A New Perspective Emerges: From Limited Network to Open Mainnet
More than two years ago, discussions surrounding the
"Limited Network" began while the Pi Network community eagerly
awaited the launch of the Open Mainnet (OM), aligning with their initial
expectations. At that time, few fully understood the significance of this phase
or how it would shape the future of Pi Network’s ecosystem.
Now, after significant progress and time, Pi pioneers appear
to be gaining a clearer understanding of this process. Pi Network is not merely
building a blockchain platform; it is developing a decentralized ecosystem that
involves millions of users globally. This evolving perspective has been
highlighted by PiNetworkWeb3B, a prominent figure in the community, who
previously emphasized the importance of the Limited Network phase in shaping
the Open Mainnet’s future.
What is the Limited Network?
The Limited Network is a crucial period in Pi Network’s
development, where access to the network remains restricted to pioneers who
have successfully completed KYC (Know Your Customer) verification and migrated
to the Mainnet. It serves as a transitional phase before the network opens up
entirely to the public, known as the Open Mainnet.
During this phase, Pi Network focuses on testing the
network’s stability, enhancing security, and ensuring the ecosystem can support
millions of transactions efficiently. While some users may perceive this phase
as slow progress, it is, in fact, a critical step in ensuring the network is
both reliable and secure before the full-scale launch of the Open Mainnet.
Shifting Understanding Among Pioneers
In recent years, many pioneers have expressed confusion
regarding the difference between the Limited Network and Open Mainnet. Initial
expectations within the community often assumed that the Open Mainnet launch
would occur soon after the first migration phase to the Mainnet. However, with
further explanations from the Pi Core Team and the observation of ongoing
developments, pioneers are now beginning to grasp the pivotal role that the
Limited Network plays in refining the Pi Network ecosystem ahead of the Open
Mainnet.
PiNetworkWeb3B, an active community member across various
platforms, has spoken about how the Limited Network phase would prove to be a
critical moment that many initially overlooked. Now, more pioneers are
beginning to see the bigger picture: the Open Mainnet isn’t just about public
access; it’s about ensuring that the network is prepared to support the
real-world value and utility expected by the global community.
Focus on Security and Validation
One of the primary reasons the Limited Network phase has
extended longer than anticipated is the Pi Core Team’s emphasis on security. In
a decentralized blockchain world, threats such as cyberattacks, data
manipulation, and fraudulent activities pose significant risks. The Pi Core
Team is committed to ensuring that the network is resilient against such
threats.
During the Limited Network phase, rigorous testing of the
system and security processes has been ongoing. Additionally, KYC remains a top
priority to ensure that every user within the Pi ecosystem is a legitimate
individual, not a bot or fraudulent entity. The success of the KYC process will
serve as the foundation for Pi Network to emerge as a truly decentralized and
trustworthy blockchain ecosystem.
What to Expect from the Open Mainnet
As time progresses, pioneers are getting closer to the
much-anticipated Open Mainnet launch. This phase, expected to occur by the end
of 2024, will fully open the network to the public, allowing Pi Coin to be
traded on global exchanges and used within various decentralized applications
(dApps).
However, it’s important to understand that the Open Mainnet
is not just about opening the network to the public. It is also about creating
an ecosystem that fosters innovation and collaboration on a global scale. With
more applications being built on Pi Network and the potential for new
partnerships, the future of Pi Network looks increasingly promising.
Conclusion
Over the past two years, the way the community views Pi
Network has changed significantly, particularly concerning the role of the
Limited Network. What was once seen as a delay is now understood to be an
integral part of the preparation process for a more secure and stable Open
Mainnet.
With this new, clearer perspective, pioneers are poised to
embrace the forthcoming Open Mainnet launch with high hopes. Pi Network is not
just building a blockchain network; it is creating a global community united by
a vision to develop a cryptocurrency accessible to all.
HokaNews Launches New Telegram Channel for Latest Airdrops
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Source: PiNetworkWeb3B
