Introduction

As the world’s first cryptocurrency that can be mined via mobile phones, Pi Coin has consistently attracted widespread attention from the crypto community. On February 20, 2025, Pi Network officially launched the Open Mainnet, marking Pi Coin’s entry into a truly decentralized stage. As more users migrate Pi Coin from the test environment to the Mainnet, Pi Network has recently introduced a new security measure—Two-Factor Authentication (2FA).

This update is mainly to ensure the security of user accounts, prevent hacker attacks or account theft, and thus enhance the security of the Pi Wallet. Next, we will detail this new feature and its impact on the Pi Coin ecosystem.

What is Pi Coin?

Pi Coin is the native cryptocurrency launched by the Pi Network, supporting users to mine at low cost through smartphones. Since its release in 2019, Pi Coin has attracted over 60 million active users and officially launched the Open Mainnet on February 20, 2025. Currently, Pi Network is advancing ecosystem development with the aim of making Pi Coin part of a decentralized payment network. As Pi Coin gradually enters the market trading phase, network security has become the top priority for the Pi Network team. Therefore, 2FA two-factor authentication has become a crucial step in the Mainnet migration process.

Image:https://x.com/PiCoreTeam

Pi Network latest announcement: 2FA authentication online

On March 13, 2025, Pi Network announced the launch of Two-Factor Authentication (2FA), requiring some users to complete 2FA verification before successfully migrating Pi Coin to Mainnet.

The main purpose of this new feature is:

1. Enhance the security of Pi Wallet to prevent hacker attacks and account theft;
2. Ensure the smooth migration of Pi Coin to avoid unauthorized account operations;
3. Optimize the Pi account recovery mechanism to ensure safer account recovery.

Pi Network states that only users who have completed KYC verification can use the 2FA function and must use a trusted email address for account confirmation.

In addition, Pi Network also emphasizes that all emails related to 2FA will only be sent fromnoreply@pi.email“When sending, users should be alert to any other emails to prevent phishing attacks.

How to complete 2FA verification for Pi Wallet?

If you plan to migrate Pi Coin to Mainnet and have received a 2FA verification notification, you need to follow these steps to complete the authentication:

Check Mainnet migration checklist:

• Open the Pi Network app and click on “Mainnet Checklist”.
• Make sure all other migration steps are completed.

Add trusted email:

• Enter Pi Wallet, add your frequently used and secure email address.
• Verify the ownership of your email through Pi app for Liveness Check.

Complete 2FA identity verification:

• After receiving the 2FA email, follow the instructions and click the link to complete the verification.
• Make sure your email can receive emails normally and check the spam folder to avoid missing emails.

Confirm Wallet Migration:

• Once your 2FA verification is successful, the migration process of your Pi Coin will restart.
• If your Pi Coin is returned due to incomplete 2FA, it will be re-migrated to Mainnet after you complete the verification.

Note: If the user does not complete 2FA within 14 days, their Pi Coin will be returned to the Pi Network application and will need to be migrated again. (For more details, please refer to the official Pi announcement:https://minepi.com/blog/two-factor-authentication/）

Pi Wallet 2FA Impact on Users

Enhance account security: 2FA can effectively reduce the risk of account theft and ensure the security of user assets

Enhancing the credibility of the Pi Network: This security measure will enhance the reputation of the Pi Network in the cryptocurrency market, attracting more institutional investors and developers

Short-term impact on Pi Coin circulation: Some users may temporarily be unable to transfer Pi Coin due to incomplete 2FA, but as users complete the verification, the circulation of Pi Coin will return to normal.

Pi Coin future development prospects and market performance

Pi Network is transitioning from a closed test network to a truly open blockchain network. This 2FA security update indicates that Pi Network is committed to enhancing network security and preparing for future market applications.

By 2025, Pi Coin is expected to:

• Listed on more mainstream exchanges to increase market liquidity
• Expand more business application scenarios, support payments, smart contracts, and DeFi applications
• Attract more developers to promote the development of the Pi Network ecosystem

Currently, the next focus of Pi Network may include:

• Improve smart contract functionality and introduce more decentralized applications (DApps)
• Drive Pi Coin to become a real-world payment method and expand merchant acceptance
• Continuously optimize user experience, improve network performance and security

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Conclusion

The latest news from Pi Network - the launch of Two-Factor Authentication (2FA) marks a more secure and standardized phase for Pi Coin. With the launch of the Pi Network Open Mainnet on February 20, 2025, Pi Coin is gradually moving towards the mainstream market, and this 2FA security update will further protect user assets and ensure the security of the Mainnet migration. In the future, the ecosystem of Pi Coin will continue to expand, providing more comprehensive payment and transaction solutions for global users. If users are participants of Pi Network, it is recommended to complete 2FA authentication as soon as possible to ensure a smooth migration of Pi Coin to the Mainnet and participate in future transactions and applications.

Stay up to date on the latest developments of Pi Coin, keeping pace with the trends in the cryptocurrency market.