Pi Network Launches Protocol 20 Mainnet Upgrade
Pi Network has rolled out its full Mainnet upgrade to Protocol 20, unlocking support for programmable smart contracts that can power decentralized apps, NFTs, escrow systems, and subscription services. Launched in 2019 by Stanford founders Nicolas Kokkalis and Chengdiao Fan, the network now has 17.7 million verified users. After exchange listings, including Kraken, Pi trades near $0.1735 with a $1.7 B market cap. The team emphasizes careful testing and audits ahead of broader utility releases.
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