Post
Topic
Board Mining (Altcoins)
Re: Is the new cryptocurrency PI Network another scam or legit?
by
browolf
on 26/01/2021, 22:08:25 UTC
PI Network have tarnished their own image even if they are real and have something good in mind, all their ways are bad from the beginning, a very long time delay, spamming on forum with new accounts, also I would like to ask why KYC for mining? I have never seen this in crypto space before, is PI Network centralized? Or decentralized.


Mining is a process to detemine allocation of mainnet premine. KYC is to ensure 1 person 1 account and to ensure people aren't cheating the allocation process.

Pi network will be decentralized when mainnet is released. Until then it is not.