Pi Network activates smart contracts on Testnet2, enabling Web3 development with support from over 17.5 million KYC-verified users worldwide.
Pi Network has activated smart contracts on Testnet2, marking a new stage in its Web3 development. The network now provides developers with live tools to build decentralized applications.
This progress takes place alongside a verified global user base of more than 17.5 million KYC-approved Pioneers.
Smart contracts are now active on Pi Network’s Testnet2, enabling developers to deploy programmable blockchain logic. These tools allow the creation of applications for payments, marketplaces, identity systems, and governance features.
Developers now have an operational environment to begin structured development.
The launch comes with a large verified audience already in place. Pi Network’s more than 17.5 million KYC-verified users form one of the largest authenticated communities in Web3.
This allows builders to design applications for real participants rather than simulated users.
With the infrastructure ready and users available, development can move forward without delay. Builders can test features, measure engagement, and adjust designs based on actual usage. This setup supports practical development rather than experimental concepts.
Pi Network’s emphasis on identity verification reduces issues common in other blockchain ecosystems. Many platforms struggle with bots and duplicate wallets. Pi Network’s KYC process ensures that users represent real individuals.
This structure provides developers with clearer usage data and consistent feedback. Applications can be refined based on real behavior instead of speculative activity. A Pi Network representative stated, “Verified participation allows developers to focus on real use cases.”
The presence of authenticated users supports applications focused on commerce, services, and digital interaction. Developers can build systems that reflect everyday needs and stable engagement patterns.
Related Reading: Pi Network Speeds Up Standard KYC With New AI Integration
Testnet2 functions as a controlled environment where developers can test smart contracts safely. Applications can be evaluated under real network conditions while maintaining user protection and system stability.
Testnet V2 has shown stable onboarding, reliable finality, and consistent network activity, which now serve as the base for a contribution-driven economic layer on the mainnet.
This approach allows performance testing and security checks before wider deployment. Developers can address issues early and improve efficiency. The gradual process supports long-term network readiness.
Smart contracts also enable Pi Coin to operate within applications as a utility token. Users can make payments, access services, and participate in decentralized platforms. This expands Pi Coin’s role within the ecosystem.
Pi Network’s Testnet2 smart contract activation marks a transition from preparation to active development. Developers now have tools, structure, and a verified audience to support real Web3 applications.
The post Pi Network Opens Smart Contract Era Backed by 17.5M KYC Users Worldwide appeared first on Live Bitcoin News.

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