Pi Network Prepares for Major Launch After Closing Central Node

The core team of Pi Network has officially closed the central node, marking a significant shift towards decentralization. This information comes after the network promised to announce a crucial ecosystem in line with the Consensus 2025 event in Toronto, starting today. Pi Network shuts down the central node before revealing the source code The core team of Pi Network is said to have closed its central node, which is indeed a significant step towards decentralization. The network has also announced plans to release its source code. “The core team of Pi has closed the central node, ready to release the source code. Pi Network will definitely stir up the Consensus 2025 event,” Pi Network VietNames shared on X (Twitter). The post highlights the shutdown of the central node and the network diagram seemingly confirms the removal of this node. This move aligns with Pi Network’s long-term mission to transition from a centrally controlled project. It aims for a fully decentralized blockchain secured by its proprietary consensus mechanism, improved IPoS ( proof of stake ). “No more FUD about centralized scams or hidden logic. If there are bugs or backdoors, you will know. If the consensus model is safe, you will see. This is trust on the blockchain,” explained Web 3 researcher and Pi supporter Tanner. The release of the source code of Pi Network as planned could increase transparency and community trust. This comes amid long-standing concerns about the project’s true decentralization. The mining model based on the introduction and the non-transparent governance structure of Pi Network raises questions about whether true decentralization can be achieved. Critics have pointed out that the supernode architecture of the network poses a risk of centralization. According to a report by BeInCrypto, the core Pi team still plays a dominant role in selecting Supernodes. This group also holds approximately 82.8 trillion PI, raising concerns about the concentration of power. The strategic moment when the consensus of 2025 begins The timing of these developments is not coincidental. In a post on May 8, Pi Network hinted at an important announcement that is likely to be officially revealed at Consensus 2025. This network has sparked anticipation, recalling a promising major disclosure in the Wednesday post. “I think the time has come. 05/14/2025—Pi is about to explode,” Pi UpdatesDaily revealed in a post. Amid the excitement of Consensus 2025, with the participation of Pi Network representatives, community members are looking forward to three events. In addition to the mysterious announcement about a large ecosystem on Wednesday, there will be “something WONDERFUL/BEAUTIFUL” happening on Thursday, May 15, and a speech by Dr. Nicolas from Pi Network in Toronto. “May 14: Announcement from the Pi Ecosystem, May 15: Hint about something AMAZING/VERY GOOD, May 16: Dr. Nicolas will personally speak,” Pi UpdatesDaily stated. Indeed, considering its weight as one of the largest phases of blockchain, Consensus 2025 could provide the Pi Network with an opportunity to redefine public perception. Concerns still exist regarding fraud complaints, mainnet shutdowns, and inaccessible fund transfers. Despite the claims of decentralization, users in some regions are still restricted by network limitations. Accessing features like “lightning” still requires a VPN. This highlights persistent accessibility issues and raises questions about the true openness of the Pi ecosystem. Meanwhile, other positive developments include updates for the Pi Network mining app and Pi Browser on the Play Store. “Both the Pi Network mining app and the Pi Browser app have new updates on the Play Store today, just before the official announcement is made,” a Pi community leader emphasized. Pi Network proudly has over 100 million downloads for the mining app and 10 million downloads for the Pi Browser. Despite the updates, Pi Network community members still wish to be listed on Binance, a milestone that is quite elusive. The Pi network can ultimately transition from a speculative mobile mining application to a legitimate Layer 1 protocol by demonstrating real progress in decentralization and open development.

In this context, the PI token of the Pi Network has increased by nearly 5% in the past 24 hours. This cryptocurrency is trading at $1.18 at the time of writing.