Pi Network is ready to upgrade to version 23.

——and start the Linux node

While Stellar has achieved a milestone, Pi Network announced plans to upgrade from Protocol 19 to Version 23. This upgrade is based on Stellar Protocol 23 but is customized for the Pi ecosystem. The main updates include:

Linux Node Release:
Pi Network has released a Linux version of its node, complementing the existing Windows and macOS platforms. This long-awaited feature enhances accessibility and decentralization. The Linux node allows partners and service providers to adopt standard node software with automatic protocol update capabilities, replacing customized versions, thus improving stability and simplifying maintenance.

Protocol upgraded to version 23:
The new version will integrate the features of Stellar Protocol 23 and add custom functionalities and controls, particularly support for smart contracts. The upgrade will be carried out in phases: Testnet 1 will launch this week, while Testnet 2 and the mainnet will be launched in the coming weeks. There may be brief service interruptions, which will be communicated in advance to partners and the community.

KYC integrated into the protocol:
Version 23 will embed KYC verification directly into the blockchain, enhancing regulatory compliance, and in the future, will enable the decentralized delegation of KYC permissions to trusted entities. This solidifies Pi Network's position as a leading blockchain with tens of millions of KYC-verified accounts.

The upgrades of Stellar and Pi Network mark a key step in building a fast, cost-effective, and developer-friendly blockchain infrastructure. Through Protocol 23, Stellar has enhanced its role in supporting decentralized finance (DeFi) and the tokenization of real-world assets. Meanwhile, Pi Network has adopted Stellar's advanced technology and launched Linux nodes, demonstrating its commitment to expanding accessibility and building a robust Web3 ecosystem.
The Pi Network community has over 60 million global users, and they expect version 23 to unlock new use cases for PiCoin, ranging from DeFi to cross-chain asset transfers. However, to fully capitalize on these opportunities, the Pi Network must ensure a smooth upgrade process and compatibility with existing infrastructure.

We encourage developers, partners, and users to pay attention to the official announcements of Stellar and Pi Network to prepare for these changes.