Pi Mainnet blockchain is upgrading, V20. 2 is around the corner.

Pi Social Media dapps are coming back to live again! @PitogoSocial

🚨Did you know Pi Network, is a Layer 1 blockchain, means it has its own independent network, consensus mechanism, and native token (𝛑). Unlike Layer 2 solutions that rely on another blockchain for security and execution, Layer 1 blockchains like Pi have the capability to build an entire ecosystem directly on their infrastructure. Here’s what Pi can achieve as a Layer 1 blockchain:

1. Native Smart Contracts & Decentralized Applications (DApps)
•Pi Network can support the development of smart contracts and DApps that run directly on its blockchain.
•Developers can build DeFi apps, marketplaces, gaming platforms, NFT projects, and more on Pi Network.
•These applications will function independently, leveraging Pi’s Scalable Byzantine Fault Tolerance (SBFT) consensus for security and efficiency.

2. Secure & Efficient Peer-to-Peer Transactions
•Pi enables direct transactions between users without intermediaries, making it ideal for fast, low-cost payments.
•Users can send and receive 𝛑 globally with minimal fees compared to traditional banking or third-party networks.

3. On-Chain Governance & Decentralization
•As Pi evolves, it could implement on-chain governance where Pioneers vote on proposals, similar to other Layer 1 blockchains like Ethereum or Solana.
•The network can become increasingly decentralized as more nodes participate in validation.

4. Scalability & Custom Ecosystem Growth
•Pi’s Layer 1 design allows the network to scale efficiently, handling a large number of transactions per second as adoption grows.
•Businesses can integrate Pi into e-commerce, fintech, or social media platforms, leveraging Pi’s blockchain for payments and contracts.

5. Interoperability & Future Integrations
•A Layer 1 blockchain like Pi can connect with other blockchains (e.g., Ethereum, Binance Smart Chain) through bridges.
•This can enable cross-chain transactions, token swaps, and enhanced liquidity in the crypto market.

6. Full Control Over Its Economic Model
•Pi Network controls its monetary policy, inflation rate, and tokenomics, which is crucial for long-term sustainability.
•Unlike projects that depend on Ethereum or other networks, Pi can set its own network fees, mining incentives, and reward structures without external limitations.

7. Enterprise Adoption & Real-World Use Cases
•Since Pi Network is a mobile-first blockchain, it can facilitate microtransactions and online services without requiring high-end hardware.
•Businesses and merchants can adopt Pi for payments, making it a real-world currency rather than just a speculative asset.

Conclusion

Pi Network’s Layer 1 blockchain gives it the foundation for a self-sustaining digital economy. It allows DApp development, decentralized finance (DeFi), secure transactions, governance, and global payments, all while maintaining full control over its network growth and token supply. If Pi’s ecosystem expands with major partnerships and real-world adoption, it could become a significant player in the blockchain space.

I want to alert all global pioneers ⚠️⚠️⚠️

There is currently a lot of false information circulating inside the Pi community from other crypto currency holders. They are pretending to be pioneers and are spreading misleading information. Many pioneers are expressing anxiety about KYC and migration and may be at risk of losing their Pi. This is why I've emphasized the importance of reading the white paper or my articles to stay informed and avoid unnecessary worry or anxiety. If you have anxiety in KYC and migration,you are more likely to be targeted. Scammers take advantage of your anxiety.

They are telling pioneers that changing their password will change their KYC status from orange to green. They are collaborating with others to falsely claim that they have successfully changed their password and obtained a green status.

Some pioneers, or social media influencers are spreading this false information. They even tried to persuade me to encourage pioneers to do the same.

These individuals might have accidentally discovered that they can do KYC , or they could be intentionally spreading false information for personal gain.

Two members of the Chinese Core Team have tested this and confirmed that it is completely false.

Changing your password can't help your KYC status. In fact, some pioneers who attempted to do so found themselves unable to log in afterward, or they discovered that they were logged into a new account with a zero balance of Pi.

Please refer to the official announcements from the Core Team and Only trust information from the Core Team . Please do not believe what others are saying, as they may be scammers.

Why are they doing this? It's clear - jealousy! These individuals are associated with other cryptocurrencies and do not want Pi to succeed and don't want you succeed.

I have reviewed all the comments under my Twitter posts, and almost 95% of those complaining or attacking the Core Team or GCV are from accounts associated with other cryptocurrency holders.

I just found one screenshot of a person advocating changing the password. Actually, he or she is not a pioneer.

Please listen to the advice of a pioneer who commented on the above. He said:Just be patient, and you will get KYC green. There is no need to worry. He never did change password, after live check, his KYC become green.

The Core Team wants more pioneers to hold Pi. There is no reason to question if the Core Team will take your Pi. Their goal is to protect us from being scammed and ensure that all genuine pioneers who don't violate policies receive Pi.

Please repost and forward to your community to avoid more pioneers lose their Pi or account.

Doris Yin 🪷🪷🪷

Pi is not only a cryptocurrency but also a social network."

"We’ve been a social network for the past few years without a profile system for strategic reasons such as prioritizing actually having real people in a network. Having reached a network of millions, we are at the time to have profiles. Pi Social Profiles is built not only to fit the needs of individual Pioneers to have a profile page to interact with other Pioneers and external social media , but also to be a platform feature that can be integrated into different parts of the ecosystem such as different Pi apps and programs that need profiles."

Good morning everybody.
I'm very happy to discover this very nice social media.😍

Dear Global Pioneers,❤️

Your unwavering support for Pi Network and GCV is greatly appreciated. I have taken note of concerns regarding the slow migration of wallets and wish to address them directly:

1. It is crucial to look beyond surface observations and prioritize comprehensive understanding. I encourage the study of strategic principles such as the Art of War if you want to get the answer of your confusion. I know the answer but I can't tell you. So I encourage self study.

2. Complete trust in the Core Team is paramount for the success of Pi Network and GCV.

3. Maintain a positive attitude, prioritize self-care, and refrain from engaging in unnecessary disputes.

4. Keep actively generating GCV data and sharing it across various social media platforms.

5. Promptly report any instances of suspicious activities or policy violations to the Pi Network support team through the designated channels.

6. Actively disseminate educational content and other GCV-related information within your respective circles.

7. Prominently use the time before the inevitable success of Pi Network.

8. I encourage pioneers, leaders, GCV Ambassadors submit your Pi2Day petition to CT so that they can hear most pioneers voices.

The upcoming 4th Global Pioneers Conference GCV on June 16th holds significant importance, as it marks the final global gathering prior to the official OM launch. This event will feature speeches from all GCV Core Team leaders and numerous distinguished speakers.

I urge everyone to maintain a resilient and optimistic outlook as we progress towards victory.✌️✌️✌️✌️

Source:

https://x.com/dorisyincpa/status/1798745197834367253?t=Aa0DcEwoBuMZaXvuG1Iixw&s=19

My Name is Dzimado Samuel, im from Ghana 🇬🇭 at Africa, im Blogger and you can follow me all social media platforms, I always post about entertainment news about football, musicians, any entertainment news, follow me @paakwasimedia

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