Pi Network’s Latest Update Explained – And Why It’s a Big Deal
TL;DR
- The workforce behind Pi Community launched a brand new replace only a few days in the past that many customers had wished for years – help for Linux.
- Right here’s why the Core Group believes it might be a game-changer, not less than for these opting to make use of the choice OS.
Why the Linux Addition Issues?
As CryptoPotato reported on the finish of final week, the Pi ecosystem has expanded its OS capabilities past Home windows and Mac with the discharge of its Linux Node software program. The move goals to reinforce the mission’s decentralized spine, because the workforce can be getting ready for a significant protocol improve from model 19 to 23.
Clearly, the introduction of a 3rd OS different permits for better flexibility for builders and companions. Till now, lots of them needed to depend on customized node builds to work with Pi’s infrastructure. Now, they’ll migrate to standardized node software program, which ought to guarantee quicker upkeep, smoother protocol updates, and total community consistency.
For the tech-savvy, the Linux Node permits better participation within the ecosystem, despite the fact that it’s indirectly linked to mining rewards. It nonetheless offers broader accessibility for devs and open-source contributors preferring such environments.
The aforementioned improve from model 19 to 23 is taken into account probably the most bold one for the protocol but. It’s influenced by Stellar and goals to convey expanded performance and improved management layers. Its rollout will probably be staged in just a few steps to reduce disruption:
- Testnet1 upgrades start this week, with minor outages attainable as the brand new group node container is deployed.
- Testnet2 and Mainnet will comply with within the coming weeks, bringing the complete ecosystem to protocol model 23.
- Brief outages can also have an effect on centralized exchanges (CEXs) as they adapt to the improve.
This improve additionally goals to handle a number of the KYC points with the mission, however we’ll dedicate a separate article on this, as there has already been group backlash or doubts, to say the least.
PI Token Reacts
Maybe pushed by these optimistic developments inside the broader Pi ecosystem, the protocol’s native token is among the many few that ended the week in the green. Not like most of its altcoin brethren, PI has jumped by over 5% since this time final week and trades near $0.37 as of press time.
Recall that the asset plunged to a brand new all-time low on August 26 of $0.33 (on CoinGecko) however has recovered 10% of worth since then. Nevertheless, it may face some enhanced promoting strain within the following days because of the massive variety of token unlocks scheduled for September 2 and September 6. After that, although, the unlocks ought to scale back the strain, not less than in concept.
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