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The differences and connections between PI NETWORK V23 and STELLAR V23
Although the version numbers of Pi Network's v23 and Stellar's v23 are the same, they are essentially two completely different, independent protocol versions.
They "diverge from the same source and develop independently."
Understanding the differences and relationships:
1. Core Difference: Two Completely Different Entities
1. Different blockchain networks
· Stellar v23: Refers to the 23rd major version of the Stellar public chain core protocol. It is applicable to the entire Stellar network, including its native token XLM and all assets issued on it (such as USDC).
· Pi Network v23: Refers to a version of the core protocol of the Pi public chain. It is only applicable to the Pi Network and its native token Pi. These are two completely parallel and non-interfering blockchains.
2. Different consensus mechanisms (the most fundamental difference)
· Stellar: Uses the mature SCP (Stellar Consensus Protocol), where consensus is reached by validating nodes through voting.
· Pi Network: Although initially inspired by SCP, it has now developed an original consensus algorithm based on "Security Circles." This mechanism allows every ordinary user to participate in secure consensus by forming trust circles, which is fundamentally different from Stellar's node voting model. This is the independent core characteristic of the Pi blockchain.
3. Different development goals and content
The updates in Stellar v23 focus on optimizing the Stellar network itself, such as improving transaction processing efficiency, enhancing the fee mechanism, and strengthening protocol security.
· The updates in Pi Network v23 are entirely focused on building and improving the Pi ecosystem, such as:
· Distributed KYC: Decentralizing the identity verification process and integrating it into the protocol layer.
· Support for Linux nodes: Expand the node operating environment and enhance the level of network decentralization.
· Smart contract preparation: Laying the foundation for future applications such as DeFi and NFTs on the Pi chain.
· Mainnet Transition: All updates serve the goal of its final launch on the mainnet.
2. Potential Connections: Historical Origins and Design Inspiration
1. Historical Code Origins (the starting point of "forks")
The Pi Network initially forked the Stellar codebase. This means that the "initial version" of the Pi blockchain is built on Stellar Core. This is the most fundamental historical connection between the two.
2. Continuation and Innovation of Design Philosophy
Pi Network inherits some core design concepts from Stellar, such as:
· Low energy consumption: All use consensus mechanisms instead of energy-consuming proof of work (PoW).
· High speed and low cost: Aimed at achieving fast and inexpensive transactions.
· Inclusive finance: All are committed to enabling more people to access financial services.
However, Pi has made significant innovations in these concepts (especially in the consensus mechanism), forming its own unique path.
3. The possibility of indirect ecological bridges (future)
Although the two chains are completely independent now, future interconnectivity through technologies such as "cross-chain bridges" cannot be ruled out. For example, wrapping Pi coins as assets on the Stellar chain (such as wPI) would allow Pi assets to utilize existing tools in the Stellar ecosystem (such as the SEP-24 fiat entry) for trading. However, this pertains to potential future cooperation and integration, rather than a direct correlation between versions.
Think of Stellar as the original kernel of the Linux operating system. Pi Network initially copied the Linux code (forked), but later rewrote the core scheduling module (consensus mechanism) according to its own needs (such as allowing everyone to participate in system maintenance using their mobile phones), and added many features that the original version did not have (such as KYC integration).
Now, although they are both called "v23", Linux v23 and Pi-OS v23 are already two independent operating systems serving different purposes.
The version numbers of Pi Network v23 and Stellar v23 are the same purely by coincidence. They represent a technical milestone in the development paths of two independent blockchains, and apart from an early code origin, there is no direct connection between them in terms of technical implementation, development goals, and current ecosystems.
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