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Key Takeaways
- A GitHub proposal would turn Bittensor validators into active capital allocators.
- It replaces automatic subnet-token selling with a reinvestment model.
- The change could ease structural sell pressure on TAO.
- TAO trades near $253 after a sharp June recovery.
What Bittensor Is
For readers new to it, Bittensor is a decentralized network that tries to turn machine intelligence into an open market rather than a product owned by a handful of tech giants. Founded in 2019 by Jacob Steeves and Ala Shaabana through the Opentensor Foundation, it runs on the Subtensor blockchain and rewards participants in its native token, TAO, for contributing useful AI work.
This activity is organized through specialized “subnet” networks, independent artificial intelligence ecosystems within Bittensor that compete with one another to create valuable models, data, and services. Each subnet focuses on a specific task or area of artificial intelligence, and validators assess the quality of the results and direct rewards to the projects that create t...
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