Pi Network can achieve long-term success in the era of cryptocurrency

— Gradual decentralization and rigorous governance philosophy
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Many projects rush to succeed, claiming to be "completely decentralized," but in the early stages, they are often controlled entirely by the core team. When problems arise, they are helpless.

Pi adopts a more cautious and responsible approach:

· Phased Launch:
Closed Mainnet → Open Mainnet. During the closed mainnet phase, large-scale stress testing, KYC verification, and ecosystem application incubation are conducted to ensure that when fully open, the network is stable, secure, and vibrant. This "slow is fast" philosophy is particularly unique in the crypto world that pursues "speed over stability."

· The Importance of KYC (Know Your Customer):
Although the KYC process is cumbersome and controversial, it is key to building a legitimate, compliant, and anti-fraud network in the long run. It effectively prevents Sybil attacks (one person controlling many fake accounts), ensures the authenticity and fairness of token distribution, and paves the way for future integration with the real world (banks, governments).

· Building Stability:
This slow and steady approach filters out most short-term profit-seeking speculators, leaving behind long-term supporters who truly believe in the project's vision. In a market full of uncertainties, this has created a rare reputation for "stability" for Pi Network.