Pi Network continues to be a warm issue in crypto corridors. The team of the Altcoin project is now emphasizing the transaction speed, depending on the Bitcoin network. The team made this comparison before the open launch of Pi Network on Thursday, February 20th.
The team emphasizes the speed of Pi Network (Pi Coin)
Pi Network team. Picoin (name in X) claimed that it had a block of block about 120 times faster than Bitcoin. He also said that the transition of the project to the Open Network will significantly increase the number of transactions per block. In this context, Dr. Picoin made the following statement:
Currently, Pi Network takes about 5 seconds per block (as shown in the time stamps in the picture), Bitcoin takes about 10 minutes per block. Based on the block time, the Pi Network is about 120 times faster than Bitcoin.
Another Pi Network supporter Jatin Gupta reiterated Dr Picoin’s statements. Gupta emphasized that the project reached a number of downloads up to 540,000 per day and that it points to increasing interest. Bitcoin’s slow block time has been a bottleneck for a long time to perform transactions. It also inspires innovations like Lightning Network. Pi Network’s five -second block speed proposes a much more efficient system with the increasing processing potential per block after the transition on Thursday.
Pi Network, Google Play Store ‘ It also rose to 4th place!
Jatin Gupta also said that Pi Network has risen to the fourth place in the social category in the Google Play Store. According to Gupta, this placed Pi Network in the same league with large technology giants such as Facebook and Instagram.
Pi network social metrics. Source: Jatin GuptaGupta’s post emphasized the enthusiasm around Pi Network, while at the same time softened with caution. In the same shipment, miners were warned to be prepared for a speed decrease in an approaching speed in March 2025 due to network adjustments. In this direction, Gupta said, “Miners are ready for the coup! A major mining rate decrease in March is coming! Make a mining while being able to do it and be one step ahead, ”he called.
Speed claims lead to controversy: faster than Bitcoin, but…
In the meantime, the claims of Pi Network pioneers have not convinced everyone. Critics pointed out that although the 5 -second block time of Pi Network is impressive, it is behind other Blockchain networks with even higher speeds. A user emphasized solana, Avalanche, Algorand and EOS as remarkable competitors beyond Bitcoin. These comparisons show that Pi Network is significantly faster than Bitcoin, but the fastest Blockchain.
However, the explanations of the pioneers reflect the latest reports showing that the search for Pi Network has reached the highest level of all time and reflects its increasing popularity. Somewhere else, the challenges of listing for Pi Coin continue to be a major obstacle. Analysts said OKX might face difficulties in listing Pi Network, citing OKX’s status and regulatory concerns about regulatory clarity. In the meantime, Binance is a community vote to decide whether Pi Network will be listed on its own platform. Adding another layer of complexity, Pi Network faced legal warnings that created question marks on the compliance of the legislation.
