In a recent announcement, the Pi Network development team revealed that they will be updating the Stellar Chain version on the Pi Network testnet from v15 to v18. This significant update brings the Pi Network testnet to the same protocol version as the mainnet, which is the official version and ready for public use.
This technical update is a critical step towards preparing the network for an open mainnet launch, and it demonstrates the Pi Network development team’s commitment to delivering a seamless and secure experience for its users.
Pi network updated Stellar chain v15 running on the Testnet to version v18 protocol. This version is the same as the version on the mainnet.
It is a formal technical process improvement to prepare for Open mainnet#PiNetworkLive #Picoin #pi #Pioneers #PiNetwork pic.twitter.com/hd2LogMKuP
— Mining Cryptoz (@miningcryptoz) May 3, 2023
Pi Network is a decentralized cryptocurrency network that aims to provide a user-friendly platform for peer-to-peer transactions. The network is designed to be accessible to anyone with a smartphone, allowing users to mine cryptocurrency without expensive hardware or specialized knowledge.
The Pi Network has been in development for several years, and the team has been working diligently to ensure that the network is secure and reliable. With the upcoming update to the Stellar Chain version, the Pi Network testnet will be brought up to the same protocol version as the mainnet, which is a significant milestone in the development process.
This update will introduce several improvements and optimizations to the Pi Network, including increased stability and performance, enhanced security features, and improved compatibility with other blockchain networks. These improvements will make the Pi Network even more accessible and user-friendly, paving the way for the open mainnet launch.
The Pi Network development team has been transparent about its development process, and the community has been eagerly anticipating the launch of the open mainnet. With this technical update, the Pi Network is one step closer to realizing its vision of creating a decentralized and user-friendly cryptocurrency network accessible to anyone with a smartphone.
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