Since the emergence of Pi Network and Ice Open Network (ION), both platforms have become prominent players in the world of mobile-accessible cryptocurrencies. Both protocols aim to democratize access to digital systems through mobile devices.
Origins of the Networks
Pi Network was initiated by a team of Stanford graduates in 2019 with the goal of making cryptocurrency accessible to many users. Recently, on February 20, 2025, the network transitioned from an enclosed mainnet to an open network. Meanwhile, Ice Open Network entered the market in 2023, aiming to create a decentralized economy with its Layer-1 technology, launching its mainnet on January 29, 2025. ION is more focused on blockchain infrastructure, while Pi Network focuses on mobile mining and community expansion.
Key Features
Ice Open Network is designed for scalability and speed, capable of handling 1.2 million transactions per second (TPS). Key features of ION include horizontal scaling, a dApp ecosystem, and an open-source model. Conversely, Pi Network uses the Stellar Consensus Protocol and allows users to mine the PI coin via mobile devices. Unlike ION, Pi Network's codebase is closed.
User Base and Recent Developments
Pi Network leads in user base with over 60 million users. Both protocols have consistently increased user count through events and strategic partnerships. Pi Network focuses on integrating PI into local businesses, while ION was recently listed on the KuCoin exchange. Both Pi Network and ION have launched their mainnets and are expanding their ecosystems.
Pi Network and Ice Open Network offer unique approaches to the blockchain world. Choosing between them depends on preferences regarding transparency, accessibility, and community growth potential. Both protocols are shaping the future of decentralized technologies.
