Pi Network’s Important Milestone: The Last Pi2Day Before Open Network
June 28, 2024, marked Pi2Day, an important milestone for Pi Network. This is the last Pi2Day before the launch of the Open Network. The official blog was updated, so I translated it into English.
Source Article
https://minepi.com/blog/pi2day-progress-challenge/
Progress Towards Open Network
Based on the Open Network conditions announced in December 2023, Pi Network is making steady progress. Significant advancements have been made through the efforts of the Core Team, community developers, and all Pioneers.
Pioneer Community Growth
We have reached a wonderful milestone of over 60 million active Pioneers participating in the network.
Key Conditions for Open Network
- KYC (Identity Verification) Verified Pioneers: Target: 15 million, Currently over 12 million achieved.
- Migration to Mainnet: Target: 10 million, Currently approximately 5.79 million migrated.
- Pi Applications: Target: 100 apps, Currently over 70 apps meet the criteria.
Technical and Product Advancements
Improvements to the KYC (Identity Verification) Process
The Core Team has developed various features to facilitate the KYC process:
- Introduction of a new appeal feature
- Improved accuracy of liveness checks
- Addition of a resubmission feature
- Improvements to UI and UX
Accelerating Mainnet Migration
The speed of migration to Mainnet has significantly increased, allowing for migration at up to twice the previous speed. Further improvements are planned.
New Feature: On-Chain Lockup
Pioneers who have migrated to Mainnet can now voluntarily create lockups on the blockchain. This is expected to increase mining rewards.
Community Initiatives
Pi Network is focused on building a strong community. This is crucial for the platform’s resilience and long-term success. By deepening connections among Pioneers and promoting collaboration and innovation, we accelerate the network’s value and growth.
Open Network Challenge
To commemorate this Pi2Day, a community event will be held to promote progress towards the Open Network. Pioneers can contribute to the network’s development by participating in this challenge.
Details Here
https://pinetwork.masters-all.com/pi2day-challenge2024/