Pi Network has just announced a big update that uses Mainnet wallets for a large group of users. At present, anyone who has not fully completed Pi’s KYC verification can use their Mainnet wallet without completing full migration.
This step marks a crucial move in Pi Network’s path, allowing verified users to begin using Pi directly in apps, joining in local peer-to-peer trading, and participating in community-driven programmes such as the eagerly awaited .pi domain name auction.
Mainnet Wallets Now Accessible Without Migration Requirement
Up to this point, reaching the Pi Mainnet wallet requires mandatory full completion of the migration process, a big move that involves identity verification and technical verifications. This new announcement separates wallet activation from migration, it clearly means that users who have completed any phase of KYC can now quickly engage with the Pi Network.
Even though access has been made easier, strict identity checks are still required to keep the platform secure and ensure users are authentic.
Third-Party Wallet Access Expanded to Non-Users
One of the most important features of this update is the ability to join through third-party platforms. New users who were not part of Pi Network’s mining phase can now create their own Mainnet wallets through trusted third-party services.
Services like Banxa, at present which is KYB-verified, supply stream-connected KYC verifications that allow new participants to enter the network immediately, no mining or migration required. This makes it much easier for people around the world to join.
Fueling Ecosystem Growth and Real-World Value
This announcement is not just about wallets, it is about network growth. With more participants getting entry, Programmers and Pi-based app coders can assume higher visitors, high transactions, and more detailed feedback channels to enhance app performance.
Additionally, at present, Pi Network is trialling KYC transfer to verified third parties, laying the foundation for quicker, more efficient user onboarding, which is critical to large-scale real-world acceptance.
Pi Network’s Path to a More Inclusive Future
Pi Network is overcoming obstacles and boosting access. With Mainnet wallets currently open to both Pioneers and new participants, the ecosystem is getting ready for rapid growth and to be used more widely in its blockchain applications.
No matter if you are a long-time participant or newly uncovering Pi, this announcement opens the door to meaningful participation with Pi’s blockchain-powered network.
Read also:- SOL Surges Past $150 — Can the Rally Continue?
Disclaimer: We at Bitcoinik.com present you with the latest information in the crypto market. However, this information should not be regarded as financial advice, and viewers should consult their financial advisors before investing.
No Comment! Be the first one.