by Enoch Mwathwa
Pi Network has rolled out a faster KYC process to address mounting complaints over slow verification times. The move comes as millions of users wait to unlock their Pi tokens amid ongoing delays in the mainnet migration.
Fast Track KYC Brings Relief to Pioneers
The Pi Core Team unveiled a new Fast Track KYC feature designed to ease verification bottlenecks. Unlike the old system, which required at least 30 mining sessions before applying, the new process allows early verification for both new and existing users. This update enables faster wallet activation and access to apps, local commerce, and ecosystem events.
Importantly, Fast Track KYC does not bypass security checks. Applications that fail to meet normal standards will still be rejected. The system runs inside the Pi Wallet app, giving users a secure and independent pathway that avoids reliance on third-party providers such as Banxa. The team stressed that while approval speeds up access to ecosystem features, balances remain locked until users complete the full migration checklist.
Community members have welcomed the change, though many remain cautious. Slow migration timelines have fueled frustration, and some see Fast Track KYC as a signal that full migration may be close. The feature has revived hopes that pending tokens could soon move to the mainnet, a milestone long awaited by Pioneers.
Broader Ecosystem Progress
Beyond KYC, Pi Network is pushing ahead with infrastructure improvements. The team confirmed a successful integration of Stellar’s Protocol v23 on its testnet, proving block validation at height 20,824,824. While only a testnet upgrade, the step reflects the network’s focus on blockchain optimization.
Pi is also boosting its visibility in the crypto space. The project is a Gold sponsor of the TOKEN2049 event in Singapore, where co-founder Chengdiao Fan will deliver a keynote on October 1. The community hopes the presentation will reveal more about the project’s long-term roadmap and address concerns about transparency.
On the trading side, Pi Coin is gaining ground. OKX recently listed a PI/USDC pair, expanding liquidity options for holders. Additionally, Onramp Money confirmed Pi support in more than 60 countries, broadening its reach. With over 14.8 million users already verified and migrated, the faster KYC rollout adds momentum as Pi pushes toward full mainnet adoption.
#blockchain #crypto, #decentralized, #distributed, #ledger
