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Blockchain News

Pi Network Sets May 15 Deadline for Protocol 23 Node Upgrade

The Pi Core Team issues a mandate for node operators to upgrade to Protocol 23, unlocking smart contracts and Web3 readiness as the mainnet scales.

Written By Kenrodgers Fabian Kenrodgers Fabian
Fact Checked by Divya Mistry Divya Mistry
Published 2026-05-02
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Last updated: May 2, 2026 1:04 PM
Published 2026-05-02
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Last updated: May 2, 2026 1:04 PM
Published 2026-05-02
Pi Network Sets May 15 Deadline for Protocol 23 Node Upgrade
Show AI Summary
Technical limitations of prior protocols necessitated the mandatory mainnet upgrade to Protocol 23.
Inadequate node updates could lead to lost mainnet connections, prompting the May 15 deadline for node operators.
Pi Network’s consensus design, based on the Stellar Consensus Protocol, relies on trusted quorums to validate transactions.

Pi Network has given node operators until May 15 to complete a mandatory mainnet upgrade, a move aimed at keeping the blockchain network stable as participation grows. In a recent update, the Pi Core Team said the network is moving to Protocol 23 and warned that nodes failing to update before the deadline could lose connection to the mainnet.

The team further highlighted that the update might take more time than earlier updates and hence advised the operators to initiate the process well ahead of time. Node operators have been advised to back up their volumes and initiate the process well ahead of time to avoid last-minute disruptions.

The Pi Mainnet is upgrading to Protocol 23 – Deadline: May 15.

All Mainnet nodes are required to complete this step before the deadline to remain connected to the network. This upgrade takes longer to complete, so plan accordingly.

Details here: https://t.co/9VehO7hhj1

— Pi Network (@PiCoreTeam) May 2, 2026

Node system and consensus design

Nodes aid in verifying transactions and ensuring that the network database is kept up-to-date and accurate. While Bitcoin involves energy-consuming mining to validate transactions, Pi Network applies the Stellar Consensus Protocol for reaching consensus among the nodes regarding transaction data.

Accordingly, every node in this protocol is dependent on tiny quorums of trusted members, referred to as quorum slices, for verifying transactions. A node will only consider information when the trusted quorums have approved it, thus enabling consensus without massive computational resources.

Mobile users also contribute through what are called security circles. These are simple trust links between users that help build a broader network of connections. Over time, these links form a wider trust structure across the system.

The network also allows users to run nodes on regular personal computers. A desktop application lets them switch node operations on or off, lowering the technical barrier for participation and making it accessible to more users.

Upgrade timeline and network growth

The Protocol 23 upgrade comes after a series of recent changes to the network. Earlier updates, including Protocol 22, were completed without major disruptions or transaction failures. The development team is already working on the next phase, Protocol 26, which is expected in the coming months.

Pi Network continues to grow as well. Over 10 billion tokens have already been transferred into the mainnet. In addition, there are over 421,000 nodes actively connected to the network, as well as over one million CPUs performing computations. 

On the level of applications, the activity of the mainnet has also grown. There are now live transactions being processed on the platform. Developers are working on testing other use cases of the blockchain, for example, decentralized AI services on top of its infrastructure.

Also Read: Trump’s WLFI Under Fire: $550M Raised, Investors Trapped as 5.9B Tokens Sold

Disclaimer: The information researched and reported by The Crypto Times is for informational purposes only and is not a substitute for professional financial advice. Investing in crypto assets involves significant risk due to market volatility. Always Do Your Own Research (DYOR) and consult with a qualified Financial Advisor before making any investment decisions.

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Fabian is Crypto Journalist at The Crypto Times
By Kenrodgers Fabian
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Kenrodgers Fabian is a Crypto Journalist at The Crypto Times, based in Kenya. He reports on high-profile global financial fraud, investment scams, phishing schemes, and cross-chain protocol exploits. His coverage heavily tracks systemic crypto vulnerabilities, ecosystem security breaches, and central bank shifts toward stablecoins and tokenized finance infrastructure. All investigative coverage on crypto cybercrimes and security events passes through his desk before publication. His four years in fast-paced crypto media have shaped his structured approach to deciphering malicious smart contracts, verifying data-heavy fraud cases, and providing accurate reporting on digital currency risks.
Divya Mistry
By Divya Mistry
Follow:
Divya Mistry is the Senior Editor at The Crypto Times. She leads the central editorial desk, overseeing the review and publication of policy analyses, investigative reports, exchange coverage, and protocol exploit stories. Her editorial remit spans digital asset markets, global exchange operations, cross-border digital asset settlements, regulatory developments, and other key developments shaping the cryptocurrency industry. Divya brings more than a decade of experience in editorial strategy, content development, public relations, marketing communications, and research. Before joining The Crypto Times, she worked across multiple sectors, including finance, technology, education, healthcare, real estate, entertainment, lifestyle, and vertical transport, contributing to both digital and print publications. Her research and content work has been featured on platforms including DNA India, Zee, Forbes, and Elevator World India. She holds a Master's degree in English Literature from the University of Mumbai. Drawing on her background in long-form publishing, research, and editorial leadership, she reviews and refines complex stories to ensure accuracy, clarity, and strong editorial standards before publication.

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