Pi Network Protocol 19 Upgrade: A Game-Changer for Transaction Speed and Blockchain Efficiency
The most recent mainnet upgrade to Protocol Version 19 is a significant step toward Pi Network’s goal of becoming publicly accessible. Faster transactions and seamless interoperability are just two of the many enhancements brought about by this upgrade, which has increased the network’s strength and effectiveness.
With the introduction of Layer 2 technologies, the upgrading has created transaction express lanes. Consequently, Pi Network’s performance and scalability have significantly increased, enabling it to process 1.19 million transactions per second. Pi Network is growing more competitive and efficient as a result of this enhancement.
Pi Network Enhances Blockchain Interoperability With Improved Bridging Capabilities
Pi Network‘s improved bridging capabilities, which enable it to effortlessly move assets and data between several blockchains, represent yet another significant improvement. As a result, Pi can now communicate with other networks more easily, increasing its utility and reach.
Pi Network is more adaptable within the larger crypto ecosystem due to its strong interoperability, which is crucial for growth. Only a small number of users can now access Pi Network because it is still in the testing stage. Yet, this update is a crucial step in the direction of its eagerly awaited Open Network launch, which anybody can access.
Open Network Launch Nears as Price Sees Yearly Surge
The most recent update from Pi Network represents a major advancement toward widespread use. With its increased interoperability, scalability, and emphasis on a seamless Open Network debut, Pi is establishing itself as a major player in the cryptocurrency market.
The Pi Network price has increased by 46.20% in the past year. Just the last seven days have seen a 3.37% increase in the price. The price of Pi Network is currently $44.43, and the network’s 24-hour trading volume is still $195.88. But during the past 30 days, the price has lost at least 6.86% of its value.
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