Pi Network Protocol Upgrade to Version 19: Gas Fee of 0.00001 Starting January and Limited Network Phase v2 Plans Before v20 Open Mainnet Release - hokanews
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Pi Network Protocol Upgrade to Version 19: Gas Fee of 0.00001 Starting January and Limited Network Phase v2 Plans Before v20 Open Mainnet Release - hokanews
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Pi Network Protocol Upgrade to Version 19: Gas Fee of 0.00001 Starting January and Limited Network Phase v2 Plans Before v20 Open Mainnet Release - hokanews
hokanews.com - Pi Network, a rapidly evolving blockchain platform, is set to bring about significant changes in the upcoming January. The Pi Network protocol will undergo a substantial upgrade to version 19, promising a lower gas fee of 0.00001.
This upgrade will pave the way for a new phase, Limited Network Phase v2, as previously announced. Limited Network Phase v2 is designed to fortify the foundation before the release of v20 for the open mainnet.
One of the most striking aspects of this upgrade is the reduction in gas fees. With lower costs, it is expected that accessibility and participation in the network will significantly increase. This will provide an opportunity for more users to engage in transactions without the concern of high fees.
The plans for Limited Network Phase v2 represent a strategic step to strengthen the overall infrastructure of the Pi Network before launching v20 for the open mainnet. This phase is expected to finalize various adjustments and refinements needed before moving into the next stage.
Pi Network's commitment to enhancing user experience and network efficiency becomes increasingly apparent with these steps. These changes reaffirm Pi Network's role in building a robust and sustainable ecosystem in the blockchain world.
While users eagerly anticipate the upgrade to version 19 with lower gas fees, Pi Network remains focused on improvements and enhancing functionality to maintain user expectations and trust in the platform.
With these steps taken, Pi Network aims to become one of the pioneers in providing innovative solutions and expanding accessibility to blockchain technology for all.
The protocol will be upgraded to version 19, with a gas fee of 0.00001 starting in January, and the commencement of Limited Network Phase v2, as previously mentioned. This will occur before the release of v20 for the open mainnet @SorobanOfficial pic.twitter.com/Po3BEQp0Tg
— Pi Network Web3🧑🏻💻 (@PiBelimed) November 30, 2023
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