Pi Network is a cryptocurrency project that enables mining through mobile phones, aiming to create a decentralized ecosystem. It is currently in the "mainnet" stage, but free trading has not yet been opened, and the token value has not been recognized by the mainstream market. - **Future Challenges** - **Technical implementation**: It is necessary to address issues of mainnet stability, transaction efficiency, and security. - **Compliance**: Facing global regulatory pressure on cryptocurrencies, especially regarding anti-money laundering and user identity verification. - **User Trust**: The prolonged closure of trading has raised community doubts, and it is necessary to demonstrate its actual application scenarios (such as payment, DApp ecosystem). - **Potential** If a decentralized application ecosystem is successfully implemented and compliant permissions are obtained, it could become a niche payment tool, but it must overcome the competition from mature projects like Bitcoin and Ethereum.
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#PI - **Current Situation**
Pi Network is a cryptocurrency project that enables mining through mobile phones, aiming to create a decentralized ecosystem. It is currently in the "mainnet" stage, but free trading has not yet been opened, and the token value has not been recognized by the mainstream market.
- **Future Challenges**
- **Technical implementation**: It is necessary to address issues of mainnet stability, transaction efficiency, and security.
- **Compliance**: Facing global regulatory pressure on cryptocurrencies, especially regarding anti-money laundering and user identity verification.
- **User Trust**: The prolonged closure of trading has raised community doubts, and it is necessary to demonstrate its actual application scenarios (such as payment, DApp ecosystem).
- **Potential**
If a decentralized application ecosystem is successfully implemented and compliant permissions are obtained, it could become a niche payment tool, but it must overcome the competition from mature projects like Bitcoin and Ethereum.