#PI If the issues of ecosystem hollowing and compliance cannot be resolved, Pi Coin will be difficult to "pump"—the long-term value of cryptocurrency ultimately depends on "use cases," not "number of users."#PI #BTC #PI

#PI After the Pi mainnet upgrade in 2025, the optimization of transaction speed through Layer 2 (TPS increased to 500 transactions/second), the launch of Pi Bridge cross-chain functionality (connecting to public blockchains such as BNB Chain)10, and the improvement of the technical foundation may enhance market confidence.
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#PI Community Base and User Activity: Pi Network has a large user base—data from 2025 shows that 19 million people have completed KYC, and 15 million users have migrated their tokens to mainnet wallet 810. If the ecosystem can activate the real needs of these users (such as payment and DeFi scenarios), it may drive a short-term price rebound. #PI #BTC #PI

#PI The current Stellar Consensus Protocol (SCP) suffers from low node validation efficiency, resulting in TPS (transactions per second) consistently below 50, which is significantly lower than the “million-level TPS” touted in early promotions.
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#PI Due to mainnet interface restrictions and other issues, a large number of Pi ecosystem projects have failed, and GitHub activity rankings have plummeted. It is necessary to strengthen the developer community, provide comprehensive development documentation and tools, and host developer events to attract more developers to participate in the development and application of the Pi mainnet. Through developers' innovation and contributions, the Pi ecosystem can be enriched, and the performance and value of the mainnet can be improved.#PI #BTC #PI

#PI The Pi coin has faced issues such as limitations in the Mainnet interface, leading to the failure of many ecological projects and a big dump in GitHub activity rankings. It is necessary to strengthen the developer community, provide rich development documentation and tools, and organize developer events to attract more developers to participate in the development and application of the Pi coin Mainnet. Through the innovation and contributions of developers, the ecosystem of the Pi coin can be enriched, and the performance and value of the Mainnet can be improved. #PI #BTC #PI

#PI The Pi coin has faced issues such as Mainnet interface restrictions, leading to the failure of many ecological projects and a big dump in GitHub activity rankings. It is necessary to strengthen the developer community building, provide rich development documentation and tools, and hold developer events to attract more developers to participate in the development and application of the Pi coin Mainnet. Through the innovation and contributions of developers, the Pi coin ecosystem can be enriched, and the performance and value of the Mainnet can be improved. #PI #BTC #PI

#PI Pi coin has not publicly disclosed the Sharding technology validation data, leading to serious technical black box issues. Sharding technology can be introduced to divide the Blockchain network into multiple shards, where each shard can independently process transactions and smart contracts, thereby improving the overall scalability and performance of the network. When adopting Sharding technology, it is essential to disclose relevant validation data and accept supervision from the community and professional institutions. #PI #BTC #PI

#PI Pi coin lacks the functionality of smart contracts, making it difficult to support the construction of a decentralized exchange. There is a need to increase investment in the research and development of smart contracts, establish a comprehensive development and testing environment for smart contracts, and ensure the security and reliability of smart contracts. At the same time, it is important to disclose smart contract audit data to improve transparency and enhance trust among developers and users in smart contracts. #PI #BTC #PI

#PI : The performance of a large number of user devices and network environments varies greatly, resulting in difficulties in meeting the high requirements for the stable operation of the Mainnet. The project team can establish a node monitoring system to monitor the operational status of nodes in real-time, promptly identify and resolve node failures. They can also provide a node operation guide to help users optimize device performance and network environments, thereby improving the online rate and stability of nodes. #PI #BTC

#PI lacks a third-party audit report, making it impossible to ensure that the project's development and operation meet industry standards and best practices. A third-party audit can provide a comprehensive assessment of the project's code quality, security mechanisms, operational management, and more, identifying potential issues and suggesting improvements. Without this step, the technical and managerial risks of the project are difficult to control effectively, which in turn affects the stability of the Mainnet. #PI #BTC #PI #PI

#PI The competition in the Crypto Assets market is fierce. Pi Network not only has to compete with mature Crypto Assets like Bitcoin and Ethereum, but also has to face challenges from other emerging projects. To stand out in the competition, the project team may need to continuously innovate technologically and upgrade features, but this also increases the difficulty and complexity of Mainnet development, which may lead to neglecting the stability of the Mainnet in the pursuit of innovation. #PI #BTC #PI

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Node online rate is unstable: Unstable network connections and insufficient hardware configuration can lead to a low node online rate. Unstable network connections may cause nodes to frequently disconnect, affecting their availability in the network; insufficient hardware configuration can cause nodes to run slowly, unable to process and respond to transaction requests and data synchronization requirements in the network in a timely manner, thereby affecting the stability of the entire mainnet.
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The vulnerabilities and defects that may exist in the code cannot be discovered and fixed in a timely manner, which can lead to various problems during the operation of the Mainnet, such as vulnerabilities in smart contracts that may result in asset loss, and node verification failures that can affect the legality of transactions and the normal operation of the network. #PI #PI #BTC

#PI Although the project party claims that Pi coin is based on blockchain technology, it actually lacks a real decentralized architecture. Decentralization is a key characteristic for the stable operation of blockchain networks, and a lack of this architecture can lead to bottlenecks when the network faces a large number of transactions and data processing, affecting the stability of the mainnet. For example, during transaction validation and data synchronization, a lack of effective collaboration among distributed nodes may result in transaction latency or failure, failing to meet the mainnet

#PI In summary, the instability of the Pi coin Mainnet will amplify risks from multiple dimensions including technology, Liquidity, trust, value, and regulation, necessitating caution against its "expectation-driven" valuation bubble. #PI #BTC

The future of pi coin has both optimistic and pessimistic views, as the pioneers are now disappointed and have not received the value they deserve after following for 6 to 7 years. #PI #PI #BTC

#PI The Mainnet has not officially launched for a long time, which may raise questions from regulatory agencies (such as the US SEC listing similar projects as regulatory priorities). If deemed an "unregistered security," the project will face legal accountability. In addition, the domestic ban on "zero-cost Mining" projects has been clearly established, and an unstable Mainnet will increase the compliance difficulty of the project, and may even be forcibly shut down. #PI #BTC

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Repeated delays or functional defects of the mainnet can undermine users' trust in the project, triggering panic selling among early participants and investors. For instance, the delay of the Pi mainnet originally scheduled to launch in 2025 caused the price to drop below $0.1, exacerbating the market's trust crisis; the large-scale selling behavior of early miners directly exposed the ecological vulnerability. #PI