Pi Network Surpasses 55 Million Daily Active Mining Members and Prepares for Open Mainnet by End of 2024
By: Elena - In a milestone announcement on Pi2Day 2023, the Pi Core Team
revealed that Pi Network has achieved a remarkable milestone: over 55 million
daily active mining members. This achievement underscores the platform's rapid
growth since its inception.
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Additionally, Pi Network announced its readiness to launch
Open Mainnet by the end of 2024, contingent upon meeting three key conditions
outlined in their published Roadmap. These conditions include successful
testing phases, network stability, and ensuring robust security infrastructure.
If met, this move will transition Pi Network from a testing phase to a fully
operational mainnet, open to a global user base.
Growth of Dapps Ecosystem
Alongside its core network advancements, Pi Network has seen
significant development in its decentralized application (Dapps) ecosystem. As
of April, Pi Network reported hosting over 93 active Dapps. These applications
span various functionalities, such as WorkforcePool for labor management, PIBBS
Chat for encrypted communications, Pinets app for social networking, and more.
The proliferation of these Dapps showcases Pi Network's versatility across
different sectors and user needs.
Mission and Vision of Pi Network
Pi Network was founded with a mission to democratize access
to blockchain technology globally. Through its user-friendly mining model and
community-focused approach, the platform has garnered interest from millions
worldwide. Users not only participate in mining activities to earn Pi tokens
but also contribute to ecosystem development through various applications and
community initiatives.
Commitment to Decentralized Finance
In their latest statement, Pi Network reaffirmed their
commitment to building a decentralized financial future. With the transition
towards Open Mainnet, they aim to provide a secure and robust infrastructure
for direct, transparent transactions among users. This transition is expected
to enhance network security while expanding the utility of connected blockchain
applications and services.
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Anticipation for Pi2Day2024
All eyes are now on the upcoming Pi2Day2024 event, expected
not only as a celebration of achievements but also as a pivotal moment in Pi
Network's journey towards further development. With a growing community and
ongoing innovations, Pi Network is poised to lead in the new era of blockchain
technology and decentralized finance.
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π’Hey @solana!#PiNetwork has reached more than 55M daily active mining members announced on Pi2day 2023 by @PiCoreTeam.π
— π FireSide | Ο (@fireside_pi) June 27, 2024
And there's only one day left until Pi2Day2024 marks the next new milestone.
In addition, PiNetwork also announced that it is ready for Open Mainnet by the… pic.twitter.com/pj9dmlMpm1
Pi Network not only exemplifies success in realizing an
inclusive blockchain vision but also demonstrates how community participation
can reshape the financial industry landscape. With over 55 million daily active
members and plans for Open Mainnet, Pi Network continues to assert its
leadership in the global blockchain space. By monitoring their continued
advancements and innovations, we can anticipate Pi Network's increasingly
significant role in defining the future of decentralized finance.
"Today Marks a Beginning, Not an End"
In their own words, "Today marks a beginning, not an
end." Pi Network invites all blockchain enthusiasts and users to stay
connected, prepare to contribute, and be part of a growing community shaping a
more inclusive and decentralized financial future globally.
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