Pi Network V25 Protocol Upgrade + App Redesign: Official Announcement Full Breakdown

This official announcement includes three core updates: V25 protocol technical upgrade, a comprehensive redesign of the mining app interface, and simplified wallet creation flow—along with a preview of the upcoming V26 mainnet version. Below is a layered breakdown.

I. V25 Protocol Upgrade (Official Update on July 22)
1. Core technical update: Zero-knowledge proof privacy architecture implemented
The protocol introduces the BN254 encryption algorithm and the Poseidon hashing algorithm, fully integrating a zero-knowledge proof system. Developers can build privacy-protecting DApps.
The core role of zero-knowledge proofs: users do not need to disclose personal privacy data externally to complete identity verification and credential proofs. While meeting compliant KYC review requirements, it maximizes users’ privacy protection and perfectly fits the stringent data protection regulations of the EU MiCA and the U.S. CLARITY Act.
Before the V25 version, this privacy architecture was difficult to roll out in the ecosystem. This upgrade fills key underlying shortcomings.

2. Network operating requirements
All nodes must complete the V25 version upgrade to maintain normal network connectivity. The official also previewed V26 as a major upcoming version, laying technical groundwork for the subsequent mainnet migration.

3. Deep value: Adapting to global regulation
Zero-knowledge proofs are currently an essential technology for Web3 projects to meet data compliance requirements across different countries. After V25 is completed, Pi’s underlying architecture can satisfy the MiCA GDPR privacy provisions, establishing a technical foundation for full overseas compliance.

II. A Whole New Mining App Interface Redesign (Iterative in Steps; This Is Phase One)
1. Redesign background
The official collected long-term feedback from tens of millions of pioneers and launched a major redesign of the launch interface. This update changes the sidebar menu and the personal profile page; future iterations will continue to upgrade all interfaces.
The project currently has more than 60 million active users. Since the main interface is a core gateway to the ecosystem, it must balance usability and clarity.

2. Specific changes
Redesigned sidebar: all mainnet lists, mining data, ecosystem applications, and node functions are集中展示 in one place, with a more orderly layout
· Personal homepage optimization: account verification, security settings, and invitation link categories arranged more clearly; clearer logic
Added a dark mode to adapt to different usage habits; the overall visual design is comprehensively optimized to lower the operational barrier for new users.

3. Design principles
No changes to the core mining mechanics—only optimization of the user interaction experience. It uses a gradual, step-by-step update approach to avoid large changes that could disrupt long-time users’ habits.

III. Simplified Mainnet Wallet Creation Flow: Remove the Third-Party BANXA Option
1. Logic adjustment
The platform includes a built-in quick KYC verification channel. Users can complete identity verification and create a mainnet wallet directly inside the App, without being forced to jump to the third-party provider BANXA.

2. Additional explanation
BANXA is still a compliant service provider with KYB qualification and has not been banned or revoked. Users can still choose to use it voluntarily; it just will no longer be a mandatory option for wallet creation.

3. Practical significance
Reduces third-party middle layers, lowering the complexity of user operations, and also reduces compliance risks brought by third-party platforms—aligning with the project’s long-term direction toward self-sovereignty.

IV. Overall Summary and Next Steps
1. Technology: V25 completes the zero-knowledge privacy foundation, addressing the biggest compliance technical gap and paving the way for the V26 mainnet upgrade;
2. Product: continuously optimize the App experience, simplify operations, and adapt to a large number of ordinary users;
3. Compliance: the privacy architecture and self-managed KYC system are designed to adapt to regulatory frameworks across countries worldwide and to advance the rollout of overseas licenses such as MiCA.
4. Timeline: V25 goes live on July 22. After completing testing, the V26 mainnet migration plan will be initiated.