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$PI Pi Network Set to Unveil Its Expansive Ecosystem at Consensus 2025 in Canada. In a major move that signals its transition from experimental project to global player, Pi Network is preparing to make a significant appearance at Consensus 2025, one of the most anticipated blockchain events of the year. Scheduled to take place in Toronto, Canada, the annual event will serve as the global stage where Pi Network introduces its much-discussed and rapidly growing ecosystem to the broader crypto and tech world. The announcement comes at a critical juncture for Pi Network. With over 60 million users worldwide, recent price action showing heightened market interest, and the community’s long-standing anticipation of the Open Mainnet, Pi Network’s official debut at Consensus 2025 is expected to draw massive attention from developers, investors, and media alike. A Long-Awaited Moment for Pi Network For over five years, Pi Network has operated under the radar, focusing on building infrastructure, decentralization, and community rather than quick gains or early exchange listings. Since its launch in 2019 by a team of Stanford PhDs led by Dr. Nicolas Kokkalis, Pi has grown quietly but steadily. Now, with the upcoming Consensus 2025 platform, the project appears ready to take the next major step. According to sources close to the Pi Core Team, the presentation in Toronto will showcase not only the current capabilities of the Pi ecosystem but also the vision for a truly decentralized world, where users, developers, and businesses are at the core of the digital economy—not large centralized intermediaries. “This will not be a simple booth with Pi merchandise,” said an anonymous representative familiar with the event’s preparations. “This will be a declaration of intent—a showcase of everything Pi has built and a statement of where it’s going next.” What to Expect at Consensus 2025 The Consensus conference, hosted annually by CoinDesk, is regarded as one of the most prestigious global events in the blockchain and fintech industries. It attracts thousands of attendees, including major corporate executives, venture capitalists, developers, regulators, and thought leaders from around the world. Pi Network’s segment is expected to feature: A live demonstration of its decentralized apps (dApps) running on the Pi Mainnet. Introduction of the Pi Ad Network, enabling monetization of traffic in the Pi ecosystem. Updates on the ongoing Mainnet Migration process and KYC completion statistics. A roadmap for Open Mainnet activation, including possible exchange integrations. Real-world use cases, including stores and businesses now accepting Pi as payment. Keynote remarks from the Pi Core Team addressing decentralization, scalability, and the community’s vision. Notably, Pi’s approach emphasizes mobile-first accessibility, low-barrier entry through smartphone mining, and a strong emphasis on real-world utility—a contrast to the trading-first mentality of many competing blockchain projects. A Holistic and “Omnipotent” Ecosystem One of the key themes Pi Network will push at Consensus 2025 is the concept of an “omnipotent ecosystem.” In this context, the term refers to the network’s capacity to unify payment systems, advertising networks, decentralized apps, and identity verification tools under one coherent blockchain infrastructure. The Pi ecosystem includes several key components: Pi Browser: A gateway for users to interact with decentralized applications. Pi Wallet: A secure, self-custody wallet enabling transactions within the ecosystem. Pi Chat and Pioneer Portal: Communication and utility hubs that enhance user participation. Pi App Platform: An environment for developers to build and launch Web3 applications for Pi users. Pi KYC & Migration Portal: Tools that enable regulatory compliance and seamless transition to Mainnet for users. By integrating all these services, Pi aims to create a self-contained digital economy that is open, permissionless, and scalable for billions of mobile users worldwide. “Many chains focus on speed or fees. Pi focuses on people,” says Michael Yu, a blockchain analyst at DeCode Insights. “That human-centric design—especially in emerging markets—is what makes Pi’s ecosystem so powerful. It’s not just omnipotent in a technical sense. It’s adaptable to human needs.” Timing and Global Attention The timing of this unveiling is significant. As of May 2025, global confidence in decentralized finance is rebounding after regulatory uncertainty in the U.S. and Europe throughout 2024. Projects that prioritize utility, security, and real-world value are increasingly capturing investor interest. Pi Network's steady development, vast user base, and resistance to speculative pressure have made it a subject of intrigue in many crypto and tech circles. Major publications, including Forbes, have listed Pi Network as one of the top trending cryptocurrencies of the year. “The appearance at Consensus is not just about technology; it’s about optics,” explains Jessica Fielding, a crypto marketing strategist. “After years of being questioned for not listing on exchanges, Pi is finally making its case to the world. The project’s insistence on substance over speculation is about to pay off.” Pioneer Power: The Community That Built Pi Perhaps the most remarkable aspect of Pi Network’s rise is the fact that it has been largely driven by its user base—known as Pioneers. These users mined Pi tokens on their smartphones without expending physical energy or electricity, relying instead on network trust and participation. With millions of users completing KYC and migrating to Mainnet, and thousands of small businesses now accepting Pi in countries ranging from Nigeria to the Philippines to Brazil, the community’s grassroots energy has proven to be one of the network’s greatest assets. At Consensus 2025, Pi’s Core Team is expected to spotlight several community-led initiatives, including local barter ecosystems, educational programs, and dApp innovations developed by Pioneers. “It’s not just a conference booth,” said a lead developer within the network. “It’s a celebration of what people can build when they believe in something long before it becomes popular.” What Comes Next? After the unveiling at Consensus 2025, expectations are high that Pi Network will announce a firm timeline for Open Mainnet, signaling full interoperability with the wider blockchain ecosystem and possible listing on top exchanges. Additionally, more partnerships with traditional businesses and Web3 projects may be revealed, expanding Pi’s real-world use cases and further validating its place in the crypto economy. Still, challenges remain. Regulatory navigation, developer scaling, and user education continue to be key areas Pi must address to maintain momentum. “Pi Network is no longer the underdog,” said Fielding. “They’re on the main stage now, and the next 12 months will determine whether they lead or follow in this new phase of blockchain evolution.” For now, all eyes are on Toronto.

Binance founder Changpeng Zhao (CZ) has warned crypto users after a phishing scam targeted Ledger’s Discord community. The phishing attack involved a compromised contractor’s account and, importantly, did not result from a breach of Ledger’s systems. Ledger has since confirmed the message was fake and part of a sophisticated social engineering attack, a common crypto phishing attack vector. The phishing attempt involved a fraudulent message posted on Ledger’s Discord server. It falsely claimed there had been a critical vulnerability in Ledger’s security systems that may have exposed user data. This includes 24-word recovery phrases, shipping details, and transaction history. Related: Binance’s CZ Criticizes Safe’s Bybit Hack Report as ZenGo Expands TRX Wallet Features The fake message directed users to a phishing website disguised as a verification portal. Victims were urged to connect their wallets and enter their recovery phrases under the pretense of verifying their security status and receiving compensation for the supposed breach. Sharing the details of the fake announcement, CZ reminded users to stay vigilant, especially when interacting on social media. “Never give up your private key recovery phrases, no matter who is doing the asking,” CZ said on X. Zhao stressed that social network accounts for a crypto company are often their weakest links. The statement highlights ongoing concerns in the crypto community about the susceptibility of social platforms to impersonation and other forms of social engineering. In response to CZ’s post, Ledger clarified that its core systems and administrative Discord accounts were not compromised. The company stated that a third party accessed a contractor moderator’s account, using it to post the phishing message in one Discord channel. According to Ledger, the issue was detected and resolved in less than an hour. The compromised account was removed, the phishing site was reported, and all permissions were reviewed and secured. The company also reinforced its Discord security policies following the incident. Related: Ledger Pushes Update as Wallet Users Targeted in Sophisticated Attack Ledger reminded users that it will never request recovery phrases through Discord, email, or any third-party service. All official announcements and updates should only be accessed via Ledger.com or its verified X account. Disclaimer: The information presented in this article is for informational and educational purposes only. The article does not constitute financial advice or advice of any kind. Coin Edition is not responsible for any losses incurred as a result of the utilization of content, products, or services mentioned. Readers are advised to exercise caution before taking any action related to the company.

$OBOL achievements more recent developments, were some projects was not, like: 1. Formation of the Obol Collective Obol Labs has established the Obol Collective, bringing together over 50 Ethereum ecosystem participants, including Lido, EigenLayer, and Figment, to advance DVT and strengthen Ethereum's consensus layer. 2. Software Upgrades and Performance Enhancements The release of Obol v0.17 introduced significant improvements: Reduced Bandwidth Requirements: Over 50% reduction, facilitating broader participation. Enhanced Scalability: Successful testing with thousands of nodes, maintaining performance parity with centralized validators. 3. Partnerships and Pilot Programs Lido Integration: Lido has piloted Obol's DVT, demonstrating improved validator resilience and performance. Stakely's Obol Portal: Stakely launched a portal allowing users to stake on distributed validators, contributing to Ethereum's decentralization and earning potential governance rights. 4. Obol Contribution Program This initiative allocates 1% of staking rewards to a retroactive funding mechanism, supporting projects that enhance Ethereum's infrastructure. Participants gain: Direct Rewards: Earn while contributing to the ecosystem. Governance Opportunities: Potential future access to decision-making within the Obol Collective. $OBOL

The U.S. SEC is set to hold a high-profile roundtable on asset tokenization on May 12, titled Tokenization: Moving Assets Onchain: Where TradFi and DeFi Meet. The event will feature major figures from traditional finance and the digital asset space. Kicking off the session at 1 p.m. ET, SEC Chairman Paul S. Atkins will deliver a keynote speech addressing the regulatory and innovation dynamics of tokenization. His remarks will be followed by comments from Commissioners Caroline A. Crenshaw, Mark T. Uyeda, and Hester M. Peirce. The event is part of the SEC’s Crypto Task Force initiative and will be open to the public via webcast. Walk-in attendance is also welcome at the venue, subject to security screening. Related: SEC Crypto Task Force Web Portal Goes Live to Clarify Regulations The first discussion panel, “Evolution of Finance: Capital Markets 2.0,” will run from 2 p.m. to 3:30 p.m. and be moderated by Jeff Dinwoodie (Cravath, Swaine & Moore LLP). Participants include Cynthia Lo Bessette from Fidelity, Eun Ah Choi from Nasdaq, Will Geyer from Invesco, Sandy Kaul from Franklin Templeton, and Robert Mitchnick from BlackRock. Other panelists include: These leaders will explore how tokenization is reshaping market infrastructure and capital flows, with insights from firms actively deploying or piloting tokenized assets. After a short break, the second session, “The Future of Tokenization,” will begin at 4 p.m. and run through 5:30 p.m., moderated by Tiffany Smith (WilmerHale). This session leans more into the crypto-native and legal perspectives, with speakers including: The topics will range from legal frameworks and systemic risk to institutional adoption and decentralized finance (DeFi) innovation. Ultimately, the participation of top executives from BlackRock, Fidelity, Franklin Templeton, Nasdaq, and Robinhood, among others, suggests strong institutional interest in shaping the regulatory narrative around tokenization. Related: RWA Market Hits Record $240 Billion: The Tokenization of Everything? With growing attention on real-world asset tokenization and blockchain-based capital markets, the SEC’s engagement may lead to updated policy frameworks. Disclaimer: The information presented in this article is for informational and educational purposes only. The article does not constitute financial advice or advice of any kind. Coin Edition is not responsible for any losses incurred as a result of the utilization of content, products, or services mentioned. Readers are advised to exercise caution before taking any action related to the company.

## Introduction Simple Harmonic Movement (SHM) represents a revolutionary approach to blockchain infrastructure and tokenomics through its implementation in the Shardeum ecosystem. As a native utility token, SHM powers an advanced sharded blockchain architecture designed to solve critical scalability issues while maintaining true decentralization. This comprehensive analysis explores the fundamental properties of SHM, its technical underpinnings, economic model, and its potential to reshape blockchain adoption through innovative design principles. ## Shardeum's Technical Foundation To fully grasp SHM's significance, one must first understand the groundbreaking architecture it supports. Shardeum implements a unique approach to blockchain scaling through: ### Dynamic State Sharding Unlike traditional blockchain designs where every node processes every transaction, Shardeum divides its network into multiple shards—separate partitions that process transactions in parallel. What distinguishes Shardeum's implementation is its dynamic architecture: - Automatic adjustment of shard count and size based on network demand - Cross-shard transaction processing with atomic composability - Linear scalability where throughput increases proportionally with network nodes ### Auto-Scaling Network Design Shardeum introduces a paradigm shift in how blockchain networks handle growing transaction demand: - Network capacity expands automatically as more nodes join the ecosystem - Transaction fees remain stable regardless of network congestion - Minimum hardware requirements enable broader node participation ### EVM Compatibility Shardeum maintains complete compatibility with the Ethereum Virtual Machine, allowing: - Seamless migration of existing Ethereum applications - Familiar development environments for the largest blockchain developer community - Access to established tooling and infrastructure ## The SHM Token: Core Functions The SHM token serves as the essential fuel for the Shardeum ecosystem with several key functions: ### Network Operation SHM enables fundamental network operations: - Powering gas fees for transaction processing - Compensating validators for securing the network - Facilitating smart contract execution - Supporting data storage on the blockchain ### Validator Staking The security and decentralization of the Shardeum network depend on SHM staking: - Validators must stake SHM to participate in network consensus - Stake amounts determine validator selection probability - Economic penalties (slashing) for malicious behavior create security alignment - Rewards proportional to stake and network participation ### Governance Mechanism SHM empowers holders to participate in network governance: - Proposing protocol improvements and modifications - Voting on parameter adjustments and technical updates - Determining resource allocation from the ecosystem fund - Setting validator requirements and reward structures ### Fee Structure Shardeum implements an innovative fee mechanism through SHM: - Predictable transaction costs regardless of network congestion - Fee burning mechanism to create deflationary pressure - Optional priority fees for expedited transaction processing - Fee rebates for specific ecosystem-building activities ## Tokenomics and Distribution The SHM token implements a carefully designed economic model: ### Supply Parameters - **Maximum Supply**: 508 million SHM tokens represent the fixed maximum supply - **Circulating Supply**: Increases according to a predetermined emission schedule - **Distribution Schedule**: Gradual release over 8 years to ensure sustainable ecosystem growth ### Allocation Breakdown The total SHM supply distribution follows this structure: - Community Allocation: 50.8% (258 million SHM) - Team and Advisors: 19% (96.5 million SHM) - Foundation Reserve: 17.2% (87.5 million SHM) - Early Investors: 13% (66 million SHM) ### Economic Mechanisms Several economic designs ensure SHM's long-term sustainability: - **Deflationary Pressure**: A portion of transaction fees are permanently burned, reducing supply over time - **Validator Incentives**: Carefully balanced rewards to maintain network security without excessive inflation - **Vesting Schedules**: Time-locked tokens for team and investors to ensure long-term alignment - **Liquidity Programs**: Structured market making to support healthy trading without artificial price manipulation ## The Shardeum Ecosystem SHM powers a comprehensive ecosystem designed for mainstream blockchain adoption: ### Developer Infrastructure Shardeum provides robust support for developers: - Comprehensive SDKs for multiple programming languages - Testing environments with automated debugging tools - Faucets for testnet SHM to facilitate development - Documentation and educational resources for blockchain builders ### DApp Ecosystem The platform supports diverse decentralized applications: - DeFi protocols with cross-shard composability - NFT marketplaces leveraging low-fee infrastructure - Gaming applications requiring high throughput - Enterprise solutions with predictable operating costs ### Community Governance SHM holders participate in a sophisticated governance system: - On-chain voting through a dedicated governance portal - Delegated voting for technical proposals - Multiple voting mechanisms based on proposal types - Transparent execution of approved changes ### Cross-Chain Infrastructure Shardeum extends its utility through interoperability: - Native bridges to major blockchain ecosystems - Cross-chain asset transfers with minimal friction - Interoperable smart contract execution - Shared security models with partner networks ## Technical Differentiators Several technical innovations distinguish SHM and the Shardeum network: ### Consensus Mechanism Shardeum implements a novel consensus approach combining: - Proof of Stake for validator selection and economic security - Proof of Quorum for transaction validation across shards - Byzantine Fault Tolerance to prevent malicious activities - Leader rotation to prevent centralization of control ### Atomic Composability Unlike most sharded blockchains, Shardeum maintains atomic composability: - Cross-shard transactions execute with ACID guarantees - Smart contracts can interact seamlessly across shards - No complex bridging required for inter-shard communication - Maintains the developer experience of a single unified blockchain ### Resource Efficiency Shardeum's architecture optimizes computational resources: - Nodes process only transactions relevant to their assigned shards - Vertical scaling optimizes resource utilization - Selective state storage reduces hardware requirements - Adaptive computation based on network demand ## Market Position and Competition SHM operates in the competitive layer-1 blockchain market: ### Competitive Landscape Shardeum positions itself against other scalability solutions: - Layer-1 competitors: Solana, Avalanche, Near Protocol - Sharding approaches: Ethereum 2.0, Near, Harmony - EVM-compatible chains: Polygon, Binance Smart Chain, Fantom ### Differentiation Strategy SHM distinguishes itself through several core advantages: - True linear scalability without sacrificing decentralization - Stable transaction fees regardless of network utilization - Lower technical barriers for node operation - EVM compatibility without compromise ## Adoption Drivers and Use Cases Several factors drive SHM adoption across different sectors: ### Enterprise Applications Businesses find particular value in Shardeum's design: - Predictable transaction costs for financial planning - High throughput for customer-facing applications - Compliance-friendly infrastructure with auditability - Lower operational costs compared to traditional blockchain solutions ### DeFi Ecosystem Decentralized finance protocols benefit from: - Low and stable fees enabling micro-transactions - High throughput supporting trading volume spikes - Cross-shard composability for complex financial instruments - MEV (miner extractable value) protection mechanisms ### Web3 Gaming Game developers leverage Shardeum for: - High transaction throughput for in-game actions - Low fees enabling microtransactions and frequent interactions - Predictable performance for smooth gameplay - Cross-game asset interoperability ## Challenges and Considerations Despite its innovative approach, SHM and Shardeum face several challenges: ### Technical Implementation - Maintaining atomic composability at scale presents significant engineering challenges - Cross-shard transaction ordering introduces complexity - Dynamic resharding requires sophisticated consensus mechanisms - Balancing decentralization with performance optimizations ### Market Adoption - Competing in the crowded layer-1 space requires significant developer outreach - Building network effects in an established ecosystem landscape - Converting Ethereum developers despite compatibility advantages - Overcoming the inertia of existing blockchain communities ### Regulatory Landscape - Navigating evolving cryptocurrency regulations across jurisdictions - Ensuring compliance with securities laws for token distributions - Adapting to potential changes in DeFi regulations - Maintaining decentralization while addressing regulatory concerns ## Future Development Roadmap The Shardeum ecosystem has outlined several key initiatives: ### Technical Evolution - Implementation of zero-knowledge proofs for enhanced privacy - Layer-2 solutions built atop the sharded architecture - AI-enhanced network optimization for routing efficiency - Advanced cross-chain interoperability protocols ### Ecosystem Expansion - Developer grants program funded by the foundation reserve - Educational initiatives to onboard traditional developers - Enterprise partnership program for business adoption - Regional accelerators targeting emerging markets ### Governance Advancement - Transition to fully decentralized governance - Implementation of quadratic voting mechanisms - Reputation-based proposal filtration - Specialized governance tracks for technical vs. financial decisions ## Conclusion SHM represents a significant innovation in the blockchain space through its role in powering Shardeum's unique sharded architecture. By addressing the fundamental blockchain trilemma of balancing scalability, security, and decentralization, SHM positions itself as a potentially transformative force in the evolution of decentralized technology. For developers, enterprises, and blockchain users, SHM offers a compelling alternative to existing solutions through its predictable fees, linear scalability, and EVM compatibility. While challenges remain in execution and market adoption, the token's thoughtful economic design and the technical innovations it enables provide a solid foundation for long-term ecosystem growth. As blockchain technology continues its march toward mainstream adoption, solutions like SHM and Shardeum that focus on practical usability concerns while maintaining core decentralization principles represent an important evolution in the industry's maturation. The ultimate success of SHM will depend on the continued execution of its technical roadmap and its ability to build a vibrant community of developers, validators, and users who recognize its unique value proposition in the competitive blockchain landscape.$SHM