Pi Network Mainnet code exposed! GitHub activity surges, global countdown begins

The core code repository of Pi Network shows intensive commit records on GitHub, with revisions of key files indicating that the mainnet module is actively under development. Screenshots shared by community promoters display timestamps ranging from a few hours to several days, suggesting that the development team is accelerating the full launch of the mainnet. This update aligns with the milestone event in December when the team tested the transition from the Enclosed Mainnet phase to full open access.

GitHub Commit Records Reveal Mainnet Deployment Progress

(Source: Github)

A Pi Network community promoter recently highlighted the latest GitHub commit records related to the core code repository. Screenshots show frequent revisions to critical files such as finalpimainnet_supreme.py, indicating that developers are completing the final development work on the core modules. Technically, the naming of finalpimainnet_supreme.py suggests it is the core executable of the final mainnet version, and its ongoing updates imply that the team is performing final debugging and optimization.

This GitHub activity demonstrates rapid backend system operations of Pi Network. Developers usually commit code intensively only during the preparation phase or major updates. The timing of this update is particularly critical, as it overlaps with the December milestone event. At that time, the team publicly tested the transition from the Enclosed Mainnet to the fully open Mainnet. Such testing typically marks the final preparatory stage before official release.

From an engineering perspective, fully opening the mainnet requires solving several key technical issues: stability of node synchronization mechanisms, scalability of transaction throughput, and compatibility with existing ecosystems. The activity on GitHub hints that these infrastructure components are steadily progressing. However, frequent code commits do not guarantee an immediate release schedule, as the final stages often reveal critical vulnerabilities that need fixing. The community interprets these activities as signals that “the mainnet is about to open,” but such optimism should be approached cautiously.

GCV $314 Dispute Divides Community

Pi Network exited the open mainnet state in early 2025, but its global rollout is still proceeding in stages. Current developments involve expanding access rights, merchant integration, compliance upgrades, and KYC optimization. However, the most controversial topic is the GCV (Global Consensus Value), which sets Pi’s internal valuation at approximately $314.159.

GCV supporters see this as a transitional indicator, intended to provide a reference value for internal transactions before the mainnet opens. They emphasize that GCV is calculated based on community consensus and practical value within the Pi ecosystem, not market speculation. Critics, however, argue that the $314.159 valuation lacks objective basis, and ultimately the external market will determine the true price through supply and demand. This debate has sparked fierce discussions within the community.

Three Factions in the Pi Network Community

GCV Believers: Insist on a $314.159 valuation, refuse to trade IOUs on external exchanges, called “Pure Pi Holders”

IOU Traders: Trade Pi IOUs on centralized exchanges, with current prices around $0.6-$0.8

Skeptics & Observers: Hold reservations about GCV, waiting for market pricing after mainnet opens

Articles by community promoters directly label opposition to GCV as taboo, while supporting GCV is seen as a sign of “genuine application mining participation.” This binary framing intensifies the divide between on-chain valuation supporters and exchange IOU traders. Once the mainnet fully opens, the large gap between GCV and market prices could trigger intense volatility.

The Final Stand of Pure Pi Holders

Community promoters’ messages are directly aimed at the so-called “Pure Pi Holders,” users who only mine Pi via the mobile app and have not purchased any IOUs on external exchanges. The tone is meant to reassure them, suggesting they stay calm and smile because Pi’s global promotion is about to be completed. This motivational approach has resonated strongly within the community.

Supporters point to the accelerated KYC process, updated release plans, and the latest developer logs as evidence of positive changes. KYC verification has long been the main bottleneck for mainnet opening, as only KYC-verified users can transfer mined Pi to the mainnet wallet. The recent speed-up in KYC processing is seen as a signal that the team is clearing the final hurdles.

Responses from community members show high optimism. They believe the activity on GitHub indicates the mainnet is essentially ready for unrestricted operation worldwide. Many express support for the GCV-based valuation model, viewing it as a symbol of community unity. However, this optimism also carries risks. If market prices after the mainnet opens fall significantly below GCV, it could trigger widespread disappointment and a crisis of confidence.

Opportunities and Challenges of Global Deployment

Pi Network claims to have over 50 million registered users, but the number of users who have completed KYC and hold transferable Pi is much lower. Fully opening the mainnet will be a key moment to verify the authenticity of this large user base. If a large sell-off pressure emerges post-launch, the $314 GCV valuation will be hard to sustain. Conversely, if merchant integration and practical applications within the ecosystem mature enough, they could provide fundamental support for Pi.

The current development trajectory shows the team is making final preparations for global deployment, but the timeline remains uncertain. The surge in GitHub activity is a positive signal, but code completion does not equate to immediate release. Regulatory compliance, security audits, and ecosystem readiness are critical factors. For “Pure Pi Holders,” maintaining faith in GCV entails accepting the risks posed by the large market-price gap relative to internal valuation.