Ritz

Reminder: the Pi Mainnet is upgrading to Protocol v26. All Mainnet node operators must complete the upgrade by August 11 to remain connected to the network. Protocol v26 is a major milestone that improves contract safety, state management, interoperability, and cryptographic capabilities ahead of the final planned upgrade, Protocol v27. Details here minepi.com/pi-node

Pi Sign-in allows supported third-party websites and apps to offer Pi accounts as a sign-in or sign-up option. It helps provide the infrastructure that allows applications and services to recognize, connect, and serve users across and outside the ecosystem. This means Pioneers can access supported services with their Pi account instead of creating a new account or password for every app. Why would third-party services or websites want to integrate Pi Sign-in? Pi Sign-in creates a simpler way to connect them with Pi’s large user base and bring Pi users into their own product experiences. It also gives Pi more presence in third-party contexts while offering a way to tap into the additional benefits and resources of Pi Network, besides user traffic. Learn more about the Pi2Day 2026 release at minepi.com/blog/pi2day2026

For the first time, OKX has made Pi available to millions of people in the US through its platform, adding another access point to the Pi ecosystem for US users. Pi continues to expand its global network of Pioneers and partners, and strengthen ecosystem participation, utility, and real user adoption across the world. More users. More usage. Stronger network

What are your thoughts on Pi Coin?

I am impressed by the level of participation in the Pi Network ecosystem.

This is my official account. All others accounts with my photo and name are impersonators.

Since the launch of Open Network, Pi has continued expanding across multiple dimensions of the ecosystem—from KYC and Mainnet migrations to developer activity and overall network participation. These milestones reflect the steady progress made possible through the collective contributions of Pioneers, developers, businesses, and KYC validators around the world. Check out some of the key ecosystem growth metrics achieved during the past year since Open Network launched!

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The mainnet phase is not an experimental phase like testnet1 and testnet2; after the completion of the testnet2 upgrade this year, all the features that have been tested will be deployed on the mainnet phase and will mark an exciting new beginning. #PiNetworkMainnet

Let me share a little story on the largest ever single payment from @Binance, the $6m in 2017! I hope this will help you better understand the #Binance culture. Binance launched on July 14, 2017, having successfully raised $15m in its ICO two weeks prior. Less than 6 week later, on Sept 4th, 2017, China issued a ban on crypto exchanges, crypto mining, as well as recommending any ICO projects to return users investments in full should the users want it. With the announcement, many tokens dropped below their ICO price. BNB dropped from 22x to 6x of its ICO price. Luckily, it was still 6x. So no one wanted to return $6 for $1. However, four other projects on Binance fell below their ICO prices. The teams behind those projects lacked the funds to fully reimburse their users. Our team ran some calculations. The gap was about $6 million USD. The team called me and asked if we should use our own funds to make our users whole, even though those were neither our projects, nor our obligation. $6m million might not sound like a lot today, but to put it in perspective, we had raised $15 million just eight weeks prior. We were not profitable. We were buying servers and hiring people. We were burning cash. Giving $6 million to users would deplete our corporate treasury by more than 40%. I joined the call on a moving train in Tokyo. I asked if anyone had any objections. No one objected. I said, “let’s do it”. Percentage wise, that was the single largest transaction in our corporate history. That announcement immediately received overwhelming responses from the crypto community, not only in China, but around the world. No other company had protected its users to such an extent, even to this day. The market rewarded us. Users from around the world joined us. They saw that Binance protected users with not just words, but with action and funds. When we made the decision to make users whole, we had about 35,000 users. A month later, we had 120,000 users. We became profitable, and have been ever since. Two months after that, we became the world’s largest crypto exchange, and have been ever since. Hence our core value: Protect Users!