TL;DR
Pi Network is rolling out protocol upgrades, aiming to boost stability, performance, and introduce protocol-level KYC features.
Despite the progress, PI is in red territory today, while the multi-million token unlocks scheduled for the next month and the major supply stored on exchanges signal heavy potential selling pressure.
Moving Forward as Scheduled
The controversial crypto project, officially launched in 2019, continues to make adjustments and implement developments to strengthen its ecosystem.
Most recently, the X account Pi News revealed that Pi Network is gradually upgrading from protocol v19 to v23, covering Testnet, Testnet2, and Mainnet. Moreover, the Testnet has been successfully upgraded to v22.
The goal is to improve performance and network stability, thereby enabling further ecosystem advancements. Earlier this month, the project’s team explained that Version 23 is based on Stellar v23, but it’s custom-made for Pi Network.
It aims to provide users with
We współpracy z: https://cryptopotato.com/big-pi-network-update-on-track-latest-progress-every-pioneer-should-watch/