The date of the launch of the PI Mainnet network: PI’s coin price updates and market trends

Since Cryptocurrency and Developer Platform comes with the MainNet final launch date, which will enable users to mining PI metal currencies, the price of Coin PI increased by 70 % amid development. The date of launch comes after multiple delays by the company.

Pi-Coin Price support also attributed to the OKX advertisement on the PI List (PI) on the immediate trading markets. The PI has seen an increase of $ 50 to $ 90 within a few hours of the announcement today, only to settle about $ 80.91 at about 3.45 pm (India’s time).

“Pioneers, open network It will be launched at 8 am International time on February 20, 2025! With millions of KYC pioneers and the ecosystem driven by booming facilities, the open network expands the opportunities available, which allows the pioneers to connect PI to external systems for use in real world applications as it has not happened before.

Pi Network says that the company has reached 10.14 million MainNet deportations, exceeding the original goal of 10 million, due to the promotions announced in the latest update of a timetable. “PI is ready to open the ecosystem that the facilities moves, as it can now enable our pioneers who have been identified after more than 19 million people using PI-encoded currency with jobs in the real world and the applications it supports.”

The current current Mainnet stage began the PI in December 2021, with the launch of the closed network, which means that Mainnet was direct but with the protection wall prohibiting any external connection. This period pledged the way for an open network, allowing time to: pioneers to complete Kyc and get PI on Mainnet; Developers to create real applications and facilities for the PI; The primary team to launch and improve PI features and various facilities.

A new version formula was released for the issuance of mining bonuses in March 2022 early in the closed network, after a decrease in the Si model that balances the network’s need for growth, ease of access, longevity, and timely scarcity network.

The period of permitting the first of July 2024 – which speeds up progressing towards the open network – was enacted – to achieve a balance between saving enough time to pass the Kyc and contempt for PI on Mainnet, with the creation of a caffeine incentive and urgency to pass people to Kyc and deport to the open network. In preventing PI other than the period after KYC period for 6 months of obtaining PI on Mainnet, this PI strategy helps freely from mining by other pioneers.

All the time, the pioneers who got PI on Mainnet managed to deal with PI with other pioneers inside the network.

Launching an open network to allow external communication

The open network will create an environment in which PI can safely connect to external systems and expand the chances of pioneers and companies. Mainnet Blockchain open network will be possible to the open network, allowing PI to interact with other compatible networks and systems. This means that the pioneers will be able to participate in transactions that go beyond the PI, and to expand and reach PI.

When the open network is launched with the removal of the protection wall, anyone can add a contract technically to Mainnet Blockchain, in terms of operating the protocol and connecting to the network. The main team will gradually call the pioneers to transfer their contract from Testnet to Mainnet via the desktop user interface, giving priority to those who have strong historical contributions and dozens of reliability. The company says that the node rank will be announced as soon as possible.

To maintain a safe and compatible ecological system, participation in the activities of Mainnet Blockchain will check the KYC (Learn your customer) of pioneers, and check KYB (Learn about your business) for companies. The history of the open network was chosen based on the open network conditions set and its participation with the entire community in December 2023.