Pi Network (PI) pioneers highlight transaction speed

PI Network remains a hot theme in the criminal corridors, with the pioneers of the project now highlighting its transaction speed compared to what the Bitcoin network offers.

The comparison comes before PI Network Open Launch on Thursday (20).

Higher speed and growing popularity

One of PI Network pioneers Dr. Picoin No X indicated that she has a block time approximately 120 times faster than Bitcoin. In addition, he stated that the transition to Open Network would significantly increase the number of transactions per block.

Currently, PI Network takes about 5 seconds per block (as shown by the date/hour stamps in the image), while Bitcoin takes approximately 10 minutes per block. Based on block time, Pi Network is about 120 times faster than Bitcoin, he wrote Dr. Dr. Picoin.

Another advocate of PI Network, Jatin Gupta, echoed Dr. Picoin’s statements. Gupta highlighted how the project is seeing up to 540 thousand daily downloads, which signals a growing interest.

Bitcoin’s slow block time has been a bottleneck for transaction processing, inspiring innovations such as Lightning Network. Pi Network’s five-second block speed suggests a much more efficient system, with the potential to increase block transactions after the transition on Thursday.

In addition, Gupta indicated that PI Network has risen to fourth position in the social category on the Google Play Store. According to Gupta, this puts it at the same level of technology giants as Facebook and Instagram.

PI Network Social Metrics
PI Network social metrics. Source: Gupta no X

Although Gupta’s post highlighted the euphoria around Pi Network, it was also seasoned with caution. The same post warned the miners to prepare for an imminent drop in speed in March 2025 due to network adjustments.

Miners, prepare for impact! A large drop in mining speed is coming in March 2025! MINERE WHILE CAN AND STAY Ahead, GUPTA alerted.

Despite the enthusiasm around PI Network, the project remains controversial, with debates, listing controversies and under legal criticism before its long -awaited Mainnet release.

Faster than bitcoin, but not the fastest

Meanwhile, not everyone is convinced by the pioneers of PI Network pioneers. Critics have pointed out that although PI Network’s 5 -second block time is impressive, it is still short of other blockchain networks that have even faster speeds. One user highlighted Solana, Avalanche, Alterand and EOS as notable competitors besides Bitcoin.

Solana – Known for its high capacity, you can process transactions with a block time of about 400 milliseconds (0.4 seconds). Avalanche aims to finish in less than a second with your consensus protocol, which can finalize transactions in less than a second in ideal conditions, making it much faster than PI Network. Al Tésorand’s Pure Participation Protocol (PPES) allows an almost instant transaction finish, with block times around 3.3 seconds, slightly faster than Pi Network. EOS has a block production time of about 0.5 seconds, the user challenged.

These comparisons suggest that Pi Network is significantly faster than Bitcoin, but not necessarily the fastest blockchain.

In fact, the pioneers’ observations reflect recent reports indicating that the interest of searching for PI Network has reached a historical record, reflecting its growing popularity.

Elsewhere, listing challenges for PI Coin remains a major obstacle. Analysts said OKX could face challenges with PI Network listing, citing concerns about project status and regulatory clarity. Meanwhile, Binance is conducting a community vote to decide whether PI Network should be listed on its platform.

Adding another layer of complexity, PI Network has faced legal warnings that raise questions about its regulatory compliance.

Nevertheless, the pioneers remain optimistic, with many working to dispel fear, uncertainty and doubt (FUD) before the project’s open network. Analysts also spoke out, with some defending the project against coup allegations and highlighting its potential for mainstream adoption.

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