Pi Network News Today: Protocol version 23 upgrade has been launched, laying the technical foundation for the open Mainnet.

Pi Network is upgrading its Blockchain in phases to protocol version 23. This move aims to enhance the network's scalability and stability, while keeping in sync with the underlying Stellar Blockchain. The upgrade is seen by the community as a key technical milestone ahead of the launch of its long-term commitment to an Open Mainnet, and the project party is also working to enhance its global influence by sponsoring international conferences and expanding ecological applications.

The testnet is upgraded first to prepare for the open mainnet.

The Pi Network team has confirmed that its Blockchain is undergoing a phased upgrade to protocol version 23. Currently, Testnet1 has successfully completed the upgrade from version 19 to version 22 and is moving towards v23. The official update states that Testnet2 and the final Mainnet will follow in the coming weeks. During this period, users may experience planned service interruptions, but the development team has committed to providing advance notice.

This phased upgrade approach is an important step in the long-term technical roadmap of the Pi Network. This upgrade will lay a solid technical foundation for building a secure and scalable Mainnet, providing long-term commitment to decentralized utility for millions of pioneer users.

The Significance of v23 Upgrade: Enhance Network Performance

The upgrade of protocol version 23 is of great significance for Pi Network. It will enhance the network's transaction processing capability and overall stability when facing high-load scenarios in the real world. This upgrade will strengthen the network's consensus mechanism, transaction processing capabilities, and interoperability with various Blockchain components.

The timing of this upgrade is closely linked to the v23 transition of the underlying Stellar Blockchain itself. This move aims to ensure that the infrastructure of Pi Network is in sync with the Stellar platform that underpins its core, thereby better leveraging the new features and optimizations brought by the Stellar protocol to support more complex decentralized applications (dApps) in the future.

Beyond Upgrades: Expanding Ecosystem and Global Influence

In addition to core technology upgrades, Pi Network is also actively expanding its global footprint and ecosystem:

• Account mapping progress: Recently, the project party has made steady progress in account mapping, allowing the balance in the testnet to be smoothly transferred to the Mainnet, and many users have confirmed that their accounts have been successfully mapped.
• Global Influence: Pi Network has been confirmed as the Gold Sponsor of the TOKEN2049 conference in Singapore. The project's co-founder Dr. Fan Chengdiao is scheduled to speak at the event on October 1-2, 2025, which is seen as a key step in enhancing the project's credibility and visibility within the broader Web3 community.
• Ecological Applications: A new DeFi mining game called PiOnline has been launched on the Pi browser, indicating that Pi Network is increasingly focusing on gamified applications and sees them as a potential driver for ecosystem growth.

Conclusion

The ongoing v23 protocol upgrade of the Pi Network represents a significant technical milestone in its transition from a closed ecosystem to a functional, decentralized Mainnet. While this technological advancement is a positive signal for the community, the real test will be whether it can successfully transition to an open Mainnet and fulfill its long-standing utility promises to millions of users. In the future, the project's success will depend not only on its technological foundation but also on its ability to establish a truly valuable and vibrant ecosystem within its growing user base.