Pi (PI)

Some Things That Some Pioneers Still Misunderstand # part 2

5) Because Pi has a large number of nodes, it is currently on a path toward strong decentralization

Like Stellar, Pi can operate perfectly well with only dozens or perhaps a few hundred validators.

So why does Pi continue to maintain hundreds of thousands of Testnet nodes and reward their operators with mining bonuses?

The answer may be related to AI collaboration.

Nicolas understands that the combined computing power of the Pi node network is enormous. That is why he has been exploring ways for projects such as OpenMind and other AI startups to make use of these resources while building their ecosystems on top of Pi.

From this perspective, it may be more reasonable to view most Pi node operators—except for a relatively small number of actual validators—as contributing computing power to Pi's long-term AI vision rather than directly helping to validate the Mainnet ledger.

In return, they receive Pi mining rewards for providing those resources and supporting the future ecosystem.

6) Mined Pi and exchange Pi are the diffenrent Pi.

This is one of the most persistent myths in the community.

Anyone who understands how blockchain works knows that this idea makes no sense.

It would be like claiming that a freshly printed $1 bill has a different value from a $1 bill sitting in your wallet or a bank vault.

Pi is a fungible token (FT), not an NFT.

The reason it is called fungible is because every Pi coin can be exchanged on a 1:1 basis with any other Pi coin.

Whether Pi is held on an exchange, in a personal wallet, or inside an app ecosystem, it still exists on the same Pi blockchain and can move between addresses.

Hundreds of thousands of users have already experienced buying Pi on exchanges, transferring it to personal wallets, locking it on-chain, and using it within Pi apps.

7) Pi's TPS is 70,000.

This is one of the rumors that keeps circulating, but it doesn't match the available information.

TPS simply means — the number of transactions a blockchain can process in one second.

The problem is that many projects use their maximum theoretical TPS for marketing purposes, and some even publish numbers that are difficult to verify. Because of that, TPS alone should not be used as the only measure of a blockchain's performance.

Let's look at Stellar as an example.

Stellar is currently configured to handle around 200 TPS in practice, although some reports suggest it could potentially be optimized to reach much higher numbers ( ex 5k ~6k TPS ) under certain conditions.

If you look at the Stellar network today, transaction processing generally operates in the range of 100–200 TPS.

What about Pi?

Since Pi inherited much of its underlying architecture from Stellar, there is no reason to expect a dramatic difference.

In fact, Pi's Whitepaper states:

"Pi expects to achieve transaction finality faster than Bitcoin and possibly slower than Stellar, and process more transactions per second than Bitcoin and possibly fewer than Stellar."

In other words, Pi is expected to operate at roughly the same level as Stellar or potentially somewhat lower.

More importantly, Pi does not currently need extremely high TPS.

If you look at the current network activity, Pi is processing far less than even 2 TPS on average. The network simply isn't under the kind of load that would require tens of thousands of transactions per second.

So when people in the community go around proudly claiming that Pi can handle 70,000 TPS, it doesn't help the project. To people who understand blockchain technology, those claims can make Pi look misleading or even scam-like

#Pi #Pinetwork #Picoin #파이 #파이코인 #파이네트워크

Some Things That Some Pioneers Still Misunderstand

1) "Pi is still in the Enclosed Mainnet phase."

Pi officially launched its Open Network in February 2025 and was listed on exchanges. Since then, more features have been activated.

Some people still claim that Pi is somehow still in a "closed" phase because of centralization concerns, and that the real Open Network launch is still coming. That is simply not true.

The definitions of "Open" and "Enclosed" in Pi are not standard terms used across the blockchain industry. They are specific phases and milestones defined by the Pi Core Team.

So even if Pi has not yet reached the level of decentralization that some people hope for, it is still officially in the Open Network phase today.

There will not be another separate "Open Network launch" in the future, because the Open Network has already been launched. The discussion now is about how Pi may continue to evolve and become more decentralized over time.

2) Core team said there would be no more Pi2day event.

🚨 2 Major Red Flags This Week for pi-network:native Network as Price Dumps 10% in June.

pi-network:native Coin has dropped around 10% this month as weak demand and broader #market uncertainty continue to weigh on price action.

The #analysis highlights two key concerns: a 127.5M PI token #unlock over the next 30 days and weakening market #momentum, with $0.14 remaining a key level to watch.

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