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