PI網絡面臨越來越多的關注，因為其活躍節點的幾乎一半位於越南。

該數據引起了人們對PI網絡的權力下放化的擔憂。由於如此多的PI網絡節點集中在一個國家，如果當地政策發生變化，該網絡可能會面臨中斷。

Nearly half of the active Pi Network (PI) nodes are located in Vietnam, according to Piscan data.

根據Piscan數據，近一半的活動性PI網絡（PI）節點位於越南。

Out of the 319 nodes, 154—or 48.2%—are operating in the country, and 33 of the 76 connected nodes at press time are also based in Vietnam. This makes Vietnam the most dominant location for the network's infrastructure.

在319個節點中，有154個（或48.2％）在該國運行，發稿時有76個連接的節點中有33個也位於越南。這使越南成為網絡基礎架構的最主要位置。

The data raises concerns about the Pi Network's decentralization. With so many nodes concentrated in one country, the network could face disruptions if local policies shift.

數據引起了人們對PI網絡的權力下放化的擔憂。隨著這麼多的節點集中在一個國家，如果當地政策發生變化，該網絡可能會面臨中斷。

Only Two Validator Nodes—Both Controlled by Pi Core Team

只有兩個驗證器節點 - 由PI Core團隊控制

Pi Network currently has just two validator nodes, which Piscan confirms both belong to the project's core team.

PI網絡目前只有兩個驗證器節點，Piscan確認這兩者都屬於該項目的核心團隊。

Validator nodes are essential for maintaining blockchain integrity, and when both are controlled by the same group, the system lacks distribution.

驗證器節點對於維持區塊鏈完整性至關重要，當兩者都由同一組控制時，系統缺乏分佈。

This setup increases concerns over central governance and limits participation from the wider Pi community.

這種設置增加了對中央治理的擔憂，並限制了更廣泛的PI社區的參與。

Vietnam's current laws do not recognize virtual assets like Pi Coin as legal non-cash payment tools, putting those who use Pi Coin for such purposes at legal risk.

越南當前的法律不認為Pi Coin（例如Pi Coin）是合法的非現金支付工具，將使用Pi硬幣用於此目的的人處於法律風險。

According to Decree 88/2019/ND-CP and its 2021 update, Article 206, using crypto like Pi Coin for payments can bring fines between 50,000,000 to 100,000,000 VND. Criminal charges are also possible.

根據88/2019/ND-CP的法令及其2021年更新，第206條使用Crypto像Pi Coin進行付款可以帶來50,000,000至100,000,000 VND的罰款。刑事指控也是可能的。

Vietnamese officials issued this warning in a March 2025 government post. The same year, the authorities opened an investigation into Pi Network's business model.

越南官員在2025年3月的政府郵報上發出了此警告。同年，當局對PI Network的業務模式進行了調查。

Ministry of Finance Pushes for Stricter Crypto Oversight

財政部推動更嚴格的加密監督

Vietnam's Ministry of Finance proposed new rules in 2023 to limit cryptocurrency activities and require licensed institutions to handle crypto custody.

越南財政部在2023年提出了新規定，以限制加密貨幣活動，並要求獲得許可的機構來處理加密貨幣。

The law is still under consideration, and if passed, it could affect Vietnam Pi miners and reduce the number of Pi Network nodes running locally.

該法律仍在考慮中，如果通過，它可能會影響越南PI礦工並減少當地運行的PI網絡節點的數量。

These possible restrictions may affect how Pi Network nodes operate in the country, adding uncertainty to the platform's stability.

這些可能的限制可能會影響PI網絡節點在該國的運作方式，從而增加了平台的穩定性。

Piscan data also shows that the Pi Foundation controls over 60.7 billion of the 100 billion total Pi Coin supply, amounting to over 60% of all Pi Coin in circulation.

PISCAN的數據還表明，PI基金會控制了1000億枚PI硬幣供應中607億以上，佔流通中所有PI硬幣的60％以上。

This concentration raises questions about decentralization and distribution, which many blockchain ecosystems aim to spread across users.

這種集中度提出了有關權力下放和分配的問題，許多區塊鏈生態系統旨在遍及用戶。

"So long as the team holds some coins, it will never be decentralized," a Reddit user commented.

Reddit用戶評論說：“只要團隊擁有一些硬幣，它將永遠不會分散。”

Several reports have covered allegations of insider selling by the Pi Network team, and one post on the r/PiChain subreddit brought attention to the issue.

幾份報告涵蓋了PI網絡團隊內幕銷售的指控，R/Pichain Subreddit上的一篇文章引起了人們對該問題的關注。

BeInCrypto reported that a Pi user on the WEALTHY NODEZ Discord server accused the core team of selling their Pi Coins at a higher price than other users and earning a profit.

Beincrypto報導說，富裕的Nodez Discord Server上的PI用戶指責核心團隊以比其他用戶更高的價格出售其PI硬幣並賺取利潤。

The report didn't confirm the allegation but added more scrutiny to the team's actions.

該報告尚未確認指控，但對團隊的行動進行了更多審查。

The issue brings attention to how the Pi Coin supply is handled. Combined with validator control and node concentration, the allegation adds to the pressure on the network for transparency.

這個問題引起了人們對PI硬幣供應的處理方式的關注。與驗證器控制和節點濃度相結合，指控增加了網絡上透明度的壓力。

As more Pi Network users rely on nodes in Vietnam and as local laws grow stricter, operational risks are increasing.

隨著越來越多的PI網絡使用者依賴越南的節點，並且隨著當地法律的越來越嚴格，運營風險也在增加。