• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

Pi Network to Activate Open Network in February 2025

user avatar

by Giorgi Kostiuk

a year ago


Pi Network has announced that its Open Network period of Mainnet will start on February 20, 2025, marking a significant milestone in the platform's six-year development.

Pi Network's Path to the Open Network

Pi Network's journey to the Open Network included several key stages: The launch of Mainnet, which was restricted from external networks in December 2021; Acceleration of KYC processing from July 1, 2024; and the upcoming Open Network launch, which will enable global transactions and new integrations.

Expected Changes from the Transition to Open Network

The transition to Open Network will bring key changes such as external blockchain connectivity, expansion of decentralized nodes, business integration and compliance, as well as the growth of the Pi ecosystem, including the ability to conduct Pi payments for goods and services.

How Pioneers and Developers Can Prepare

Pioneers should complete their KYC verification and Mainnet migration. They should continue mining and engaging with apps that support the ecosystem. Developers are encouraged to enhance existing Mainnet applications and explore new integrations possible with the Open Network activation.

The Open Network launch opens new opportunities for Pi Network, but it's uncertain whether the project can meet the scheduled deadlines. The community is now looking forward to expanded functionality and increased user engagement.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

XRP's Role in DeFi Sparks Controversy

chest

A heated debate has emerged regarding XRP's position in the decentralized finance sector, highlighting the importance of reliability in protocol design.

user avatarJacob Williams

XRP's DeFi Ecosystem Surges Towards 160 Million Tokens

chest

The FXRP supply is rapidly approaching 160 million tokens, showcasing the growing adoption of XRP within the decentralized finance landscape.

user avatarZainab Kamara

Arbitrum Security Council Takes Emergency Action to Freeze Funds Linked to KelpDAO Exploit

chest

The Arbitrum Security Council has taken emergency action to freeze 30,766 ETH linked to the KelpDAO exploit, following law enforcement input.

user avatarSon Min-ho

The Ultimate Hodl Story: A Journey to 1 Billion

chest

An investor turned a modest investment into a billion-dollar profit by holding onto Bitcoin through multiple bear markets.

user avatarAyman Ben Youssef

Strategy Finalizes Significant Bitcoin Purchase.

chest

Strategy has made a significant move in the cryptocurrency market by adding 34,164 BTC to its reserves, amounting to 254 billion.

user avatarNguyen Van Long

Crypto Analyst Predicts Major Shakeout in Altcoin Market

chest

Michael van de Poppe forecasts a significant decline in altcoins, likening it to the early internet bubble. He believes that 99% of altcoins are headed to zero, viewing this as a necessary cleanup rather than a collapse. Despite this stark prediction, he remains optimistic about the future of Bitcoin and Ethereum.

user avatarTando Nkube

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.