Pi Network, which is attracting attention as an innovative project in blockchain technology, is making significant progress in the development of its mainnet. The version we are currently using is positioned as 0.5.0, representing an important step towards ensuring the platform’s stability, security, and scalability.
Please refer to this for node operation
How to Operate PiNode (Explaining IP Fixing, Node Settings, etc.)
Current Status and Outlook of Pi Network
Led by Nicholas Kokalis, Pi Network aims to build a comprehensive and sustainable ecosystem that goes beyond just a blockchain project. It has now grown into a massive community with over 65 million Pioneers worldwide and is establishing itself as a significant player in the global economy, extending beyond the cryptocurrency domain.
Details of Node Architecture
Validator Nodes
Pi Network’s validator nodes play a crucial role in verifying transactions and updating the blockchain ledger. Currently, three nodes, validator1, validator2, and validator3, are directly operated by the Pi Core Team, referencing the structure of the Stellar Development Foundation (SDF).
Supernodes
Supernodes function as full validator nodes and are responsible for the following important roles:
- Maintaining data integrity
- Ensuring network security
- Managing network synchronization
Practicality and Adoption Strategy
Pi Network emphasizes real-world adoption and is advancing implementation in the following areas:
- Peer-to-peer transaction systems
- Decentralized finance applications
- Digital commerce integration
Future Outlook
Pi Network is steadily preparing for the full operation of the mainnet. By adopting proven technologies like Stellar, it is building a foundation for global adoption while ensuring stability and reliability.
Particularly noteworthy is the focus on developing practical applications and building business partnerships. Through this, the project aims to realize a digital currency ecosystem with actual value, going beyond speculative trading.