Blockchain News

Pi Network Users Warned Over Scams: Mainnet Frustration Persists

A recent article offers Pi Network users advice on how to secure their accounts and identities against malicious actors, while some commenters pine for fresher updates.

In a blog article posted on October 8, and reposted by @PiNewsMedia, Pi Network users were warned against a rise in malicious actors.

The post further included guidance on how best to protect themselves against such scams.

In particular, the Pi Network community was warned to stay away from “fake websites” and to only enter their passwords into the official Pi URL. 

“Protect personal information: Never enter personal information on an unsecured website. Pi Network's official page is the only place you should trust.”

Pi Network users were also advised to change their passwords at regular intervals, and ensure said passwords were strong, containing various elements such as “numbers and special characters”.

Finally, the article advocated for the community to assist in educating one another by spreading the word about the potential threats, as well as encouraging security-focused behavior such as password changes and exercising caution around unofficial websites.

Criticism Over Mainnet Delays Continues

Whilst much of the community appears to have responded positively to the warning, some commenters continue to voice their frustration over the seemingly never ending wait for a mainnet launch:

Meanwhile, other community members cite the lack of new and exciting updates released by the platform, accusing Pi of recycling old updates, perhaps in an attempt to distract from the lack of mainnet progress that has been revealed. 

What is Pi Network:

Pi Network is a mobile mining blockchain with an application that lets people earn Pi coins by doing simple tasks on their phones. However, the project remains in its development stage with delivery of an open mainnet still a matter of speculation, with no launch date confirmed. 

With this in mind, the protocol remains in its testnet stage and will apparently go live when many users (Pioneers) complete the mandatory KYC procedure while the core team works on developing its ecosystem.

Pi Network is also reported to be under investigation by authorities in Vietnam and users should exercise a high degree of caution when interacting with the project and ensure they have conducted sufficient research before doing so.

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