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February 20, 2025Reading time: about 5 minutes
Pi Network Open Network Launch

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Pi Network Launches Open Network After 6 Years of Development

Pi Network officially launched its Open Network on February 19, 2025. This launch opens Pi Network’s external connectivity to the global Pi community, allowing Pi’s ecosystem, innovative applications, and extensive P2P network to be integrated with the wider blockchain world.

“Open Network is a key step in realizing Pi’s mission—to create an inclusive, utility-driven, and widely adopted cryptocurrency that is accessible to everyone,” said Chengdiao Fan, one of Pi Network’s co-founders, in the Open Network launch video.

Key features of open networks

  • Connectivity to external systems and networks
  • Centralized Exchange (CEX) integration and onramp support
  • List of KYB (Know Your Business) Certified Businesses Disclosure
  • Mainnet Node Updates and Optimizations
  • Trading outside the Pie ecosystem

Centralized Exchange (CEX) Integration and Listing

With the launch of Open Network, Pi Network announced integrations with KYB-verified centralized exchange (CEX) platforms. These KYB-verified third-party services will help Pioneers connect with the wider cryptocurrency ecosystem and fiat world.

"Pioneers can now use Pi with external systems and networks. CEX platforms and onramps that have passed KYB have integrated with Pi Network."
- Official announcement of Pi Network

Pi Network emphasized caution when using exchanges or services that have not received KYB certification in order to maintain a safe ecosystem. Pioneers are advised not to use third-party services or CEXs that are not registered on the official KYB service webpage.

Business Compliance Requirements

To maintain a secure and compliant ecosystem, Pi Network requires KYC (Know Your Customer) verification for Pioneers and KYB (Know Your Business) verification for businesses to participate in mainnet blockchain activities.

KYC Verification

This is an identity verification process for individual pioneers, required to participate in mainnet activities.

KYB Certification

This is a verification procedure for businesses and is required to provide mainnet-related services.

This requirement applies to businesses (not individuals) that wish to access the Pi mainnet, mainnet nodes, or other mainnet-related services, as well as businesses that provide critical infrastructure such as on/offramps, exchanges, bridges, and Web3 wallet solutions.

Node Update

With the Open Network, the firewalls that were in place during the closed network have been removed. Now, technically anyone can add a node to the mainnet blockchain in terms of running the protocol and connecting to the network.

reference: Pioneers with strong historical contributions and trust scores will be given priority to switch nodes.

Node 0.5.1 was recently released to the Pie community. This update brings the following features:

  • Enables users with Blockchain API service enabled to migrate data after protocol upgrade via a new simple UI button
  • Set consistent public keys on all nodes in preparation for publishing public node rankings.
  • Node performance optimization reduces CPU load and ensures smoother operation for node operators

Open Network Challenge

To celebrate the launch of Open Network and to support the utilities and possibilities now available, Pi Network will be hosting a new Open Network Challenge within the app that will allow Pioneers to learn more about Open Network and explore the ecosystem.

Open Network Challenge Contents

In this challenge, you will complete 12 tasks:

  • New content guide
  • KYC and Mainnet Migration Reminder
  • Join the Pie Chat and Fireside Forums
  • Other Pie Ecosystem Exploration Activities

What does the Pi Network Open Network mean?

This launch of the Open Network represents a significant milestone in the Pi Network’s six-year journey. With external connectivity enabled, Pioneers will be able to leverage Pi’s utility-based ecosystem and applications to interface with other compliant networks and systems. They will also be able to engage in transactions beyond the Pi ecosystem, expanding Pi’s existing utility and reach.

conclusion

The launch of Pi Network’s open network is a significant milestone in Pi’s development. Centralized exchange integration, connectivity to external systems, and expanded utility are important steps in Pi’s establishment in the broader cryptocurrency ecosystem.

Pioneers can now trade Pi Coin through KYB verified exchanges, and gain more ways to utilize Pi Coin both inside and outside of the Pi ecosystem. This brings Pi Network one step closer to its vision of “creating an inclusive, utility-driven, and widely adopted cryptocurrency that is accessible to everyone.”

Join the Pi Network

With the launch of Pi Network’s open network, now is the perfect time to join the Pi ecosystem. Download the Pi app and join the future of innovative digital currency.

Getting started with Pi Network