Pi Network has announced a major policy change. The pre-approval process for applications, which was previously required, will be abolished, allowing developers to register applications directly on the mainnet. This article explains the details of this new initiative and its impact on the Pi ecosystem.
Pi Network’s New Initiative – Direct App Registration Begins
Pi Network has launched a new strategy aimed at expanding the ecosystem and improving usability. Previously, registering an application on the Pi Network mainnet required pre-approval. However, with this change, developers who meet the conditions can now register directly on the mainnet without waiting for approval.
Purpose of Introducing the New System
The purposes for Pi Network introducing this new system include streamlining the development process, increasing the number of applications, promoting the real-world use of Pi Coin, and accelerating the growth of the decentralized economy.
- Streamlining the development process
- Increasing the number of applications
- Promoting the real-world use of Pi
- Accelerating the growth of the decentralized economy
This decision demonstrates Pi Network’s strong commitment to building a moreinclusive, open, and decentralizedecosystem. By providing developers with an environment where they can build innovative applications without bureaucratic barriers, it strengthens the vision of a truly autonomous blockchain ecosystem.
Differences Between the Conventional System and the New System
Under the previous system, developers who wanted to integrate their applications into the mainnet had to go through a pre-approval process. This regulatory step was put in place to prevent low-quality applications from entering the ecosystem, but it also served as a significant barrier for developers who wanted to contribute.
In the new system, this pre-approval step is abolished, allowing developers to submit and register their applications instantly. This will enable developers to reach Pi Network’s vast user base more quickly, and a significant increase in the number of decentralized applications within the Pi ecosystem is expected.
“The abolition of the pre-approval requirement is expected to revitalize development activities within the Pi Network.”
Main Benefits of the New System
1. Rapid Growth of Pi-Based Applications
By simplifying the application registration process, Pi Network has removed one of the biggest barriers to blockchain development. Developers who were hesitant due to the lengthy approval process can now launch their projects without delay. This is expected to lead to a significant increase in the number of applications operating within the Pi ecosystem, including marketplaces, social platforms, games, financial services, NFT projects, and more.
2. Expansion of Pi Coin’s Real-World Use
One of the biggest challenges faced by any cryptocurrency is building real-world use cases. Pi Network has always focused on ensuring that Pi Coin is not just a speculative asset but a functional currency used in daily transactions. The increase in the number of applications is expected to promote the utility and adoption of Pi Coin.
3. Increased Developer Visibility and Adoption
For developers, this update is an excellent opportunity to reach a global audience. Applications registered on the mainnet ecosystem interface will be immediately visible to millions of Pi users. This will increase the recognition of developers who have built excellent applications and expand the potential for acquiring more users.
4. Acceleration of Innovation and Continuous Improvement
A more open and dynamic ecosystem will allow developers to quickly iterate, improve, and expand their applications. The absence of approval delays will facilitate frequent updates, enhancements, and experimentation, creating a more innovative and competitive environment. This directly benefits users who can experience high-quality services and cutting-edge blockchain applications.
Future Outlook for the Pi Network Ecosystem
This new initiative is a significant step in Pi Network’s ecosystem expansion strategy. The abolition of the pre-approval process is expected to revitalize the developer community and lead to the emergence of a more diverse range of applications.
Furthermore, this change is also an important step towards realizing the decentralized economy that Pi Network aims for. By abolishing the centralized approval process, it moves closer to a truly decentralized ecosystem.
Call to Developers and Users
Pi Network encourages developers to leverage this new opportunity to build innovative applications. It also calls on users to remember to perform their daily Pi mining (clicking the ‘lightning bolt’) and continue contributing to the growth of the ecosystem.
Summary
The abolition of the pre-approval process by Pi Network is a strategic move to accelerate ecosystem growth and adoption. By lowering the barrier to entry for developers, it is expected that more innovative applications will emerge, and the utility of Pi Coin will increase.
This change aligns with Pi Network’s vision of an ‘inclusive, open, and decentralized ecosystem’ and demonstrates its focus on long-term growth and the widespread adoption of Pi Coin.
Let’s continue to pay attention to Pi Network’s developments and participate in the growth of the ecosystem.