Senate Banking Committee Democrats just dropped a scathing staff analysis of the latest GENIUS Act draft ahead of this evening’s cloture vote.
Staffers describe the latest GENIUS Act draft as a blueprint for ‘Trump crypto corruption’ and Big Tech dominance over digital currencies, urging additional changes to address unresolved issues.
Node & Supernode and Oracle Pi Network (Chainlink) have done the transactions test according to the Configuration that has been coded with the value of 1 Pi = 314159 USD.
Chainlink Test:
Larger values such as 400,000 USD,500,000 USD etc.,or smaller values such as 300,000 USD,200,000 USD etc.,will be automatically rejected by the Smart Contract System.
No cheating..Nodes,Supernodes and Smart Contracts will ensure fair decentralization.
What's the difference between you having 10 Pi,10,000 Pi or 1,000,000 Pi? Don't say 1,000,000 Pi can make you buy the world.
The system makes you not free to spend Pi with daily transaction restrictions (For the time being,the minimum daily transaction limit on the system is equivalent to 10 USD,maximum equivalent to 10,000 USD for cash transactions).
If 10 Pi can suffice you for 1 generation, then 10,000 Pi or 1,000,000 Pi is enough for all your next generations and can help other people's lives. That's all.
Pi is intergenerational wealth, it all starts from GCV..🔥🔥🔥
"The Rules of Money & Wealth: A Personal Code for Prosperity"
"The Rules of Wealth: A Personal Code for Prosperity" is a practical and insightful guide that outlines fundamental principles for achieving financial success and building lasting wealth. Through a straightforward and engaging writing style, Templar distills complex financial concepts into accessible rules that anyone can follow, regardless of their current financial situation or background.
Templar emphasizes that wealth is not solely about money; it encompasses a mindset, lifestyle choices,
🚨NEW: All Eyes on the GENIUS Act: Crypto’s Big Week in the Senate
It’s shaping up to be a high-stakes week for crypto in Washington, with the Senate set to redo a key vote to advance its stablecoin legislation this evening.
Sen. Mark Warner (D-Va.) will support the latest version of the GENIUS Act, a spokesperson tells me, and he's "encouraging his colleagues to do the same."
Warner will be a bellwether for a lot of Senate Democrats on stablecoin reform.
The support for the GENIUS Act by Sen. Mark Warner could mark a significant step towards clearer stablecoin regulations in the U.S. This might enhance market confidence and position the U.S. as a leader in digital assets. Let's keep an eye on how this unfolds.
The support for the GENIUS Act by Sen. Mark Warner could mark a pivotal moment for stablecoin regulation in the U.S. This move might enhance market confidence and position the U.S. as a leader in digital asset regulation. It will be interesting to see how this influences the global stance on stablecoins.
Pi Network Achieves Full Decentralization: A New Era for Blockchain Governance
Master
In a landmark development for the cryptocurrency world, Pi Network has officially transitioned to full decentralization. On May 14, 2025, during the Consensus 2025 conference in Toronto, the Pi Core Team (PCT) announced the shutdown of all central node verifiers, transferring complete control of the network to its global community of users, known as Pioneers.
A Decentralized Vision Realized Since its inception, Pi Network has aimed to create an inclusive and accessible digital currency ecosyst
Rise, Pioneers, with hearts so true, 1 Pi = 1 Pi, live each moment through! Believe in the dream, let faith ignite, Nature’s law rewards the steadfast light.
Through trials and time, your spirit’s strong, Determination carves where you belong. Every tap, every node, a step divine, The Pi Network’s vision, yours and mine.
Hold fast, believers, the future’s near, Your courage blooms, let doubters hear! Live boldly, Pioneers, the world will see, Pi’s promise fulfilled for eternity.
" Pioneers must be Smart !
Road to Open Global Mainnet "
Pioneers must be Smart ! Road to Open Mainnet 🎊 💥 True Pioneer diligently upgrading self-knowledge Not to be left behind knowledge & information. Stay in a positive community of Pioneers Avoid & exit the community of low minders (low minds)
✍️ Currency Battle Pi Intelligent Contract as the Ultimate Weapon in Blockchain's Financial Revolution
✍️ In a modern era dominated by technology, blockchain has emerged as a revolutionary force in the financial world. Amidst the sea of digital currencie
" Preparing for Pi Network's Grand Global Mainnet: Why Getting Familiar with Test-Pi is Important
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Preparing for Pi Network's Grand Open Mainnet: Why Getting Familiar with Test-Pi is Important
As Pi Network's transition to Open Mainnet draws near, pioneers in the community should prepare for the transition to a fully decentralized ecosystem. One of the important steps in this preparation is to familiarize yourself with Test-Pi, a virtual currency used to test transactions in the Pi Network. The move is crucial for pioneers looking to ensure a smooth experience as the network officially opens
Did you know that all assets will eventually be tokenized?
That’s right—everything you can imagine: stocks, bonds, real estate, commodities, intellectual property, even art. The future of finance is digital, and tokenization is the bridge that will connect real-world assets to decentralized systems—making them more accessible, more liquid, and more secure.
But here’s the real question:
Which blockchain will lead this revolution? Which platform can handle this massive transformation with ultra
" PI NETWORK – WHEN CURRENCY BECOMES A LIVING INTELLIGENCE
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PI NETWORK – WHEN CURRENCY BECOMES A LIVING INTELLIGENCE
If Bitcoin was the spark that ignited the digital currency revolution, then Pi may be the intelligence learning how to keep that spark burning… as light.
1. What is Smart Money? Most currencies today – whether cash, e-wallets, or even Bitcoin – are still “non-living money.” They only serve two functions: store of value and medium of exchange.
But the world is entering a new era. An era where AI can think for humans, and blockchain ensur
Nicholas responded: After internal discussion, Pi will open the network on May 20, and all payment functions, smart contracts, and ecosystems will be launched soon. Now the centralized validator has been fully shut down 💥Pi big things are about to happen🔥💥
Nikolas
Hello, Pioneers! The meeting has concluded. After internal discussions, all conditions have been fully prepared. The mainnet will be opened on May 20, 2025.
All ecological applications, smart contracts, payment functions, etc., will be launched very soon!
The next update from Supernode,Node runners (Validators) will be selected by @PiCoreTeam based on certain criteria with the help of AI to be more selective.
AI Validator Selector:
Supernode will also be directly integrated with the Pi Network Oracle (Chainlink) to help control the value of Pi at all times.
Oracle (Chainlink) integration:
The most important thing for Validators is to comply with the Node Configuration that has been formulated (coded),especially the value of 1 Pi = 314159 USD which applies to the entire Ecosystem,so that the status as a Validator continues.
Pi Network has officially entered a new era of complete decentralization. The $(PCT) core team has withdrawn all verifications from the central node and handed over full control to pioneers worldwide. 😁👌
A new experiment by Picoteam has shut down the server.
Running a community node operating system.
Gradually separating from Web2.
Following Consensus 2025 held in Toronto, Pi Network has officially transitioned to full decentralization! The Pi Core Team (PCT) has withdrawn all validators from the central node (from 2 to 0), handing over control to 50 million pioneers worldwide.
##Consensus 2025 and Before:
At Consensus 2025, held in Toronto from May 14–16, 2025, Dr. Nicolas Kokkalis shared the vision of the Pi Network. Prior to the event, the PCT operated 2 validators on the central node. However, on May 16, these validators were removed, and the network was fully transitioned to community governance. piscan.io/nodes
##Technical Details:
Pi Network operates with the Improved Proof of Stake (IPoS) consensus mechanism. The shutdown of the central node means the network now operates without any central authority. This marks the full realization of decentralization — the core principle of blockchain technology.
Stellar is currently testing the Horizon upgrade to Protocol-23,which means Pi Network will follow suit by testing Protocol-20 for Smart Contracts and dApps on Testnet 2 or launching Testnet 3.
Towards Protocol-23 Horizon:
GCV victory is getting closer,stay patient and excited!!..🔥🔥🔥
◾️Node is the 'decentralized heart' of the Pi Network. The Pi coin configuration (Pi Symbol, Pi fixed value (GCV $314159) and Pi supply) is a constant nature and has been integrated into the Node System. Pi Coin Configuration is a special part of Pi Network Configuration.
Pi Network Configuration (Node System Integration)
◾️I quote a sentence written on SocialChain (Pi Network Developer): “Pi is a new digital currency that turns your online time into a source of wealth. Pi is supported by a unity of people from all over the world coming together to get paid digital currency.
Unlike cryptocurrencies, Pi is distributed fairly and uses minimal battery power". The point is that Pi is Digital Currency, not Cryptocurrency.. Very different.
This is where many Pioneers misunderstood, still many Pioneers that consider Pi as Crypto so they still believe in IOU. No IOU for Money!!
◾️Dr. Nicolas Kokkalis said "The value of Pi is a value established by the Pioneers".
This means, the value of Pi is determined by the consensus of Pioneers and not determined in the open market during OM.
After OM there is no more Pioneer 'title/naming', all miners or owners of Pi are called Users (Users).
So, determining the value of Pi is a Pioneer privilege in the Enclose Mainnet Phase (Closed Mainnet).
After OM all new users will follow the pre-determined values.