Satoshi CORE (BTCs) Mining – KYC Verification

There has been enquiries regarding the final phase of KYC identity verification for the Satoshi Core (BTCs) Mining App before MainNet launch.

Core (BTCs satoshi) mining with over 52m app downloads, and about 12m facially verified users globally, had earlier stated that most of the miners who made mistake on their names or ID Number will be given a chance to effect change.

As at when they made that announcement, there were still a RealName Authentication section showing on the Core Mining App, and new users were prompted to include names and ID number before performing the Face Verification. But now, name and ID number inclusion has been removed – maybe due to some privacy concerns.

For clarity, the KYC is an identity verification process in crypto or any financial related services, targeted at ensuring and enforcing compliance of “one person, one account,” and kicking off bad actors – scam accounts, bots or multiple accounts, on the project, so that every asset is held by genuine customers.

So now, will there still be a second kyc for Satoshi Core Mining ahead of the much anticipated main network activation?

The answer is that, since the section for Real Name Authentication is no longer shown on the core mining app, new users are required to verify their face only, and the whitepaper latest update did not address it, then participants should focus on their mining.

Presently, we cannot speculate if there will be another KYC identity verification for Core Mining (satoshi BTCs) actually, to avoid misinformation. If your face KYC is failing, check your internet connection, do not wear glasses, and stay in a brighter environment before a retry.

Participants can follow the Core Twitter Community, join the Telegram Group Chat,  Announcement Channel to be getting updates, also checkout the app functions. Goodluck.