First Check! What Kind of Project is Pi Network?
Many of you have probably heard the name “Pi Network” but don’t know the details. In this section, we’ll gently review the basic points: what purpose Pi Network started with, and how it differs from other cryptocurrencies. Let’s grasp the unique features of Pi Network without getting into complicated things.
Pi Network’s Dream: Bringing “Cryptocurrency for Everyone” to the World
Pi Network is a project launched in 2019 by a team with PhDs from Stanford University. Its big goal is to create a cryptocurrency (digital currency) that is easily accessible and usable by everyone around the world. Early cryptocurrencies like Bitcoin were limited to a few people due to soaring prices and the need for specialized knowledge and expensive equipment for mining (the process of issuing new coins). Pi Network aims to lower these barriers and realize a world where more people can benefit from cryptocurrency.
A Currency Grown Steadily with Your Smartphone and the Community
One of the biggest features of Pi Network is that you can easily participate in mining using a smartphone app. No special equipment or expertise is required; the system allows you to earn “Pi” coins (currently in the testing phase) by tapping the app about once a day. This allows people who previously had no connection to cryptocurrency to easily join the community and support the project’s growth.
You might wonder, “Can I really get coins that easily?” Pi Network values user contribution and the building of a trust network, aiming to create value through the power of the community, not just distributing coins.
[Important] Pi Network Now: The Mainnet is Still in the “Preparation Period”
Here’s an important point. Pi Network is currently in the “Enclosed Mainnet” phase. This means that while the Pi blockchain itself is operational, it is not yet connected to external blockchains or exchanges and functions only within the Pi Network ecosystem. Think of it like a pre-opening period before the official launch.
The project’s ultimate goal is to transition to the “Open Mainnet”. When this is achieved, there is a possibility that Pi could be traded on exchanges like other cryptocurrencies and used in more services. However, the timing of this Open Mainnet transition is said to be decided after various conditions are met, such as the progress of KYC (identity verification) and the maturity of the ecosystem, and as of May 2025, a specific date has not yet been officially announced.
What is “Full Decentralization”? What Good Things Happen When It’s Achieved?
The term “full decentralization” might sound complicated. But don’t worry! Here, we’ll explain the potential specific benefits and changes that can be expected for Pi Network and us users when this “decentralization” is achieved, using familiar imagery.
What Does “Managed by Everyone” Mean? The Image of Decentralization
First, it might be easy to understand if you think of “decentralization” as the opposite of “centralization.” For example, traditional financial institutions like banks manage money and approve transactions through a central organization. This is a “centralized” model.
On the other hand, in a “decentralized” system, power is not concentrated in a specific manager or organization; instead, many computers (nodes) and people participating in the network cooperate to manage and verify information. Blockchain technology is a representative technology for achieving this decentralization. Pi Network is also based on this blockchain technology.
If you’re thinking, “I don’t quite understand…”, try imagining a company that is “not a company where one leader decides everything,” but rather “a company where all employees discuss and operate it.” The latter is closer to the idea of “decentralization.”
Increased Transparency, Leading to More Trust?
One of the benefits of a decentralized system is increased transparency. Transaction records on the blockchain, for example, can be verified by participants (although the content may be encrypted), making fraud and tampering very difficult. This is expected to increase the overall reliability of the system.
If Pi Network becomes more decentralized, its operation and transaction rules may become more open, making it easier for users to use the network with peace of mind.
A Future Where All Participants Decide the Rules?
In an ideal decentralized network, important decisions regarding the network’s future are aimed to be made not only by the central operating team but also by reflecting the opinions of community participants. Pi Network also places great importance on the user community called “Pioneers,” and there is a possibility that the mechanism of community governance (rule and operation) will be strengthened in the future.
“We can decide the future of the currency we use”… Doesn’t that sound exciting?
Rumors of Pi Network’s “Full Decentralization”… What are the Specifics and Current Status?
Now, let’s get to the main topic. Let’s look a little more closely at the rumors that Pi Network has achieved “full decentralization.” We will explain the technical points and plans that are particularly being discussed, comparing them with the information available as of May 2025.
Recently, information seems to be circulating on some social media and YouTube videos claiming that “Pi Network announced full decentralization at an event called Consensus 2025!” However, as of May 2025, no such official announcement has been confirmed on the official Pi Network website, official social media, or reliable major cryptocurrency news media. “Consensus” is a real major conference in the cryptocurrency industry, but there is no evidence at this time that Pi Network declared “full decentralization” there.
With this background in mind, let’s look at the points being discussed in the rumors.
Is the Unique Mechanism “IPOS” Really Amazing? [Rumors and Official Information]
In the rumors, it is sometimes said that Pi Network has achieved full decentralization through its unique consensus mechanism (a system for approving transactions and keeping the blockchain secure) called “IPOS (Improved Proof of Stake).” This IPOS is sometimes described as an improvement on the traditional Proof of Stake (a system where those who hold more coins are more likely to gain approval rights), making it more energy-efficient and easier for many people to participate.
Pi Network is indeed aiming for a unique consensus algorithm, and the concept is mentioned in its whitepaper and elsewhere. However, the name “IPOS,” its detailed technical specifications, and an official announcement that it has been “fully implemented and decentralization is complete” cannot be confirmed at this time. The project is under development, and while there is a possibility that such an excellent mechanism may be introduced in the future, the information at this stage is still in the realm of “expectation.”
Source Code Publicly Available for Anyone to Check? [Rumors and Official Information]
Also, information that “Pi Network has released its source code (the blueprint of the program), allowing anyone to verify its security” is sometimes cited as evidence of achieving decentralization. Open-sourcing is a very important step in increasing project transparency and encouraging community participation in development.
Pi Network is said to have indicated its intention to release the source code in the future, but official information confirming that the source code is fully released and freely auditable by anyone at this time cannot be confirmed.
You might feel uneasy and think, “Then what were those rumors about?” With new technology, especially projects that attract global attention, various information can spread ahead of time due to expectations and speculation. The important thing is to pause and think, “Is this official information?” and “Is this from a reliable source?” when you encounter such information.
Community Enthusiasm and Expectations (While Being Careful About Information Sources)
On the other hand, it is also true that the spread of such rumors is fueled by the enthusiasm of the Pi Network community and their strong expectations for the project. For the “Pioneers” who have been mining Pi and supporting the project’s growth for many years, “full decentralization” is a long-awaited major milestone.
On social media, there are many posts expressing joy at small project progress and discussing future expectations. There is no doubt that this community energy is one of the driving forces behind the project’s progress. However, due to this enthusiasm, there are cases where unconfirmed information and hopeful speculation spread as “facts,” so it is necessary to be careful about how you receive information.
What If Pi Network Achieves “Full Decentralization” and Becomes More Accessible? Expanding Future Scenarios
Although still in the rumor stage, if Pi Network truly achieves “full decentralization” and becomes used by many people in their daily lives… what kind of changes could occur in our lives and businesses? Here, we will introduce such future possibilities with exciting application examples. Of course, please read these as just “what if” scenarios, letting your imagination run wild.
Cheaper Remittances and New Financial Services (DeFi) Becoming More Accessible?
Cryptocurrencies utilizing blockchain technology have the potential to significantly reduce fees for international remittances and other transactions because they allow direct peer-to-peer transfers without intermediaries like banks. If Pi Network becomes widely adopted, it might be used as a more convenient and cheaper remittance method.
Also, financial services called “DeFi (Decentralized Finance),” which can be used without relying on specific companies or organizations (such as lending, borrowing, and earning yield), might be deployed on the Pi Network platform. This could potentially allow people who previously could not have bank accounts to access financial services.
Payments in Stores and Peer-to-Peer Transactions with Pi? The Birth of a New Economic Sphere
If Pi Network transitions to the Open Mainnet and its value is stably recognized by the market, a future where Pi can be used for daily shopping and service payments is conceivable. Already, there are movements in some regions and communities attempting to buy and sell goods using Pi (P2P transactions).
If this spreads globally, a unique economic sphere centered around Pi might emerge, creating new business opportunities.
Integration with “Web3” Services Where You Manage and Utilize Your Own Data?
In recent years, “Web3” (Web Three), a new form of the internet that aims to allow users to manage their own data and be freed from data monopolization by platform companies, has been attracting attention. Decentralized projects like Pi Network are said to have high affinity with the philosophy of Web3.
In the future, new types of social media and online services might appear that allow you to securely manage personal data or earn rewards based on your contributions using your Pi Network ID and wallet (wallet function).
How was it? You might be skeptical and think, “Will such a future really come?” but technological progress can sometimes be realized at a speed that exceeds our imagination. The important thing is to believe in the possibilities while calmly observing the current situation.
[Must Check!] Points to Note and Future Challenges When Engaging with Pi Network
While Pi Network holds great potential, new technologies and projects come with not only expectations but also points to be aware of and hurdles to overcome. Here, we have organized important points to keep in mind when watching the future of Pi Network.
Most Important! Develop the Ability to Distinguish Between “Official Information” and “Rumors or Personal Opinions”
As repeatedly mentioned in this article, information regarding Pi Network is mixed. Especially on social media, personal hopeful speculation, incorrect information, and sometimes malicious rumors can spread. When you hear something appealing, make it a habit to check “Where is that information coming from?” and “Is the same thing being said on the official Pi Network website or official social media?” Do not act in haste, and it is very important to identify reliable sources of information.
Project Progress is Unknown, a Long-Term Perspective is Needed
Pi Network is a long-term project with ambitious goals. The transition to the Open Mainnet and the subsequent development of the ecosystem will require a lot of time and effort. Even if significant results are not achieved immediately, it is important to have a stance of watching the project’s progress with a long-term perspective without rushing. Be wary of sweet words like “The value will be X times higher tomorrow!” and calmly grasp the situation.
Be Conscious of Protecting Your Own Assets and Information
In the world of cryptocurrency, it is fundamental to manage your own assets (coins) and personal information (passwords, private keys, etc.) responsibly. When using Pi Network, take proper security measures for your account and never give your password or other information to others if asked. Also, basic internet literacy, such as not accessing suspicious apps or websites, is important.
Hurdles for Wide Social Acceptance (Laws, Usability, etc.)
For Pi Network to truly become a “currency usable by everyone,” it needs to overcome not only technical challenges but also comply with laws and regulations in each country, and above all, be a service that is “easy to understand and use” for the general public. Overcoming these hurdles requires not only the efforts of the project team but also the cooperation of the community and the understanding of society as a whole.
It is natural for various challenges to arise in the process of new technology permeating society. We will be watching how Pi Network addresses and solves these challenges.
Summary: Look Forward to Pi Network’s Future While Continuing to Gather Correct Information!
This time, we looked together at everything from the rumors about Pi Network’s “full decentralization” to the project’s current status and future possibilities. The vision of Pi Network aiming for “cryptocurrency accessible to everyone” is very attractive, and it is understandable that many people have expectations.
However, on the other hand, the project is still under development, and the realization of the transition to the Open Mainnet and “full decentralization” is still in the future according to official information as of May 2025. While we have expectations for Pi Network’s grand goals, it is important for us to always follow accurate information based on official announcements and maintain a calm perspective.
“Maybe it will become the norm in the future…” With that feeling of excitement about the possibilities of new technology, and the calm feeling of “But there are still many unknowns, so let’s gather information carefully.” Let’s maintain this balance and watch the future developments of Pi Network.
Next Step: For Those Who Want to Know More About Pi Network
After reading this article, some of you may feel, “I want to know more about Pi Network!” or “I want to check the official information myself!” For you, we will introduce hints for finding reliable information sources and actions you should take next.
Check the Official Pi Network Website and Official Social Media
The most reliable information is, after all, the official information disseminated by the Pi Network project team. Make it a habit to regularly check the official website and official social media accounts (such as X (formerly Twitter)) for the latest announcements and blog posts.
- Pi Network Official Website: (Usually `minepi.com` is the official website. Please check the URL carefully when accessing)
- Pi Network Official X (Twitter) Account: (Check the official account name and follow it)
(The URLs above are general examples, and please search for the actual official website yourself using a search engine, etc., before accessing.)
Also Refer to Reliable Cryptocurrency News Sites
Major cryptocurrency news media may also report on important updates regarding Pi Network. However, the quality and neutrality of information may vary depending on the news site, so it is important to compare and consider multiple sources.
Joining the Community is Also an Option (But Carefully Evaluate Information)
Pi Network has a large user community worldwide. Participating in online forums or social media groups and exchanging information with other users is one way to deepen your understanding of the project. However, information within the community is often just personal opinions and experiences, and may include unconfirmed or incorrect information, so do not take all information at face value, and always cross-reference it with official information.
We hope this article helps you understand the interesting project called Pi Network more deeply and correctly. Encountering new technology will surely provide wonderful stimulation for thinking about our future.
6 power, and above all, the element of “time” holds the potential to gradually turn that grand dream into reality.
We would be delighted if this article helps you understand this new technology trend called Pi Network more deeply and maintain a balanced perspective between expectations and realistic views regarding its future. Without rushing, let’s patiently watch the fate of this unique project together.