🚨 Pi Network Faces Centralization Risks – Vietnam at the Core?
Pi Network is under scrutiny as 48.2% of its global nodes are based in Vietnam (154 out of 319, according to PiScan). That’s not all—both validator nodes are reportedly controlled by the Pi Core Team, raising serious decentralization concerns.
Key Issues:
Centralization risk: Heavy node concentration in one country.
Legal danger: Vietnam doesn’t recognize Pi Coin as legal tender. Transactions could lead to fines or criminal charges.
Token transparency: Over 60% of Pi Coins are held by the Pi Foundation, and there are rumors of internal sales, sparking trust issues.
If Pi Network wants global legitimacy, it needs to:
1. Diversify node distribution
2. Ensure transparent token practices
3. Align with local and international regulations
These next moves could define the future of the project.
#PiNetwork #PiCoreTeam #blockchain #VietnamPi
#decentralization #picoin $Pi