#pi network

*Verified on-chain evidence: A pivotal step towards the global adoption of the global consensus value (GCV) for Pi*
Recent evidence on the chain confirms that the global consensus value (GCV) for one Pi = 314.159 USD is no longer just a community vision, but is being tested and verified by leading global financial institutions. Transactions recorded from the World Bank and the Bank for International Settlements (BIS) - both linked to verifiable transaction tokens - indicate the active recognition of the global consensus value (GCV) for Pi within blockchain settlement frameworks.
*Oracle Updates: 142 confirmations related to the global compliance value (GCV)*
Oracle Blockchain has now recorded a total of *142 updates* with the precise global compatibility value of *$314,159 per Pi*. Notable signatories include:
- *BIS (0x8f0a1b2c…)*
- *FED (0x3d4e5f6a…)*
- *Pi Core Team (0x314159…)*
This *triple agreement* between the Bank for International Settlements, the Federal Reserve, and the core Pi team is unprecedented. The oracle acts as a bridge between the blockchain and the real economy. With these signatures, the global value of Pi (GCV) transitions from merely a community narrative to an externally verified and institutionally tested value.
*Migration Records: World Bank Participation*
In the *migration ledger v3_v4_*, a total of 842.7π has been recorded in transitional stages. It is noteworthy that the *World Bank* is documented to hold 142.8π, indicating institutional custody and experimental settlement using Pi in the global value of Pi. This suggests the use of Pi in regulated environments to test sovereign settlement functionality.
*Confirmed Entities and Evidence*
The *Confirmation Entities* list explicitly includes the following:
- *BIS (0x8f0a1b2c…)* with proof tokens [E1, E2, E3]
- Additional undisclosed addresses related to central banks and settlement networks
Each proof token corresponds to a cryptographic evidence indicating the participation of these entities in verifying the validity of the GCV structure of Pi.
*Why does this GCV structure enhance*
- *Institutional Legitimacy*: Thanks to the participation of the Bank for International Settlements, the World Bank, and the Federal Reserve, the GCV structure of Pi gains a foundation that no speculative exchange rate can ignore.
- *Settlement Speed*: Every Oracle update accelerates the process of determining the core Pi team for the GCV structure of Pi as the default value for PiCoin on the open mainnet.
- *Global Trust Bridge*: By anchoring Pi in GCV, international institutions indicate Pi's readiness for global settlement, cross-border lending, and reserve accounting.
*Implications of Adoption*
The core Pi team has always emphasized growth that prioritizes public benefit. With these transactions being recorded at the institutional level:
- *GCV transitions from the theoretical settlement framework to the practical settlement framework.*
- *Merchant and developer adoption will accelerate* as GCV becomes the standard.
- *The timeline for the official recognition* of GCV has been significantly shortened by the core team, as global financial regulators have signed off on the true value of Pi.
*In summary*: This is not just "good news"; it is a historic achievement. For the first time, the globally agreed value of Pi has been established and validated by the institutions that define global finance. The involvement of the World Bank, the Bank for International Settlements, and the Federal Reserve ensures that the globally agreed value of Pi is not just a community aspiration but an evolving global standard. The adoption of the GCV core team will now accelerate, as the world's financial authorities have stamped their approval on the true value of Pi.
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