As our latest exploration into white papers shows, some documents carry a depth and significance that can shape the direction of entire industries. The recently published Pi Network white paper is one such example, being both timely, informative, and filled with major updates about the upcoming Mainnet launch. For anyone tracking the future of decentralized finance, Read about Understanding White Paper and it’s Importance, It stands as both a roadmap and a milestone.
Pi Node Released:
The Pi Core Team has introduced Pi Node v0.5.0, as revealed in the white paper. This update transitions nodes to Testnet 2, enhances testing capabilities, and prepares node operators for the coming Mainnet launch.
Accelerated Mainnet Migrations: The network has surpassed its goal, with over 10 million Users migrated to the Mainnet. The system now handles up to 200,000 migrations per day, reducing the time for users to complete the process.
KYC Progress: Over 19 million users have completed the Know Your Customer (KYC) process, a crucial step for participating in the Open Network .
Timeline to Open Mainnet: What to Expect Amidst Launch
Real World Utility: The white paper carries information about the Open Mainnet which will enable users engage in transaction using Pi. Not excluding access to decentralized applications (dApps), and access to participate in a peer to peer marketplace.
Exchange Listings: Pi is expected to be listed on major cryptocurrency exchanges, allowing for broader trading opportunities.
Ecosystem Expansion: Developers will have the opportunity to build and deploy dApps on the Pi blockchain, enhancing the network’s functionality and user experience. Got any word for us? don’t fail to hit the comment section..