JUST IN : 2 advantages of being a Pi Network Validator that Pioneers must know - hokanews
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2 advantages of being a Pi Network Validator that Pioneers must know
hokanews.com - Pi Network created by Dr. Nicolas Kokkalis has entered a new era, since March 14 2023 yesterday the pi network founded by Dr. Nicolas Kokkalis has entered the age of 4 years, to be precise on 24 March or what is commonly called by Pioneers Pi Day.
Currently pi coin itself is updating the system in pi network Mass KYC process. Likewise for every pioneer who has referrals at this time can already invite other pioneers to do kyc pi network.
What exactly is KYC pi network.
KYC on Pi Network.
KYC (Know Your Customer) is the process of verifying user identity in the Pi Network application. Pi Network is a mobile application that aims to make it easier for users to make transactions and exchange digital currency called Pi.
The KYC process on the Pi Network includes verifying a user's identity by submitting a photo of an official ID such as a KTP, driver's license or passport.
The purpose of KYC on the Pi Network is to ensure that only people with a valid and verified identity can use the pi network application. KYC can also help prevent illegal activities such as money laundering and fraud.
The KYC process on the Pi Network is carried out following high security and privacy standards, so that user identity information will be kept confidential and will not be misused by irresponsible parties.
For every pioneer who has done kyc pi network and has passed. Then these pioneers can apply to become Pi Network validators.
What is validator pi network?
The KYC validator on the Pi Network is the person responsible for validating the KYC (Know Your Customer) process for new users registering on the Pi Network platform. KYC validators are users who have been recognized by the network as having access to the KYC validation process and are responsible for ensuring that the KYC process runs properly and safely.
The main task of the KYC validator is to verify and validate the identity of the user who has submitted a request to register on the Pi Network. KYC validators must ensure that all information provided by users during the KYC process is correct and valid.
Every user who registers on the Pi Network must go through a KYC process to ensure that their identity is valid and verified. KYC validators are responsible for ensuring that this process runs properly and that all users registered with the Pi Network have valid and verified identities.
In return, the KYC validator will receive a reward in the form of Pi for each successfully validated KYC process. This prize is an incentive for KYC validators to maintain network integrity and ensure that the KYC process on the Pi Network runs safely and reliably.
According to hokanews.com monitoring from one of the pi network community accounts on Twitter. It is very clearly written in the posting of the pi network community account.
The posts published by the pi network community account are like this:
Why is being a Pi Validator important:1. You help other pioneers to pass KYC and quickens Pi Open Mainnet.2. You earn 0.33 Pi for each successful validation. If you successfully validated 30 KYCs (conservative estimate) a day that woiuld earn you 10 Pi. Assuming Pi worth $100 (very conservative estimation) in the future, that would be $1000 a day just for being a Validator.Join now!#Bitcoin , #BTC , #Ethereum, #ETH, #cryptocurrencies, #crypto, #BNB ,@BSCNews, #PiNetwork, @PiWhales, @PiNewsMedia, @Pi_Worldwide_Cr, @jamila_go, @PiNetworkMarket, @PiCoreTeam, @mstor168
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| Twitter image source |
Note: need to know. Every pioneer who becomes a validator on the Pi Network, who definitely has a risk, should never share other pioneers' data. Never try to copy data from other pioneers to publish to someone else. This is in stark contrast to the pi network project. If the validator is caught spreading data from other pioneers. Then the validator must be ready to be punished by CoreTeam.
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