Pi Network Disables Central Node Ahead of Mysterious Major Reveal

By: coin central|2025/05/14 21:00:15

TLDRPi Network has officially shut down its central node to advance its decentralization efforts.The network plans to release its source code to promote transparency and community trust.Pi Network will make a major ecosystem announcement during the Consensus 2025 event in Toronto.Updates have been released for the Pi Network mining app and the Pi Browser on the Play Store.The Pi core team confirmed that the project operates on its proprietary Improved Proof of Stake consensus model.Pi Network has officially shut down its central node, signaling a significant shift toward decentralization just before Consensus 2025. The move aligns with its roadmap to remove centralized control and adopt an open-source protocol structure. As the community anticipates key updates, Pi Network prepares to unveil a major ecosystem announcement in Toronto.Central Node Shutdown Marks Step Toward Full DecentralizationPi Network has deactivated its central coordinating node, replacing it with a distributed network of independently operated nodes. This action follows years of criticism about centralized architecture and lack of transparency. With this shift, the project claims to embrace a decentralized framework built on its IPoS consensus model.Pi core team has closed the central node, ready to release the source code. Pi Network will definitely shake up the Consensus 2025 event.#PiNetwork #Consensus2025 pic.twitter.com/xJvmp7X8jo— Pi Network VietNames (@PiNetworkVNes) May 14, 2025Moreover, the network confirmed plans to release its source code, increasing accountability and visibility across its infrastructure. This is expected to address longstanding concerns regarding hidden logic and internal control. Community advocates say this move could remove doubts over the protocol’s legitimacy.At the center of this transition is the proprietary Improved Proof of Stake system, which aims to offer security without central authority. The protocol now relies on a peer-to-peer network to validate activity across its blockchain. Supporters believe this development brings Pi Network closer to functioning as a true Layer-1 platform.Pi Network Hints at Strategic DevelopmentsPi Network scheduled its high-profile announcement to coincide with Consensus 2025, which begins today in Toronto. In earlier posts, core contributors hinted at a multi-day rollout of ecosystem developments. The first announcement is expected on May 14, with additional updates planned through May 16.Community figures predict that new integrations or protocol tools may be revealed during the event. Pi Network’s team, including co-founder Dr. Nicolas, is confirmed to speak, signaling official involvement. Pi Updates Daily stated that multiple announcements will run sequentially across three days.Tomorrow is going to be specialMay 14 Announcement from Pi EcosystemMay 15 Hint of something GREAT/GOODMay 16 Dr Nicolas himself will speak We need 1000 Retweet for thisLike & RT! Join my Telegram: https://t.co/94cRXbJHso...AIRDROPS ALPHA LIST:... pic.twitter.com/eD321QE4pd— Pi UpdatesDaily | PiNetwork News (@Pi_UpdatesDaily) May 13, 2025This timing follows a May 8 teaser from Pi Network, which hinted at a “boom” aligned with the conference schedule. The platform’s public communications have emphasized the significance of these upcoming milestones. Each day is expected to introduce separate, strategic developments to strengthen Pi Network’s ecosystem credibility.New Pi App Updates Spark Community AttentionIn parallel, Pi Network pushed updates to its mining app and the Pi Browser on the Google Play Store. These updates appeared just hours before the official reveal and were noted by community leaders as strategically timed. The app’s performance, interface, and connectivity features were among the reported improvements.The network’s mining application has surpassed 100 million downloads, and the Pi Browser has reached over 10 million installations. Despite these milestones, some users still face feature restrictions in certain regions. Access to functions like lightning requires VPN use in selected countries, pointing to ongoing accessibility challenges.The post Pi Network Disables Central Node Ahead of Mysterious Major Reveal appeared first on CoinCentral.

The era of AI hype has transitioned into an era of utility. As we move through Q2 2026, the market is no longer rewarding "narrative-only" projects. At WEEX Research, we are seeing a massive capital rotation into Decentralized Compute (DePIN) and Autonomous Agent coordination layers. This guide analyzes which AI tokens are capturing institutional liquidity and how to spot high-conviction setups in a maturing market.

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Mixin has launched USTD-margined perpetual contracts, bringing derivative trading into the chat scene.

The privacy-focused crypto wallet Mixin announced today the launch of its U-based perpetual contract (a derivative priced in USDT). Unlike traditional exchanges, Mixin has taken a new approach by "liberating" derivative trading from isolated matching engines and embedding it into the instant messaging environment.

Users can directly open positions within the app with leverage of up to 200x, while sharing positions, discussing strategies, and copy trading within private communities. Trading, social interaction, and asset management are integrated into the same interface.

Simplified Trading Experience: No KYC Required, Opening a Position in Five Steps

Based on its non-custodial architecture, Mixin has eliminated friction from the traditional onboarding process, allowing users to participate in perpetual contract trading without identity verification.

The trading process has been streamlined into five steps:

· Choose the trading asset

· Select long or short

· Input position size and leverage

· Confirm order details

· Confirm and open the position

The interface provides real-time visualization of price, position, and profit and loss (PnL), allowing users to complete trades without switching between multiple modules.

Social-Native Trading: Strategy and Execution Completed in the Same Context

Mixin has directly integrated social features into the derivative trading environment. Users can create private trading communities and interact around real-time positions:

· End-to-end encrypted private groups supporting up to 1024 members

· End-to-end encrypted voice communication

· One-click position sharing

· One-click trade copying

On the execution side, Mixin aggregates liquidity from multiple sources and accesses decentralized protocol and external market liquidity through a unified trading interface.

By combining social interaction with trade execution, Mixin enables users to collaborate, share, and execute trading strategies instantly within the same environment.

Referral Mechanism: Non-institutional users can receive up to 60% fee split

Mixin has also introduced a referral incentive system based on trading behavior:

· Users can join with an invite code

· Up to 60% of trading fees as referral rewards

· Incentive mechanism designed for long-term, sustainable earnings

This model aims to drive user-driven network expansion and organic growth.

Self-Custody Architecture and Built-in Privacy Mechanism

Mixin's derivative transactions are built on top of its existing self-custody wallet infrastructure, with core features including:

· Separation of transaction account and asset storage

· User full control over assets

· Platform does not custody user funds

· Built-in privacy mechanisms to reduce data exposure

The system aims to strike a balance between transaction efficiency, asset security, and privacy protection.

A New Path for On-Chain Derivatives

Against the background of perpetual contracts becoming a mainstream trading tool, Mixin is exploring a different development direction by lowering barriers, enhancing social and privacy attributes.

The platform does not only view transactions as execution actions but positions them as a networked activity: transactions have social attributes, strategies can be shared, and relationships between individuals also become part of the financial system.

Regulatory Background

Mixin's design is based on a user-initiated, user-controlled model. The platform neither custodies assets nor executes transactions on behalf of users.

This model aligns with a statement issued by the U.S. Securities and Exchange Commission (SEC) on April 13, 2026, titled "Staff Statement on Whether Partial User Interface Used in Preparing Cryptocurrency Securities Transactions May Require Broker-Dealer Registration."

The statement indicates that, under the premise where transactions are entirely initiated and controlled by users, non-custodial service providers that offer neutral interfaces may not need to register as broker-dealers or exchanges.

About Mixin

Mixin is a decentralized, self-custodial privacy wallet designed to provide secure and efficient digital asset management services.

Its core capabilities include:

· Aggregation: integrating multi-chain assets and routing between different transaction paths to simplify user operations

· High liquidity access: connecting to various liquidity sources, including decentralized protocols and external markets

· Decentralization: achieving full user control over assets without relying on custodial intermediaries

· Privacy protection: safeguarding assets and data through MPC, CryptoNote, and end-to-end encrypted communication

Mixin has been in operation for over 8 years, supporting over 40 blockchains and more than 10,000 assets, with a global user base exceeding 10 million and an on-chain self-custodied asset scale of over $1 billion.

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