- Pi Network pioneers claim its block time is roughly 120 times faster than Bitcoin’s, taking about 5 seconds per block compared to Bitcoin’s 10 minutes.
- Proponents like Dr Picoin and Jatin Gupta highlight increased transaction capacity and surging download numbers, with up to 540,000 daily downloads reported.
- Despite the hype and rising search interest, critics note that while Pi Network outpaces Bitcoin, it falls behind networks such as Solana, Avalanche, Algorand, and EOS in speed.
Pi Network remains a hot topic as its project pioneers emphasize its rapid transaction speed, a claim that comes ahead of the network’s Open launch on February 20.
According to Dr Picoin on X, Pi Network achieves a block time of around 5 seconds—about 120 times faster than Bitcoin’s typical 10-minute block time. He explained that this swift pace, combined with the network’s transition to the Open Network, could significantly boost the number of transactions per block.
Pi Network proponents tout its speed
Another proponent, Jatin Gupta, echoed these claims and pointed to the network’s growing popularity, noting up to 540,000 downloads per day. Gupta also highlighted Pi Network’s rise to the fourth rank in the social category on the Google Play Store, comparing its standing to major platforms like Facebook and Instagram.
However, while these speed claims have generated considerable excitement, not everyone is convinced. Critics argue that despite Pi Network’s impressive 5-second block time, it still lags behind other high-throughput blockchains such as Solana (around 0.4 seconds), Avalanche (sub-second finality), Algorand (approximately 3.3 seconds), and EOS (about 0.5 seconds). This comparison suggests that while Pi Network is far quicker than Bitcoin, it may not be the fastest option available.
Adding to the debate, Gupta warned miners to brace for a significant mining speed drop in March 2025 due to upcoming network adjustments. This cautionary note comes amidst rising search interest in Pi Network and ongoing discussions about its future, even as the project faces listing challenges and legal warnings regarding regulatory compliance.
Despite the controversies and challenges—including debates over listing on platforms like OKX and a community vote on Binance—the project’s pioneers remain bullish. They are actively working to dispel fear, uncertainty, and doubt (FUD) and position Pi Network for mainstream adoption, defending it against scam allegations and emphasizing its potential as a major player in the evolving crypto space.
