TLDR
Pi Network’s Testnet 1 has successfully processed a high volume of transactions with almost zero failures, signaling strong network stability. The upcoming Mainnet version v23 is confirmed and expected to launch soon. Additionally, a fast-track KYC system now enables early wallet activation for new users. Pi Network is also pioneering decentralized AI training through OpenMind nodes. With over 50 million users, the network is poised to enter its next phase, scaling blockchain, identity verification, and computing capabilities globally.
Testnet 1 Shows Network Stability
Pi Network’s Testnet 1 has reached a significant milestone. Recent technical reports reveal that the test phase processed large volumes of transactions with near-zero failure rates. Data shared by PiNetwork DEX on X (formerly Twitter) confirms that most transactions either completed successfully or failed only once. This indicates a highly stable test environment and demonstrates that the core blockchain system can handle high traffic in real-world conditions.
The testing phase was designed to simulate real-world usage, ensuring the system could manage transactions efficiently without major issues. Based on performance metrics, version v23 of the network operated smoothly under pressure.
Following these promising results, Pi Network is preparing to advance to the next stage of development. Testnet 2 is expected to focus on stress-testing the system further, enabling developers to introduce and refine new features before the Mainnet launch. Lessons learned from Testnet 1 will be applied to enhance system reliability and improve user experience.
Mainnet v23 Prepares for Launch
After the successful test phase, Pi Network is gearing up to release Mainnet version v23. The development team has confirmed that the stable Mainnet will launch soon, though no exact date has been announced yet.
This upcoming release will support both financial and computational functions, serving as the foundation for the network’s decentralized apps and services. Given the strong performance during testing, developers anticipate a smooth launch with minimal technical issues.
Key upgrades in this phase include Pi Desktop v0.5.4, which enhances the user interface and improves bonus calculations for node operators. These improvements aim to help node participants manage their tools more easily and receive fair rewards.
Updates extend beyond user-facing features—core systems for transaction handling and data management have also been upgraded to better support users once Mainnet goes live.
Fast-Track KYC for New Users
Pi Network has introduced a fast-track Know Your Customer (KYC) system to allow new users to verify their identity more quickly and activate their Pi wallets without long delays. This initiative aims to broaden network access and help users prepare for the Mainnet rollout.
Verified users can participate in the ecosystem earlier and engage with apps and services upon full launch. Faster identity verification also strengthens network security by ensuring all participants are real individuals rather than automated accounts.
The KYC feature is a crucial step towards maintaining transparency and fairness within the Pi Network community.
AI and Decentralized Computing Pilots Begin
Beyond blockchain transactions, Pi Network is testing decentralized computing via an initiative called OpenMind. This project enables node operators to perform computational tasks for third-party partners, including running AI training jobs and other services typically managed by centralized data centers.
This new use case positions Pi Network as a platform not only for blockchain transactions but also for global decentralized computing. A case study is forthcoming to document the process and results of these pilot tests.
The development team emphasizes that this project will demonstrate the network’s utility beyond simple financial applications. By building tools that allow users to contribute computing power and earn rewards, Pi Network is expanding its real-world functionalities and opening doors to more practical applications.
https://coincentral.com/pi-network-prepares-for-mainnet-after-testnet-1-shows-high-stability/
