Pi Network has completed an important Testnet 1 upgrade to protocol version 23, marking a significant step towards mainnet readiness. This upgrade has attracted community and institutional investor attention.
Upgrade to Protocol Version 23
Pi Network has finalized its Testnet 1 upgrade to protocol version 23, confirmed through official channels. This upgrade is seen as pivotal for the upcoming mainnet transition.
Leadership and Development
The project is led by Dr. Nicolas Kokkalis and Dr. Chengdiao Fan, co-founders with strong academic backgrounds in blockchain. Community members note the progress in development and account mapping.
Market Impact and Prospects
There is growing interest in the Pi (PI) token, supported by community responses. Participants express optimism regarding the forthcoming mainnet launch. Improved token utility is expected post-transition. Note: one community member emphasized the importance of account mapping for a smooth transition to mainnet.
The Pi Network's transition to main blockchain solutions is anticipated with optimism, and a successful launch could strengthen the ecosystem and enhance community confidence.
