PI網絡正在經歷操作失衡，因為其幾乎一半的全球節點位於越南

PI網絡正在經歷運營失衡，因為其幾乎一半的全球節點位於越南，這引起了權力下放的關注。

Nearly half of Pi Network's global nodes are located in Vietnam, raising decentralization concerns as the project aims for a distributed infrastructure. Recent figures from Chainalysis show 154 out of 319 total nodes, or 48.2 per cent, are hosted in Vietnam.

PI Network的全球節點中有將近一半位於越南，由於該項目旨在建立分佈式基礎設施，因此引起了權力下放化的關注。鏈分析的最新數字顯示，在越南，有319個節點中有154個（或48.2％）。

This regional imbalance, combined with tightening Vietnamese regulations on cryptocurrencies, puts Pi Network's stability and long-term functionality at risk.

這種區域失衡，加上對加密貨幣的越南法規的收緊，使PI網絡的穩定性和長期功能處於危險之中。

Pi Network Struggles with Node Imbalance

PI網絡與節點不平衡的鬥爭

Pi Network faces a structural issue as Vietnam continues to dominate its node distribution, potentially undermining its goal of global reach and participation.

隨著越南繼續主導其節點分佈，PI網絡面臨結構性問題，可能破壞了其全球範圍和參與的目標。

At the time of reporting, 33 of the 76 connected nodes also operated from Vietnam, reinforcing this trend. Other countries have far fewer nodes, reducing their influence on network activities and decisions.

在報告時，從越南運行的76個連接節點中有33個加強了這一趨勢。其他國家的節點卻少得多，從而減少了他們對網絡活動和決策的影響。

This imbalance weakens Pi Network's claim to global accessibility despite its stated goal of connecting a diverse user base.

這種不平衡削弱了PI網絡對全球可訪問性的主張，儘管它既定的目標是連接多樣化的用戶群。

Moreover, Pi Network's reliance on a single country exposes the project to regional legal disruptions that could harm network reliability.

此外，PI Network對單個國家的依賴將項目暴露於可能損害網絡可靠性的區域法律中斷。

Vietnamese laws currently restrict using cryptocurrencies, including Pi Coin, for payments or transactions. Consequently, ongoing changes in legal frameworks could impact local operations and impair node connectivity.

越南法律目前使用包括PI硬幣在內的加密貨幣進行付款或交易限制。因此，法律框架的持續變化可能會影響本地運營並損害節點連接。

Regulatory Pressure Adds to Structural Risks

監管壓力增加了結構性風險

Vietnamese regulators have increased scrutiny on Pi Network due to rising concerns about its operations and token usage.

越南監管機構對PI網絡的審查增加了，因為人們對其運營和令牌使用的擔憂不斷增加。

Local laws classify Pi Coin outside the legal payment framework, making its use subject to fines and legal penalties. Authorities have also warned about potential criminal implications under financial regulations.

當地法律將PI硬幣歸類在法律支付框架之外，以罰款和法律處罰。當局還警告了金融法規中的潛在刑事意義。

The Ministry of Finance is preparing stricter rules that may restrict digital asset activities to licensed entities. If enacted, this policy could impact Pi Network miners and operators in the region.

財政部正在準備更嚴格的規則，這些規則可能會將數字資產活動限制為許可實體。如果制定，此政策可能會影響該地區的PI網絡礦工和運營商。

Any disruption to Vietnam-based nodes could reduce the platform's operational resilience and network consistency.

對基於越南的節點的任何中斷都可以降低平台的運行彈性和網絡一致性。

In 2023, Vietnamese agencies investigated Pi Network to assess its compliance and business model transparency. The findings raised doubts about the project's structure and sustainability under current laws.

2023年，越南機構調查了PI網絡，以評估其合規性和業務模型透明度。這些發現引起了人們對該項目在現行法律下的結構和可持續性的懷疑。

These developments further stress Pi Network's reliance on nodes within a legally sensitive jurisdiction.

這些發展進一步強調了PI網絡對法律敏感管轄區內的節點的依賴。

Pi Network Faces Token Control Concerns

PI網絡面臨令牌控制問題

Centralization issues extend beyond node distribution, as token supply remains mostly controlled by the core team. According to Piscan, Pi Foundation wallets hold over 60.7 billion of the 100 billion Pi supply.

集中化問題超出了節點分佈，因為令牌供應主要由核心團隊控制。根據Piscan的說法，PI Foundation錢包持有1000億PI供應中607億以上。

This creates an uneven distribution, limiting community ownership and economic fairness.

這會產生不均勻的分佈，限制社區所有權和經濟公平。

With only two validator nodes operated by the core team, governance remains highly centralized and closed to external participation.

核心團隊只有兩個驗證器節點，治理仍然高度集中，並且不受外部參與的關閉。

This limited validator structure also raises concerns about transparency and decision-making power within the network. A project promoting decentralization must allow broader access to validation rights.

這種有限的驗證器結構還引起了人們對網絡中透明度和決策能力的擔憂。促進權力下放的項目必須允許更廣泛地獲得驗證權。

Claims of insider selling have surfaced within the community, which could further erode confidence in Pi Network's leadership. While unconfirmed, such concerns underline the need for transparent token management.

社區內部的內部銷售主張已經浮出水面，這可能會進一步侵蝕PI Network領導的信心。在未經證實的情況下，這種擔憂強調了對透明令牌管理的需求。