BREAKING NEWS: Pi Core Team Talks About Opening Mainnet, Why a Specific Date Was Chosen - hokanews
hokanews.com - Pi Network is a growing cryptocurrency project that aims to provide accessibility and inclusion to everyone in the world. The project was founded by three Stanford graduates: Dr. Nicolas Kokkalis, Dr. Chengdiao Fan, and Vincent McPhillip. They wanted to create a cryptocurrency that could be mined using mobile devices without straining battery power or using excessive computing resources.
The Pi Network community consists of millions of members worldwide. They include enthusiastic miners, developers and users. This community is committed to building and promoting adoption of the Pi Network, and participating in the testing and development of new features.
The Pi Network has a unique approach to cryptocurrency development. They started with a beta testing phase that allowed users to get the Pi by running apps on their phones and contributing to network security. This approach aims to gather the necessary data and feedback to refine and refine the protocol prior to the mainnet launch.
The project also emphasizes security, privacy and decentralization. They use innovative encryption technologies and consensus mechanisms to protect user data security and prevent network attacks.
The Pi Network community believes that this project has great potential to change the way people participate in the cryptocurrency ecosystem. By providing accessibility and opportunity to everyone, Pi Network hopes to create a more inclusive network and empower individuals around the world.
One of the main goals of the Pi Network is to provide accessibility to everyone in the world, including those without deep technical knowledge or resources. The Pi Network is designed to be mined using ordinary mobile devices, without straining battery power or using excessive computational resources. In doing so, the project strives to enable easy and inclusive participation for everyone with a smartphone.
Pi Network is committed to using resources efficiently in its operations. The consensus mechanism used in this network is designed to minimize power consumption and ensure that Pi mining does not consume excessive resources. This is important to ensure network sustainability and to minimize environmental impact.
Pi Network places a high focus on user security and privacy. They use encryption technology and secure protocols to protect users' personal data and transactions. In addition, the Pi Network also engages the community in testing and development, with the aim of identifying and fixing potential vulnerabilities and maintaining network integrity.
Pi Network strives to be a fully decentralized cryptocurrency network. In its initial development phase, the Pi Network uses a reputation-based consensus model that combines trust and a voting committee. However, their long-term vision is to move to a fully decentralized consensus mechanism and ensure that important decisions within the network are taken fairly and transparently.
The Pi Network community has designated March 14 and June 28 as potential dates for the launch of the mainnet, known informally as "PiDay" and "Pi2Day". This date selection is based on an updated whitepaper released by the Pi core team in December 2021.
In the update, the Pi Network core team stated that the launch of the mainnet is dependent on the economic maturity of the Pi Network and the progress of Know Your Customer (KYC) requirements. They indicated that the Pi mainnet could start on one of these dates or later.
March 14th and June 28th were chosen by the Pi Network community because they are dates that have special meaning. PiDay falls on March 14 (3/14), which refers to the mathematical constant Pi (3,14). Pi2Day falls on June 28 (6/28), which is a more precise estimate for the value of Pi.
Although these dates have passed without major developments, the Pi Network community remains optimistic and excited about the possibility of a mainnet launch in the near future. They believe these dates remain relevant as potential dates for the launch of the Pi Network mainnet, although there may be some flexibility regarding the date ultimately chosen by the Pi core team.
In December 2021, the Pi Network core team released an updated whitepaper containing important information about the project's progress and the roadmap going forward. In the update, the Pi Network core team explicitly mentions that the Pi mainnet launch can occur on one of two specified dates, i.e. March 14th or June 28th, or later.
This date is based on several key factors that need to be considered to ensure the economic maturity of the Pi Network and progress of Know Your Customer (KYC) requirements. The Pi Network core team understands that launching the mainnet is an important step that requires careful preparation to ensure network success and stability.
In the whitepaper, the Pi Network core team did not provide specific reasons for choosing this date, but provided a timeframe that allows flexibility to launch the mainnet as developments occur in the Pi Network.
As the latest developments and advances in the development and growth of the Pi Network community continue, the potential date for the launch of the mainnet remains an important and exciting topic for the community. Although these dates have passed without major developments, the Pi Network community remains excited and optimistic that the Pi mainnet will be launched soon.
Regarding the Pi Core Team Talking About Opening the Mainnet, Why a Specific Date Was Chosen This was conveyed by the Twitter account @cryptoleakvn until this article was written by the hokanews team, posts uploaded by the Twitter account @cryptoleakvn are as follows:
🔥Pi Core Team Talks About Opening Mainnet? 🔥
In recent days, "Open mainnet" has been the most mentioned keyword among Pi Network pioneers worldwide, especially on March 14th or June 28th, which the community has determined as the potential dates for the Pi mainnet launch. So why these specific dates and not others?
The reason behind this community belief stems from the whitepaper update in December 2021, where the Pi core team stated that depending on the maturity of the Pi Network economy and the progress of Know Your Customer (KYC) requirements, the #Piopenmainnet could begin on #PiDay (March 14th, 2022), #Pi2Day (June 28th, 2022), or later. The open mainnet phase signifies the removal of the firewall within the Pi Network, allowing external connections and enabling pioneers to connect with other blockchains.
Although both March 14th, 2022, and June 28th, 2022, have passed without any major developments, the Pi Network has experienced significant advancements recently. The community believes that the open mainnet will arrive soon, potentially on Pi Day or Pi 2 Day of the next time.
#pi #Pi #PiNetwork #Pioneers #Picoins #Picommunity #Pi2Day #PiArt #Pifestival #PiHackathon #Pimining #PiCoreTeam
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| Twitter image source |
While March 14, 2022 and June 28, 2022 have passed without major developments regarding the launch of the Pi Network mainnet, it is important to note that the Pi Network has made significant progress recently. Although these dates are set as potential dates, project development often involves challenges and the need to address a variety of technical, security and compliance factors.
The Pi Network community is continuously working hard to develop this project by conducting tests, improving the infrastructure, and enhancing existing features. The Pi Network has gone through a beta testing phase, which has involved community members participating in running the phone app and providing valuable feedback.
During this period, the Pi Network core team has also made changes and adjustments based on test results and feedback from the community. It is a critical part of the development process that aims to ensure network stability, security, and maturity prior to mainnet launch.
In addition, the Pi Network continues to expand its community with millions of enthusiastic members around the world. This community is actively involved in promoting projects, sharing knowledge, and participating in activities related to the Pi Network. This shows strong support and enthusiasm for the vision and potential of this project.
Although the previous potential date has passed, the significant progress already made by the Pi Network and its community gives confidence that a mainnet launch could be imminent in the near future. The project is constantly undergoing developments and improvements that could bring the Pi Network closer to the fully open mainnet stage.
When the open mainnet is launched, the Pi Network will allow a wider range of external connections. This means that the network will be able to interact with other blockchains outside of the Pi Network. This opens up opportunities for collaboration, asset exchange, and integration with other existing networks and services in the wider blockchain ecosystem. Thus, an open mainnet allows the Pi Network to become part of the larger blockchain ecosystem.
Through the launch of the open mainnet, the Pi Network will be able to interact with other blockchains. This creates the opportunity to transfer assets between the Pi Network and other blockchains, as well as take advantage of existing functionality and services on other blockchains. These interactions can expand the usability and utility of the Pi Network, and enable a wider exchange of value and use of assets.
When the open mainnet is launched, any existing firewalls within the Pi Network will be removed. This firewall was originally designed to limit external access and protect the network from security threats. However, with the launch of the open mainnet, external access will be allowed, and the network will become more open and connected to the outside world. This removal of the firewall allows the Pi Network to operate in a more decentralized and open environment.
Don't give up, believe me the future of the pi network is very bright, success won't be built in one night, warm greetings from us, the hokanews team, to all the pioneers around the world.
What is Pi Network?
Pi Network is a new cryptocurrency and developer platform that allows mobile users to mine Pi coins without draining device battery. The Pi blockchain secures economic transactions through a mobile meritocracy system and a complete Web3 experience where community developers can build decentralized applications (dApps) for millions of users.
That's a little information that we can share with all the pi network communities. Hopefully this is useful, keep the spirit, don't give up.If the information from hokanews is useful, don't forget to share it with other pioneers.
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