[{"data":1,"prerenderedAt":-1},["ShallowReactive",2],{"news-aggregator-latest-pi-network-updates-sept1450191c617-2f7a-7a9b-bff5-a1ee4a8675f7":3},{"id":4,"timestamp":5,"title":6,"content":7,"link":8,"preview":9,"tags":10,"predictedTags":11,"showTags":12,"source":13,"reactions":14,"selfReactions":15,"logo":16,"sourceId":17,"sourceUserId":18,"asset":19,"tagsCategories":20,"totalComments":21,"lang":22,"unique_views_count":23,"enrichStatus":19,"triageKind":18,"triageImportance":18,"expandEligible":18,"summarizeEligible":18,"eventEligible":18,"eventType":18,"eventAction":18},"latest-pi-network-updates-sept1450191c617-2f7a-7a9b-bff5-a1ee4a8675f7","1725604336000","Latest Pi Network Updates September 6th","\u003Cp>TL;DR\u003C/p>\u003Cul>\u003Cli>Pi Network celebrated 2,000 days since its launch but remains unclear about its native token and open mainnet, with a roadmap announcement expected in December 2024.\u003C/li>\u003Cli>The project aims to enable mobile mining using an energy-efficient consensus algorithm and grows primarily through community engagement.\u003C/li>\u003C/ul>\u003Cp>\u003Ca href=\"https://cryptopotato.com/wp-content/uploads/2024/09/PiNetwork_CB-1.jpg\">\u003Cimg src=\"https://cryptopotato.com/wp-content/uploads/2024/09/PiNetwork_CB-1.jpg\" alt=\"\" />\u003C/a>\u003C/p>What’s New?\u003Cp>\u003Cspan>Pi Network – a controversial crypto project that aims to allow users to mine and earn digital assets on their mobile devices – has witnessed some developments lately. Earlier this week, the team \u003C/span>\u003Ca href=\"https://x.com/PiCoreTeam/status/1831123637866479655\" target=\"_blank\">\u003Cspan>celebrated\u003C/span>\u003C/a>\u003Cspan> 2,000 days since the official launch in March 2019.\u003C/span>\u003C/p>\u003Cp>\u003Cspan>“This milestone reflects \u003C/span>\u003Cspan>the\u003C/span>\u003Cspan> steady, ongoing efforts \u003C/span>\u003Cspan>of our community\u003C/span>\u003Cspan>—as we move ever closer to our vision of building the world’s most inclusive peer-to-peer ecosystem and online experience, fueled by Pi.\u003C/span>\u003Cspan> Each step forward is bringing us towards Open Network, where persistence and commitment shape our shared future,” it stated at the time.\u003C/span>\u003C/p>\u003Cp>\u003Cspan>However, Pi Network keeps raising some eyebrows across the community since there is no clear indication of when users can expect the launch of a native token and open mainnet. The team previously \u003C/span>\u003Ca href=\"https://cryptopotato.com/important-pi-network-pi-update/\" target=\"_blank\">\u003Cspan>said\u003C/span>\u003C/a>\u003Cspan> that over 13 million people have \u003C/span>\u003Cspan>already\u003C/span>\u003Cspan> passed Know-Your-Customer (KYC) procedures, while more than six million have migrated to the mainnet. \u003C/span>\u003C/p>\u003Cp>\u003Cspan>Shortly after, the developers behind the network \u003C/span>\u003Ca href=\"https://x.com/PiCoreTeam/status/1824206339448750495\" target=\"_blank\">\u003Cspan>set\u003C/span>\u003C/a>\u003Cspan> September 30, 2024, as a deadline for users to complete their KYC verification:\u003C/span>\u003C/p>\u003Cp>\u003Cspan>“\u003C/span>\u003Cspan>Make sure\u003C/span>\u003Cspan> you \u003C/span>\u003Cspan>don’t miss\u003C/span>\u003Cspan> your deadlines to submit KYC or migrate your Pi.\u003C/span>\u003Cspan> Ask your Security Circle and Referral Team to take action before the Grace Period ends!”\u003C/span>\u003C/p>\u003Cp>\u003Cspan>Last month, PiBridge (a decentralized financial platform that acts as a bridge between the Pi Network and other blockchain networks) hosted a talk show, with the launch of \u003C/span>\u003Cspan>mainnet\u003C/span>\u003Cspan> being one of the main subjects of discussion. \u003C/span>\u003C/p>\u003Cp>\u003Cspan>A few days later, the Pi Core Team said \u003C/span>\u003Cspan>the mainnet open roadmap (“enabling official Pi buying and selling transaction”) \u003C/span>\u003Cspan>will\u003C/span>\u003Cspan> be announced\u003C/span>\u003Cspan> in December.\u003C/span>\u003C/p>\u003Cp>Mainnet Opening Update\u003C/p>\u003Cp>1. Pi Core Team has revealed that in December, they will announce the Mainnet open roadmap (Enabling official Pi buying and selling transactions).\u003C/p>\u003Cp>SHARE OR RETWEET THIS! \u003Cimg src=\"https://s.w.org/images/core/emoji/14.0.0/72x72/267b.png\" alt=\"♻\" />\u003Ca href=\"https://twitter.com/hashtag/PiNetwork?src=hash&ref_src=twsrc%5Etfw\" target=\"_blank\">#PiNetwork\u003C/a> \u003Ca href=\"https://t.co/vatNfzg3Qk\" target=\"_blank\">pic.twitter.com/vatNfzg3Qk\u003C/a>\u003C/p>\u003Cp>— Pi Network News (@PiNetworkLap) \u003Ca href=\"https://twitter.com/PiNetworkLap/status/1831691998341828811?ref_src=twsrc%5Etfw\" target=\"_blank\">September 5, 2024\u003C/a>\u003C/p>\u003Cspan>The Specifics of Pi Network\u003C/span>\u003Cp>\u003Cspan>The crypto project aims to be energy-efficient \u003C/span>\u003Cspan>by\u003C/span>\u003Cspan> using a consensus algorithm called Stellar Consensus Protocol (SCP). \u003C/span>\u003Cspan>The mechanism \u003C/span>\u003Cspan>is\u003C/span>\u003Cspan> developed by the Stellar Development Foundation and is an alternative to Proof-of-Work (PoW), which is associated with high electricity consumption.\u003C/span>\u003C/p>\u003Cp>\u003Cspan>The network relies heavily on community engagement, and growth is driven by a referral-based system.\u003C/span>\u003Cspan> Pi Network does not require users to invest \u003C/span>\u003Cspan>any\u003C/span>\u003Cspan> funds upfront to start mining. They can earn Pi tokens by \u003C/span>\u003Cspan>simply\u003C/span>\u003Cspan> participating in the ecosystem and building trust connections.\u003C/span>\u003C/p>\u003Cp>The post \u003Ca href=\"https://cryptopotato.com/latest-pi-network-updates-september-6th/\">Latest Pi Network Updates September 6th\u003C/a> appeared first on \u003Ca href=\"https://cryptopotato.com/\">CryptoPotato\u003C/a>.\u003C/p>","https://cryptopotato.com/latest-pi-network-updates-september-6th/","https://cryptopotato.com/wp-content/uploads/2024/09/PiNetwork_CB-1.jpg","[\"Crypto Bits\",\"Crypto News\",\"Mining\"]","[\"Stellar\",\"XLM\",\"Vision\",\"Persistence\",\"XPRT\",\"Step\",\"STEP\",\"Across\",\"Native\",\"Foundation\",\"FND\"]","[{\"img\":\"https://toscalepublic.s3.eu-west-2.amazonaws.com/images/coins-lib/full-library/color/XLM.png\",\"name\":\"XLM\"},{\"name\":\"Vision\",\"logo\":\"https://toscalepublic.s3.eu-west-2.amazonaws.com/images/blockchains/vision.png\"},{\"img\":\"https://toscalepublic.s3.eu-west-2.amazonaws.com/images/coins-lib/full-library/color/XPRT.png\",\"name\":\"XPRT\"},{\"img\":\"https://toscalepublic.s3.eu-west-2.amazonaws.com/images/coins-lib/full-library/color/STEP.png\",\"name\":\"STEP\"},{\"name\":\"Across\",\"logo\":\"https://toscalepublic.s3.eu-west-2.amazonaws.com/images/protocols/across.png\"},{\"name\":\"Native\",\"logo\":\"https://toscalepublic.s3.eu-west-2.amazonaws.com/images/protocols/native.png\"},{\"img\":\"https://toscalepublic.s3.eu-west-2.amazonaws.com/images/coins-lib/full-library/color/FND.png\",\"name\":\"FND\"}]","145",[],[],"https://toscalepublic.s3.eu-west-2.amazonaws.com/images/news-feeds/sources/cryptopotato.png","CryptoPotato",null,"","[\"Crypto\"]","0","EN","1"]