Pi Network has announced a significant update to its account verification system, transitioning from phone number-based to email-based two-factor authentication to enhance security.
Challenges of Phone Number Verification
Pi Network initially relied on phone numbers as primary identifiers for accounts. However, SMS verification has faced reliability and cost issues, especially for a platform with over 60 million users globally. Differences in telecommunication regulations and carrier policies have led to inconsistent message delivery.
Why Email-Based 2FA?
The transition to email-based two-factor authentication addresses the logistical challenges of SMS systems and offers higher security. This is part of Pi Network's broader vision of adopting advanced authentication methods.
The Road to Implementation
Implementing the new system required a carefully planned approach. Extensive analytics and system checks were conducted to ensure reliability. Pi Network temporarily paused account migrations to focus on security and accuracy. The platform has resumed migrations with enhanced security measures, gradually expanding the process as two-factor setups are completed.
Pi Network's shift to email-based 2FA marks a significant step toward creating a more secure and accessible cryptocurrency ecosystem. The update signals a new phase in the network's development, focusing on security and reliability for all users.