Why was the Binance Network? Community members move the primary team star-news.press/wp

The PI List on Binance was waiting for a long time, while the Pi Core team did not make a great effort to make this possible. The Binance menu will provide a big boost to the PI, which is amazing 85 % of its peak of $ 2.85. A PIMIUY member explains three main reasons behind the delay.

Why cannot PI coin break the Binance menu?

1. PI face questions about decentralization

Mr. Spock, a member of the PI community, indicated that network governance is still largely with the PI Core team. Although PI displays itself as a project driven by society, governance and control remain firmly with the PI Core team. The main decisions such as protocol and migration promotions and developers guidance are still taken by team members.

As a result, the PI network has not yet reached the real decentralization, while the Pi Core Team team they have already achieved. Mr. Spock indicated that this position on the main team has left society to face challenges independently. Although some US -based encryption exchanges, such as Swapfone, have included the PI code, decentralization deficiency prevents the inclusion of higher stock exchanges such as Binance and Coinbase.

2. Failure to reach the Mainnet stage

Mr. Spock stated that most PI network activity still remains on Testnet instead of open Mainnet. Although the project is officially in the open network stage, Blockchain remains in a transitional stage.

Regarding the problem, only a small part of the pioneers running the contract is active on Mainnet. As a result, decentralization is still more understandable than a reality. Recently, the PI Core team has issued a consultant to users to take steps to complete the Kyc and Kycstart Migration process to Mainnet.

3. The benefit of the real world is not present

Despite the demand for deportation to Mainnet, the PI Core team failed to bring interest in the real world to the PI icon. The main aspects of the PI, such as referral bonuses, audit profits, and PI symbols gained from the contribution of the ecosystem, bonuses from early participation, etc.

While these rewards are displayed, they have not yet been transferred to user portfolios, leaving a lot of the project to the project. Although the main team has started some transparency measures such as KYB business (KYB) to distribute the distinctive PI, it was not enough to enhance adoption.

The members of the PI community call for major answers

Despite the strong societal reserve version, the silence of the Pi Core team on the main issues may leave the members frustrating. The PI Core (PCT) team called the pioneers to help processing the wrong information surrounding the project. However, community members note that a lot of confusion stems from the lack of the basic team to clear and consistent communication.

For years, the PI community has worked to defend the project, explain its mission, and manage expectations. Critics argue that the prolonged silence of leadership has fueled speculation, fake news and increased frustration among supporters. In a message on the X platform, Mr. Spook stated:

“The PI Core team must adopt its current role as leaders, not only from visions. They cannot behave like Satoshi Nakamoto, who just moved away from Bitcoin after it became fully decentralized.”

After the bottom at $ 0.33 earlier this week, the price of the PI rose back and rose by 7 % today at $ 0.39. The daily trading volume also increased to 88 million dollars, as analysts share bullish feelings.

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Bushan Akolkar

BHUSHAN is a seasoned analogy with an eight -year experience in an extension of more than 10,000 contributions via multiple platforms such as Coingape, Coinspeaker, Bitcoinist, Crypto News Flash and others. Be enthusiastic about technology, he loves reports via encryption, Blockchain, Defi, and Global Macros with a severe understanding of financial markets. He is committed to continuous learning and remains eager to share the knowledge he acquires. In his spare time, Booshan enjoys reading excitement novels and sometimes exploring his cooking skills. BHUSHAN is a Bachelor’s degree in electronics engineering, however, his interest in financing and economy leads him to encryption and Blockchain.

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Disclaimer: The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.

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Why confidence: Coingaape: Coingepe has covered the coded currency industry since 2017, with the aim of providing useful visions to our readers. Journalists and analysts bring years of experience in market analysis and Blockchain technology to ensure realistic accuracy and balanced reports. By following our editorial policy, our book is achieved from every source, and verifies each story, and they depend on the reputable sources, quotes and media properly. We also follow a strict review methodology when evaluating exchanges and tools. From Blockchain projects emerging and launching operations to industry events and technical developments, we cover all aspects of the area of digital assets with a fixed commitment to the relevant information in time.

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