A major revolution behind the scenes of the metaverse? What is the new form that "Pi² (PiSquared)" aims for?
Hello, I'm John, your Metaverse guide!
There are actually a lot of new technologies going on behind the scenes of the metaverse that everyone is enjoying. Today, I'd like to introduce you to one of them, a new technology called "Π² (PiSquared)" that may completely change the metaverse experience in the future! It looks like a mathematical symbol and seems difficult to understand, but don't worry, as always, let's take a look at what's so great about this new movement in an easy-to-understand way for beginners!
First of all, what do "Layer 1" and "Layer 2" mean?
Before we talk about Π², have you ever heard of the terms "Layer 1" and "Layer 2"? This is closely related to the technology called "blockchain" that we often hear these days.
Block chainRoughly speaking, it is like a "digital transaction ledger that everyone can monitor." Once recorded, information is very difficult to tamper with, so it is highly reliable. Bitcoin (a type of virtual currency) is famous.
Now, various services using blockchain technology are emerging, but they also have some challenges.
Layer 1: The "foundation" of blockchain
Layer 1is the most basic layer of the blockchain, or the "foundation."The main road network throughout the countryIt's something like that. Famous blockchains such as Bitcoin and Ethereum (also famous blockchain platforms) are layer 1.
On this foundation, various transactions (such as monetary transactions and contracts) will take place and new services (such as special items and games that can be used within the metaverse) will be created.
However, as it becomes more popular and the number of users increases, problems like these start to arise, such as main roads becoming congested.
- Processing will be slower (transactions take a long time to confirm, it will be like a traffic jam)
- Fees are higher (it costs extra to have your transaction processed quickly, and the price goes up when it's busy)
The technical term for this is the "scalability problem." When buying or selling items in the metaverse, Layer 1 is sometimes used, but if it's slow or the fees are high, it's a bit difficult to use.
Layer 2: The "highway" that helps Layer 1
That's where theLayer 2!
Layer 2 is a technology that builds on the foundation of Layer 1 to reduce the burden of processing and speed it up.highway"Or"bypass",or"Side StoriesIt's like this. Even if the main road is congested, you can get by easily by using this road.
This aims to make transactions faster and cheaper, and is actually starting to be used in many projects. However, it is a little difficult to choose which layer 2 technology to use, move assets between layer 1 and layer 2, etc.It takes a little effortThere is also a thing.
In other words, until now, the general thinking was that there was a foundation called "Layer 1," and then a mechanism called "Layer 2" was added later to solve the problems that lay behind it.
What future does Π² (PiSquared) aim for?
Well, the main subjectΠ² (pisquared)It's a very ambitious project that aims to make the very distinction between "Layer 1" and "Layer 2" obsolete.
What Π² is trying to create is a "universal, verifiability-first infrastructure." ... That's a bit of a complicated phrase!
To put it simply, it's something like this.
- Universal:A common platform that anyone can use for any purpose. It is not exclusive to a specific service, but is open to everyone.
- Verifiability comes first:It is a system that places great importance on being able to properly verify whether the transactions and data that have been carried out are truly correct and free of lies and mistakes. This is what blockchain is good at!
- Infrastructure: Basic infrastructure that supports society and services, such as roads, electricity, and water. Here, it is like a fundamental technology that supports the digital world, a new "digital road network."
In other words, Π² isFrom the very start, they are trying to build a completely new digital foundation, a "next-generation all-purpose road," so to speak, that can handle both "Layer 1 issues" and "issues that were being tried to be solved in Layer 2" all at once., that's what it means.
Unlike the conventional approach of "First there is the main road (Layer 1), and when it gets congested, the highway (Layer 2) is added later...", we are trying to realize fast, cheap, and reliable transactions with only one system called Π². If this is realized, users will be able toYou can use the service comfortably without having to think about difficult things.Maybe. The idea is that you won't have to worry about which road to use.
What does this mean for us when it happens?
If new technologies like Π² really become widespread, there will be many changes that are welcomed by us, the users of the metaverse. In particular, since the metaverse is a place where many people access it at the same time and trade various digital items, it is extremely important that the underlying technology is smooth.
For example, we may be able to expect a future like this.
- The buying and selling of items and the use of services within the metaverse will become moreSmooth and inexpensive without worrying about feesMaybe.
- Even those who have previously thought that blockchain is difficult will now be able toIntuitive, without having to worry about the complex differences between layersWe may be able to benefit from blockchain technology.
- By simplifying the infrastructure, developers can create new metaverse experiences and services.Easier and fasterMaybe it will be possible to make it.
- And as a result,Safe and reliableThe digital environment will become a reality.
I believe that the world of the metaverse will continue to evolve more and more from now on, and it is behind-the-scenes technological innovations like Π² that may accelerate this evolution!
Of course, Π² is still in the early stages of development, so we'll have to wait and see how it progresses to see if it will truly have a transformative impact on society. But the emergence of new technology like this has the potential to make the future of the metaverse even richer, which is very exciting!
John's words
Wow, the world of technology is constantly evolving! When I hear about things like Π², I think at first, "Hmm, that sounds difficult...", but when I learn more about it, I realize that it's actually an important movement that may make our lives in the metaverse more convenient and comfortable. I'll continue to do my best to bring you news about new technologies like this in an easy-to-understand way!
This article is based on the following original articles and is summarized from the author's perspective:
Pi Squared Wants to Replace Layer 1, Layer 2—and Everything
in Between