On mid of July, certified KYCed Pioneers can freely transfer peer-to-peer money to KYCed Pioneers, but certified Pioneers cannot transfer money to non KYCed Pioneers , because non KYCed Pioneers have not yet created an account on the main network.
What is peer-to-peer transfe
r?
We often use mobile phones to pay, send emails, and chat on We Chat. Whatsapp, Telegram etc.. There are third-party organizations behind these applications, and these organizations are centralized servers.
For example: when we use a certain payment XX to conduct a transaction, the transaction of the amount between users is not directly carried out, but the buyer first transfers the money to the third-party platform, and the third-party payment platform transfers it to the seller.
Peer-to-peer is to remove the third-party payment platform, and the two parties only need to confirm the payment is complete.
Keep mining your PiCoin.
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