Pi Network is going open-source next week — but there’s still a catch.

Pi Network Goes Open-Source — But Is True Decentralization Next?

Pi Network Decentralization Takes a Step Forward Ahead of Consensus 2025

In a bold move ahead of Consensus 2025, Pi Network has shut down its central node and announced plans to release its open-source crypto code. These developments mark a major shift in Pi’s roadmap and have reignited the long-standing debate around its decentralization claims.

Central Node Removed, Source Code Coming Soon

The Pi Network core team released a new network diagram that confirms the removal of its central node. This move clearly aligns with the project’s stated goal of transitioning toward decentralization, powered by its proprietary Improved Proof of Stake (IPoS) mechanism.

Furthermore, by promising to release the Pi Network’s source code next week, the team hopes to boost transparency and community trust. However, not everyone in the crypto community is convinced this is enough.

Source : X

Hype Builds with a Three-Day Announcement Lineup

Meanwhile, Pi Network is maximizing its presence at Consensus 2025 with a carefully timed, three-day announcement streak:

• May 14: A “major” announcement
• May 15: Promises of something “GREAT/GOOD”
• May 16: A keynote from co-founder Dr. Nicolas Kokkalis

As a result, community anticipation has skyrocketed. This wave of reveals is not only generating buzz but also raising the stakes. If executed well, it could dramatically shift the Pi cryptocurrency narrative.

Source : X

Criticism Persists Despite Technical Progress

Despite the technical milestone of removing the central node, critics continue to raise red flags. For instance, many point to the network’s referral-based mining model, which some argue prioritizes rapid growth over security.

Additionally, opaque governance structures, centralized supernode selection, and the core team’s reported control of 82.8 billion PI coins further complicate claims of decentralization. In contrast to the open-source rhetoric, these factors suggest a network still tightly held by insiders.

Mainnet Still Closed, Access Remains Limited

Moreover, the Pi Network mainnet remains closed. Users cannot freely transfer their coins, and in certain regions, access to essential features like “Lightning” often requires a VPN. Consequently, these access limitations continue to challenge Pi’s narrative of inclusion and openness.

For a project that champions decentralization, these restrictions feel increasingly out of step with its public messaging.

What’s Next for Pi Network?

Looking ahead, the Pi community is bracing for what could be a defining moment. The coming announcements may introduce real change — or reinforce existing doubts. Either way, the world will be watching.

If Pi Network follows through by opening its mainnet and empowering its community, it could finally deliver on its decentralization promise. However, if it maintains control through indirect levers, its reputation may suffer long-term.

Ultimately, the latest Pi Network news puts the project at a crossroads. The next chapter will either validate its open-source ambitions — or expose the limits of its decentralization story.