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Pi Network: How Super Nodes and Validator Nodes Work

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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.

Blockchain Revolution: Pi Network’s High-Performance Node Vision

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Unlocking the Potential of Pi Network Nodes: A New Era of Blockchain Revolution

Hello, Pi Network enthusiasts! This time, we will delve into Pi Network’s groundbreaking new update (version 0.5.0). Let’s explore together how this update unlocks the potential of nodes and shapes the future of Pi Network.

Innovative Features of the New Update

The new version 0.5.0 announced by the Pi Network development team (Pi Core Team) introduces the following innovative features:

  • Up to 1000 transactions per block: This dramatically improves the network’s processing capacity.
  • Block generation every 3-5 seconds: Blocks are automatically generated at regular intervals, regardless of the presence of transactions.
  • Blockchain continuity: Each block links to the previous block, forming a tamper-proof ledger.
  • Diet version: Achieves efficient data processing and reduces the load on nodes.

The Importance of Nodes and the Significance of Decentralization

One of Pi Network’s strengths lies in its highly decentralized node network:

  • Currently, approximately 200,000 active nodes are distributed worldwide.
  • The higher the number and distribution of nodes, the greater the network’s security, efficiency, and fault tolerance.
  • Each node authenticates and verifies transactions, ensuring the network’s reliability.
  • As the number of users and transactions increases, the importance of nodes also grows.

The Importance of Testnet 2

Testnet 2 is a crucial phase for measuring Pi Network’s actual performance:

  • Measuring transaction processing capacity: Accurately grasp the number of transactions that can be processed per second (TPS).
  • Unlocking node potential: Evaluate node performance under actual load and optimize it.
  • Interaction with external blockchains: Explore potential collaborations with other blockchains and verify interoperability.
  • True blockchain performance: Reveal Pi Network’s actual processing capacity and scalability.

Interaction with External Blockchains

One of Pi Network’s future goals is interoperability with other blockchains:

  • Connecting with external blockchains is expected to lead to a significant increase in the number of users and transactions.
  • The Pi Core Team is actively exploring connections with other blockchains and interacting with selected target chains via HTTPS.
  • While leveraging the public nature of blockchains, Pi Network’s security (firewall) is also strictly maintained.
  • This interaction has the potential to significantly expand the Pi Network ecosystem.

Pi Network’s Future Outlook and Challenges

The results of this update and Testnet 2 could have a significant impact on Pi Network’s future:

  • Improved node performance will enable transaction processing on a global scale.
  • Interaction with external blockchains has the potential to dramatically expand Pi Network’s use cases and value.
  • The strictness of the KYC (Know Your Customer) process contributes to the improvement of Pi Network’s reliability and security.
  • However, gaining external recognition and trust will be a future challenge.

The Role and Expectations of the Community

A vibrant community is essential for the success of Pi Network:

  • Each Pioneer (user) contributes to the growth and stability of the network.
  • Completing the KYC process directly contributes to improving network reliability.
  • Community feedback and participation promote the continuous improvement of Pi Network.

Summary: The New Era Pi Network is Ushering In

Pi Network’s new update holds the potential to significantly change the future of blockchain technology. By maximizing the potential of nodes and enabling interaction with external blockchains, Pi Network is evolving into a more powerful, efficient, and innovative blockchain platform.

This is your chance to be part of this exciting journey and stand at the forefront of the blockchain revolution. By paying attention to Pi Network’s development and actively participating, we can together build a new financial future. Now is the time to unleash the full potential of Pi Network!

Pi Node – Open Network Preparation and Node Version Update

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In the Pi blockchain, nodes are central to decentralization. Accessible to all Pioneers with internet-connected computers, their progress is crucial for realizing the Pi Network’s vision. As we approach the Open Network, the progress of nodes becomes increasingly important. There was a blog update from pinetwork, so I will post a Japanese translation of the article. The existence of 200,000 nodes on the testnet is a significant presence in the cryptocurrency space, so I look forward to future updates.

Original article: https://minepi.com/blog/node-version-update/

Pi nodes have the potential for large-scale computation. There are currently over 200,000 computer nodes on the testnet, which are planned to migrate to the mainnet during the Open Network period. This will make Pi nodes one of the world’s largest distributed systems, enabling tasks such as training large-scale open-source AI models. This opens up the possibility for node operators to earn more Pi in the future and brings new utility opportunities.

Preparation for Open Network

To prepare nodes for the Open Network, it is necessary to enable switching between the testnet and mainnet. This will allow node runners to smoothly migrate to the mainnet when the network opens. Future versions of the node application and server will support this switching functionality.

Introduction of Testnet 2

To test this functionality before the mainnet opens, we are introducing a new clean testnet blockchain, ‘Testnet2’. Initially, some nodes will be assigned to this new Testnet2. The blockchain each node is connected to will be displayed in the node application’s UI. This feature is planned to be introduced in the next node version.

Testnet Reset

The testnet is used for testing purposes and may be reset periodically. A reset may occur in the coming weeks or months, particularly as part of the preparation and testing work for the Open Network. A reset will result in the loss of all user testnet wallets and test Pi balances. It is important for developers and users to design their apps to function correctly even after a testnet reset.

Recent Node Version Updates

Significant node version updates have been made in preparation for the Open Network. These updates are essential for enhancing node analytics, standardizing applications across regions, and laying the foundation for node selection and decentralization. Since Pi Day 2024, three versions have been released.

Version 0.4.11 (May 9, 2024)

This version was automatically distributed to all node runners.

  • Added a new UI feature to display detailed information about the node’s catch-up process.
  • Introduced warnings regarding interruptions in the catch-up process.
  • Improved the method for determining the latest block.
  • Improved logging functionality to allow sending up to 40 lines of log information when issues occur.
  • Implemented a mechanism to determine the appropriate execution container, assisting with accurate node reporting.

Version 0.4.10 (April 9, 2024)

Resolved an issue where Docker containers did not start automatically. This fix allows nodes to be started from within the Pi Node app, and the corresponding Docker containers will also start as expected.

Version 0.4.9 (March 14, 2024)

  • Added a new page to display the node’s known peer list.
  • Allowed Pioneers to add their own known nodes (peers) if they cannot access Core Team nodes.
  • Made the history URL customizable for downloading blockchain history and resuming operations up to the latest block if the node cannot access the synchronization server.
  • Resolved an infinite loading screen issue experienced by some Pioneers during the setup of newly downloaded nodes.
  • Fixed the port check function to ensure all necessary ports are open.
  • Set the default container for all nodes to Pi-Consensus.
  • Resolved an issue where the Pi Node installation date was displayed as “N/A”.
  • Resolved an issue where the Pi Node uptime was displayed as “N/A”.
  • Improved error handling methods to limit downtime.

This article details the latest updates regarding Pi Network nodes and the preparation status for the Open Network. The following points are particularly impressive:

1. Detailed Explanation of Progress
– Specific improvements and new features in node version updates (0.4.9, 0.4.10, 0.4.11) are carefully explained, clearly conveying the technical evolution.
– Information regarding important new features, such as the introduction of the new Testnet2 and the development of the mainnet/testnet switching function, is clearly presented.

2. Consideration for Users
– User-friendly improvements such as the node auto-update function and fixes to the installation date display are included, indicating improved convenience for node operators.
– Warnings regarding testnet resets are also provided, showing consideration for users.

3. Sense of Anticipation for the Future
– The large-scale computing power of Pi nodes is emphasized, suggesting that new utilities such as distributed computing and AI model training can be expected in the future.
– Reading this article increases the sense of anticipation for the new opportunities and possibilities that the Pi Network will offer as it continues to evolve.

Overall, this article balances technical details with user-friendly improvements, not only providing the latest information on Pi Network nodes but also fostering a sense of anticipation for the future.
These improvements are important steps towards the Open Network, but they are not the final stage. We look forward to further updates and information. For information on introducing nodes, please see here.

https://pinetwork.masters-all.com/pinetwork%e3%81%a7node%e9%81%8b%e5%96%b6%e3%82%92%e3%81%99%e3%82%8b%e6%96%b9%e6%b3%95%ef%bc%88%e5%88%9d%e6%9c%9f%e8%a8%a positron%e3%81%aa%e3%81%a9%e3%82%92%e8%a7%a3%e8%aa%ac%ef%bc%89/