PI
The native asset associated with the Pi Network blockchain ecosystem.
Pi Network Glossary
Understand Pi Network, Mainnet, KYC, wallet, migration, lockup and market terms in plain language.
Mainnet
The live blockchain environment used for real network transactions.
Wallet
Software or an interface used to control blockchain addresses and authorize transactions.
Passphrase
A recovery secret that can grant access to a wallet and must be kept private.
KYC
Know Your Customer; an identity-verification process.
Node
Software participating in network infrastructure and protocol operations.
Market cap
A market metric commonly calculated from price multiplied by a relevant circulating supply figure.
Volume
Reported trading activity during a defined period.
ATH
All-time high; the highest reported historical market price in a dataset.
Phishing
An attempt to trick a user into revealing secrets or authorizing an unintended action.