The August 11 Ultimatum: Pi Network's Forced Node Upgrade and the Anatomy of a 97% Value Collapse
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Fear
Market Sentiment
Independent validator client goes live on mainnet
Block reward halving event
Circulating supply increases by about 2%
Team and early investor shares released
92 million ARB released
Raises validator limit and account abstraction
Block reward reduced to 3.125 BTC
Improves data availability sampling efficiency
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