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Crypto News

Pi Centralism raises serious questions about the future

According to PISCAN data, the Network Core team is currently carrying the majority of Coin Coin (PI).

While this focus may be necessary during the early stages of the network development, it raises great concerns about the future decentralization of the project.

PI: Core Team Control

The latest data reveals that the main team of the PI control about 62.8 billion PI coins through six governors. In addition, about 20 billion PI is located in about 10,000 unlisted portfolios belonging to the team.

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Pi Network’s Pi Coin Holdings. source: Peskan

This brings the total offer that these entities keep to about 82.8 billion PI. It represents a large part of the total of 100 billion.

This increases the complexity of central problems, the PI network currently operates only 43 contract and three ratification worldwide. In a blatant contradiction, the most firm layer networks work, such as Bitcoin (BTC). 21000 The contract. Moreover, at ethereum (ETH) More than 6,600, and Solana has about 4,800 nodes.

The limited number of contract and the contracting means that the network control is concentrated in the hands of some entities. Therefore, this makes the network much more central than its most firm counterparts.

This is not all. This lack of transparency adds another layer of uncertainty.

“The source code analysis of the PI and the series on the chain is a challenge for its incomplete openness,” Pissan to publish On x.

Meanwhile, the PI network also raised doubts regarding privacy and third -party participation. In updating the 2025 privacy policy, the Pi Network revealed that it uses Chatgpt to know your customer (KYC). This feature was not mentioned in former A copy of the policy.

“We use ChatGPT, as a reliable partner of artificial intelligence, to automate identification and enhance safety measures. Using our KYC services, users agree to use ChatGPT, and other artificial intelligence providers document Countries.

The introduction of artificial intelligence (AI) in the KYC process brings a new layer of complexity to how to share and process user data.

These concerns add to an increasing list of issues surrounding the PI network. The community has previously highlighted technical difficulties during the migration of Mainnet. In addition, many users, who are frustrated due to the long closing period and limited immediate access to symbols, try to sell their accounts.

This was dissatisfied with a sharp decrease in the popularity of the PI network. According to Google Trends, the search for the “PI” has decreased significantly since Mainnet was launched on February 20.

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The interest of searching in the PI network. source: Google Trends

On the launch day, the research was in 100, which indicates the peak of the audience’s interest and the excitement surrounding the event. However, this number has decreased to only 12 at the time of this report, which reflects a sharp decrease in attention.

Disintegration

In adherence to the confidence project guidance, beincrypto is committed to unprepared and transparent reporting. This news article aims to provide accurate information in time. However, readers are advised to independently verify facts and consult with a professional before making any decisions based on this content. Please note that the terms, conditions, privacy policy have been updated and the evacuation of responsibility.

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