- Pi Network is one of the biggest crypto projects in the world.
- It has millions of Pi pioneers and over 2 million Twitter (X) followers.
- Pi Network is set to publish its roadmap later this year.
Pi Network, the highly popular cryptocurrency project, remained in its enclosed mainnet as the number of miners and active participants in the ecosystem fall. A key concern among many Pi coin holders is that the transition from the mainnet to the token listing has taken quite a long time.
The most recent Pi Network news came out on Wednesday when a mod in the ecosystem confirmed that the developers will release the roadmap for the project by the end of the year. The Pi core team is yet to confirm this.
As I have written before, many Pi Network miners have complained about the continued delay of the mainnet launch. That’s because many of them have been in the ecosystem since the developers unveiled it in 2018. Five years is a long time to keep mining and not being able to use the token.
The developers have explained the reasons for this delay. First, they believe that the delay is warranted as they build the Pi Network ecosystem. In the past few months, hundreds of developers have built dApps in the ecosystem.
Pi Network hopes to have a robust ecosystem of dApps with real usage before they open it to the rest of the world.
Second, Pi developers have argued about the need for Know Your Customer (KYC) in the ecosystem. They have now been verifying all existing coins and linking them to real users.
Most importantly, the Pi core team has not provided a timeline when the coin will move to its mainnet. This means that it could take more years than most people expect.
There are a few schools of thought on this delay. One of the most prominent one, as I have written before, is that the developers are happy with the delay as long as they are making money by advertising in the apps.
For starters, Pi Network is a popular network that had over 40 million users at its peak. Its aim is to become the best Bitcoin alternative by being easy to mine, cheap to transact, and with its ecosystem. It also aims to gain widespread acceptance internationally.
