Pi Network is gearing up for a significant upgrade with the announcement of Protocol v23, set to launch in the last quarter of 2025. This development promises to enhance the network's performance and user experience, addressing key issues that have been a concern for its growing community. The source reports that this upgrade is highly anticipated among users and developers alike.
Introduction of Protocol v23
The upcoming Protocol v23 aims to improve transaction speed, security, and scalability, making it a crucial step forward for Pi Network. One of the standout features of this upgrade will be the introduction of Rust-based smart contracts, which are expected to streamline operations and increase efficiency within the network.
Integration of Stellar Core v2301
Additionally, the integration of Stellar Core v2301 is designed to eliminate transaction bottlenecks, thereby enhancing the overall reliability of the network. This upgrade is particularly significant for both retail and institutional users, as it seeks to create a more robust and dependable platform for cryptocurrency transactions.
On February 19, 2025, Pi Network successfully transitioned to a fully operational Open Network, allowing users to freely transfer PI tokens. This milestone contrasts with the upcoming Protocol v23 upgrade, which aims to enhance network performance. For more details, read more.
