BSC News

Hey folks.

Pioneers have been complaining about the ongoing delay, thus Pi Network is still getting ready to launch on the mainnet. Three priorities have been stated by the developers as they prepare for launch. Initially, a significant amount of time has been devoted to the KYC verification process for Pi Coin holders. The developers reported that they have confirmed and transferred more than 5 million users to the contained mainnet in a recent update.

Second, the Pi network is hoped that it will have more apps to give the token utility when it is launched eventually. This is done through their hackathons on a regular basis where projects are pitched by the developers and win support.

And finally, the developers hope that the conditions of the market will be supportive when the two other conditions are fulfilled.

Recently, in an update, developers of the Pi Network showcased the work they are doing to make sure that their nodes are ready. They noted that the network had already gathered 20k computer nodes waiting for transition to the mainnet. These nodes have above 1 million CPUs, which makes Pi one of the most decentralized networks in the industry of crypto.

The developers want to enable switching between the testnet and mainnet blockchains as part of the mainnet transition. They have created a fresh, clean Testnet blockchain to aid in testing and make sure that the finished product will be prepared for the mainnet.