Pi Mainnet to Upgrade to Protocol 24 by June 2

Nodes on Pi Mainnet must complete the Protocol 24 upgrade by June 2 to remain connected to the network, according to the announcement.

PI

Summary

Pi Mainnet is scheduled to upgrade to Protocol 24, with a June 2 deadline for node operators. The announcement states that nodes must complete the upgrade to stay connected to the network. In blockchain networks, protocol upgrades typically ensure that nodes remain compatible with the latest software rules and network changes.

Terms & Concepts
  • Mainnet: A live blockchain network where real transactions are processed, as opposed to a test environment.
  • Protocol upgrade: A software update that changes or improves the rules and functionality of a blockchain network.
  • Node: A computer that participates in a blockchain network by validating, relaying, or storing data.