Pi Network announces potential groundbreaking disclosure at Consensus 2025, sparking speculation about a possible Binance listing.
Article Title: Pi Network Shuts Down Central Node: A Leap Towards Decentralization
User base explodes as Pi Network moves towards full decentralization
The Pi Network community is buzzing with excitement as the project moves closer to its next big milestone. With an increasing user base of over 60 million, the spotlight is on Pi as it gears up for the upcoming Consensus 2025 event, a moment that has the potential to reshape the fortunes of this ambitious blockchain project.
π seconds, π dollars, and big changes: Pi Network's leap towards decentralization
The Times of PiNetwork broke the news on May 14 via its official X account that the Pi Network has shut down its central node, indicating a significant stride towards decentralization. Years of controlled development under the Core Team have led to the Pi Network's existence in a tightly managed environment. This latest upgrade signifies the shift towards a community-driven infrastructure, aligning with the pioneering Web3 vision.
In a tweet that sent ripples across the crypto community, Pi Network announced, "π Node @PiCoreTeam has closed the central node, ready to release the source code π."
👏 Breaking! Pi Node @PiCoreTeam has closed the central node, ready to release the source code π - PiNetworkVNes #Consensus2025 is sure to explode... Is Pi Network going to make history?
- The Times of PiNetwork (@PiNetwork24X7) May 14, 2025
The team also hinted at the release of Pi's source code, a long-sought request from the community. Releasing the code would open the doors for third-party developers to build tools and dApps on the Pi Network, bolstering the credibility of the ecosystem and triggering new use cases.
Connect, upgrade, or get left behind: the mandatory Horizon upgrade
To remain connected to the network, all Pi Node operators are now required to upgrade to the latest Horizon version. Failure to do so could result in disconnection and potential exclusion from future consensus participation. The urgency behind this upgrade underlines the Core Team's firm stance on network readiness ahead of Consensus 2025.
Consensus 2025: A turning point for Pi Network?
As Consensus 2025, one of the blockchain industry's premier annual events, looms on the horizon, speculation is rife. Pi Network is expected to make game-changing announcements at the event, with early rumors suggesting:
- A long-anticipated Binance listing
- Integration of a native DeFi protocol
- Collaborations with key tech players like Google Cloud or Visa
The presence of influential figures like Vitalik Buterin, Michael Saylor, and Pi's own Dr. Nicolas Kokkalis only fuels the anticipation.
Although no official announcements have been confirmed yet, the strategic timing and the Core Team's accelerated technical moves hint at big developments on the horizon. A Binance listing alone could catapult Pi Coin into the global limelight, driving liquidity, investor confidence, and real-world utility.
Community frustrations and accusations of centralized behavior
Despite the progress, some community members express frustration over ongoing limitations in token accessibility. The unofficial price of Pi Coin has taken a 15% dive in the past 24 hours due to these constraints. Criticism from the Chinese community, who see Pi as falling short on its openness and broken timelines, further fuels the dissent.
The Core Team insists that full access will only be granted once the network demonstrates long-term stability, decentralization, and security. However, these assurances haven't silenced the skeptics.
Can Pi Network deliver, or will Consensus 2025 reveal its limitations?
With a global audience awaiting Pi Network's announcements at Consensus 2025, the stage is set for the project to prove its mettle. If even a fraction of the speculation turns out to be true, Consensus 2025 could mark the beginning of a new era for Pi Network, potentially heralding one of the largest blockchain onboarding events in crypto history. Until then, time will tell if Pi Network can live up to its promise and deliver the breakthrough expected by the community.
- The Pi Network's decision to shut down its central node signifies a significant step towards decentralization, aligning with the Web3 vision.
- With the closure of the central node, the Pi Network is expected to release its source code, opening opportunities for third-party developers to create dApps on the network.
- To remain connected to the network, all Pi Node operators are required to upgrade to the latest Horizon version, underscoring the Core Team's focus on network readiness.
- Influential figures like Vitalik Buterin, Michael Saylor, and Pi's own Dr. Nicolas Kokkalis are expected at Consensus 2025, fueling anticipation for Pi Network's announcements.
- Early rumors suggest that Pi Network may announce a Binance listing, the integration of a native DeFi protocol, and collaborations with tech players like Google Cloud or Visa at Consensus 2025.
- Despite the progress, some community members express frustration over ongoing token accessibility issues and accusations of centralized behavior.
- The Core Team insists that full access will only be granted once the network demonstrates long-term stability, decentralization, and security.
- Should even a fraction of the speculation prove true, Consensus 2025 could mark the beginning of a new era for Pi Network, potentially heralding one of the largest blockchain onboarding events in crypto history.
- Until Consensus 2025, it remains to be seen if Pi Network can deliver on the expectations of its community and make a breakthrough in the realm of finance, business, and technology.
