🚨Flash News: Unlocking the Future: How Smart Contracts Identify Your Pi in the Network Ecosystem @PiCoreTeam @nkokkalis @Chengdiao Understanding how the Smart Contracts system operates within the Pi Network’s Main Ecosystem is crucial for maximizing your transactional experience. Here’s a detailed breakdown of how your Pi is detected prior to executing payment transactions in decentralized applications (dApps). 1. Payment Initiation: When you click the payment button, the system will present you with two distinct values for your Pi: Internal (Contribution) and External (Non-Contribution). During the Global Open Network phase, it's likely that your Pi Wallet will be updated to display two balance categories: the Contribution Balance, marked with the Pi Purity Badge, and the Non-Contribution Balance. 2. API Navigation : No matter which button you select—whether for internal or external Pi—the system will redirect you to the corresponding Application Programming Interface (API), ensuring a seamless transaction process. 3. Real-Time Value Display : If you choose the internal Pi option, the system will automatically reflect a value of 314,159 USD. Conversely, selecting the external Pi button will show the current external Pi price in real-time. Your Payment Source, such as Pi from OKX, will be prominently displayed on your screen prior to confirming the payment. 4. Contribution Transparency: For Pi earned through contributions, the display will indicate api.minepi.com before you proceed to the payment confirmation. This process is straightforward, akin to selecting an item and choosing the "pay in full" or "Cash on Delivery" (COD) options on various online shopping platforms. Mr. Louis Ridwan, Director of Operations at Indo PiNet Mart Indonesia, shares, "We have conducted several offline transaction tests, and the Pi SDK has impressively demonstrated its ability to detect the origin of your Pi." It's important to reiterate: Pi on exchanges is the original, legal, and official form of Pi for transactions. However, it may not fully embody the attributes of traditional currency. Therefore, if you have the means, consider purchasing Pi on exchanges. While the concept of dual value may seem perplexing to some pioneers, it is well understood by those familiar with the underlying technology of the Pi Network. The future of transactions in this ecosystem is not just promising; it’s already taking shape! #PiNetwork #PiCoin #PiDualValue #SmartContract #PiNetworkEcosystem #PiPayementInitiation #ApiNavigation #RealTimeValue #ContributionTransparency