We’re excited to introduce Pi Node Version 0.5.0, an important update preparing Nodes for the Mainnet blockchain.
With this update, Pi Nodes will transition to the Testnet2 blockchain, which tests switching between blockchains, allowing Node runners to transition smoothly to the Mainnet once it’s available. Additionally, Testnet2 provides a more compatible and comparable environment that Nodes will experience on the Mainnet blockchain.
Nodes may continue using the original Testnet for now, but this blockchain will soon be closed for Nodes to use. Testnet will continue functioning as normal for Pioneers and Pi app developers—no actions are needed at this time, ensuring that Pi apps can maintain stability and performance without requiring extra work from Pi apps developers.
This allows easier future resets of Testnet2 that only affect Nodes, and won’t affect Pioneers and Pi apps that continue using the original Testnet.
If you run a Node and have not automatically updated to the new version, please download the updated Pi Node version here.
Impact on Open Network
As stated in the last Node update, Nodes are at the heart of decentralization for the Pi blockchain—accessible to any Pioneer with a computer connected to the internet—and their progress is vital for achieving Pi Network’s vision as we progress towards Open Network in 2024.
Node 0.5.0 means we’re getting closer to realizing the utility of our 200,000+ strong network of Nodes, unleashing their potential for the benefit of all Pioneers and the wider world.
Look forward to future updates as we develop Mainnet Nodes.
Pi Network aims to transition to Open Network in 2024, contingent upon meeting specific conditions and strategic objectives detailed in the announcement here. This transition hinges on the collective efforts from our community and the impact of external factors. For a full understanding of the requirements that influence our advancement towards the Open Network milestone, please refer to the full announcement.