Starting from the 27th, Pi has been posting that as long as BTC is fine, Pi will be bullish. Because Pi is already favorable, as long as there is no impact from BTC, everything is good.
Even on the 29th, it was reiterated that even if there are borrowing whales, they should not be concerned, because at this time, the borrowing whales have no ability to suppress.
However, when it was time to rise, everyone hesitated again, and in the end, the profits went to others, and there was never anything for oneself.
I have already helped translate the main points in advance, and it's not my analysis, yet if I still can't make money, what should I do? Should investors reflect on themselves?
The article was written before the rise.
I think the vast number of PI friends would like to see the current progress of PI.
Here are four points organized for a quick review:
1. Stellar-core v23.01 upgrade
This is a verified blockchain protocol. This technological upgrade indicates that the Pi network is technically ready for mainnet operation. The mainnet typically requires stable infrastructure, and this upgrade is seen as an important step towards formal operation.
2. Announcement of open-source transparency next month
Pi will share open-source information next month. Open-source usually means that the community can verify the network's transparency and security, which is considered a signal that the mainnet is about to launch.
3. Specific date for mainnet launch on September 3
This aligns with the timeline of the v23.01 upgrade, which is seen as the final preparation phase before the mainnet launch, thus reinforcing the anticipation of the upcoming opening.
4. Testing of Testnet1 and node updates
According to PCT's information on August 27, Testnet1 will undergo upgrades and phased rollout of node container updates, followed by the gradual launch of Testnet2 and the mainnet. The planned network interruptions and upgrade announcements indicate that the team is actively testing to ensure the stability of the mainnet transition, further supporting the interpretation that the mainnet is about to open.
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