When will Pi Network launch? This is the Roadmap
2024-11-18
Bittime - Pi Network is a crypto project that allows users to mine Pi coins with just a mobile phone. This project continues to be a hot topic among blockchain enthusiasts. So, this article will discuss when the Pi Network will launch and its latest roadmap.
With an innovative approach that does not require advanced hardware, Pi Network promises broader crypto accessibility. However, the question that often arises is: when will Pi Network publicly launch its mainnet?
This article will explain what Pi Network is, its roadmap, and the latest developments regarding its launch.
What Is Pi Network?
Pi Network is a crypto platform that allows users to mine I experienced Pi via mobile app. This platform is different from traditional cryptocurrencies such as Bitcoin which use mechanisms Proof-of-Work (PoW) which requires large computing power.
This network uses Stellar Consensus Protocol (SCP) which is more energy efficient. With SCP, users can mine Pi coins with just their phone without draining battery power or requiring expensive hardware.
Additionally, the platform is designed for global inclusion, allowing anyone with internet access to become part of this crypto ecosystem.
Read also: Pi Network Potentially Launches Mainnet December 2024 to Early 2025
Roles in the Pi Network
Pi Network offers five main roles for its users. The following is the explanation:
Pioneer: Beginners can mine Pi by opening the app periodically.
Contributor: Users who add members to their security circles, increase mining speed.
Ambassador: Invite new users to the platform and earn Pi bonuses.
Node: Running a decentralized network with Node software.
Node Ambassador: Invite new developers to build apps on the Pi ecosystem.
Read also: Is Pi Network a Scam? This is the Analysis!
When will Pi Network Launch?
The Pi Network mainnet officially launched in December 2021, but is still in its infancy closed network phase. In this phase, the mainnet operates behind a firewall that limits external connectivity to ensure security and stability.
Initially, the launch of an open network (open mainnet) was planned for 2022. However, due to the user identity validation process (KYC) which requires sufficient time and application preparation, the launch was postponed.
Latest Launch Estimates
The Pi Network team is targeting an open mainnet launch before Pi2Day next, which is scheduled for late June 2025. If the KYC process and transition to mainnet goes as planned, launch may occur in late 2024 or early 2025.
Latest Pi Network Roadmap
The Pi Network roadmap is divided into three main phases:
1. Initial Phase (2018-2020):
- Launch of Pi mining app for iOS and Android.
- Publishing a whitepaper explaining the goal, tokenomics and vision of the project.
2. Testnet Phase (2020-2021):
- Testnet launch with features like wallet, browser, and developer tools.
- Testing applications on the network before moving to mainnet.
3. Mainnet Phase (2021-present):
- Mainnet launch with closed network mode.
- KYC process to ensure valid users.
- Pi Apps transition from testnet to mainnet.
Read also: Pi Network Coin Price Prediction, Here's the Explanation
Latest Roadmap Update (December 2023):
1. Mining Applications:
- Improved interface and user experience.
- Periodic reminders for users stopping mining.
- Added support for up to 50 languages.
2. Pi Browser:
- Makes it easier to access Pi-based applications.
- Focus on perfecting the user experience.
3. KYC Process:
- Faster and smoother identity verification process.
4. Long Term Commitment:
- Target open network launch before the end of June 2025.
- Increased number of applications ready for use on mainnet.
Conclusion
Pi Network is a project with the ambition to bring financial inclusion through an innovative approach in the world of blockchain. With more than 50 million users, this blockchain network has attracted huge attention in the crypto world. However, the delayed open mainnet launch is a major challenge for the project.
If all goes according to plan, the pathoform could open its open network by the end of 2024 or by June 2025 at the latest. For users who have been mining Pi coin since its inception, this launch will be a key moment to see the real value of their efforts.
Even though it has great potential, it is important for users to be careful and do their research before investing in this project. With an ambitious roadmap, this project could become a major player in the crypto world in the future.
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