Pi Network Rolls Out Major Update: Grace Period Algorithm and New Features to Facilitate Mainnet Migration
Pi Network, the burgeoning digital currency project, has
announced a significant update aimed at improving the accuracy of block time
delays through its new Grace Period Algorithm. This update is designed to
reduce unnecessary time delays and streamline the migration process for its
Pioneers.
Enhancing Time Delay Accuracy
The newly implemented Grace Period Algorithm allows Pi
Network to calculate time delays with greater precision based on real-time
system conditions. This enhancement is particularly beneficial when Pioneers
encounter valid system blocks for delays. The timer will now more accurately
measure delay intervals, minimizing potential disruptions and improving the
overall user experience.
New Feature for Reporting Issues
In addition to the algorithm update, Pi Network has
introduced a new feature enabling Pioneers to report any difficulties they
encounter while completing the Mainnet Checklist. When the timer is active on
the checklist page, Pioneers can click on the "I need help completing the
checklist" link to report specific steps that are proving challenging.
This feature aims to assist Pioneers in overcoming technical obstacles and
ensuring a smoother migration process.
First Grace Period Deadline Approaching
Pi Network also reminds Pioneers that the first Grace Period
deadline is set for September 30. Pioneers are urged to complete their KYC
(Know Your Customer) verification before this deadline. Additionally, teams are
encouraged to ensure that their KYC processes are finalized in a timely manner.
Positive Impact of the Update
The latest updates are expected to simplify the Mainnet
migration process for Pioneers, allowing users to participate fully without
facing excessive technical hurdles. With the introduction of the issue
reporting feature and improved time delay accuracy, Pi Network is committed to
providing a smoother and more efficient migration experience.
These steps underscore Pi Network’s ongoing dedication to
enhancing platform quality and accessibility for its global community. Pioneers
are advised to complete their KYC verification before the deadline and make use
of the new feature to facilitate their migration process.
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