In a groundbreaking move for Web3 innovation, Pi Squared has officially announced the launch of its Devnet 2.0, a monumental upgrade to its unique FastSet protocol. With its ability to process transactions at unparalleled speeds, FastSet is poised to transform global payments and financial systems.
What is FastSet?
Unlike traditional blockchains relying on total ordering, FastSet processes transactions in parallel, allowing it to achieve incredibly high transaction speeds. Currently operating at 150,000 transactions per second (TPS) with sub-100ms finality, FastSet aims to reach an astonishing 1 million TPS by its mainnet launch in 2026. This development ensures instant, verifiable, and cost-effective payments at a global scale.
Devnet 2.0: A New Era for Developers
Devnet 2.0 serves as a playground for developers to build and test applications on the FastSet protocol. It introduces an enriched ecosystem, comprehensive developer documentation, and two flagship DeFi applications: Omniset and OmniSwap. OmniSwap, launching soon, is set to revolutionize cross-chain asset movement, establishing FastSet as a leader in high-performance, low-latency use cases.
Additionally, Devnet 2.0 debuts a Block Verification Explorer for real-time verification of EVM blocks and showcases applications like Pulsar Money, JoAi, and AI Nexus.
Why FastSet Matters
As traditional cryptocurrency networks often face scalability and latency challenges, FastSet positions itself as the solution for seamless peer-to-peer (P2P) payments. With its theoretically uncapped TPS and ultra-low latency, FastSet directly addresses the growing demands of global financial systems.
“The future of payments demands more than what blockchains can deliver. Pi Squared is ready to power global payments and financial systems at scale,” said Grigore Roșu, Founder and CEO of Pi Squared.
How to Get Started
FastSet’s Devnet 2.0 is officially live as of November 5th, 2025, at https://pi2.network/devnet. Developers, enthusiasts, and innovators are encouraged to explore its capabilities and begin integrating this revolutionary protocol into their applications. For more details on building with FastSet, check out Pi Squared’s official website.
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About Pi Squared
Pi Squared is committed to revolutionizing global payments with its infinitely scalable decentralized network. Bridging the gap between Web3 promises and real-world financial systems, FastSet allows payments to operate at the speed of the internet. Follow the latest developments and updates through Pi Squared’s official channels.