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$PI 👉Detailed Explanation of the Two Major Milestones V23 and V26👈
👉Detailed Explanation of the Two Major Milestones V23 and V26👈
Pi Network's V23 and V26 are key upgrade versions of its blockchain protocol, representing two major milestones: ecosystem launch and full openness.
V23: Smart Contracts and Ecosystem Activation
Main upgrades include:
Support for smart contracts (WASM/Rust), allowing developers to deploy DeFi, NFT, DApps, and other applications.
Native decentralized exchange (Pi DEX), supporting AMM and liquidity pools, enabling trading pairs like PI/USDT.
On-chain KYC system, embedding identity verification into the protocol to enhance compliance and trust.
Tokenization of RWA (Real World Assets), allowing assets like real estate and stocks to be on-chain.
Open AI App Studio, promoting the integration of AI and Web3.
This upgrade marks Pi's transition from the "user growth" phase to the "real utility" phase.
V26: Mainnet Launch and Global Commercialization
Main features include:
Full cross-chain interoperability, enabling deep integration between Pi and chains like Stellar.
Quantum-resistant encryption upgrade, enhancing long-term security.
Enterprise-level BaaS (Blockchain as a Service) and DID (Decentralized Identity), supporting business access.
Global payment commercialization, promoting Pi as a payment method among merchants worldwide.
V26 signifies Pi's transformation from a test ecosystem to a mature digital economy.