Pi Network to Activate Open Network in February 2025

user avatar

by Giorgi Kostiuk

2 years 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.

Tier I

Sector: #18291

Sealed Cache Room

Resource Cache

Resource Cache

Tier I

Requires 25% Tier Progress to Claim
Meme Cache

Meme Cache

Tier I

Requires 50% Tier Progress to Claim
Equipment Cache

Equipment Cache

Tier I

Requires 75% Tier Progress to Claim

After collecting, caches will be stored in your inventory and can be opened with Keys.

Other news

Surge in AI-Generated Vulnerabilities Threatens Bitcoin Security

chest

The Bitcoin Red Team reports a surge in AI-assisted vulnerability findings across Bitcoin projects, highlighting the urgency of addressing security flaws.

user avatarTando Nkube

Core Lightning Developers Issue Urgent Warning on Vulnerabilities

chest

Core Lightning developers issue critical warning to node operators about vulnerabilities in AI-generated security reports, urging prompt updates or offline operation to secure payment channels.

user avatarKofi Adjeman

Experts Warn Against Short-Term Predictions for Bitcoin Prices

chest

Experts warn against over-reliance on single-day ETF flows for predicting Bitcoin prices, emphasizing long-term trends.

user avatarNguyen Van Long

Dormant Bitcoin Wallets Come to Life

chest

Six dormant Bitcoin wallets have moved a total of 55,359 BTC, worth approximately $40.15 million, between August 16 and August 26.

user avatarSatoshi Nakamura

SEC Proposes New Rules for Crypto Custody Regulations

chest

The SEC has proposed new rules to modernize crypto custody regulations for investment advisers and companies.

user avatarJesper Sørensen

US Law Blocks Federal Reserve from Issuing Digital Currency Until 2030

chest

US Congress passed a law blocking the Federal Reserve from issuing a digital currency until 2030.

user avatarRajesh Kumar

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.