as follows.
How to Apply for KYC
Identity verification is performed to transfer the Pi coins you have accumulated so far to your main wallet. By verifying your identity, it is a necessary process to exclude coins accumulated fraudulently and allow only those who have accumulated coins through legitimate means to receive them. The condition for applying is that you must have performed mining operations 30 times or more. If someone who has mined less than 30 times applies, it seems to display that the capacity is full.
The identity verification process is conducted through a random lottery from the Pi Network app, and identity verification is performed randomly for those who receive a notification. You need to complete it within 15 minutes of receiving the notification, and if you miss the notification, you need to wait for another notification. Since notifications are sent completely randomly, please hope that it arrives at a good time.
An identification document is required for identity verification. (Minors are not allowed)
The identification document can be either a passport, My Number Card, or driver’s license.
When performing identity verification, you need to enter the name written on your identification document.
Passport → English notation
Driver’s License / My Number Card → Japanese notation
How to do KYC
Once you receive a notification, please proceed as follows.
Launch PiBrowser and tap kyc.pi in the bottom left.
From this screen, follow the instructions to proceed with identity verification.
Although it is in English, it is not that difficult with the pictures, so I think anyone can proceed.
Since an identification document is required, it is a good idea to have it ready to take out immediately so that you are prepared whenever a notification arrives.
If you tap without receiving a notification, a screen like this will appear.
This means that identity verification cannot be performed until a notification arrives.
Please perform the operation when a notification arrives.
The KYC application method is as follows:
Install the Pi Browser app and tap kyc.pi.
Select your nationality and the type of identification document (either driver’s license, My Number Card, or passport).
Take a photo of your identification document with your smartphone and enter your name, gender, date of birth, address, certificate number, etc. Make sure it is clearly visible in a bright place. Also, pay attention to the shooting orientation.
Perform “Identity Verification” with a self-recorded video. Follow the on-screen instructions to move your face or smile. Please be careful not to include other people in the video.
Perform a final check after data processing. Confirm whether the entered information is correct and submit.
Please refer to this video for the specific method of KYC.
KYC Application Requirements
To apply for KYC, you must meet the following conditions:
You are eligible for the KYC procedure. KYC is based on a random order system, and you can apply when “You are eligible for the KYC procedure” is displayed when you launch the app.
You are 18 years of age or older. KYC cannot be done by people under 18.
You have an identification document (either a driver’s license, My Number Card, or passport). Health insurance cards cannot be used as they do not have a photo.
You have installed the Pi Browser app. The KYC procedure is performed using the Pi Browser app.
You have mined 1π. The KYC procedure incurs a fee of 1π. The fee is charged when π is transferred to the mainnet.
Points to Note for KYC
There are several points to note when applying for KYC. They are listed below:
Once you are eligible for KYC, if you do not start the procedure within 15 minutes, it may be passed on to the next person. Starting the procedure does not take long, so be sure to do it.
You can choose either a passport, driver’s license, or My Number Card as your identification document, but once selected, you cannot change it for a while. Also, health insurance cards cannot be used as they do not have a photo. Choose the appropriate document according to your name settings.
When taking a photo of your identification document, make sure the edges are not cut off and fill the screen. If the text is unreadable due to light reflection or blurriness, you may not pass the review. Also, for the Middle Name field, leave it blank if you are Japanese.
When recording a self-video, follow the on-screen instructions to move your face or smile. Shoot in a bright place so that your face is within the circle frame. When shooting the video, face recognition may work better if you shoot from a slightly wider angle rather than fitting your face perfectly within the frame.
The KYC application incurs a fee of 1π. The fee is charged when π is transferred to the mainnet. If you pass the KYC review, you can choose whether or not to become a validator.
For Pi Network users whose KYC application is still showing “tentative approval“, here is good news! Pi Network has introduced a new “Liveness check” to resolve all tentative approval KYC statuses. This check will clear the KYC tentative approval status and enable migration to the mainnet. This time, we will explain the details of this new process.
What is a Liveness Check?
The Liveness check is a process to verify if the photo on your ID card matches the photo taken during your KYC application. This check is performed to confirm that the applicant is a real person and to enhance security.
Liveness Check Procedure
After submitting your KYC application, Pi Network will match the following data.
Name
Date of Birth
Nationality
Gender
If this data matches, Pi Network sends the photo from the ID card and the photo taken during the Liveness check to a “human reviewer”. The reviewer only checks the photo displayed on the ID card, and other information (e.g., name, address, etc.) is hidden for security.
Reasons why KYC becomes tentatively approved
If the photo from the Liveness check does not match the photo on the ID card, the KYC status is set to “tentative approval”. For example, if the photo on the ID card and the photo taken during the Liveness check do not look similar, or if there are significant differences in appearance. Conversely, if both photos match, KYC is automatically approved.
Solution for KYC remaining tentatively approved
If your status is tentatively approved, you will receive a notification from Pi Network for a “Liveness verification” notification. This notification will display the following message.
How to Perform a Liveness Check
Follow the notification and take a photo of your face using the camera. Follow the instructions displayed on the screen and perform the following actions.
Look at the camera and smile
Look right
Look left
Look up
Look down
When these actions are completed correctly, “Liveness detection was successful” will be displayed, and the data will be automatically uploaded.
Time until KYC Approval
If the Liveness check is completed accurately, your KYC status will usually change to “Approved” within 1-2 weeks. Even if there is a mistake during the procedure, you will have another opportunity to perform the Liveness check again, so there is no need to worry.
Users in the tentative approval state should wait for the notification and follow the instructions to complete the Liveness check.
Overview of the KYC Process and Latest Information
KYC is an important step to authenticate your account on the Pi network and enable migration to the mainnet. Recently, many users have reported issues regarding “tentative KYC status” and migration delays. This status may be displayed when the necessary procedures have not been fully completed.
Causes of Tentative KYC Status
Additional liveness check required.
Submitted video or photos are unclear.
Information on the document is inaccurate or incomplete.
Tips for Successful Liveness Check
The liveness check plays an important role in the KYC process. By paying attention to the following points, you can increase your success rate:
Record the video in a bright lighting environment.
Use a high-quality camera and ensure the video is clear.
Enter accurate information that matches the content of the document.
Common Problems and Solutions
Many users are facing the following issues:
Video or photos are blurry: Please use a high-quality camera and appropriate lighting.
Document information is inaccurate: Please match the content written on official documents such as Aadhaar card.
KYC procedure interrupted: Do not close the pop-up screen during the procedure and wait until it is completely finished.
Account Protection and Mainnet Checklist
After completing the KYC process, follow the steps below to protect your account and prepare for migration to the mainnet:
Account protection: Ensure security by setting a password, updating your phone number, etc.
Completion of Step 6 (Acknowledgement): Complete this step while waiting for the KYC result.
Joining Support Groups
If you are having trouble with KYC or technical issues, we recommend joining dedicated support groups for the Pi network. In these groups, you can receive advice and support from other users.
What if you don’t do KYC…?
If you do not apply for KYC, there will be the following consequences:
You will not be able to use the π (Pi) you have mined and accumulated so far. Only those who pass KYC can have their π transferred to the mainnet and receive it.
You will not be able to become a validator. Validators play a role in keeping the pinetwork network secure and can receive π as a reward for that.
You will not be able to participate in the pinetwork community. Pinetwork is a decentralized platform built by real humans working together. If you do not do KYC, you will not be recognized as a member of it.
Minors have no choice but to wait until they become adults. However, it is said that they are currently considering ways to allow applications through some method.
That concludes the explanation about pinetwork’s KYC. KYC is a necessary procedure to use π in the future. We have explained the application method and points to note in this article, but if you would like to know more, please feel free to leave a comment.
