The Hidden Risks Behind Pi Network’s Decentralization and Privacy Strategies
The Pi Network faces scrutiny due to centralized Pi Coin (PI) holdings, impacting its decentralization claims. Core team controls 62.8 billion Pi Coins across six wallets, with 20 billion PI in 10,000 undisclosed wallets, raising centralization concerns. With only 43 nodes and three validators, Pi Network’s infrastructure contrasts sharply with more decentralized networks like Bitcoin … Read more