The Mainnet of the Pi blockchain will go live soon (it can be earliest by tomorrow or latest by in a few days). Pi Mainet going live in simple words mean that we will be able to see the value of the Pi in the blockchain. In other words, Pi will become a full-fledged cryptocurrency.
The Mainnet will have two periods:
1. The Enclosed Network
In this period, the Pi network will not have external connectivity. However, pioneers can use Pi for any kind of exchange in goods and services within the network. This period will also allow pioneers to pass KYC and migrate the Pi to Mainnet blockchain (transfer in wallets).
2. The Open Network
Most probably on 14th March 2022, on Pi day (depending on the maturity of the enclosed network period), the open network will begin. That will be the period where Pi network will have all external connectivity with any other network.
Important Requirements Before the Mainnet
- Download Pi Browser
- Create a Pi Wallet ( Do not forget to copy and keep the passphrases secure. In the Mainnet, you cannot reset the passphrase and all your Pi will be lost)
- Decide how much Pi you want to lock up
- Submit your KYC Application (coming soon)
Dear Pioneers (especially Bhutanese), feel free to drop any queries in the comment box.
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