Jakarta, Pintu News – Pi Network recently announced significant enhancements to the Pi App Studio, which it hopes will expand the utility of Pi Coin and strengthen its ecosystem. These updates allow developers to more easily create and customize applications, which in turn can increase the adoption and use of Pi Coin in various applications. Read the full info in this article!
Pi Network has introduced a series of updates to the Pi App Studio that make it easier for developers to access and use the platform. With the latest update, Pi App Studio can now be accessed directly from the top navigation bar on the Pi Desktop. This allows developers to more quickly and efficiently start or modify their projects.
One of the key features of this update is the AI-assisted creation suite, which gives users more flexibility in creativity. In addition, Pi App Studio now includes a discovery hub that enables staking, where users can browse apps, select their favorites, and stake Pi to back promising projects. Developers can also assign categories to their apps, which makes it easier to navigate within the growing catalog.
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Earlier this month, Pi Network added DEX and automated market makers (AMMs) to their Testnet. This gives developers the tools to securely test token trading and liquidity pooling. This move is part of Pi Network’s ongoing efforts to expand functionality and improve security within its ecosystem.
In addition, Pi Network has launched a Quick KYC system that aims to speed up user verification. These changes are expected to address issues related to token claims, speed up the verification process, and allow more users to participate in the Pi ecosystem easily and securely.
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According to Pi expert, Mr. Spock, Pi Network could have taken it a step further by building their own proprietary blockchain protocol rather than adopting Stellar’s Consensus Protocol (SCP). While SCP is a wise choice for the short term due to its scalability, developing a native protocol from scratch may be more beneficial for the network in the long run.
Spock added that the decision to use SCP has also caused public confusion, with some investors mistakenly thinking that Pi is built directly on top of Stellar (XLM). In fact, Pi only uses a similar consensus mechanism, not the Stellar chain or architecture.
However, Pi Coin’s linkage with Stellar’s infrastructure could open up opportunities in the tokenized asset market, especially after Stellar joined the ERC-3643 Association, a regulatory platform for tokens that has integrated compliance features.
With a series of significant updates and ambitious development plans, Pi Network appears to be gearing up for its next major phase of growth. Improvements to Pi App Studio and the integration of new functions promise to increase the utility and adoption of Pi Coin, which could ultimately strengthen Pi Network’s position in the competitive cryptocurrency industry.
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