The #PI V23 protocol smart contracts have been enabled, and the Pi ecosystem is about to welcome the DApp era.

The Stellar V23 protocol is a key upgrade for the Pi Network, symbolizing the entire network's transition from simple mining to complete ecological construction. This time, KYC identity verification is directly written into the protocol layer, ensuring that every account is a real person, reducing bots and fake accounts, making future transactions and interactions safer and more compliant, and laying a solid foundation for listing on exchanges and opening global usage. At the same time, the introduction of smart contracts gives the Pi Network a "smart brain," allowing developers to deploy DApps, NFTs, DeFi, and other diverse applications, enabling the entire ecosystem to truly operate. V23 also supports Linux nodes, attracting more technical people to participate, enhancing decentralization and network stability. This upgrade will first go through a test network, gradually transitioning to the main network, ensuring that the functions are safe and reliable, and users will have time to adapt to any temporary interruptions that may occur during the process. With patience and cooperation, a smooth transition to a more powerful Pi mainnet era can be achieved.