Pi Network: 5 Milestones in 4 Months, Founder Speaks at Consensus 2026

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Pi Network News: Founder at Consensus 2026 as Project Hits Five Major Milestones in Four Months

Nicolas Kokkalis, a founder of Pi Network, will be speaking at Consensus 2026 in Miami on May 7th. He’ll be part of a panel discussion called “How to Prove You’re Human in an AI World Without Doxing Yourself” on the Convergence Stage, from 10:15 to 10:45 AM Eastern Time.

As a crypto investor, I’ve been following Pi Network closely, and they recently explained a really important problem they’re trying to solve: proving you’re a real person online. With AI getting so good at creating fake profiles and bots, it’s becoming harder to tell who’s genuine. Pi’s team is focused on finding a way to verify identities *without* forcing people to share a bunch of personal information – which I think is a really smart approach and a big deal for the future of the internet.

The launch of Consensus happens at a time when Pi Network is seeing its most significant progress yet.

Five Promises, Five Deliveries

As an analyst, I’ve been tracking Pi’s progress closely, focusing solely on official reports. I’ve identified five key achievements Pi reached in the first four months of 2026. It’s been a productive start to the year for the project, based on what’s been publicly shared.

Pi’s constant improvement through updates to its core rules (called protocols) has been key to its development. Currently, most of Pi’s systems are running on Protocol 20, and the newest version, Protocol 21, launched with a major security upgrade on April 6th. The development team has a public plan to reach Protocol 26 by the end of June 2026, which is a faster pace of improvement than before.

Smart contracts were launched on the test network on April 17th. The initial contract was built for businesses that need to manage recurring subscriptions – like those offering streaming services, online shopping, or software – and allows subscribers to approve a set budget one time instead of re-authorizing each payment. This contract is currently being reviewed by external auditors and is available as PRC2 on GitHub. A service allowing developers to directly interact with the blockchain was released ten days prior.

Over 16.5 million users have successfully transitioned to the main network, and more than 119,000 have completed a second migration, including those who earned referral bonuses. For added security, two-factor authentication is now required for all network users.

On April 3rd, people who helped verify identities (KYC validators) received rewards of 0.0504 Pi for each validation – about 21 times more than the standard mining rate. The Pi Foundation added 10 million Pi to the reward pool. This successful distribution showed that Pi can effectively coordinate, track, and pay over a million verified users with its own token, something no other blockchain has achieved on this scale.

The Pi ecosystem is growing! Pi App Studio is now fully operational with real payments, and Pi Launchpad is available for testing. Plus, Kraken, a major and regulated cryptocurrency exchange, is starting to support PI by verifying user identities.

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2026-04-21 06:07