PI Network is again under observation-super nodes threaten decentralization
- The opaque supernode selection of the PI network awakens concerns about real decentralization.
- Critics question the fairness of Pi Network because pioneers fight to earn node rewards.
The concerns about centralization are growing within the PI Network community, as questions about the supernode management of the platform arise. While supernotion play a crucial role in the transaction validation and the stability of the blockchain, the opaque selection process has given doubt about the fairness of the network.
Despite the efforts to expand the superode pool, critics argue that these steps are more symbolic than real decentralization. Against the background of falling PI-Network prices and criticism of industry experts, the controversy.
A lack of transparency in the supernode selection
The Supernode selection process of the PI network was the subject of detailed examinations. During the network’s test phase, there were only three supernotion, all of which were controlled by the PI Core Team (PCT) and were in Canada and Finland. This limited geographical distribution and centralized control resulted in comparisons with Bitcoin and Ethereum, which are based on decentralization on thousands of independent nodes worldwide.
The latest data from Piscan.io points out that the number of active nodes of the PI network has risen to 42 and there are now three main validists. However, the identity of these validators is not announced, which raises the question of whether this growth reflects a real decentralization or is just an attempt to appease critics.
PCT has already announced that the superode rolls should be extended to the Pioneer community, but the criteria for the selection remain unknown. The lack of a public list of approved supernotion and a clear approval process for Pioneer has fed speculations about insider influences when choosing the nodes.
On Reddit, a user who questioned the role of supernotion was vaguely answers from representatives of the PI network. The team confirmed the technical purpose of the nodes, but could not explain how users can participate.
Frustration has spread among the pioneers that operate the standard nodes. As CNF reported, many receive no premiums despite months of activity. This has caused some to ask themselves whether everyday pioneers have a realistic path to the supernode or whether the process prefers well -equipped participants with special knowledge and resources.
Headwind from the community and criticism of experts
The controversy about supernotion has triggered a broader criticism of the structure of PI Network. As CNF reported, Justin Bons, founder and CIO of Cyber Capital, Pi Network described as fraud due to the centralized model, the questionable tokenomics and the mining structure, which is supposedly similar to a snowball system.
Bons criticized the dependence on PI Network on Stellar technology and argued that this limits the ability of the platform to develop a robust decentralized financial system. Although Pi Network has taken steps to clear up the concerns about manipulation by supporting the development of Pidaoswap, there are doubts.
Efforts to strengthen the system, such as the introduction of .pi domains, did not slow down the falling value of the PI token, the course of which was recently below $ 1. In order to restore trust and strengthen decentralization, the community members are pushing for more transparency.
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