TLDR Pi Nodes successfully handled AI processing tasks with stable performance. Pi Network’s OpenMind case study demonstrates decentralized AI processing. Pi Network moves closer to Open Mainnet launch with successful AI tests. Pi Network’s global node network supports AI workloads securely and efficiently. Pi Network has unveiled the results of its OpenMind Proof-of-Concept project, demonstrating [...] The post Pi Network Demonstrates Decentralized AI Processing With OpenMind Study appeared first on CoinCentral.TLDR Pi Nodes successfully handled AI processing tasks with stable performance. Pi Network’s OpenMind case study demonstrates decentralized AI processing. Pi Network moves closer to Open Mainnet launch with successful AI tests. Pi Network’s global node network supports AI workloads securely and efficiently. Pi Network has unveiled the results of its OpenMind Proof-of-Concept project, demonstrating [...] The post Pi Network Demonstrates Decentralized AI Processing With OpenMind Study appeared first on CoinCentral.

Pi Network Demonstrates Decentralized AI Processing With OpenMind Study

2025/11/11 15:10

TLDR

  • Pi Nodes successfully handled AI processing tasks with stable performance.
  • Pi Network’s OpenMind case study demonstrates decentralized AI processing.
  • Pi Network moves closer to Open Mainnet launch with successful AI tests.
  • Pi Network’s global node network supports AI workloads securely and efficiently.

Pi Network has unveiled the results of its OpenMind Proof-of-Concept project, demonstrating the ability of Pi Nodes to handle AI processing tasks effectively. The case study confirms that Pi’s decentralized model can successfully perform AI computing operations, offering a glimpse into a future where ordinary users participate in AI-driven workloads rather than relying on centralized systems. As Pi Network moves toward its Open Mainnet launch, this development marks a critical step in the platform’s evolution.

Successful AI Tasks with Pi Nodes

The OpenMind project showed that Pi Nodes could effectively manage AI processing tasks with minimal errors. According to early feedback from the Pi Network community, the performance of the nodes was stable and reliable during testing. This success in handling AI tasks is a significant milestone for Pi Network, as it demonstrates the potential of using decentralized nodes for complex computing tasks traditionally managed by large, centralized data centers.

“The results of the OpenMind Proof-of-Concept reinforce our belief that decentralizing AI can offer more opportunities for the broader community,” a Pi Network representative stated. The case study emphasized the importance of reducing reliance on centralized cloud providers, which dominate the current AI landscape. With Pi Nodes distributed globally, the network’s decentralized model offers an alternative that can democratize AI computing, enabling individual users to contribute to and benefit from AI workloads.

Pi’s Role in Decentralized AI Processing

Pi Network’s decentralized approach to AI processing is a key feature that distinguishes it from traditional cloud-based models. Instead of relying on a few large corporations to handle data and AI tasks, Pi enables millions of individual users to contribute their computing power. This shift not only reduces the concentration of data but also supports the vision of a more equitable distribution of technology resources.

The decentralized nature of Pi Network ensures that AI computing tasks can be carried out securely, with blockchain mechanisms ensuring the integrity of the system. Each node within the network operates independently, yet is part of a larger, cooperative infrastructure. This collaboration ensures that AI computations are distributed across a global network of nodes, offering enhanced security, scalability, and efficiency.

Progress Toward Open Mainnet Launch

The OpenMind AI Proof-of-Concept comes at a crucial time as Pi Network prepares for its Open Mainnet launch. Following the successful performance of Testnet 1, Pi Network is transitioning to Testnet 2 with the v23 update. This update brings the network closer to its official mainnet deployment, which is expected to introduce decentralized applications (dApps) and enable real-world utility for Pi’s blockchain.

Pi Network’s transition to mainnet will also introduce a range of new features to support developers and node operators. The Pi Desktop v0.5.4 update includes improvements to security, bonus calculations, and transparent reward distribution. These upgrades are designed to ensure that Pi Network is ready to handle the demands of a live blockchain environment, where real-world applications can be built and deployed.

Strengthening the Pi Ecosystem for Future Growth

As Pi Network moves closer to its mainnet launch, the platform continues to focus on strengthening its ecosystem. The Pi App Studio has been upgraded to help developers create decentralized applications more efficiently. This tool now integrates seamlessly with Pi’s evolving infrastructure, enabling developers to build applications that will run directly on the mainnet.

Alongside these updates, Pi Network’s decentralized exchange (Pi DEX) is set to go live in late 2025. The launch of Pi DEX will connect Pi’s blockchain economy with decentralized finance (DeFi) activities, allowing users to engage in real-world financial transactions while contributing to the network’s growth.

Pi Network’s community of 50 million users stands to benefit from these developments, as the network shifts from an experimental phase to one focused on real-world utility. The integration of AI, blockchain, and decentralized finance presents new opportunities for Pi Network’s global user base, further solidifying its role in the Web3 ecosystem.

The post Pi Network Demonstrates Decentralized AI Processing With OpenMind Study appeared first on CoinCentral.

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SEC Backs Nasdaq, CBOE, NYSE Push to Simplify Crypto ETF Rules

SEC Backs Nasdaq, CBOE, NYSE Push to Simplify Crypto ETF Rules

The US SEC on Wednesday approved new listing rules for major exchanges, paving the way for a surge of crypto spot exchange-traded funds. On Wednesday, the regulator voted to let Nasdaq, Cboe BZX and NYSE Arca adopt generic listing standards for commodity-based trust shares. The decision clears the final hurdle for asset managers seeking to launch spot ETFs tied to cryptocurrencies beyond Bitcoin and Ether. In July, the SEC outlined how exchanges could bring new products to market under the framework. Asset managers and exchanges must now meet specific criteria, but will no longer need to undergo drawn-out case-by-case reviews. Solana And XRP Funds Seen to Be First In Line Under the new system, the time from filing to launch can shrink to as little as 75 days, compared with up to 240 days or more under the old rules. “This is the crypto ETP framework we’ve been waiting for,” Bloomberg research analyst James Seyffart said on X, predicting a wave of new products in the coming months. The first filings likely to benefit are those tracking Solana and XRP, both of which have sat in limbo for more than a year. SEC Chair Paul Atkins said the approval reflects a commitment to reduce barriers and foster innovation while maintaining investor protections. The move comes under the administration of President Donald Trump, which has signaled strong support for digital assets after years of hesitation during the Biden era. New Standards Replace Lengthy Reviews And Repeated Denials Until now, the commission reviewed each application separately, requiring one filing from the exchange and another from the asset manager. This dual process often dragged on for months and led to repeated denials. Even Bitcoin spot ETFs, finally approved in Jan. 2024, arrived only after years of resistance and a legal battle with Grayscale. According to Bloomberg ETF analyst Eric Balchunas, the streamlined rules could apply to any cryptocurrency with at least six months of futures trading on the Coinbase Derivatives Exchange. That means more than a dozen tokens may now qualify for listing, potentially unleashing a new wave of altcoin ETFs. SEC Clears Grayscale Large Cap Fund Tracking CoinDesk 5 Index The SEC also approved the Grayscale Digital Large Cap Fund, which tracks the CoinDesk 5 Index, including Bitcoin, Ether, XRP, Solana and Cardano. Alongside this, it cleared the launch of options linked to the Cboe Bitcoin US ETF Index and its mini contract, broadening the set of crypto-linked derivatives on regulated US markets. Analysts say the shift shows how far US policy has moved. Where once regulators resisted digital assets, the latest changes show a growing willingness to bring them into the mainstream financial system under established safeguards
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CryptoNews2025/09/18 12:40