The post Pi Network Advances Decentralization by Shutting Down Central Node Ahead of Potential Source Code Release appeared on BitcoinEthereumNews.com.

The Pi Network has marked a pivotal moment in its journey by shutting down its central node, a decisive move toward true decentralization. This development coincides with the Consensus 2025 event, igniting anticipation around its potential ecosystem transformation. A standout quote from Pi Network’s social media emphasizes its commitment: “The core team is ready to release the source code, shaking up the Consensus 2025 event.” Pi Network ceases its central node operations, releasing its source code amidst rising anticipation at Consensus 2025—signifying a major decentralization leap. Pi Network Closes Central Node Ahead of Source Code Reveal The Pi Network has taken a significant step by shutting down its central node, aligning itself with its mission for decentralization. This pivotal action is accompanied by plans to publicly release its source code. “The Pi core team has closed the central node, ready to release the source code. Pi Network will definitely shake up the Consensus 2025 event,” Pi Network VietNames shared on X (Twitter). The announcement highlighted the removal of the central node and provided a network diagram seeming to confirm this major change. This strategic move resonates with Pi Network’s long-term ambition to evolve from a centrally-controlled setup into a decentralized blockchain environment, underpinned by its innovative IPoS (Improved Proof of Stake) consensus model. “No more FUD about centralized scams or hidden logic. If there’s a bug or a backdoor, you will know. If the consensus model is secure, you will see it. This is credibility on the blockchain,” emphasized Web 3 researcher Tanner, a known advocate of Pi Network. The release of Pi Network’s source code is expected to enhance transparency and foster community trust, addressing ongoing skepticism about the project’s genuine decentralization. However, the referral-based mining model and the project’s opaque governance structure raise concerns about whether true decentralization…

---

Filed under: News - @ May 14, 2025 1:28 pm