Nicolas Kokkalis Leads Cold Wallet Initiative
Nicolas Kokkalis, Pi Network founder, heads the project with a solid background in decentralized systems. The introduction of cold wallets signifies a shift towards increased self-custody for over 19 million users.
The Pi Core Team has spotlighted wallet security and migration guidelines as the network transitions to its Open Network phase. Community channels emphasized the need for secure alternatives to hot wallets.
Cold Storage Enhances $PI User Autonomy
The move towards cold storage solutions, including Zypto App and OKX Wallet + Ledger, enhances the security and autonomy of $PI users. This shift aligns with the Open Network's mainnet launch.
Financially, this development has not impacted other major cryptocurrencies, as $PI remains largely self-contained. The focus remains on securing $PI tokens through enhanced wallet features.