Now Reading: Pi Squared Unveils Devnet 2.0 to Deliver Internet-Speed Payments on Web3
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Pi Squared Unveils Devnet 2.0 to Deliver Internet-Speed Payments on Web3
- Pi Squared’s Devnet 2.0 achieves 150,000 TPS with sub-100ms finality, targeting 1 million TPS by 2026.
- OmniSet and OmniSwap enable cross-chain liquidity and instant swaps without bridges.
- Pi Squared’s architecture redefines blockchain scalability, powering Web3 transactions at internet speed.
In a bold stride toward next-generation financial infrastructure, Pi Squared has unveiled Devnet 2.0, a major upgrade to its FastSet protocol, designed to deliver internet-speed payments with near-zero fees and sub-100 millisecond finality, a feat that could redefine how Web3 transactions scale globally.
The launch marks a milestone in Pi Squared’s pursuit of an infinitely scalable decentralized payment network capable of processing transactions faster than any existing blockchain. The FastSet protocol, unlike traditional blockchains that rely on total ordering, executes transactions in parallel, already sustaining 150,000 transactions per second (TPS) and targeting 1 million TPS by mainnet in 2026.
“The future of payments demands more than what blockchains can deliver,” said Grigore Roșu, Founder and CEO of Pi Squared. “With theoretically uncapped TPS, sub-100ms finality, and verifiability by design, FastSet is poised to power global payments and financial systems at scale.”
A Developer Playground for Parallelized Finance
Devnet 2.0 is not merely an upgrade; it is a fully open environment that enables developers to test, build, and experience the FastSet protocol in real-time. The network offers a richer ecosystem, enhanced infrastructure, detailed developer documentation, and multiple DeFi applications that showcase the protocol’s core strengths in speed, verifiability, and composability.
Among the flagship applications debuting with Devnet 2.0 are OmniSet and OmniSwap, two DeFi primitives engineered to eliminate liquidity fragmentation across blockchains:
- OmniSet: Acts as a universal liquidity and settlement layer, enabling users to deposit tokens on any chain, mint them on FastSet, and withdraw on another — all seamlessly and verifiably.
- OmniSwap: Built atop OmniSet, it aggregates decentralized exchanges across multiple networks, delivering optimal swap rates while executing cross-chain trades at lightning speed using verifiable proofs.
Supporting applications, such as Pulsar Money, JoAi, and AI Nexus, are also live on Devnet 2.0, demonstrating FastSet’s capacity for low-latency, high-performance financial logic that extends far beyond conventional blockchain frameworks.
A Block Verification Explorer has been introduced for real-time verification of EVM blocks, underscoring Pi Squared’s commitment to transparency and developer accessibility.
Why It Matters
Pi Squared’s approach represents a fundamental rethinking of distributed ledger design — a post-blockchain architecture that prioritizes parallel execution, deterministic verification, and scalability without the compromises of sharding or rollups. By enabling payments to move “as fast as the internet,” Pi Squared aims to become a backbone layer for Web3 commerce, cross-chain finance, and real-time AI-driven payments.
Devnet 2.0 is now live at pi2.network/devnet
Developers and institutional partners are invited to explore the platform, experiment with FastSet’s SDKs, and build decentralized applications that match the velocity of the digital world.
Editorial Note: This news article has been written with assistance from AI. Edited & fact-checked by the Editorial Team.
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