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Bittensor

Bittensor is an open-source protocol that powers a decentralized, blockchain-based machine learning network. Machine learning models train collaboratively and are rewarded in TAO based on the informational value they provide to the collective. TAO also provides external access, allowing users to extract information from the network while customizing its activities to their needs. The ultimate goal is to create a pure market for artificial intelligence, an incentivized environment in which buyers and sellers of this valuable commodity can interact in a trustless, open, and transparent way.

What is Bittensor?

Bittensor is a decentralized protocol that combines blockchain technology with artificial intelligence (AI) to create an open, peer-to-peer market for AI models. It aims to democratize AI development by enabling a global network of participants to contribute and access machine learning models in a transparent and incentivized environment.

How Does Bittensor Work?

Bittensor operates through a network of subnets, each dedicated to specific AI tasks. Participants, known as miners, provide computational resources and AI models, while validators assess the quality of these contributions. The network utilizes the Yuma consensus mechanism to evaluate and reward the most effective AI models with TAO tokens, fostering continuous improvement and innovation.

What Makes Bittensor Unique?

Bittensor stands out by decentralizing AI development, allowing for a diverse range of AI models to be trained and shared across its network. Key features include its incentive-driven model that rewards quality contributions, a scalable architecture supporting various AI applications, and the integration of blockchain to ensure transparency and security.

Who Are the Founders of Bittensor?

Bittensor was founded by Jacob Robert Steeves and Ala Shaabana. Jacob, an ex-Google engineer, brings expertise in distributed systems and large-scale computing. Ala, a post-doctoral researcher, contributes deep knowledge in machine learning and distributed systems. Together, they envisioned a decentralized platform to democratize AI development.

Latest News

What Key Events Have There Been for Bittensor?

Bittensor has achieved significant milestones, including the development of specialized subnets like Omron, which utilizes zero-knowledge proofs for secure data processing, and Targon, known for its cost-effective computation. Additionally, the network has seen the release of large public datasets, such as the 700 million-row Reddit dataset by Dataverse, enhancing its AI capabilities.

Project Announcements

Recent updates include the expansion of subnets focusing on diverse AI tasks, improvements in the Yuma consensus mechanism, and partnerships aimed at enhancing the network's computational resources and AI model diversity.

Upcoming Events

No data

Projects Announcements

Where to Buy Bittensor?

TAO tokens can be traded on several exchanges, including Gate.io, MEXC, Bitget, and BingX. These platforms offer various trading pairs, with TAO/USDT being among the most popular.

Bittensor Price

Daily Trading Volume

The daily trading volume of TAO tokens varies, reflecting market demand and activity.

All-Time High

The all-time high price of TAO was $348.56, reached recently. Compared to the current price of $321.75, this represents a slight decrease.

All-Time Low

The all-time low price of TAO is not specified in the available data.

Market Cap and Valuation

Market Cap

The current market capitalization of TAO is not specified in the available data.

Fully Diluted Valuation

The fully diluted valuation considers the total supply of 21 million TAO tokens, providing a comprehensive view of the network's potential market value.

Bittensor Price Prediction

While specific price predictions are not provided, factors influencing TAO's price include market sentiment, adoption rates, technological advancements within the Bittensor network, and broader trends in the AI and blockchain sectors.

FAQ

What is the Purpose of Bittensor?

How Can I Participate in Bittensor's Ecosystem?

What Sets Bittensor Apart from Competitors?

Is Bittensor Secure?

What are the Risks Associated with Bittensor?

Community Sentiment

23.54K Votes

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Disclaimer and Risk Warning: Some content on this page may be assisted or generated by AI and is for general reference only. For the most accurate and updated information, please refer to the official website of the project. Bitget Wallet values every partnership. If you notice any issues or inaccuracies, feel free to reach out to us at [email protected] — we appreciate your feedback and will make improvements where needed.