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PiNetwork unveils plans for multi-signature wallet to enhance security and streamline transactions within mainnet Pi app
Pi Network has unveiled plans for a secure multi-signature wallet to enhance security and simplify transactions within mainnet Pi applications. This advancement is expected to provide greater asset protection and new possibilities for Pi application developers and users.
Explore the prospects of multi-signature wallet integration:
As the world of decentralized applications (DApps) continues to evolve, developers continue to seek solutions to improve security and user engagement.
To meet these needs, Pi announced plans to release a secure multi-signature (multi-signature) wallet system for mainnet Pi applications. These wallets will provide unprecedented security for Pi assets and simplify transactions between Pioneers and applications.
“A multi-signature (or multi-signature) wallet for mainnet Pi applications will be released soon, allowing developers to enhance the security of the Pi received and held by their applications,” the Pi Core Team wrote on June 28.
Dual wallet: receive and send
The new mainnet Pi App system will maintain two wallets. The first is a receiving wallet, which is similar to a savings account and allows developers to collect Pi from app users through Pioneer-to-App payments. The second is a sending wallet, similar to a checking account, used to make payments to Vanguard.
Receiving wallet: multi-signature cold wallet
The receiving wallet is designed as a multi-signature cold wallet and will securely store the majority of the application's Pi reserves. The wallet runs offline and requires multi-signatures for transactions, increasing the protection of Pi assets. This mechanism improves security and specifically helps collective team governance by forcing multiple members to sign off before any Pi is dispatched.
#cryptocurrency #pinetwork #minepi #pi
Pi Network has unveiled plans for a secure multi-signature wallet to enhance security and simplify transactions within mainnet Pi applications. This advancement is expected to provide greater asset protection and new possibilities for Pi application developers and users.
Explore the prospects of multi-signature wallet integration:
As the world of decentralized applications (DApps) continues to evolve, developers continue to seek solutions to improve security and user engagement.
To meet these needs, Pi announced plans to release a secure multi-signature (multi-signature) wallet system for mainnet Pi applications. These wallets will provide unprecedented security for Pi assets and simplify transactions between Pioneers and applications.
“A multi-signature (or multi-signature) wallet for mainnet Pi applications will be released soon, allowing developers to enhance the security of the Pi received and held by their applications,” the Pi Core Team wrote on June 28.
Dual wallet: receive and send
The new mainnet Pi App system will maintain two wallets. The first is a receiving wallet, which is similar to a savings account and allows developers to collect Pi from app users through Pioneer-to-App payments. The second is a sending wallet, similar to a checking account, used to make payments to Vanguard.
Receiving wallet: multi-signature cold wallet
The receiving wallet is designed as a multi-signature cold wallet and will securely store the majority of the application's Pi reserves. The wallet runs offline and requires multi-signatures for transactions, increasing the protection of Pi assets. This mechanism improves security and specifically helps collective team governance by forcing multiple members to sign off before any Pi is dispatched.
#cryptocurrency #pinetwork #minepi #pi
$Pi Network: March-June 2024, the beginning of an exciting new era
Oct 11 2023
Pi Network, this highly anticipated cryptocurrency project, is rapidly moving towards a new stage of open mainnet.
Why does Pi Network launch the mainnet?
The development of Pi Network has always been carried out on the test network.
By opening the mainnet, Pi Network can provide more services and functions, allowing more people to participate. This will help expand the Pi Network’s ecosystem and increase the number of currency holders, merchants, and developers, thereby promoting the widespread adoption of Pi.
According to the release time of the core team’s roadmap and the construction progress of the current project, Pi Network is expected to launch an open mainnet from March to June next year. By then, Pi Network will undergo exciting changes.
More users: With the opening of the mainnet, Pi Network will be able to attract more users. This means that more people will have the opportunity to participate in Pi’s ecosystem, mine, build a circle of trust, and participate in Pi’s applications.
Acceptance by merchants: As more and more people use Picoin, it can bring more traffic to merchants, so more and more merchants will join the ranks of accepting Picoin payments.
Develop more applications: With the opening of the mainnet, developers will be able to build more applications and tools to meet user needs. This will make the Pi Network ecosystem more diverse, offering a variety of interesting and useful features.
More opportunities: Pi Network’s open mainnet is expected to provide more people with opportunities to earn Pi coins. Users can obtain Pi coins through various methods such as mining, participating in community building, and purchasing goods and services, which increases their motivation to participate.
All Rights Reserved by PiNews
#pinetwork
#pi #minepi
Oct 11 2023
Pi Network, this highly anticipated cryptocurrency project, is rapidly moving towards a new stage of open mainnet.
Why does Pi Network launch the mainnet?
The development of Pi Network has always been carried out on the test network.
By opening the mainnet, Pi Network can provide more services and functions, allowing more people to participate. This will help expand the Pi Network’s ecosystem and increase the number of currency holders, merchants, and developers, thereby promoting the widespread adoption of Pi.
According to the release time of the core team’s roadmap and the construction progress of the current project, Pi Network is expected to launch an open mainnet from March to June next year. By then, Pi Network will undergo exciting changes.
More users: With the opening of the mainnet, Pi Network will be able to attract more users. This means that more people will have the opportunity to participate in Pi’s ecosystem, mine, build a circle of trust, and participate in Pi’s applications.
Acceptance by merchants: As more and more people use Picoin, it can bring more traffic to merchants, so more and more merchants will join the ranks of accepting Picoin payments.
Develop more applications: With the opening of the mainnet, developers will be able to build more applications and tools to meet user needs. This will make the Pi Network ecosystem more diverse, offering a variety of interesting and useful features.
More opportunities: Pi Network’s open mainnet is expected to provide more people with opportunities to earn Pi coins. Users can obtain Pi coins through various methods such as mining, participating in community building, and purchasing goods and services, which increases their motivation to participate.
All Rights Reserved by PiNews
#pinetwork
#pi #minepi
