PI网络正在经历操作失衡，因为其几乎一半的全球节点位于越南

PI网络正在经历运营失衡，因为其几乎一半的全球节点位于越南，这引起了权力下放的关注。

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的全球节点中有将近一半位于越南，由于该项目旨在建立分布式基础设施，因此引起了权力下放化的关注。链分析的最新数字显示，在越南，有319个节点中有154个（或48.2％）。

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

这种区域失衡，加上对加密货币的越南法规的收紧，使PI网络的稳定性和长期功能处于危险之中。

Pi Network Struggles with Node Imbalance

PI网络与节点不平衡的斗争

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

随着越南继续主导其节点分布，PI网络面临结构性问题，可能破坏了其全球范围和参与的目标。

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.

在报告时，从越南运行的76个连接节点中有33个加强了这一趋势。其他国家的节点却少得多，从而减少了他们对网络活动和决策的影响。

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

这种不平衡削弱了PI网络对全球可访问性的主张，尽管它既定的目标是连接多样化的用户群。

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对单个国家的依赖将项目暴露于可能损害网络可靠性的区域法律中断。

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硬币在内的加密货币进行付款或交易限制。因此，法律框架的持续变化可能会影响本地运营并损害节点连接。

Regulatory Pressure Adds to Structural Risks

监管压力增加了结构性风险

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

越南监管机构对PI网络的审查增加了，因为人们对其运营和令牌使用的担忧不断增加。

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.

当地法律将PI硬币归类在法律支付框架之外，以罚款和法律处罚。当局还警告了金融法规中的潜在刑事意义。

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.

财政部正在准备更严格的规则，这些规则可能会将数字资产活动限制为许可实体。如果制定，此政策可能会影响该地区的PI网络矿工和运营商。

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

对基于越南的节点的任何中断都可以降低平台的运行弹性和网络一致性。

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，越南机构调查了PI网络，以评估其合规性和业务模型透明度。这些发现引起了人们对该项目在现行法律下的结构和可持续性的怀疑。

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

这些发展进一步强调了PI网络对法律敏感管辖区内的节点的依赖。

Pi Network Faces Token Control Concerns

PI网络面临令牌控制问题

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.

集中化问题超出了节点分布，因为令牌供应主要由核心团队控制。根据Piscan的说法，PI Foundation钱包持有1000亿PI供应中607亿以上。

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

这会产生不均匀的分布，限制社区所有权和经济公平。

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

核心团队只有两个验证器节点，治理仍然高度集中，并且不受外部参与的关闭。

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.

这种有限的验证器结构还引起了人们对网络中透明度和决策能力的担忧。促进权力下放的项目必须允许更广泛地获得验证权。

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.

社区内部的内部销售主张已经浮出水面，这可能会进一步侵蚀PI Network领导的信心。在未经证实的情况下，这种担忧强调了对透明令牌管理的需求。