Celebrating Pi2Day Ahead of Open Network: To New Beginnings!
By
Pi NetworkJune 28, 2024
Pi Day
Share
8350
Home »
Blog » Celebrating Pi2Day Ahead of Open Network: To New Beginnings!
Please accept cookies to access this content
Pi2Day 2024 marks an essential milestone for Pi Network—it’s the last Pi2Day before we launch Open Network!
As detailed in the
Open Network conditions in December 2023, our path to Open Network relies on collective efforts of the whole Pi community, including the Core Team, community developers and all Pioneers. Due to the amazing contributions and innovations of the whole community,
we made great progress and are right on track.
Thus, for today’s Pi2Day celebration, we’ll share updates on the progress made in the Open Network conditions, review product updates and releases since Pi Day (March 14, 2024), introduce new releases today presented in the corresponding sections of the product and tech updates, glimpse into the next initiatives that will advance the network towards our Open Network goals, and initiate a community event for celebration – a new Pi2Day Open Network Challenge!
But first, we are thrilled to announce that the Pioneer community has now reached over
60 million Engaged Pioneers!
Open Network Conditions and Status
Today, we have updates on the progress of our
three key conditions for Open Network.
- Finish any Open Network preparation work in technology, product, business, and legal ***owing the consistent strategies of Pi Network
The Core Team continues to stay on track for this goal. The majority of this announcement, in the next sections, will be dedicated to the progress made and some future initiatives in the various areas of the project moving towards Open Network.
- Meet network KYC, migration, and utility creation goals
When setting our timeline, we established three goals that are primarily driven by community efforts:
First, 15 million KYC’ed Pioneers. At this time, we have over
12 million KYC’d Pioneers, up from 9.45 million on March 14, 2024. Many KYC corner cases were unblocked to facilitate this increase, and acceleration is expected with more changes and community mobilization initiatives.
Second, migrate 10 million Pioneers to Mainnet. We currently have
5.79 million Pioneers on Mainnet, compared to 4.5 million on March 14, 2024. We have made and will continue making changes that will accelerate Mainnet migrations. Keep reading for the details later in this post.
Third, 100 Pi apps that (1) are on the Mainnet or are Mainnet-ready, (2) comply with the Pi platform policies, (3) solve a true need and bring utility to the Pi ecosystem, and (4) are a distinct application. We now have over 70 Mainnet or Mainnet-ready Pi apps that meet these criteria, up from 50 on March 14, 2024.
- No Unfavorable External Environment
We control the Open Network launch date. That lets us avoid launching at a time when global factors might harm crypto and traditional business ecosystems. While we don’t anticipate any such events currently, we won’t ignore them, either. We will work to ensure our launch is timed for the best results for the network.
That’s the summary. Here are the details:
Tech & Product Progress Towards Open Network
Since the Pi Day announcement, the Core Team has continued to focus on advancing Open Network preparations, including the key priorities of KYC, Mainnet migrations, Nodes, and other initiatives like growth and post-migration lockups. Efforts to build utility and a robust community through Pioneer connections, social antiestéticatures and community events also continued. These align with the Enclosed Network goals of achieving critical mass of verified Pioneers on Mainnet, completing Open Network preparations, and diversifying Pi cryptocurrency utilities.
Read on to learn more, and engage with the new updates that are available to you!
As always, this tech and product update focuses on the antiestéticatures and work items that are visible, relevant and interesting to Pioneers, omitting much work in the backend but still important.
KYC
The Core Team has developed several methods to help Pioneers pass KYC at various points in the application, validation, and approval processes.
New Releases: This week, we released a new antiestéticature to unblock many Pioneers in the KYC process. A
password-change requirement was added in the Mainnet Checklist for some Pioneers, after the completion of which they will make sure their account is secure before proceeding in the KYC. And today, we’re introducing a
new appeal functionality, which for the first time allows Pioneers to appeal some KYC rejection decisions and present their case for a second opinion if they disagree with Validators’ judgment.
Since Pi Day, we have released numerous KYC antiestéticatures and improvements to resolve stuck applications and help advance them to the next stage of KYC, such as adding the left-and-right face angles capturing in the liveness check to improve accuracy and reduce chance of delay in liveness checks, and
multiple liveness checks for applicable cases, including those with tentative KYC status that will help them advance into next step. Over 1.78 million Pioneers have completed at least one liveness check during its gradual rollout over the past two months.
A resubmission ability was offered to many cases where resubmission would be helpful in unblocking them. Clearer instructions on the next actions to take across the KYC app and Mainnet Checklist were provided to people who were stuck and didn’t know what to do. We also rolled out various fixes and improvements over Q2 that addressed blockers for different stuck corner cases due to missing fields, image obfuscation, video conversion failures, face extraction, backside of some ID document processing, ID type selection and ID upload errors and other background technical processes.
The
user interface and experience has been improved throughout the KYC process to help guide Pioneers in accurately completing their applications, with
tras*lations now available throughout the KYC process,
improved instructions for both Pioneers and Validators to smoothen the process, more informative feedback on incorrect entries, all of which help prevent future stuck cases and reduce the chance of being blocked for applications.
In order to facilitate
faster and more accurate KYC validation, we’ve released various improvements to help Validators, including improved algorithms and more refined and practical rejection reasons based on data analysis.
For upcoming work, we’re working on analyzing data from all overall liveness antiestéticatures to improve the liveness verification accuracy. This will also help inform the evaluation process that determines if a tentative KYC can tras*ition to fully KYC status—unblocking such applications to move forward afterwards.
To learn more about Pi KYC and its importance for Pioneers and Open Network, check out the ***owing resources:
Mainnet Migrations
We’re continuing to improve the
recent update that drastically
upgraded the speed of Mainnet migrations. The update, the result of diligent testing, technical optimizations, and numerous revisions, has increased the efficiency and overall capacity of the migration process, allowing for up to double the migration speed. This upgrade enabled the community to take advantage of the speed to migrate faster, and allowed us to make continued improvements. More changes to accelerate the migration process are being planned and worked on to be released in Q3.
The
Mainnet Checklist optimization helps to facilitate higher completion rate, and propel the network migration to the Mainnet; all Pioneer-dependent steps have been clustered earlier in the list to allow for smoother completion, reducing drop offs in between approvals and Pioneer actions. This means that once a Pioneers passes KYC they will automatically be added to the migration queue.
In addition to further improvement on migration speed in Q3, we plan to implement notifications for Pioneers once they’ve successfully migrated to Mainnet in the coming months! This will keep Pioneers informed of their migration status and encourage them to start engaging in utility activities on Mainnet, contributing to other Open Network goals.
New Release: On-Chain Lockups
Starting this week, Pioneers who’ve successfully migrated to Mainnet can voluntarily create a new lockup on the blockchain! This antiestéticature addresses the need for Pioneers to create a lockup after migrating, and allows migrated Pioneers to make use of their migrated Pi for lockup mining rewards if they choose to. Creating a new lockup for Mainnet migrated Pi in the Pi Wallet will boost individual mining rates based on the same lockup rewards mechanism detailed in the
2021 Whitepaper, which then helps to support a robust and stable ecosystem and incentivize long-term engagement with the network. More detailed introduction of this antiestéticature will come in future announcements.
Nodes
To prepare Nodes for Open Network, we’ve released Node version updates from 0.4.9 to 0.4.11 that enhance Node analytics, standardize the Node application across geographic regions, and further lay the groundwork for future developments in Node selection and decentralization. We’re also planning a mechanism for Nodes to support switching between the Testnet and Mainnet blockchains. With over 200,000 Nodes on the Pi Testnet waiting for the tras*ition to Mainnet, Pi Nodes have immense potential for large-scale, decentralized computing.
Learn more about the recent updates.
Platform/PiNet:
The Pi Platform’s major work in Q2 focused on the creation and implementation of the Pi Ad Network, with additional work completed on
PiNet and Developer Tools. Such work is important for the Pi ecosystem and achieving the Open Network goals in utility creation.
Pi Ad Network is a new component of the Pi Platform, and a platform-level utility, which facilitates community developers to add advertisements that will be ultimately tras*acted in Pi cryptocurrency into their Pi Apps, and help such apps be more sustainable. Pi Ad Network was rolled out in Fireside Forum earlier this year as part of the testing for this antiestéticature.
New antiestéticatures were developed that make it possible for Community Pi App Developers to begin using the platform and get paid for the advertisements that they show to Pioneers. There is an initial batch of community Pi Apps preparing to integrate this new platform antiestéticature, and a larger roll out coming quickly after. Read more about
platform-level utilities and the
Pi Ad Network for the design and plan.
PiNet saw growing adoption amongst community Pi Apps, making more Pi Network content and utilities available to the broader Web3 and Web2 ecosystems. PiNet also had improvements and bug fixes throughout the Q2; most notably, the migration of Pi apps domains to pinet.com, providing unified user experience of Pi ecosystem across Pi Browser and other browsers through Pinet.
Geolocation was enabled for Pi Apps, allowing developers to request Pioneers to consent and share the location of their device within the Pi Browser; this is currently only available for non-Android devices, with a roll out to Android devices planned in the near future. This popularly demanded antiestéticature by Pi app developers increases the functionality of the Pi Browser and facilitates the development and services of Pi apps requiring location information, such as local commerce apps, and will boost Pi utility in location-based businesses.
Developer Wallets creation has begun and developers are starting to receive the sending and receiving wallets that they previously applied for. This will help secure the ecosystem and protect developers as well as Pioneers with improved security of the Pi held by Pi apps.
Read more about what these wallets are and how they help developers and the ecosystem.
Pi App Incubator
The inaugural Pi App Incubator Program, an intensive 12-week program designed to support the growth and improvement of community Pi Apps, concluded in June 2024. The program that ran during the entire Q2 was designed to help Community Pi Apps get the support and resources needed to improve, and to help progress toward our goal of 100 Mainnet Apps.
The first cohort of five community Pi Apps, Connect Social, PiketPlace, The PiToGo, World of Pi Championships, and Pailot, received product and design mentorship along with a monthly monetary grant. The participating community teams made tremendous improvements, and the Pi Core Team will be taking the learnings from the first cohort to update the program and launch a second cohort later this year.
New Release: Pi Social Profiles
The initial social profile system is released today on Pi Network. Pi is not only a
cryptocurrency but also a
social network. We’ve been a social network for the past few years without a profile system for strategic reasons such as prioritizing actually having real people in a network. Having reached a network of millions, we are at the time to have profiles. Pi Social Profiles is built not only to fit the needs of individual Pioneers to have a profile page to interact with other Pioneers and external social media , but also to be a platform antiestéticature that can be integrated into different parts of the ecosystem such as different Pi apps and programs that need profiles.
This antiestéticature now allows Pioneers to
personalize their profiles with details such as a profile picture, Fireside Forum, and the ability to friend and ***ow fellow Pioneers. The goal for social profiles is for Pioneers to build their own interactive experience within the network, and build up and bridge influence inside and outside of Pi network. It will eventually be seamlessly integrated throughout the Pi ecosystem, such as enabling the antiestéticature as a developer resource. The unified social profile system of the network will help the ecosystem to be more interconnected that can boost existing utilities and give rise to new utilities, and assist the network to further grow and expand.
Fireside Forum
Regular Art Festivals have been launched with art mediums not limited to visual and graphic design! The Art Festivals in
May and
June were focused on photography and music, respectively, with incredible participation for each and also enriched the Pioneers experience with more interesting content in the new feed on the app home screen and also on Fireside Forum.
As such festivals were conducted on the Fireside Forum, numerous improvements on the app were made, such as improving
the algorithm that chooses posts for the main app feed.
We’re continuing to
improve decentralized moderation on Fireside Forum after feedback from Pioneers and moderators, so everyone can enjoy a fully decentralized social experience where you will be able to select and moderate content based on the community guidelines.