Security Update in Pi Network: New Passkey Feature and Lockup Benefits

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by Giorgi Kostiuk

a year ago

Pi Network continues to evolve by offering its users improved security features and opportunities to increase their earnings.

Addition of Passkey Feature

The Pi Network team announced the introduction of the Passkey feature in the Pi wallet, allowing users an alternative way to log in without needing to enter a password. Passkeys enable the use of biometrics or PINs for authentication, protecting accounts from various types of hacks such as phishing.

Lockup Reminder

The team reminded users of the option to lock up their Pi tokens to enhance mining rates. Lockups can be completed through the Pi Wallet app, and enhanced rewards will take effect in the next mining session.

Comparison of Pre-migration and Post-migration Lockup

There is a distinction between pre-migration and post-migration lockups. Pre-migration lockups affect future balances, while post-migration applies to already migrated tokens. A new option allows increasing rewards by 200%, using extra tokens earned beyond mining.

The introduction of Passkey and the token lockup option are significant steps towards enhancing security and encouraging long-term user engagement within the Pi Network ecosystem.

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