Pi Network Shares KYC Update But Community Backlash Floods In
Pi Network’s April 2026 progress replace revealed that the community has now surpassed 18.1 million totally verified customers and accomplished over 16.72 million mainnet migrations.
According to the replace, April alone noticed greater than 100,000 KYC approvals and 30,000 mainnet migrations.
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Pi Network’s KYC Update Triggers Pioneer Backlash
The newest figures come after the Pi Core Team explained that its in-app Know Your Customer (KYC) system combines human reviewers with AI-powered fraud detection.
The community said that over 1 million people have collectively processed around 526 million verification duties, serving to verify practically 18 million distinctive identities.
Each utility reportedly undergoes roughly 30 separate verification checks earlier than approval, in an effort to cut back the variety of duplicate or fraudulent accounts.
Nonetheless, Pioneers flooded the announcement with complaints. Commenters mentioned tentative approvals had remained pending for prolonged intervals.
“The @PiCoreTeam promised a decentralized revolution, however for hundreds of thousands of Pioneers, the one factor ‘decentralized’ is the hope of passing KYC. It’s been 7 years down the road with no hope in sight,” one person wrote.
Pi Core Team Responds to Pioneer Concerns on KYC
Nonetheless, the Pi Core Team advised BeInCrypto that Pi’s KYC overview course of is deliberately conservative. The staff mentioned efficient KYC shouldn’t enable each account to move simply, which is precisely the intent of working a powerful KYC course of within the first place.
They added that if functions had been permitted with out adequate verification, it might:
• Duplicate accounts may migrate to Mainnet, harming the ecosystem
• Rewards and participation would change into distorted, creating unfairness
• Applications and providers wouldn’t have the ability to depend on person authenticity, diluting this Pi useful resource.
“Maintaining a verified, one-person-per-account construction ensures that Pi Network stays honest, safe, and usable. Since Pi rolled out a system course of improve in October 2025, greater than 3.36 million Pioneers have moved from Tentative to totally permitted KYC,” the staff mentioned.
The staff talked about that resolving person issues stays “a precedence.” The outlined three steps that Pioneers who stay in Tentative standing can take:
• Complete any obtainable liveness checks within the Pi app
• Ensure all submitted info is correct and clear
• Continue actively mining, which can set off the system course of checks
Pi defined that caught Pioneers fall into completely different nook circumstances, every requiring a customized technical repair earlier than that group may be unblocked.
“Overall, having a ‘Tentative KYC’ standing doesn’t imply rejection. It means further verification is required earlier than closing approval. The Tentative KYC standing helps make sure the integrity of the community by cautiously permitting as many actual human Pioneers as potential to move KYC, whereas catching and stopping as many faux and bot accounts as potential,” PCT advised BeInCrypto.
Pi Coin (PI) Faces Headwinds in May
Meanwhile, amid rising person complaints, Pi Network can be dealing with stress on the value entrance. While many altcoins have rallied with double digits in May, Pi Coin has lagged.
Its worth has declined 2.6% to this point this month. PI traded at $0.17 at press time, up 1.3% over the previous day.
Still, a possible catalyst sits days away. Pi Network has set May 15 as the deadline for mainnet nodes to finish the Protocol 23 improve. Previously, Protocol 22 lifted PI practically 9% earlier than the rally light.
Whether Protocol 23 produces sturdy worth motion stays to be seen. About 174.2 million PI tokens will enter circulation over the subsequent 30 days, which may weigh on any rally.
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The publish Pi Network Shares KYC Update But Community Backlash Floods In appeared first on BeInCrypto.
