AN OPEN LETTER:

THERE’S NEED FOR Pi NETWORK LEADERS AND MINERS TO UNDERSTAND HOW TO TRANSACT WITH THEIR WALLETS AS THE OPEN NETWORK IS FEW WEEKS AWAY.


As the Pi Network prepares to launch its Open Mainnet, it’s crucial for miners to fully understand how to use their wallets for transactions. Here are key points Pi Network miners should focus on:

1. Wallet Setup: Ensure your Pi Network wallet is properly set up. You should have securely backed up your passphrase, which is critical to access your Pi and make transactions.

2. Test Transactions: Use the Testnet Pi in your wallet via the Pi Browser to practice making small transactions before the Open Network goes live. This will help you get comfortable with transferring Pi and understand how the transaction process works. Very simple!

3. Transaction Fees: Familiarize yourself with how transaction fees work on the Pi network currency using conversion rates in your local currency. This will help you plan transactions better and avoid unnecessary costs.

4. KYC Verification: Ensure you have completed the KYC (Know Your Customer) process to avoid any delays or issues in accessing your Pi when the Open Network is available.

5. Using Pi in Apps: Learn how to use Pi to purchase goods or services within Pi apps that support transactions. This will give you practical experience before the broader network launch.

6. Security: Be cautious of potential scams or phishing attempts, especially as the Open Network attracts more attention. Always verify transaction details and avoid sharing your private key.

Leaders and Pioneers, kindly use this period to start engaging those you invited to the Pi Community and even those you’ve come across by teaching them this important lesson now before time. Getting familiar with the wallet now will make it easier to engage with the ecosystem when the Open Mainnet is live. Teaching them now will prevent them from calling you out of a busy schedule to guide them on phone when the need arises for them to use their money. This will eventually save them from losing their assets through fraudulent persons who may appear as nice assistants

Thanks for your cooperation.

AFRICANPARROT TV.