Skip to content Skip to sidebar Skip to footer


The Pi Network community received an important update with the release of Pi Node v0.5.3. This upgrade supports decentralization and aims for wider adoption. Given recent price changes and community demands for progress, this update brings new momentum and lays the groundwork for future growth in the ecosystem.

Pi Network Rolls Out Pi Node v0.5.3

Nicolas Kokkalis, the head of technology at Pi Network, released the new version 0.5.3 of Pi Node. This update has two main improvements: a stronger node setup process and better connection with the blockchain explorer. These changes make it easier to get data quickly. The auto-update feature is being gradually rolled out, but users eager to upgrade immediately can access the new version on GitHub.

Compared to version 0.5.2, this upgrade is designed to reduce technical hiccups for node runners, ultimately supporting a more stable network. Pi Node operators are important because they verify transactions and ensure the network runs smoothly. These technical upgrades help strengthen the entire Pi Network.

The Pi Network continues its shift toward open-source development, with initiatives such as the Pi Open Source license (PiOS). This initiative encourages developers to share code and collaborate on decentralized applications (dApps) specifically designed for the Pi ecosystem.

Furthermore, the Pi Network supports an open approach by providing tools like the Pi Apps Developer Sandbox. These tools enable developers to test and launch their decentralized applications (dApps) easily.

Pi Network Expands on Earlier Upgrades to Strengthen Platform

These upgrades align with other recent moves. As CoinGape reported, Pi Network has launched dApps and account recovery options to help users securely reset their passwords. This upgrade also facilitates the integration of five new community-built dApps into the mainnet interface, demonstrating a continued commitment to ecosystem growth.

To engage its community, the Pi Network previously introduced rewards for confirmed Pi Nodes along with basic mining rewards, bonuses for joining the Security Circle, incentives for locking up coins, and rewards for using utility apps. This range of rewards is designed to keep node operators active and strengthen the network’s decentralized structure.

However, some community members have raised concerns about the Beta Pi Network App Studio. They believe fewer delays should be made in development. As updates are released, pioneers hope issues will be addressed to improve the developer experience on the network.

Recent comments from key members of the Pi community, like John Lang, emphasize the long-term goals of these updates. Although the price of Pi Network has dropped significantly, Lang thinks this drop is small compared to the ongoing development.

He encouraged the community to remain patient, noting the Pi Core Team’s behind-the-scenes efforts to improve infrastructure and expand the real-world utility of the project.

✓ Share:

Coingape Staff

CoinGape comprises an experienced team of native content writers and editors working round the clock to cover news globally and present news as a fact rather than an opinion. CoinGape writers and reporters contributed to this article.

Why trust CoinGape: CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights to our readers. Our journalists and analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.

Investment disclaimer: The content reflects the author’s personal views and current market conditions. Please conduct your own research before investing in cryptocurrencies, as neither the author nor the publication is responsible for any financial losses.

Ad Disclosure: This site may feature sponsored content and affiliate links. All advertisements are clearly labeled, and ad partners have no influence over our editorial content.

error: Content is protected !!