Pi Squared has announced the launch of Devnet 20, a significant upgrade to its FastSet protocol, which is poised to revolutionize transaction processing in the blockchain space. As stated in the official source, this upgrade aims to enhance efficiency and scalability for developers and users alike.
FastSet Protocol Capacity and Future Plans
The FastSet protocol currently boasts an impressive capacity of 150,000 transactions per second (TPS), with ambitious plans to scale this figure to 1 million TPS by 2026. This upgrade aims to provide instant and verifiable payments while keeping transaction fees to a minimum, thereby enhancing the overall user experience.
Devnet 20 Launch and Developer Engagement
Developers and innovators are encouraged to engage with the new features of Devnet 20, which will be accessible starting at 7 AM PT on November 5, 2023. This launch marks a pivotal moment for Pi Squared as it seeks to establish itself as a leader in high-speed transaction solutions.
In a notable contrast to Pi Squared's recent advancements in blockchain transaction processing, Pavel Durov has unveiled a new decentralized AI network called Cocoon, which prioritizes user privacy and decentralization. For more details, see Cocoon.
