PI Network becomes safer through two-factor authentication-whether the course reacts to it?
- PI Network introduces a two-factor authentication to offer customers an additional security level.
- However, this function is only available for pioneers who have set up trustworthy emails.
Pi Network has in the youngest announcement The publication of a two-factor authentication function (2FA) is announced, which is necessary for pioneers to successfully migrate to the Mainnet. According to the report checked by CNF, this function adds an additional security level to secure and confirm the pioneers’ accounts and their tokens. However, the team pointed out that pioneers need one before authentication without trustworthy email:
“Some pioneers may already have a trustworthy email address that you can use to start the 2FA to confirm your migration wallet, and others may have to set up a trustworthy email address before completing the 2FA to confirm your wallet.”
In a guide to setting up a trustworthy email address, the official announcement shows that the users must carry out an activity test to confirm the e-mail property. In this case, a request in the mining app would appear to complete the process. However, only users with a fully completed know-your-customer procedure (KYC) are entitled to do this-security is not a one-way street.
“Only pioneers who have completed KYC are currently entitled to add a trustworthy email. This is also used for other important account reviews, for example for the restoration of accounts. It is therefore important that you specify an email address that belongs to you and that you trust. The specification of a random email address to which you have no access leads to the verification-you can then not be completed-you can then do your wallet Do not confirm to migrate your PI or to restore your account in the future. ”
In the meantime, 80 % of the users run the risk of losing access to their credit, since the KYC period brought closer to CNF.
The migration process
According to the PI team, pioneers who have migrated their assets to the Mainnet in the past few weeks, but are still waiting in the 14-day waiting period, must urgently set up the two-factor authentication (2FA). The 2 weeks are important for the migration process, in which the greatest possible security is to be guaranteed and the accuracy is to be determined before the transactions in the Mainset become irreversible.
In addition, pioneers who get their tokens back can find their account balance under “Unexpied Balance”. The explanation states that this cannot reduce the amount of PI that the pioneer is preserved in the next migration.
However, Pi Coin has not responded to this message, since the asset has dropped by 0.13 % in the last 24 hours and in the past seven days by 21.9 % and is traded at $ 1.15.
In the meantime, the asset could recover, since the Chief Legal Officer from Coinbase, Paul Grewal, lists speculations about possible stock marketing, as CNF reported. It is also expected that the interaction with the community is significantly influenced, since founder Nicolas Kokkalis indicates a Pi-Domain.
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