Devnet 2.0 by Pi Squared – 150,000 transactions per second

  • Blockchain company Pi Squared released its Devnet 2.0 on November 5, 2025. The new version of the company's proprietary FastSet protocol is designed to process transactions in near real-time, thereby overcoming the scaling limitations of previous blockchains.
  • According to the company, FastSet currently achieves 150,000 transactions per second with a completion time of under 100 milliseconds. Pi Squared aims for a performance of one million transactions per second by its mainnet launch in 2026.
  • Unlike other blockchains that rely on a complete sequence of transactions, FastSet processes them in parallel. This is intended to enable payments and smart contract interactions without delay and with verifiable traceability.
  • Devnet 2.0 provides developers with access to improved infrastructure, new applications, and expanded API documentation to build projects directly on FastSet.
  • Two DeFi applications mark the launch of the new development environment: OmniSet and OmniSwap. OmniSet acts as a universal liquidity and settlement layer, connecting liquidity across multiple blockchains.
  • Users can deposit tokens on any blockchain, use them on FastSet, and then withdraw them on another chain. OmniSwap uses this infrastructure to aggregate decentralized exchanges and automatically find the best exchange rates.
  • Furthermore, Pi Squared is introducing a “Block Verification Explorer” that allows for real-time verification of EVM blocks. Other partner projects, such as Pulsar Money, JoAi, and AI Nexus, are showcasing initial use cases for fast and data-intensive DeFi and AI integrations.
  • “The future of payments requires more than existing blockchains can deliver,” said Grigore Roșu, founder and CEO of Pi Squared. “With a theoretically unlimited transaction rate, sub-100-millisecond finality, and built-in verifiability, Pi Squared is ready to enable global, real-time payment systems.”

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