Pi Network has announced a major upgrade to its protocol, moving to version 19, as it continues to prepare for its highly anticipated Mainnet launch. With over 60 million users, this update is designed to enhance the network’s scalability, interoperability, and transaction efficiency, bringing Pi Network one step closer to its goal of widespread adoption.
Among the most significant changes in this update is the integration of a Layer 2 solution, which aims to accelerate transaction speeds and improve scalability, a crucial element for Pi Network as it works toward mass adoption.
Another key addition is enhanced blockchain interoperability, enabled by new bridging capabilities. This will allow Pi Network to connect smoothly with other blockchain ecosystems, facilitating cross-chain transactions and potential collaborations with other platforms.
In addition, the update has lowered transaction fees to just 0.00001 Pi per transaction, making Pi Network more accessible for digital payments. This reduction is expected to encourage broader usage of Pi for everyday transactions, promoting the growth of the Pi economy.
With these updates, Pi Network is poised to support millions of users globally with faster, more efficient transactions and seamless blockchain integrations, ensuring a strong foundation as the network nears its Open Mainnet launch.
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