#Top Gainers to Watch#  Pi Network Shuts Down Central Node, Prepares for Grand Announcement

Pi Network has shut down its central node and plans to release its source code.
It is advancing its decentralization efforts.
The network is aligning its announcement with Consensus 2025. It is generating excitement about potential ecosystem change.
The Pi Network’s increased transparency aims to build trust. However, concerns about centralization and coin control remain.
The Pi Network core team has officially shut down its central node, taking a significant step towards decentralization.
The move comes after the network promised a major ecosystem announcement in line with the Consensus 2025 event that kicked off today in Toronto.
Pi Network Shuts Down Central Node Ahead of Releasing Source Code
The Pi Network core team has reportedly shut down its central node, taking a significant step towards decentralization. The network has also announced plans to release its source code.
‘The Pi core team has shut down the central node, ready to release the source code. Pi Network is sure to rock the Consensus 2025 event,’ Pi Network shared.
The post highlighted the shutdown of the central node and showed a network diagram confirming its removal.
The move is in line with Pi Network’s mission to transition from a centrally controlled project to a fully decentralized blockchain, secured by its own IPoS (Enhanced Proof of Stake) consensus mechanism.
‘There’s no more FUD about centralized fraud or hidden logic. If there’s a bug or a backdoor, you’ll know. If the consensus model is secure, you’ll see it. This is trustworthiness on the blockchain,’ Web 3 researcher and Pi advocate Tanner explained.
The planned release of Pi Network’s source code could increase transparency and community trust. This comes amid long-standing concerns about the project’s true decentralization.
The Pi Network’s referral-based mining model and opaque governance structure have led many to question whether true decentralization is possible. Critics have cited the network’s supernode architecture as a risk of centralization.
The Pi core team still plays a dominant role in supernode selection. It also owns an estimated 82.8 billion PI coins, raising red flags about concentration of power.
Consensus 2025 Strategic Timing As It Begins.
The timing of these developments is no coincidence. In a post on May 8, the Pi Network hinted at a major announcement, likely to be officially unveiled during Consensus 2025. The network made waves in a post on Wednesday, raising expectations for a major reveal.
‘I think the time is now. 2025/5/14—Pi is about to explode,’ Pi UpdatesDaily hinted in a post.
Amid the excitement of Consensus 2025, Pi Network representatives are in attendance, while community members are expecting three events. Beyond Wednesday’s mysterious big ecosystem announcement, there’s also “something BIG/GOOD” on Thursday, May 15, and a talk by Pi Network’s Dr Nicolas in Toronto.
‘May 14: Announcement from Pi Ecosystem, May 15: Hint of something BIG/GOOD, May 16: Dr Nicolas will speak in person,’ Pi UpdatesDaily reported.
Indeed, given its weight as one of blockchain’s biggest stages, Consensus 2025 could present Pi Network with the opportunity to redefine public perception. Concerns over alleged fraud, a closed mainnet, and inaccessible token transfers persist.
Despite claims of decentralization, users in some regions remain limited due to network restrictions. Access to features like “Lightning” still requires a VPN. This highlights ongoing issues with accessibility and raises questions about how open the Pi ecosystem is.
Meanwhile, other positive developments highlight the Pi Network mining app and Pi Browser updates to the Play Store.
‘Both the Pi Network mining app and Pi Browser app received new updates to the Play Store today, just before the mega announcement dropped,’ a Pi community leader emphasized.
Pi Network has over 100 million downloads for its mining app and over 10 million for its Pi Browser. Updates aside, Pi Network community members are still longing for another listing on another exchange.
Pi could finally make the transition from a speculative mobile mining app to a legitimate Layer-1 protocol by making real progress in decentralization and open development.
Amid these developments, Pi Network’s PI coin has surged by almost 5% in the last 24 hours. It was trading at $1.18.