With the Top cover removed, we can see that the Pwnagotchi has a Waveshare E-Ink Display.

This area is covered by the 3D printed case to protect the display ribbon and electronics

The GIPO Ports all go inside the raspberry Pi Zero, you will not need the white, 8-pin header (It can be removed if you want to have a slimmer pwnagotchi)

This Pwnagotchi utilizes the V2 Display because of the better refresh rate. There is less ghosting on the display compares to the V1