#BinancePizza - Pi Network closes its central node and plans to release its source code, advancing its decentralization efforts.

Pi Network aligns its announcement with Consensus 2025, creating excitement about its potential ecosystem shift. The growing transparency of Pi Network seeks to generate trust, although concerns about centralization and token control persist. The core team of Pi Network has officially closed its central node, marking a significant move towards decentralization.

This comes after the network promised an important ecosystem announcement aligned with the Consensus 2025 event in Toronto, which begins today.

Pi Network closes central node before source code revelation.

It is reported that the core team of Pi Network has closed its central node, taking a significant step towards decentralization. The network also announced plans to 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," shared Pi Network VietNames on X (Twitter).

The post highlighted the closure of the central node and showcased a network diagram that seems to confirm its removal. The move aligns with the network's long-term mission to transition from a centrally controlled project. It moves towards a fully decentralized blockchain secured by its proprietary IPoS (Improved Proof of Stake) consensus mechanism.

"No more FUD about centralized scams or hidden logic. If there’s a flaw or a backdoor, you will know. If the consensus model is secure, you will see it. This is credibility in blockchain," explained Web 3 researcher and Pi advocate, Tanner.

The planned release of Pi Network's source code could enhance transparency and community trust. This comes amid long-standing concerns about the actual state of decentralization of the project.