
Jakarta, Pintu News – Pi Network (PI) has just announced the remarkable achievement of breaking through the 18 million users who have verified their identity through the Know Your Customer (KYC) process. This ambitious step is claimed by the Pi Core Team as a structural advantage because it focuses on real human identity rather than just counting the number of digital wallets.
Pi Network (PI) uses a unique KYC system that combines human reviewers with artificial intelligence-based fraud detection technology. More than 1 million validators have worked hard to complete 526 million verification tasks to ensure the authenticity of approximately 18 million unique identities worldwide.
Each submission from a user has to pass around 30 rigorous individual checks before finally getting official approval from the system. This layered approach is done to ensure that the cryptocurrency ecosystem is clean of bot accounts or malicious identity manipulation.
As a token of appreciation, the network has just completed the distribution of the first validator rewards totaling 26.5 million PI coins. Validators are rewarded with 0.05 PI for each task they correctly complete according to the security protocols in place.
When converted to the current market price of around $0.17, the value of one task is equivalent to approximately Rp2,921. This shows the team’s commitment to building crypto infrastructure that incentivizes active community participation in keeping the network secure.
Also read: Pi Network Latest News Today (17/4): Can you shop on Amazon using PI? Here are the facts!
In response to the mass complaints, the Pi Core Team introduced the FastTrack feature and automated review system to speed up the verification process for millions of users. These new features have successfully verified an additional approximately 3.36 million pioneers who previously experienced technical issues with their applications.
Eligible users will see this option directly within the wallet app to immediately begin the identity migration process. This tactical move is expected to reduce long queues and provide instant access to various utilities within the cryptocurrency network.
To date, more than 16 million accounts have successfully migrated fully to the Mainnet network in an official and secure manner. However, there is still a wide gap between the number of verified users and those who have actually migrated.
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