The Pi Network application, which allows you to mine digital currency on a mobile device, may be involved in the leakage of personal data of Vietnamese users. The database with 17 GB of data is sold on one of the hacker forums. Presumably, it contains information obtained as a result of Pi Network users passing the KYC procedure, including identity cards, addresses, phone numbers and emails.
https://e.vnexpress.net/news/news/personal-data-leak-affects-thousands-of-vietnamese-4279503.htmlPI does not do KYC directly, at least in the last year, YOTI does them
The KYC verification isn't the bad thing here but implementation of KYC when mining is out of this world mate, proof of work algorithm with KYC? If that sounds normal to you then you don't know what proof of work is... Pi Network ruined themselves
The mainnet network has not yet been launched, at the moment we only have a token distribution system based on the patience that we have giving the button for 1 or 2 years. Something that is really testing my endurance capacity. KYC is a way to select only humans, because there are a lot of clever people who could claim tokens from various accounts using bots or whatever invention they come up with. KYC does not intervene in the operation of the network, it is simply a way of selecting the people who will then receive the tokens.