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A Complete Guide to the ‘Transparency’ Demanded by the Pi Network Community

Introduction: What is Pi Network? Why it’s attracting attention and what you’ll learn from this article

Pi Network has a large number of users worldwide due to the ease with which it can be “mined on a smartphone.” You may have heard of it before. However, regarding its actual state and future potential, various pieces of information are circulating, and many people may find it difficult to understand. In this article, we will objectively and clearly explain the points that you, as a business person, should know, from the basic mechanism of Pi Network to the latest development, “Pi Network Venture,” and the issue of “transparency” that is currently being actively discussed within the community. By reading this article, you should gain insight into Pi Network’s current position and what is needed for its healthy development.

What is Pi Network Venture, Pi Network’s New Initiative?

In May 2025, Pi Network announced the establishment of “Pi Network Venture” with the aim of developing its ecosystem. What kind of initiative is this, and what potential impact could it have on the future of Pi Network? Here, based on officially announced information, let’s look at its overview, expected role, and market reaction.

Purpose and Overview of Pi Network Venture

  • It is an investment fund aimed at improving Pi’s utility and expanding the ecosystem.
  • The investment scale is said to be approximately 100 million dollars (Pi tokens and US dollars).
  • The targets are startups in a wide range of fields, including not only Web3 but also FinTech, AI, and E-commerce.

Operating Entity and Strategy

  • The Pi Foundation (described as an ownerless organization) is responsible for its operation.
  • It seems to aim to discover and support promising projects with an approach similar to Silicon Valley venture capitalists.

Market Reaction and Expected Effects

  • As benefits to the community, expansion of Pi’s usage methods and strengthening of the ecosystem are expected.
  • On the other hand, this announcement was somewhat anticlimactic for some users who were expecting the full-scale operation of the ecosystem and the progress of the open mainnet, and along with voices of disappointment, a decline in the price of Pi tokens was also observed. It’s not uncommon for such gaps between expectation and reality to arise with new technologies and projects.

Serious Concerns about “Transparency” Erupting from the Community

While showing new developments, Pi Network is facing harsh scrutiny from the community and analysts regarding its operating style, particularly “transparency.” Voices like that of DR Altcoin (pseudonym) mentioned in the background information may be just the tip of the iceberg, and many users seem to have doubts about the project’s soundness. What exactly is being criticized?

Suspicious Eyes: Possible Token Sales by the Core Team?

One of the most serious concerns is the alleged large-scale sale of Pi tokens by individuals associated with the Pi Core Team (the operating team). Some analysts and community members point to blockchain transaction data (on-chain data) as evidence, suggesting that the team may be selling their held tokens on the market without disclosing information.

If this were true, it would be an act that would significantly damage the community’s trust. For example, how would you feel if the management of a company you support secretly sold a large amount of their own stock without informing shareholders or the market? The same kind of suspicion is being directed at Pi Network. (Note that while specific wallet addresses and detailed transaction flows, as mentioned in the background information, have been pointed out, it is extremely difficult for external parties to fully verify each of them. Here, we will only state the fact that such “allegations are being made.”)

Lack of Information Disclosure: What Isn’t Being Said?

There are also constant criticisms that the information disclosure regarding the fundamental aspects of the Pi Network project is insufficient, such as the following:

  • Governance Structure: Who makes decisions for the project and how?
  • Tokenomics: The total supply of Pi tokens, distribution plan, allocation to the team and early investors, status of lock-ups (sale restriction periods), and the specific mechanism for burning (reducing supply through destruction).
  • Security Audits: Has the system’s safety been verified by a third-party organization?

Without clear basic information like this, users and potential investors cannot properly assess the project’s risks. Furthermore, there is a view that this lack of transparency may be influencing the reason why Pi tokens are not being listed on major centralized exchanges (CEXs) like Binance and Coinbase.

KYC Issues and User Assets in Limbo

What is further troubling users is the issue with the KYC (Know Your Customer: identity verification) process. Due to prolonged delays and deficiencies in the process, many users report being unable to access the Pi tokens they supposedly mined themselves, remaining in a state of being “in limbo.” “I tapped diligently every day, but when will I be able to touch my Pi?” Such earnest voices from users are a major factor shaking trust in the project.

Why is “Transparency” Indispensable for Cryptocurrency Projects?

The word “transparency” is often heard in business settings, but why is it so heavily emphasized, especially in projects within new technology areas like cryptocurrency and blockchain? Let’s consider the fundamental reasons through the example of Pi Network. This is a very important perspective for business people interested in new technology trends to discern the soundness of a project.

The Foundation of Trust: From the Perspective of Investor and User Protection

First and foremost, transparent information disclosure is a prerequisite for investors and users to correctly evaluate the risks and potential of a project. The clearer the project’s objectives, technical mechanisms, flow of funds, composition and policies of the operating team, the more confidently participants can engage. Conversely, if information is hidden or ambiguous, it creates suspicion like “Is there something inconvenient?” and hinders healthy fundraising and user acquisition. In a company, this is the same idea as making the management situation open to shareholders through IR (Investor Relations) activities.

Furthermore, the more open the flow of funds and operating policies are, the more it can be expected to have the effect of reducing the risk of fraudulent activities and unfair market manipulation. Fraud is difficult to carry out when everything is visible to everyone.

Collaboration with the Community: The Vision of Decentralized Projects

Many blockchain projects, especially those that advocate for being “decentralized” like Pi Network, aim to be operated and developed autonomously through the participation and cooperation of community members, rather than being controlled entirely by a specific centralized administrator. This is a new form of value creation, different from traditional top-down organizations.

For such a decentralized mechanism to truly function, a transparent information sharing system is essential, allowing community members to accurately grasp the project’s current status, challenges, and future direction, and to participate in the decision-making process. To foster a sense of ownership, where users feel “this is our project,” and to encourage active contributions, the operating side is required to proactively disclose information and engage in dialogue.

What Pi Network Needs to Do to Regain Trust and Develop Healthily

How should the Pi Network operation (Core Team) address the various concerns erupting from the community and rebuild the trust that may be being lost? For the project to succeed in the long term and realize its grand vision, concrete actions are needed, not just words.

Proactive and Specific Information Disclosure

First and foremost, thorough information disclosure is necessary. Specifically, the transparency of the following items should be increased:

  • Detailed Tokenomics: Disclose the exact total supply of Pi tokens, current circulating supply, the amount held by the team and foundation and its intended use, lock-up periods, and the plan and results of burning (destruction), in a way that can be verified by anyone.
  • Operating Team and Governance: Clearly define the composition of the Core Team members, their respective roles and responsibilities, and the process for important project decisions.
  • Development Roadmap and Progress: Show a concrete roadmap outlining what developments will be made in the future and when certain features will be released, and report on the progress regularly.
  • Sincere Explanation Regarding Allegations: Especially regarding allegations of token sales pointed out by the community, fulfill the responsibility to explain based on data sincerely, so as not to invite speculation.

Establishing Constructive Dialogue Channels with the Community

In addition to one-sided information dissemination, it is also important to revitalize two-way communication with the community.

  • Regularly hold Q&A sessions like AMA (Ask Me Anything) to directly answer questions and concerns from the community.
  • Actively collect constructive feedback on official forums and social media, and show a willingness to utilize it for project improvement.

The feeling that “user voices are being heard” leads to the restoration of community trust.

Fulfilling Promises and Improving User Experience

And most importantly, it is to “steadily execute what has been promised.”

  • The stable and full-scale operation of the open mainnet, which has been long awaited.
  • Prompt and fair resolution of KYC issues and the establishment of an environment where users can smoothly access their own assets.
  • Concrete construction and expansion of a practical DApp (decentralized application) ecosystem, i.e., places and services where Pi tokens can actually be used.

Providing concrete value and a good experience that makes users genuinely feel “I’m glad I got involved with Pi Network” will be the best measure for restoring trust.

[Reference] Lessons to Learn from Projects Other Than Pi Network

In the background information (transcription of the YouTube video), there were mentions of other cryptocurrency projects besides Pi Network, such as Ruby Coin and BTB. While these are not directly related to the evaluation of Pi Network, they may be insightful for business people who are always keeping an eye on new technologies and investment opportunities.

Risk Management Perspective: Not Sticking to Just One Project

Especially in new technology fields like cryptocurrency, unfortunately, not all projects succeed. Even if they seem to hold great potential, they can fail due to various factors such as technical challenges, changes in the market environment, and operational problems. Therefore, it is important to not overly believe in the future potential of a specific project and rely solely on one source of information, but to learn from multiple sources and always maintain a calm perspective for comparison and evaluation. This is a basic risk management principle that is also common to investments in other financial products such as stocks.

Be Cautious of “Sweet Deals” Like Airdrops

In the background information, there was also talk of an airdrop (an event where tokens are distributed for free to users who meet certain conditions) for a project called BTB. Airdrops can be an opportunity to learn about new projects and, if you’re lucky, potentially acquire tokens that will have value in the future early on, which may seem attractive.

However, caution is also necessary. Unfortunately, there are also scam projects whose purpose is to improperly collect personal information (email addresses, social media accounts, and sometimes even identification documents) or that simply distribute worthless tokens. Instead of participating casually just because it’s “free,” the literacy to carefully assess the reliability of the project (information on the official website, the track record of the development team, the reputation of the community, etc.) is required. You should be particularly cautious about providing email addresses used for business or important personal information.

Conclusion: Pi Network’s Future Depends on “Trust” – The Perspective We Should Hold

While Pi Network shows positive movements aimed at expanding the ecosystem and improving utility through new initiatives like “Pi Network Venture,” it is also being confronted with the fundamental issue of “transparency” by the community regarding its operation. As we have seen in detail in this article, it is no exaggeration to say that its future largely depends on how the Core Team responds to these sincere voices and rebuilds trust with users.

Pi Network’s current state is precisely one where expectations and concerns are mixed. It attracted many people with its innovative approach of being “easy on a smartphone,” but for the project to move to the next stage, not only technical progress but also operational transparency, accountability, and above all, trust from users are indispensable.

As business people interested in new technologies and trends, the perspective we should hold is to not blindly accept information, but to consider it from multiple angles and cultivate the ability to calmly discern the soundness and risks of a project. Regarding Pi Network as well, it is important to refer to various sources of information, including not only official announcements but also community voices and third-party analyses, and make your own judgment. And if you do get involved, don’t forget the basic principle of risk management: only participate to an extent that losing it would not affect your life.

The key points to watch in the future are how specific and sincere information disclosure and responses are made by the Pi Network operation regarding the concerns raised so far, and whether constructive dialogue with the community makes substantial progress. For Pi Network to truly become a “cryptocurrency for everyone,” it needs to overcome this hurdle of “trust.” Let’s calmly observe its developments.

What’s Happening with the Core Team’s Wallet? Rumored Coin Movement and Transparency Issues Explained Simply

多くの期待と注目を集める暗号通貨プロジェクト「Pi Network」。その手軽さから多くのユーザーが参加していますが、最近、その運営主体であるコアチーム(Core Team)の資金管理に関して、コミュニティの一部から気になる情報や憶測が飛び交っています。この記事では、現在どのような情報が出ているのか、その背景にある「透明性」という重要な観点、そして私たちユーザーがこの情報とどう向き合うべきかを、専門知識がない方にも分かりやすく解説します。

Introduction: Pi Network and the ‘Concerning Rumors’ Circulating Recently

Pi Network is characterized by its ease of participation in mining using a smartphone, and it has gathered many participants worldwide. While there are voices expressing great expectations for its future, various opinions and questions are sometimes raised by the community regarding the project’s progress and operational policies. Particularly recently, some voices have been raised suggesting that there may have been large-scale fund movements between Pi Coin wallets managed by the Pi Network Core Team, and that the information disclosure regarding this may not be sufficient.

New technologies and projects are always accompanied by uncertainty alongside expectations. For those who have expectations for Pi Network, information regarding operational transparency like this is likely a particular concern. Some may have questions like, ‘Is the value of my Pi Coin okay?’ or ‘Can I trust the operations?’ We hope this article will help resolve such questions and assist in calmly judging the information.

Origin of the Rumor: Large-Scale Pi Coin Movement? What CDR Altcoin’s Allegations Are

What specific fund movements are being pointed out? One of the origins of the information is posts on social media and other platforms by a person (or group) under the name ‘CDR Altcoin‘. According to their claims, a very large amount of Pi Coin is being moved between wallets believed to be related to the operation of Pi Network.

For example, the following points are being made (these are solely the claims of CDR Altcoin and are not information officially acknowledged by Pi Network).

  • Several months ago, over 5 billion Pi Coins were moved from a wallet referred to as ‘Pi Foundation 1’ to a wallet referred to as ‘Pi Foundation 3’.
  • Subsequently, hundreds of millions of Pi Coins were moved multiple times from ‘Pi Foundation 3’ to a wallet referred to as ‘Pi Foundation 2’.
  • As a result, while some wallets still hold billions of Pi Coins, the exact whereabouts and purpose of some of the coins that were allegedly moved (said to be hundreds of millions of Pi) are not easily visible to the community.

As a basis for these allegations, the website ‘piscan.info‘ is sometimes referenced. This site is said to be one of the ‘blockchain explorers’ that allows viewing transaction history on the Pi Network blockchain. While a blockchain explorer itself is a tool to increase transaction transparency, accurately interpreting the data displayed there requires specialized knowledge, and identifying the owner of a wallet is generally difficult.

You might wonder, ‘How accurate are CDR Altcoin’s allegations?’ or ‘Is the information on piscan.info really true?’ At present, it seems that no official statement or detailed explanation regarding this information has been made by the Pi Network Core Team (to the general public). Therefore, it is currently a situation where ‘such claims and information are circulating in some circles’.

Why the Voices of Concern? The ‘Transparency’ of the Pi Network Core Team is Questioned

In a cryptocurrency project, it is not necessarily abnormal for the operating team to manage funds for the maintenance and development of the project and to move funds between wallets as needed. For example, various legitimate reasons can be considered, such as development funds, marketing costs, or ensuring liquidity for future exchange listings.

So, why is it that in the case of Pi Network, some community members are raising concerns and strongly questioning ‘transparency‘? The following points can be considered as the background.

  • Lack of Information Disclosure: Even if there were large-scale fund movements, if the purpose, reasons, and future plans are not clearly explained by the Core Team to the community, it is likely to generate speculation and anxiety. These are doubts like, ‘Why was such a large amount of money moved?’ or ‘Is there something happening that we users are not being told?’
  • Trust Relationship with the Community: Especially in projects like Pi Network, which are built upon the participation and contribution of many general users, the trust relationship between the operation and the community is extremely important. Highly transparent information disclosure can be said to be an indispensable element in building that trust.
  • Caution from Past Cases: Unfortunately, in the history of cryptocurrency, there have been cases where opaque fund manipulation by the operation led to project failure. For those who are aware of such past cases, even if there is a legitimate reason for fund movement, insufficient information disclosure may easily lead to caution.

Among the background information, there was also a point made that the Pi Network Core Team holds over 10,000 wallets and sub-wallets, but only a small portion is easily traceable by the community. If this is true, then proactive information disclosure is even more strongly required.

In cryptocurrency projects, especially those with a centralized management entity, the transparency of its operation is an important factor that affects the project’s credibility and, consequently, the coin’s value. Sincere communication from the operating side is expected to prevent users from feeling such anxiety as ‘Is something bad happening without us knowing…’

How Should We Interpret This Information and What Should We Do?

When encountering such information, some people may feel anxious, thinking, ‘Is Pi Network really okay?’ or ‘Could this be a dangerous sign?’ I understand how you feel. However, what is important here is to not be swayed by speculation or emotional arguments, but to calmly examine the information and make your own judgment.

So, what specific stance should we users take, and how should we act? Let’s organize a few points.

  1. First, calmly check the information from multiple perspectives

    Information like this can spread rapidly on social media, some news sites, and personal blogs. However, it is necessary to carefully discern whether the information is truly accurate and based on objective evidence. It is important not to blindly believe a single source of information, but to refer to multiple sources (especially highly reliable ones) and compare and examine the content.

  2. Check Information from Pi Network Official Sources

    The most reliable information is, after all, what the Core Team itself disseminates, such as on the official Pi Network website, official social media accounts, and in-app announcements. If there is an official statement or explanation regarding the allegations of fund movement like this, that will be the most important basis for judgment. Let’s make it a habit to regularly check the official channels.

  3. Pay Attention to Community Trends and Healthy Discussion

    In online communities and forums related to Pi Network, various information exchanges and discussions take place. Knowing how other users think and what information they have can be helpful. However, information within the community is also a mixed bag. It is important to be cautious of emotional opinions, unfounded rumors, and statements that incite excessive expectations, and to maintain a calm perspective.

  4. Reconfirm Your Own Judgment and Risk Tolerance

    Ultimately, how you judge and act is up to you. It might be a good idea to reconsider your purpose for participating in Pi Network and your risk tolerance in case the project does not proceed as expected.

You might be confused by the many technical terms, but it’s okay. Try to gather information without rushing, with the mindset of ‘Let’s look at it one by one’.

Summary: What We Should Pay Attention to Regarding the Future of Pi Network

The series of information and allegations regarding the Pi Network Core Team’s fund movements discussed in this article may serve as an opportunity for us users to reconsider the project’s credibility and future prospects.

At this point, it is impossible to definitively say whether all of CDR Altcoin’s allegations are true or what their intentions are. However, it is certain that the background behind the emergence of such information is the community’s expectation for the method of information disclosure and transparency in Pi Network’s operations.

As Pi Network aims for mainnet open access and exchange listings in the future, operational transparency and good communication with the community will become increasingly important. We hope that this matter will develop in a positive direction and that Pi Network will grow into a more trusted project.

As users, we are required to continue paying attention to official Pi Network announcements and calmly observe the project’s developments. ‘If you keep these points in mind, you will surely be able to make wise decisions.’

For Beginners: A Thorough Explanation of Pi Network’s Blockchain Technology

Pi Network’s Innovative Blockchain: A New Era of Security and Transparency

Pi Network is attracting attention in the world of cryptocurrencies. Its innovative blockchain technology is setting new standards for security and transparency. This time, we will explain Pi Network’s distinctive technology and the benefits it brings to users in an easy-to-understand way, even for beginners.

1. Next-Generation Wallet System

Pi Network’s next-generation blockchain introduces the concept of parent wallets and child wallets. This system allows managing multiple child wallets from a single parent wallet. This is an innovative approach based on Bitcoin Improvement Proposals (BIP 32, 39, 44).

2. Prevention of Fraud and Asset Recovery

The biggest advantage of this parent-child wallet system is the prevention of fraud and protection of assets. If fraudulent activity (e.g., illegal buying/selling of Pi coin or exchange with other cryptocurrencies) is detected in a child wallet, the parent wallet can freeze that child wallet or recover the assets. This is called the “asset recovery” or “KYC (Know Your Customer)” process and is an important function to protect users’ assets.

3. Blockchain Immutability and Specificity

Pi Network’s blockchain, like other major cryptocurrencies, has immutability. This means that once a transaction is recorded, it cannot be changed or canceled. This ensures the transparency and reliability of transactions. However, while direct reversal of transactions is impossible in next-generation blockchains like Pi Network and Stellar, they have mechanisms to address fraudulent activity through the aforementioned asset recovery process.

4. Importance of Community Education

Pi Network emphasizes the importance of accurate information dissemination and education, especially for administrators of large groups and influential members. It is required not only to simply say “transactions cannot be reversed” but also to explain the blockchain mechanism and asset protection methods in detail to community members. It is necessary to recognize that insufficient understanding or explanation can negatively impact the entire community.

5. Collection and Use of Personal Information

Pi Network collects personal information in the following ways to protect user safety:

  • Information voluntarily provided by users (name, phone number, email address, Facebook account name, username, etc.)
  • Information collected through automatic technologies (using cookies, beacons, etc. when using websites or apps)
  • Information from third parties (service providers, analytics providers, social media companies, etc.)
  • User-generated content (chat messages, comments, “likes”, etc.)
  • Transaction-related network information
  • Feedback, survey responses, and support inquiries

Collected information is used for service improvement and security enhancement. Pi Network utilizes this information to maintain a secure ecosystem while respecting user privacy.

6. Transparency and Responsibility

Pi Network places the utmost importance on user trust. Therefore, it publishes detailed information regarding the collection and use of personal information, maintaining transparency with users. It also reserves the right to anonymize and use the collected information. This allows for service improvement and research purposes while protecting privacy.

7. Legal Aspects and Absence of Class Action Lawsuits

As an important point, it is clearly stated that no class action lawsuits exist against Pi Network. This indicates that Pi Network is a highly reliable project from a legal perspective.

8. Relationship Between Mining and Ad Viewing

In Pi Network, user activity may affect mining. For example, the number of ad views and engagement on social media (likes, comments, etc.) may be recorded as user activity and potentially influence the mining process.

Summary

Pi Network’s next-generation blockchain technology achieves both high security and transparency. With the parent-child wallet system, fraud prevention features, and blockchain immutability, users can manage their cryptocurrencies with peace of mind. Simultaneously, through community education and proper management of personal information, Pi Network is paving the way for the future of cryptocurrencies from both technological innovation and user protection perspectives. Users are required to recognize that their actions can affect the entire ecosystem and are expected to participate responsibly.

What is Pi Network’s Source Code? Its Importance and Role

What is Pi Network’s Source Code? Its Importance and Role

Pi Network’s source code is a set of instructions and commands written by developers to run the software. This source code is the heart of the Pi Network ecosystem, ensuring that all transactions, consensus, and other functions operate as intended.

Importance of Source Code

Source code is essential for ensuring the transparency and security of Pi Network. It allows Pi Network to operate in a decentralized manner, preventing any single entity from having complete control.

Transparency and Security

Pi Network’s source code is designed to ensure its transparency and security. This makes the network safe and reliable, allowing users to use it with confidence.

Future Potential

The source code is the foundation that supports the growth and widespread adoption of Pi Network. This is expected to allow Pi Network to develop further and be widely used in the future.

This concludes a brief explanation of Pi Network’s source code. By understanding the role of the source code, you can see that Pi Network is not just talk, but a true innovation in the world of blockchain. Please like, share, and subscribe to the channel. If you haven’t subscribed yet, please do so to get the latest information. See you in the next video. Thank you.