Pi Network Debunks Mainnet Rumors and Expands KYC Verification

Pi Network has officially debunked the latest wave of rumors claiming that its mainnet has gone live. The project continues to operate in its enclosed network phase. It clarified that its blockchain remains on Testnet version 19, not version 23, as some online posts had suggested. At the same time, the team announced progress on its KYC (Know Your Customer) verification process. This allows millions of users to move closer to full participation.

Mainnet Rumors Proven False

Speculation around Pi Network’s open mainnet launch has circulated across social media in recent weeks. However, multiple community developers and ecosystem trackers confirmed that the blockchain is still operating on Testnet v19. Screenshots from the Pi block explorer showed no sign of an upgrade to v23. They disproved claims that the project had transitioned to a live mainnet. 

Several Pi-focused accounts, including PiNetwork DEX and independent users, cautioned the community not to believe misleading information. They emphasized that the open network phase. Which would allow full external connectivity to wallets and exchanges, has not yet begun. Community members also pointed out that Pi Network’s blockchain is still not open-source. The team keeps the firewall in place, and the team has not yet unlocked the ecosystem for public access. This means that connections from external wallets, such as OKX, are still not possible.

Community Urged to Avoid False News

Leaders and long-time supporters of the Pi ecosystem have urged “Pioneers.” As Pi users are known to remain cautious about online rumors. While fake news often creates short-term excitement, it also leads to confusion and disappointment. Some members highlighted that an open mainnet would only begin once the Pi Core Team officially removes the enclosed network firewall. 

This transition will allow external wallets, developers and exchanges to connect freely with the Pi blockchain. Until then, the team advises users to rely only on official announcements from the Pi Core Team. Recently, for example, information has even extended to global publications, with reports linking Pi Network to ISO 20022. While it complements established blockchain payment systems. Such claims have been refuted by Pi community developers and analysts. Who stressed that no formal connection or certification currently exists.

KYC Expansion Brings Hope to Pioneers

In more positive news, Pi Network announced an expansion of its KYC system. This offers relief to millions of users who were stuck in the verification process. According to updates shared by PiNetwork DEX, around 3 million users with “Tentative KYC” status can now proceed. By completing an additional liveness check in the app. This update marks a major step toward bringing more Pioneers closer to full network participation. Completing KYC verification is essential for users to migrate their mined Pi coins to the mainnet once it opens. The new process aims to make the verification system faster, fairer and more inclusive.

Looking Ahead

Despite delays and speculation, Pi Network continues to expand its user base and infrastructure. The Core Team has emphasized that the project’s focus remains on long-term stability and compliance. Rather than rushing into a public launch. By addressing rumors and improving its verification system. Consequently, Pi Network is signaling its commitment to transparency and readiness. Therefore, as the project continues its transition from enclosed testing to an open blockchain environment, patience and accurate information remain key to its success. Currently, Pioneers are encouraged to stay informed, complete their KYC and wait for official updates on the network’s next phase.