DeFi· ★★· neutral·

Pi Network activates Protocol 28 on mainnet

  • —The switch is recorded between ledgers 29,247,354 and 29,247,355 on October 16
  • —Base fee and base reserve stayed at 100,000 and 4,900,000 stroops
  • —Maximum transaction-set size remained at 1,000
  • —The first Protocol 28 ledger held two successful and five failed transactions
Why it matters: The activation is a technical milestone for node operators, but it does not by itself confirm lower fees or higher throughput.
Source: Bitcoin Insider