How was Pi2Day?
To be honest, for people who had already thought carefully about what might happen, it was neither surprising nor disappointing.
I'm not saying, "See? I was right."
Honestly, I don't think that matters. The mood around Pi is still very negative, and even if I happened to predict something correctly, I don't see any value in celebrating that.
The reason I'm writing this is because, when I read posts on X, it feels like almost no one really understands the project's timeline.
All good Pi influencers left..
Many people build up unrealistic expectations, and when those expectations aren't met, they end up disappointed and start complaining.
I just think that's unfortunate.
For a long time, I've been saying that Pi's KYC would eventually be used by outside companies. I've also said that many Pi nodes would be used more for AI-related work than for validating the blockchain ledger.
So the real question was never if it would happen. The important question was when and how those updates would begin.
Before Pi2Day, I said that Pi DEX and the Launchpad probably would not be released yet. I also said there would most likely be no update designed to create a short-term price pump, even though many influencers expected one. I think many of them don't really understand the project's timeline.
What we saw on this Pi2Day was something different. The Core Team finally introduced the one of the major updates they have been preparing for a long time.
These updates have little to do with Pi's short-term price, and more than 90% of Pioneers probably don't fully understand their importance yet.
But if you look at the bigger picture, these were very important updates for Pi's future.
#pi #pinetwork #파이 #파이코인
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19.6K @Koreanteacher1 19.6K @Koreanteacher1 Cybersecurity expert Wes actually tested Pi KYC firsthand back in 2022 and gave this assessment. People who understand its potential—including myself—have noted that Pi’s KYC is very rigorous and meticulous, developing carefully in every aspect.
The reason for this is clear: this KYC is not just for Pi alone, but is expected to evolve into a KYC solution that many companies and Web 3.0 platforms can use. That means it needs to be as close to perfect as possible, and that’s why we need to be patient.
Now, several years later, just as Wes predicted, the Pi Core Team is promoting the KYC service to other companies. It’s even possible that some internal discussions with certain companies are already underway.
" I think this KYC process is pretty awesome. In fact, if it works well, keep in mind this is the very first KYC that I know about in human history that is completely decentralized and has the capability—or at least it should have the capability—of scaling to millions of users. That's a game changer, my
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1.4M @BSCNews Have you checked out BSCN's new application in the $PI Browser...?
We've been overwhelmed by the support we've received from the @PiCoreTeam community of Pioneers so far.
Let us know what you think in the comments below, and tell us which feature we should add next!
Official Link: https://t.co/6GpuhX4v2X
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1.9K @news_oct ALTCOIN NEWS for 1st July:
➤ $PI: Pi Network launches Pi Sign-In for third-party apps.
➤ $ME: Magic Eden faces class action lawsuit over alleged misleading claims.
➤ $GEOD: Coinbase adds support for GEOD token trading.
➤ $PUMP: https://t.co/ZLeXzogXoQ deprecates Tokenized Agent launches for new tokens.
➤ $MON: MetaMask launches yield-bearing Money Account on Monad.
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