• 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

Bitcoin's 666,666th Block Sparks Curiosity with Biblical Message

chest

The Bitcoin community is buzzing over the 666,666th block mined on January 18, 2021, by BTCcom, which contains a biblical message referencing Romans 12:21.

user avatarEmily Carter

Higher Salaries Needed for Home Loans Amid Rising Prices

chest

Higher salaries are needed for home loans as rising prices make it difficult for many Americans to qualify.

user avatarTomas Novak

Federal Appeals Court Rules in Favor of Kalshi

chest

A federal appeals court in Philadelphia ruled that New Jersey cannot regulate Kalshi's prediction market under state gambling laws.

user avatarKaterina Papadopoulou

Shah Highlights Silver Narrative for Litecoin

chest

Crypto analyst Shah emphasizes the silver narrative for Litecoin, focusing on the LTC/BTC ratio and potential price movements.

user avatarMaya Lundqvist

South Korea Mandates Real-Time Asset-Matching Systems for Crypto Exchanges

chest

The Financial Services Commission of South Korea mandates all domestic crypto exchanges to implement a new asset-matching system by the end of May 2023, shifting from 24-hour cycles to a 5-minute regime to enhance compliance and reliability.

user avatarLeo van der Veen

Growing Interest in Altcoins as Market Sentiment Shifts

chest

Growing interest in altcoins as market sentiment shifts, with Grayscale suggesting several altcoins may have entered a buy zone.

user avatarLi Weicheng

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.