Hi Pioneers! Today, I want to answer some questions about Pi Wallet.
Is the wallet in custody or a non-security wallet?
Pi Wallet is an inconsistent wallet, which means you only have access to your wallet passphrase.
When will there be real pi in the pi wallet?
It will fall into it when the pyre is alive. Our goal is to launch Minute by the end of this year.
Can I retrieve or reset my passphrase if I haven't saved or lost it?
No. This is usually not possible for non-protective wallets, as you do not have a passphrase. So, keep your passphrase safe and don't share it with others. The core team is also working on a new possible way to use your security circles To help recover the account while maintaining the wallet as unsecured.
I forgot my passphrase for the wallet I created recently. Is it possible to make another wallet?
Yes. Make another wallet for now and make sure you keep your passphrase safe next time. Wallets are currently only connected to the test intention, which contains only the test pi, That way there will be no real loss for you. But after a minute, getting lost in your wallet with a real P can't be cured. By creating a second wallet just like now and as a result, you will lose access to all the pi forever in this wallet.
I accidentally shared my password with others, what shall I do?
You should create a new wallet with a new passphrase and stop compromising One Since we are still in the testing phase, it is advisable to develop a new wallet. In the minute phase, you should immediately make a new wallet and move all your belongings. Before anyone else does, get to this new wallet.
Will Pi Violet have any detention options in the future?
We can develop an optional detention wallet in the future only if there are enough pioneers who show interest in this feature. So please let us know if this is what you want to see happen.
Can I use other wallets?
Yes. Pi testnet and Magnet is and will be a public blockchain, so any wallet is compatible. The pi blockchain can work. Pi is fully accessible not only in your wallet but also in any other compatible wallet. However, the official P Violet is where you will find your Mint Pi when you launch. You can transfer it to another wallet if you wish.
Is P Vault following standards or have we made our own?
It adheres to standards. It is based on BIP39 and BIP44 standards. In general, there is a rule in sketching that you should not be "your own". Crypto and only widely accepted peer-reviewed algorithms and standards should be used. And that's what we do.
Why are there transaction fees?
Transaction Fees (i) Avoid spamming the blockchain with useless transactions, and (ii) Allow transaction ordering during network congestion.
What is the transaction fee?
The current transaction fee on Tesnet is 0.01 Test-1. When you set a higher fee for your transaction, you still pay only 0.01, unless crowded, In which case the transaction is carried out with a higher fee before the transaction with a lower fee.
Where does the transaction fee go and what is it used for?
All the fees are currently burning easily by accumulating in an impassable pond Burnt Pi However, in the future, the fees could be used for things like mining rewards instead of exposing the new currency, Or other purposes for the benefit of the community.
Will the passphrase remains the same after the issuance of the minutes?
For your convenience, we want to keep the purse pass presses the same so that people do not need to be made twice. So we ask you to get the minutes ready and make your wallet now. However, there is an opportunity, for reasons of technical improvement, we may ask you to reset your Passphrase before the minute
Will my wallet address be the same on Mint and Tesnet?
No decision has been made yet. Technically any path is possible, but we need to consider its professional ideas. Well, for now. Let us know if you have any further questions.
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