Protocol 28 Mainnet Upgrade Live as Pi Network Prepares Three-Day Developer Summit
MoneyCheck
Pi Network verified that its blockchain upgrade went live ahead of an inaugural Ecosystem Summit scheduled for mid-November. The PI token gained approximately 3% on October 29, approaching the $0.08 level after experiencing several weeks of downward pressure. The platform also rolled out updated desktop functionality and revealed ongoing exploration of stablecoin payment systems. On October 22, Pi Network disclosed that its Mainnet successfully transitioned to Protocol 28 on October 16. Questions had circulated about whether the technical rollout occurred as scheduled, prompting the team to issue a verification statement. The protocol enhancement delivers improved management of transaction data that arrives with delays. Additionally, developers gain the ability to batch multiple smart contract updates and implement security-conscious modifications to application-stored data.
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