Concerns Rise Over Centralization as Pi Network Core Team Holds 82.8 Billion Coins
Recent data from PiScan reveals growing concerns regarding the Pi Network’s centralization. The core team currently controls a staggering 82.8 billion Pi Coins (PI), raising alarms about the distribution and decentralization of this cryptocurrency. As the Pi Network aims to foster a user-friendly experience, the significant concentration of power within the core team may undermine the foundational principles of decentralization that many cryptocurrencies strive to uphold. Investors and community members are now questioning how this centralization could impact the network’s future and its ability to remain a viable player in the cryptocurrency market. Transparency and trust will be crucial as the community navigates these concerns.