Universe of Pi

Many people assume blockchain technology is a perfect defense built to stop all forms of financial fraud. It is known for being secure, transparent, and tamper-proof. So, when major centralized crypto platforms like MtGOX and FTX collapsed, the question naturally follows: “If blockchain is so safe, how did this happen?” The answer is straightforward:  Blockchain technology does not prevent human dishonesty, it helps reveal it. Blockchain works by recording transactions in a way that is permanent and cannot be changed later. Once a record is written onto the blockchain, it stays there forever. This is excellent for keeping records clean and providing an auditable trail. However, it does not stop individuals from lying, stealing, or misusing customer funds before those transactions are officially created. In the cases of MtGOX and FTX , the issue was not the blockchain itself. It was the people and the centralized entities running the platforms. They had discretionary co...

What Is Fast Track KYC? Pi Network has launched Fast Track KYC, a streamlined identity verification feature that allows new users to activate their Mainnet wallet earlier—even before completing the usual 30 mining sessions. This marks a major shift in how quickly new Pioneers can begin engaging with the Pi ecosystem. Earlier Access, Fewer Barriers Traditionally, users had to mine Pi for 30 sessions before becoming eligible for KYC and wallet activation. Fast Track KYC removes that delay. Now, even non-users and fresh sign-ups can verify their identity and unlock their Mainnet wallet if eligible. This means: - Immediate access to Pi apps - Participation in local commerce - Engagement with ecosystem utilities Built-In Security, No Third-Party Dependence Fast Track KYC is native to Pi Network’s infrastructure, meaning it doesn’t rely solely on external providers like Banxa. It maintains high security standards, and while it speeds up wallet activation, it does not compromise K...

Pi Network has officially opened KYC (Know Your Customer) verification for users in Syria. This marks a major step toward global inclusion. The update follows a shift in U.S. policy—Executive Order 14312—which ended the Syria Sanctions Program. Why Syrian Users Were Previously Blocked Until recently, Pi Network couldn’t offer KYC to Syrian residents due to U.S. sanctions. These rules prevented U.S.-based platforms from verifying identities or onboarding users financially in Syria. Since Pi Network operates under U.S. jurisdiction, it had to follow those restrictions closely. As a result, millions of Syrian Pioneers were unable to verify their identity, activate wallets, or move to Mainnet—even though they were actively mining and contributing to the community. What Changed With the sanctions lifted, Pi Network can now legally offer KYC services in Syria. This opens the door for verified participation in the Pi ecosystem. ADVERTISEMENT Syrian users can now: - Access the KYC portal ...