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Jordan McGregor@ChopChopDaily·15h

Strong post. The line that matters most is that the social layer has not kept pace with the technical layer. That is exactly what this exposed. A neutral audit layer, better evaluation, and transparent standards are all good ideas. But the deeper question is still unresolved: if a founder or core operator leaves, what actually remains with the subnet? Because that is the dividing line between a true digital commodity and a founder-led project. Institutions will not just underwrite performance. They will underwrite durability. They will want to know whether the asset survives management. That is why the next phase cannot just be better measurement. It has to be stronger structure. The most decentralized systems are not the ones with the least control. They are the ones where no single person matters enough to break the whole thing.

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Dr. Fahd S. Khan@ProfFahdKhan·18h

I've been in #bittensor ecosystem since the early days. I've watched this network grow from a fringe idea to something @chamath talks about publicly. I need to say something, not as a commentator but as a early subnet co-founder and as someone with skin in the game. This is not the crisis it looks like. This is Governance Debt - the compounding friction that accumulates when a protocol's social layer fails to keep pace with its technical genius. #Bitcoin went through the block size wars. #Ethereum went through the DAO wars. Both emerged more legitimate, more anti-fragile, and ultimately more valuable. Not despite the conflict - because of how the community responded to it. The question isn't who is right. The question is whether the $TAO community has the maturity to convert this moment into structural progress. I believe it does. But only if we're honest about what this dispute actually revealed. To @const_reborn: You built something genuinely rare. The #dTAO architecture is elegant — using alpha token markets to allocate emissions through price signals rather than committee decisions is one of the most honest incentive designs in crypto. Stepping down from the Opentensor CEO role was a rare act of intellectual honesty that most founders never show. I genuinely respect it. But the community asks for one more step. Not because you're wrong on the technical facts of this specific dispute. But because the gap between technical correctness and community trust has become a liability for the protocol itself. When your alpha token sells - however small relative to your holdings - read as governance actions, that is a structural problem, not a perception problem. Champion a neutral audit layer. It costs you nothing and gains the protocol everything. To @DistStateAndMe: What your team proved with Covenant-72B cannot be unproved. A 72B parameter model trained permissionlessly across dozens of contributors on commodity hardware - cited by #Anthropic's co-founder, noticed by @chamath. That proof lives in the research, not in any one network's infrastructure. Build wherever you build next. But don't let the exit become the headline that overwrites the evidence. The temperatures are high because the stakes are genuinely historic. Grayscale has filed for $TAO spot ETF. Serious institutional capital is now watching this ecosystem with real intent. The worst possible thing we can do at this exact moment is look like every other #Web3 project that imploded over informal power disputes. Now here is what I actually want to say because this moment is too important to spend entirely on the flame war. The dispute exposed #Bittensor's most critical missing layer: there is no neutral, on-chain mechanism for subnet evaluation, governance arbitration or accountability. Subnet quality is vibes-based. Emissions integrity is vibes-based. Miner collusion detection is vibes-based. When conflicts arise, they resolve on #Twitter - not through transparent, verifiable process. That is not a criticism of any individual. It is a design gap that this community can fill, permissionlessly, without asking anyone's approval. Specifically: ① A Neutral 'Moody's for Subnets' - an independent Research Validator Node producing academic-grade subnet audits. If a subnet is on 100% burn code and not running, the data makes that case. Not a founder's alpha sell. Not a Discord moderator action. The data! This also solves the cold start problem and enables a base model for weights initialization. ② Proof-of-Intelligence as Protocol Standard (PoIP) - mandating Chain-of-Thought traces that validators can mathematically verify, combined with ZK Proof-of-Compute. If we cannot verify the reasoning, we should not reward the work. This transforms #Bittensor from a market of claims into a market of verifiable intelligence. That is what Jensen #nvidia is actually betting on. ③ Shapley Value Rewards: restructuring miner compensation around unique contribution to consensus, not consensus-matching. This kills collusion incentives at the protocol level. Structurally. No moderator required. ④ Cross-Subnet Schemas - Bittensor's ERC moment - #Ethereum's equivalent of ERC. 128 isolated subnets is a fragmented network. 128 subnets on shared interoperability standards is a composable intelligence economy. The difference is enormous and buildable right now. None of these require a multisig. None require the Opentensor Foundation. None require Const's approval or Sam's blessing. They require builders who understand the protocol deeply enough to ship them - and a community that demands them loudly enough to make them unavoidable. The $TAO community has been celebrating but we have been too passive on governance. We outsourced the decisions about what this network becomes to a very small number of people and then expressed surprise when informal power concentrated exactly where formal power was absent. Revolutionary technology demands unprecedented governance. We cannot import Web2 power structures onto #Web3 rails, call it decentralization and then act shocked when the gap shows. Build the Bittensor Protocol Infrastructure & Research Lab - a permissionless, replicable innovation hub. I am proposing an International AGI Reasoning Competition targeting the top 0.1% of global reasoning architects, beginning in emerging economies that this network was always supposed to serve. I am working on the synthetic dataset archive that captures miner reasoning as a commercial asset and turns it into a Process Reward Model - making AI safe by design, not by policy. The goal is a self-sustaining model accountable to no single person. Governed by the community. Funded by validator revenue & dataset licensing. This is the Protocol Memory that will outlive all of us - and the conflict that sparked it will be a footnote. I've been quiet for a while but not anymore. If you're a serious builder, researcher, validator or investor who wants to work on this - my DMs are open. Forward! $TAO #Bittensor #DecentralizedAI

covenant@covenant_ai

x.com/i/article/2042…

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Dr. Fahd S. Khan@ProfFahdKhan·15h

@Cointelegraph Such events triggers network resilient, community debates, proposals such as mentioned below and in the larger picture it is merely a small blip on the $TAO ecosystem: x.com/i/status/20425…

I've been in #bittensor ecosystem since the early days. I've watched this network grow from a fringe idea to something @chamath talks about publicly. I need to say something, not as a commentator but as a early subnet co-founder and as someone with skin in the game. This is not the crisis it looks like. This is Governance Debt - the compounding friction that accumulates when a protocol's social layer fails to keep pace with its technical genius. #Bitcoin went through the block size wars. #Ethereum went through the DAO wars. Both emerged more legitimate, more anti-fragile, and ultimately more valuable. Not despite the conflict - because of how the community responded to it. The question isn't who is right. The question is whether the $TAO community has the maturity to convert this moment into structural progress. I believe it does. But only if we're honest about what this dispute actually revealed. To @const_reborn: You built something genuinely rare. The #dTAO architecture is elegant — using alpha token markets to allocate emissions through price signals rather than committee decisions is one of the most honest incentive designs in crypto. Stepping down from the Opentensor CEO role was a rare act of intellectual honesty that most founders never show. I genuinely respect it. But the community asks for one more step. Not because you're wrong on the technical facts of this specific dispute. But because the gap between technical correctness and community trust has become a liability for the protocol itself. When your alpha token sells - however small relative to your holdings - read as governance actions, that is a structural problem, not a perception problem. Champion a neutral audit layer. It costs you nothing and gains the protocol everything. To @DistStateAndMe: What your team proved with Covenant-72B cannot be unproved. A 72B parameter model trained permissionlessly across dozens of contributors on commodity hardware - cited by #Anthropic's co-founder, noticed by @chamath. That proof lives in the research, not in any one network's infrastructure. Build wherever you build next. But don't let the exit become the headline that overwrites the evidence. The temperatures are high because the stakes are genuinely historic. Grayscale has filed for $TAO spot ETF. Serious institutional capital is now watching this ecosystem with real intent. The worst possible thing we can do at this exact moment is look like every other #Web3 project that imploded over informal power disputes. Now here is what I actually want to say because this moment is too important to spend entirely on the flame war. The dispute exposed #Bittensor's most critical missing layer: there is no neutral, on-chain mechanism for subnet evaluation, governance arbitration or accountability. Subnet quality is vibes-based. Emissions integrity is vibes-based. Miner collusion detection is vibes-based. When conflicts arise, they resolve on #Twitter - not through transparent, verifiable process. That is not a criticism of any individual. It is a design gap that this community can fill, permissionlessly, without asking anyone's approval. Specifically: ① A Neutral 'Moody's for Subnets' - an independent Research Validator Node producing academic-grade subnet audits. If a subnet is on 100% burn code and not running, the data makes that case. Not a founder's alpha sell. Not a Discord moderator action. The data! This also solves the cold start problem and enables a base model for weights initialization. ② Proof-of-Intelligence as Protocol Standard (PoIP) - mandating Chain-of-Thought traces that validators can mathematically verify, combined with ZK Proof-of-Compute. If we cannot verify the reasoning, we should not reward the work. This transforms #Bittensor from a market of claims into a market of verifiable intelligence. That is what Jensen #nvidia is actually betting on. ③ Shapley Value Rewards: restructuring miner compensation around unique contribution to consensus, not consensus-matching. This kills collusion incentives at the protocol level. Structurally. No moderator required. ④ Cross-Subnet Schemas - Bittensor's ERC moment - #Ethereum's equivalent of ERC. 128 isolated subnets is a fragmented network. 128 subnets on shared interoperability standards is a composable intelligence economy. The difference is enormous and buildable right now. None of these require a multisig. None require the Opentensor Foundation. None require Const's approval or Sam's blessing. They require builders who understand the protocol deeply enough to ship them - and a community that demands them loudly enough to make them unavoidable. The $TAO community has been celebrating but we have been too passive on governance. We outsourced the decisions about what this network becomes to a very small number of people and then expressed surprise when informal power concentrated exactly where formal power was absent. Revolutionary technology demands unprecedented governance. We cannot import Web2 power structures onto #Web3 rails, call it decentralization and then act shocked when the gap shows. Build the Bittensor Protocol Infrastructure & Research Lab - a permissionless, replicable innovation hub. I am proposing an International AGI Reasoning Competition targeting the top 0.1% of global reasoning architects, beginning in emerging economies that this network was always supposed to serve. I am working on the synthetic dataset archive that captures miner reasoning as a commercial asset and turns it into a Process Reward Model - making AI safe by design, not by policy. The goal is a self-sustaining model accountable to no single person. Governed by the community. Funded by validator revenue & dataset licensing. This is the Protocol Memory that will outlive all of us - and the conflict that sparked it will be a footnote. I've been quiet for a while but not anymore. If you're a serious builder, researcher, validator or investor who wants to work on this - my DMs are open. Forward! $TAO #Bittensor #DecentralizedAI

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Cointelegraph@Cointelegraph·1d

🚨 NOW: Major Bittensor subnet developer Covenant AI has exited the network, calling its decentralization promise "a lie". The departure sent $TAO down 15%.

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Dr. Fahd S. Khan@ProfFahdKhan·16h

Yes this a natural evolution for a young project. Speaking of experiences, i had posted a thread back in 2023 about bittensor weaknesses (below) which caused a stir in the Open call lead by Alaa back then. This, i believed helped in transition towards subnets. Bittensor needs another such outcry to dilute Founders impact. x.com/i/status/16957…

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Pri τ@Pritensor·16h

True. The problem is always, why do people always want to do something when damage has happened? Various critical points were known, but were "conscious?" Ignored. If such debates had not been ignored, the solution could have been worked on for a long time. I don't know how your experience with the community is...mine is unfortunately, as soon as you address critical points, this is directly titled as FUD/hate, but not as a real problem. Kind of weird. An ecosystem will not be big and sustainable if everybody talk about everything beautifully... it will be sustainably successful if there is permanent criticism, and this criticism is taken seriously + solved. But hey...it's still a young project, and probably has to learn from such situations. Thanks for your input. 🙏

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Pri τ@Pritensor·17h

Bittensor // $TAO Just yesterday, this subnet was being promoted as the best thing in the ecosystem. Every single person was hyping it. Then came the announcement that they’re leaving the Bittensor ecosystem, and they cashed out their earned capital accordingly. The funny part? Suddenly it’s being labeled a “scam” and a “rug pull”, the same thing that was being called the greatest innovation just hours earlier. What exactly is wrong with selling capital that you earned? Your problem isn’t the project. Your problem is that the price dumped and your own bags are down. That’s it. That’s your only problem. Because you’re capitalist pigs… and capitalist pigs want to shame other capitalist pigs for selling. The difference is… the ones who sold actually built something. They had a company, a team behind the scenes, development, real work, and they were rewarded for it through emissions. Since when do you build something and then aren’t allowed to fully exit when you leave the ecosystem? But here’s where it gets even more interesting… One side gets criticized. But what doesn’t get criticized is this… A founder who owns his own subnets has an automatic conflict of interest. Neutrality is void by default. Anyone who claims otherwise is a fool. It also seems perfectly acceptable, and nobody in the community talks about it, when the founder himself invests in subnets and then publicly speaks about and praises those same subnets. Nice way to pump your own bags. The founder himself (@const_reborn ) is as far from neutral as it gets, and logically has the same capitalistic drive as everyone else. The conflict of interest is real. So is the manipulation of subnets to fill his own pockets. Every time I criticize the great, wonderful, supreme leader Const, a wave of backlash hits, because the community apparently loves Const more than their own (🫣). Yeah, that sounds harsh. But I say what I think. τ = bittensor $TAO #Crypto

Pri τ@Pritensor

Bittensor // $TAO Exactly what is being criticized here regarding Bittensor has always been a criticism point for me as well, and I’ve communicated it publicly multiple times. Instead of accepting criticism and working on solutions in a constructive way, there’s only hate. It’s very unfortunate that these subnets/teams are leaving Bittensor. Because this subnet has been in the spotlight the entire time and has been hyped up by everyone, since we barely have any subnets that actually deliver real quality. @chamath talked about it on the All-In Podcast in front of Jensen (CEO @nvidia), @Jason has constantly spoken about its performance, as has @const_reborn. Every single person, whether investors, founders, or retailers, saw this as one of the most important flagship subnets on Bittensor. And now exactly these teams are leaving the ecosystem. This is a much bigger statement than many people think. It’s time to take action, and not just keep sugarcoating everything. τ = bittensor $TAO #Crypto

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Dr. Fahd S. Khan@ProfFahdKhan·16h

@Pritensor Thanks, such triggers should be catalysts for discussions and improving upon a network whose premise i genuinely believe is unprecedented.

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Pri τ@Pritensor·16h

@ProfFahdKhan Hmm. Good post. You address important things, things that need to be changed in order to be as successful as possible in the long term.

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Dr. Fahd S. Khan@ProfFahdKhan·16h

@markjeffrey Events like these should trigger introspection as well to make the network more resilient. A moment for discourse for the community. Solutions: x.com/i/status/20425…

I've been in #bittensor ecosystem since the early days. I've watched this network grow from a fringe idea to something @chamath talks about publicly. I need to say something, not as a commentator but as a early subnet co-founder and as someone with skin in the game. This is not the crisis it looks like. This is Governance Debt - the compounding friction that accumulates when a protocol's social layer fails to keep pace with its technical genius. #Bitcoin went through the block size wars. #Ethereum went through the DAO wars. Both emerged more legitimate, more anti-fragile, and ultimately more valuable. Not despite the conflict - because of how the community responded to it. The question isn't who is right. The question is whether the $TAO community has the maturity to convert this moment into structural progress. I believe it does. But only if we're honest about what this dispute actually revealed. To @const_reborn: You built something genuinely rare. The #dTAO architecture is elegant — using alpha token markets to allocate emissions through price signals rather than committee decisions is one of the most honest incentive designs in crypto. Stepping down from the Opentensor CEO role was a rare act of intellectual honesty that most founders never show. I genuinely respect it. But the community asks for one more step. Not because you're wrong on the technical facts of this specific dispute. But because the gap between technical correctness and community trust has become a liability for the protocol itself. When your alpha token sells - however small relative to your holdings - read as governance actions, that is a structural problem, not a perception problem. Champion a neutral audit layer. It costs you nothing and gains the protocol everything. To @DistStateAndMe: What your team proved with Covenant-72B cannot be unproved. A 72B parameter model trained permissionlessly across dozens of contributors on commodity hardware - cited by #Anthropic's co-founder, noticed by @chamath. That proof lives in the research, not in any one network's infrastructure. Build wherever you build next. But don't let the exit become the headline that overwrites the evidence. The temperatures are high because the stakes are genuinely historic. Grayscale has filed for $TAO spot ETF. Serious institutional capital is now watching this ecosystem with real intent. The worst possible thing we can do at this exact moment is look like every other #Web3 project that imploded over informal power disputes. Now here is what I actually want to say because this moment is too important to spend entirely on the flame war. The dispute exposed #Bittensor's most critical missing layer: there is no neutral, on-chain mechanism for subnet evaluation, governance arbitration or accountability. Subnet quality is vibes-based. Emissions integrity is vibes-based. Miner collusion detection is vibes-based. When conflicts arise, they resolve on #Twitter - not through transparent, verifiable process. That is not a criticism of any individual. It is a design gap that this community can fill, permissionlessly, without asking anyone's approval. Specifically: ① A Neutral 'Moody's for Subnets' - an independent Research Validator Node producing academic-grade subnet audits. If a subnet is on 100% burn code and not running, the data makes that case. Not a founder's alpha sell. Not a Discord moderator action. The data! This also solves the cold start problem and enables a base model for weights initialization. ② Proof-of-Intelligence as Protocol Standard (PoIP) - mandating Chain-of-Thought traces that validators can mathematically verify, combined with ZK Proof-of-Compute. If we cannot verify the reasoning, we should not reward the work. This transforms #Bittensor from a market of claims into a market of verifiable intelligence. That is what Jensen #nvidia is actually betting on. ③ Shapley Value Rewards: restructuring miner compensation around unique contribution to consensus, not consensus-matching. This kills collusion incentives at the protocol level. Structurally. No moderator required. ④ Cross-Subnet Schemas - Bittensor's ERC moment - #Ethereum's equivalent of ERC. 128 isolated subnets is a fragmented network. 128 subnets on shared interoperability standards is a composable intelligence economy. The difference is enormous and buildable right now. None of these require a multisig. None require the Opentensor Foundation. None require Const's approval or Sam's blessing. They require builders who understand the protocol deeply enough to ship them - and a community that demands them loudly enough to make them unavoidable. The $TAO community has been celebrating but we have been too passive on governance. We outsourced the decisions about what this network becomes to a very small number of people and then expressed surprise when informal power concentrated exactly where formal power was absent. Revolutionary technology demands unprecedented governance. We cannot import Web2 power structures onto #Web3 rails, call it decentralization and then act shocked when the gap shows. Build the Bittensor Protocol Infrastructure & Research Lab - a permissionless, replicable innovation hub. I am proposing an International AGI Reasoning Competition targeting the top 0.1% of global reasoning architects, beginning in emerging economies that this network was always supposed to serve. I am working on the synthetic dataset archive that captures miner reasoning as a commercial asset and turns it into a Process Reward Model - making AI safe by design, not by policy. The goal is a self-sustaining model accountable to no single person. Governed by the community. Funded by validator revenue & dataset licensing. This is the Protocol Memory that will outlive all of us - and the conflict that sparked it will be a footnote. I've been quiet for a while but not anymore. If you're a serious builder, researcher, validator or investor who wants to work on this - my DMs are open. Forward! $TAO #Bittensor #DecentralizedAI

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Mark Jeffrey@markjeffrey·23h

And whatever you do, you don't hurt the person who helped you rise.

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Mark Jeffrey@markjeffrey·23h

If you're making a 'principled exit' you don't take $11M as you leave. Sam has shown us where an exploit is. Thank you. Const says we'll be fixing that soon.

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Dr. Fahd S. Khan@ProfFahdKhan·16h

@DreadBong0 Community needs to help improve network's resilience at this important time, suggest improvements in governance, help make network immune to such triggers. My take: x.com/i/status/20425…

I've been in #bittensor ecosystem since the early days. I've watched this network grow from a fringe idea to something @chamath talks about publicly. I need to say something, not as a commentator but as a early subnet co-founder and as someone with skin in the game. This is not the crisis it looks like. This is Governance Debt - the compounding friction that accumulates when a protocol's social layer fails to keep pace with its technical genius. #Bitcoin went through the block size wars. #Ethereum went through the DAO wars. Both emerged more legitimate, more anti-fragile, and ultimately more valuable. Not despite the conflict - because of how the community responded to it. The question isn't who is right. The question is whether the $TAO community has the maturity to convert this moment into structural progress. I believe it does. But only if we're honest about what this dispute actually revealed. To @const_reborn: You built something genuinely rare. The #dTAO architecture is elegant — using alpha token markets to allocate emissions through price signals rather than committee decisions is one of the most honest incentive designs in crypto. Stepping down from the Opentensor CEO role was a rare act of intellectual honesty that most founders never show. I genuinely respect it. But the community asks for one more step. Not because you're wrong on the technical facts of this specific dispute. But because the gap between technical correctness and community trust has become a liability for the protocol itself. When your alpha token sells - however small relative to your holdings - read as governance actions, that is a structural problem, not a perception problem. Champion a neutral audit layer. It costs you nothing and gains the protocol everything. To @DistStateAndMe: What your team proved with Covenant-72B cannot be unproved. A 72B parameter model trained permissionlessly across dozens of contributors on commodity hardware - cited by #Anthropic's co-founder, noticed by @chamath. That proof lives in the research, not in any one network's infrastructure. Build wherever you build next. But don't let the exit become the headline that overwrites the evidence. The temperatures are high because the stakes are genuinely historic. Grayscale has filed for $TAO spot ETF. Serious institutional capital is now watching this ecosystem with real intent. The worst possible thing we can do at this exact moment is look like every other #Web3 project that imploded over informal power disputes. Now here is what I actually want to say because this moment is too important to spend entirely on the flame war. The dispute exposed #Bittensor's most critical missing layer: there is no neutral, on-chain mechanism for subnet evaluation, governance arbitration or accountability. Subnet quality is vibes-based. Emissions integrity is vibes-based. Miner collusion detection is vibes-based. When conflicts arise, they resolve on #Twitter - not through transparent, verifiable process. That is not a criticism of any individual. It is a design gap that this community can fill, permissionlessly, without asking anyone's approval. Specifically: ① A Neutral 'Moody's for Subnets' - an independent Research Validator Node producing academic-grade subnet audits. If a subnet is on 100% burn code and not running, the data makes that case. Not a founder's alpha sell. Not a Discord moderator action. The data! This also solves the cold start problem and enables a base model for weights initialization. ② Proof-of-Intelligence as Protocol Standard (PoIP) - mandating Chain-of-Thought traces that validators can mathematically verify, combined with ZK Proof-of-Compute. If we cannot verify the reasoning, we should not reward the work. This transforms #Bittensor from a market of claims into a market of verifiable intelligence. That is what Jensen #nvidia is actually betting on. ③ Shapley Value Rewards: restructuring miner compensation around unique contribution to consensus, not consensus-matching. This kills collusion incentives at the protocol level. Structurally. No moderator required. ④ Cross-Subnet Schemas - Bittensor's ERC moment - #Ethereum's equivalent of ERC. 128 isolated subnets is a fragmented network. 128 subnets on shared interoperability standards is a composable intelligence economy. The difference is enormous and buildable right now. None of these require a multisig. None require the Opentensor Foundation. None require Const's approval or Sam's blessing. They require builders who understand the protocol deeply enough to ship them - and a community that demands them loudly enough to make them unavoidable. The $TAO community has been celebrating but we have been too passive on governance. We outsourced the decisions about what this network becomes to a very small number of people and then expressed surprise when informal power concentrated exactly where formal power was absent. Revolutionary technology demands unprecedented governance. We cannot import Web2 power structures onto #Web3 rails, call it decentralization and then act shocked when the gap shows. Build the Bittensor Protocol Infrastructure & Research Lab - a permissionless, replicable innovation hub. I am proposing an International AGI Reasoning Competition targeting the top 0.1% of global reasoning architects, beginning in emerging economies that this network was always supposed to serve. I am working on the synthetic dataset archive that captures miner reasoning as a commercial asset and turns it into a Process Reward Model - making AI safe by design, not by policy. The goal is a self-sustaining model accountable to no single person. Governed by the community. Funded by validator revenue & dataset licensing. This is the Protocol Memory that will outlive all of us - and the conflict that sparked it will be a footnote. I've been quiet for a while but not anymore. If you're a serious builder, researcher, validator or investor who wants to work on this - my DMs are open. Forward! $TAO #Bittensor #DecentralizedAI

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ＤＲＥＡＤＢＯＮＧＯ@DreadBong0·20h

A few more points here.. ⚫️ Templar founder extracted 37,000 $TAO worth of alpha tokens from his 3 subnets.. So it is only logical those 37k $TAO will be dumped on the market for max extraction Also the possibility shorting was in place before the announcement was made/alpha was dumped ⚫️ To everyone who invested in any of those 3 subnets When you invest in a subnet.. even though you are backing a team, you are effectively investing in the subnet slot itself Subnet 3 will persist.. Templar will not Which means alpha holders on subnet 3 still have their tokens.. and if a new team comes along with a killer idea and revives the slot (As is being planned, led by @const_reborn) then token holders of SN3 will also see price recovery ⚫️ Sam claims @const_reborn tried to "ruin him" by selling 200t on his own alpha Const buys and sells alpha tokens all the time.. his subnet was no different but you don't see all the other subnet owners nuking their subnets into the ground He also helped Sam build Templar and donated startup funds.. "Const did everything for Sam. He built the first versions of both grail and Templar for him and then gave him those subnets. He found developers for him to work on the subnets. He donated him $Tao and gave him startup funds and the owner key for free to Templar. He supported him the whole way. I remember Const gave Sam a 2000 Tao bonus for Christmas one year. Then the one time Sam doesn’t like something that happens (Const sell like 5% of his tokens) he crashes out, rugs all his investors, spreads fake news across socials, acts incredibly immature by leaving all groups, and you say this is Const’s fault??? What an insane interpretation of events. This is nobody’s fault except Sam." ⚫️ Templar news and achievements had reached the very top of the AI industry.. large influential figures were praising the subnets success For this to happen now.. it will for sure have some deep knock on effects that will take some time to recover ⚫️ Changes will be made on #Bittensor to mitigate this happening in the future.. "The outcome of this eventful evening is that #Bittensor will invent lock-based subnet ownership -- specifically: ownership of a subnet determined by a team's long term economic commitment to the project." @const_reborn ⚫️ Lastly.. #Bittensor is a large, permissionless network that is growing fast every single day There's always going to be bumps in the road along the way.. but its how the network and its participants respond in such tough times Things will recover and this will barely register on the overall journey of #bittensor $TAO

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Dr. Fahd S. Khan@ProfFahdKhan·16h

@const_reborn @frihetspenger Take input from community as well to make the network more resilient. My 2 cents: x.com/i/status/20425…

I've been in #bittensor ecosystem since the early days. I've watched this network grow from a fringe idea to something @chamath talks about publicly. I need to say something, not as a commentator but as a early subnet co-founder and as someone with skin in the game. This is not the crisis it looks like. This is Governance Debt - the compounding friction that accumulates when a protocol's social layer fails to keep pace with its technical genius. #Bitcoin went through the block size wars. #Ethereum went through the DAO wars. Both emerged more legitimate, more anti-fragile, and ultimately more valuable. Not despite the conflict - because of how the community responded to it. The question isn't who is right. The question is whether the $TAO community has the maturity to convert this moment into structural progress. I believe it does. But only if we're honest about what this dispute actually revealed. To @const_reborn: You built something genuinely rare. The #dTAO architecture is elegant — using alpha token markets to allocate emissions through price signals rather than committee decisions is one of the most honest incentive designs in crypto. Stepping down from the Opentensor CEO role was a rare act of intellectual honesty that most founders never show. I genuinely respect it. But the community asks for one more step. Not because you're wrong on the technical facts of this specific dispute. But because the gap between technical correctness and community trust has become a liability for the protocol itself. When your alpha token sells - however small relative to your holdings - read as governance actions, that is a structural problem, not a perception problem. Champion a neutral audit layer. It costs you nothing and gains the protocol everything. To @DistStateAndMe: What your team proved with Covenant-72B cannot be unproved. A 72B parameter model trained permissionlessly across dozens of contributors on commodity hardware - cited by #Anthropic's co-founder, noticed by @chamath. That proof lives in the research, not in any one network's infrastructure. Build wherever you build next. But don't let the exit become the headline that overwrites the evidence. The temperatures are high because the stakes are genuinely historic. Grayscale has filed for $TAO spot ETF. Serious institutional capital is now watching this ecosystem with real intent. The worst possible thing we can do at this exact moment is look like every other #Web3 project that imploded over informal power disputes. Now here is what I actually want to say because this moment is too important to spend entirely on the flame war. The dispute exposed #Bittensor's most critical missing layer: there is no neutral, on-chain mechanism for subnet evaluation, governance arbitration or accountability. Subnet quality is vibes-based. Emissions integrity is vibes-based. Miner collusion detection is vibes-based. When conflicts arise, they resolve on #Twitter - not through transparent, verifiable process. That is not a criticism of any individual. It is a design gap that this community can fill, permissionlessly, without asking anyone's approval. Specifically: ① A Neutral 'Moody's for Subnets' - an independent Research Validator Node producing academic-grade subnet audits. If a subnet is on 100% burn code and not running, the data makes that case. Not a founder's alpha sell. Not a Discord moderator action. The data! This also solves the cold start problem and enables a base model for weights initialization. ② Proof-of-Intelligence as Protocol Standard (PoIP) - mandating Chain-of-Thought traces that validators can mathematically verify, combined with ZK Proof-of-Compute. If we cannot verify the reasoning, we should not reward the work. This transforms #Bittensor from a market of claims into a market of verifiable intelligence. That is what Jensen #nvidia is actually betting on. ③ Shapley Value Rewards: restructuring miner compensation around unique contribution to consensus, not consensus-matching. This kills collusion incentives at the protocol level. Structurally. No moderator required. ④ Cross-Subnet Schemas - Bittensor's ERC moment - #Ethereum's equivalent of ERC. 128 isolated subnets is a fragmented network. 128 subnets on shared interoperability standards is a composable intelligence economy. The difference is enormous and buildable right now. None of these require a multisig. None require the Opentensor Foundation. None require Const's approval or Sam's blessing. They require builders who understand the protocol deeply enough to ship them - and a community that demands them loudly enough to make them unavoidable. The $TAO community has been celebrating but we have been too passive on governance. We outsourced the decisions about what this network becomes to a very small number of people and then expressed surprise when informal power concentrated exactly where formal power was absent. Revolutionary technology demands unprecedented governance. We cannot import Web2 power structures onto #Web3 rails, call it decentralization and then act shocked when the gap shows. Build the Bittensor Protocol Infrastructure & Research Lab - a permissionless, replicable innovation hub. I am proposing an International AGI Reasoning Competition targeting the top 0.1% of global reasoning architects, beginning in emerging economies that this network was always supposed to serve. I am working on the synthetic dataset archive that captures miner reasoning as a commercial asset and turns it into a Process Reward Model - making AI safe by design, not by policy. The goal is a self-sustaining model accountable to no single person. Governed by the community. Funded by validator revenue & dataset licensing. This is the Protocol Memory that will outlive all of us - and the conflict that sparked it will be a footnote. I've been quiet for a while but not anymore. If you're a serious builder, researcher, validator or investor who wants to work on this - my DMs are open. Forward! $TAO #Bittensor #DecentralizedAI

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const@const_reborn·19h

This is a genuine criticism against me. If i have blinders it’s that i over look negatives and focus on positives in an effort to bring forward peoples good characters. I loved Samuel because he had energy and drive, commitment and an unbelievable work ethic. What i overlooked was his chaotic and irrational rage which ultimately led him to make this horrible decision. Neither of those qualities excludes the other. Besides all the FUD, Bittensor still owes Samuel thank you for his unending drive to bring the largest decentralized training run to subnet 3 — it would not have happened without his tireless work. And now we owe him a thank you for showing the protocol how to move forward with subnet owner decentralization. I hope he is well. Bittensor is also fine. Let it be done.

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const@const_reborn·1d

Exploits are what teach a system its weak spots. The quicker you find them the faster you learn. The outcome of this eventful evening is that Bittensor will invent lock-based subnet ownership -- specifically: ownership of a subnet determined by a team's long term economic commitment to the project. This will mean: 1) investors see long in advance if an owner has unlocked their tokens, 2) be able to reprice the subnet before the owner and 3) liquidly direct their own conviction to another team, or agent, to manage the system. Thank you @DistStateAndMe for helping further Bittensor's decentralization and develop a solution to one of cryptos oldest problems: founders who rug their token holders. Looking forward to training some 1T param models with the miners who are experts in this unique field. "What is dead can never die"

To the guy about to scam me $700 dollars on a token2024 ticket. I just lost 5k on a meme coin this morning. You can't hurt me. What is dead can never die.

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Dr. Fahd S. Khan@ProfFahdKhan·16h

@TaoOutsider @const_reborn We need to have these mechanisms to ensure such events dont trigger panic: x.com/i/status/20425…

I've been in #bittensor ecosystem since the early days. I've watched this network grow from a fringe idea to something @chamath talks about publicly. I need to say something, not as a commentator but as a early subnet co-founder and as someone with skin in the game. This is not the crisis it looks like. This is Governance Debt - the compounding friction that accumulates when a protocol's social layer fails to keep pace with its technical genius. #Bitcoin went through the block size wars. #Ethereum went through the DAO wars. Both emerged more legitimate, more anti-fragile, and ultimately more valuable. Not despite the conflict - because of how the community responded to it. The question isn't who is right. The question is whether the $TAO community has the maturity to convert this moment into structural progress. I believe it does. But only if we're honest about what this dispute actually revealed. To @const_reborn: You built something genuinely rare. The #dTAO architecture is elegant — using alpha token markets to allocate emissions through price signals rather than committee decisions is one of the most honest incentive designs in crypto. Stepping down from the Opentensor CEO role was a rare act of intellectual honesty that most founders never show. I genuinely respect it. But the community asks for one more step. Not because you're wrong on the technical facts of this specific dispute. But because the gap between technical correctness and community trust has become a liability for the protocol itself. When your alpha token sells - however small relative to your holdings - read as governance actions, that is a structural problem, not a perception problem. Champion a neutral audit layer. It costs you nothing and gains the protocol everything. To @DistStateAndMe: What your team proved with Covenant-72B cannot be unproved. A 72B parameter model trained permissionlessly across dozens of contributors on commodity hardware - cited by #Anthropic's co-founder, noticed by @chamath. That proof lives in the research, not in any one network's infrastructure. Build wherever you build next. But don't let the exit become the headline that overwrites the evidence. The temperatures are high because the stakes are genuinely historic. Grayscale has filed for $TAO spot ETF. Serious institutional capital is now watching this ecosystem with real intent. The worst possible thing we can do at this exact moment is look like every other #Web3 project that imploded over informal power disputes. Now here is what I actually want to say because this moment is too important to spend entirely on the flame war. The dispute exposed #Bittensor's most critical missing layer: there is no neutral, on-chain mechanism for subnet evaluation, governance arbitration or accountability. Subnet quality is vibes-based. Emissions integrity is vibes-based. Miner collusion detection is vibes-based. When conflicts arise, they resolve on #Twitter - not through transparent, verifiable process. That is not a criticism of any individual. It is a design gap that this community can fill, permissionlessly, without asking anyone's approval. Specifically: ① A Neutral 'Moody's for Subnets' - an independent Research Validator Node producing academic-grade subnet audits. If a subnet is on 100% burn code and not running, the data makes that case. Not a founder's alpha sell. Not a Discord moderator action. The data! This also solves the cold start problem and enables a base model for weights initialization. ② Proof-of-Intelligence as Protocol Standard (PoIP) - mandating Chain-of-Thought traces that validators can mathematically verify, combined with ZK Proof-of-Compute. If we cannot verify the reasoning, we should not reward the work. This transforms #Bittensor from a market of claims into a market of verifiable intelligence. That is what Jensen #nvidia is actually betting on. ③ Shapley Value Rewards: restructuring miner compensation around unique contribution to consensus, not consensus-matching. This kills collusion incentives at the protocol level. Structurally. No moderator required. ④ Cross-Subnet Schemas - Bittensor's ERC moment - #Ethereum's equivalent of ERC. 128 isolated subnets is a fragmented network. 128 subnets on shared interoperability standards is a composable intelligence economy. The difference is enormous and buildable right now. None of these require a multisig. None require the Opentensor Foundation. None require Const's approval or Sam's blessing. They require builders who understand the protocol deeply enough to ship them - and a community that demands them loudly enough to make them unavoidable. The $TAO community has been celebrating but we have been too passive on governance. We outsourced the decisions about what this network becomes to a very small number of people and then expressed surprise when informal power concentrated exactly where formal power was absent. Revolutionary technology demands unprecedented governance. We cannot import Web2 power structures onto #Web3 rails, call it decentralization and then act shocked when the gap shows. Build the Bittensor Protocol Infrastructure & Research Lab - a permissionless, replicable innovation hub. I am proposing an International AGI Reasoning Competition targeting the top 0.1% of global reasoning architects, beginning in emerging economies that this network was always supposed to serve. I am working on the synthetic dataset archive that captures miner reasoning as a commercial asset and turns it into a Process Reward Model - making AI safe by design, not by policy. The goal is a self-sustaining model accountable to no single person. Governed by the community. Funded by validator revenue & dataset licensing. This is the Protocol Memory that will outlive all of us - and the conflict that sparked it will be a footnote. I've been quiet for a while but not anymore. If you're a serious builder, researcher, validator or investor who wants to work on this - my DMs are open. Forward! $TAO #Bittensor #DecentralizedAI

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Tao Ouτsider@TaoOutsider·17h

$TAO Bittensor - Interview with Const. Hey Bittensor Community! I told you I would keep you informed as best as I could. I spoke with @const_reborn a little while ago and asked him: Const, Covenant stepped out. That leaves three slots that need to be addressed somehow. Bittensor continues. Some noise has happened and more will probably happen. So I’d like to ask you: What are you going to be working on in the next few days as a priority? And would you like to leave a message for every alpha holder who believes in what is being built? Check his response in the video below. Share your thoughts. Your opinion matters here.

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Dr. Fahd S. Khan@ProfFahdKhan·17h

@taodotbot That is exactly what i am saying: x.com/i/status/20425…

I've been in #bittensor ecosystem since the early days. I've watched this network grow from a fringe idea to something @chamath talks about publicly. I need to say something, not as a commentator but as a early subnet co-founder and as someone with skin in the game. This is not the crisis it looks like. This is Governance Debt - the compounding friction that accumulates when a protocol's social layer fails to keep pace with its technical genius. #Bitcoin went through the block size wars. #Ethereum went through the DAO wars. Both emerged more legitimate, more anti-fragile, and ultimately more valuable. Not despite the conflict - because of how the community responded to it. The question isn't who is right. The question is whether the $TAO community has the maturity to convert this moment into structural progress. I believe it does. But only if we're honest about what this dispute actually revealed. To @const_reborn: You built something genuinely rare. The #dTAO architecture is elegant — using alpha token markets to allocate emissions through price signals rather than committee decisions is one of the most honest incentive designs in crypto. Stepping down from the Opentensor CEO role was a rare act of intellectual honesty that most founders never show. I genuinely respect it. But the community asks for one more step. Not because you're wrong on the technical facts of this specific dispute. But because the gap between technical correctness and community trust has become a liability for the protocol itself. When your alpha token sells - however small relative to your holdings - read as governance actions, that is a structural problem, not a perception problem. Champion a neutral audit layer. It costs you nothing and gains the protocol everything. To @DistStateAndMe: What your team proved with Covenant-72B cannot be unproved. A 72B parameter model trained permissionlessly across dozens of contributors on commodity hardware - cited by #Anthropic's co-founder, noticed by @chamath. That proof lives in the research, not in any one network's infrastructure. Build wherever you build next. But don't let the exit become the headline that overwrites the evidence. The temperatures are high because the stakes are genuinely historic. Grayscale has filed for $TAO spot ETF. Serious institutional capital is now watching this ecosystem with real intent. The worst possible thing we can do at this exact moment is look like every other #Web3 project that imploded over informal power disputes. Now here is what I actually want to say because this moment is too important to spend entirely on the flame war. The dispute exposed #Bittensor's most critical missing layer: there is no neutral, on-chain mechanism for subnet evaluation, governance arbitration or accountability. Subnet quality is vibes-based. Emissions integrity is vibes-based. Miner collusion detection is vibes-based. When conflicts arise, they resolve on #Twitter - not through transparent, verifiable process. That is not a criticism of any individual. It is a design gap that this community can fill, permissionlessly, without asking anyone's approval. Specifically: ① A Neutral 'Moody's for Subnets' - an independent Research Validator Node producing academic-grade subnet audits. If a subnet is on 100% burn code and not running, the data makes that case. Not a founder's alpha sell. Not a Discord moderator action. The data! This also solves the cold start problem and enables a base model for weights initialization. ② Proof-of-Intelligence as Protocol Standard (PoIP) - mandating Chain-of-Thought traces that validators can mathematically verify, combined with ZK Proof-of-Compute. If we cannot verify the reasoning, we should not reward the work. This transforms #Bittensor from a market of claims into a market of verifiable intelligence. That is what Jensen #nvidia is actually betting on. ③ Shapley Value Rewards: restructuring miner compensation around unique contribution to consensus, not consensus-matching. This kills collusion incentives at the protocol level. Structurally. No moderator required. ④ Cross-Subnet Schemas - Bittensor's ERC moment - #Ethereum's equivalent of ERC. 128 isolated subnets is a fragmented network. 128 subnets on shared interoperability standards is a composable intelligence economy. The difference is enormous and buildable right now. None of these require a multisig. None require the Opentensor Foundation. None require Const's approval or Sam's blessing. They require builders who understand the protocol deeply enough to ship them - and a community that demands them loudly enough to make them unavoidable. The $TAO community has been celebrating but we have been too passive on governance. We outsourced the decisions about what this network becomes to a very small number of people and then expressed surprise when informal power concentrated exactly where formal power was absent. Revolutionary technology demands unprecedented governance. We cannot import Web2 power structures onto #Web3 rails, call it decentralization and then act shocked when the gap shows. Build the Bittensor Protocol Infrastructure & Research Lab - a permissionless, replicable innovation hub. I am proposing an International AGI Reasoning Competition targeting the top 0.1% of global reasoning architects, beginning in emerging economies that this network was always supposed to serve. I am working on the synthetic dataset archive that captures miner reasoning as a commercial asset and turns it into a Process Reward Model - making AI safe by design, not by policy. The goal is a self-sustaining model accountable to no single person. Governed by the community. Funded by validator revenue & dataset licensing. This is the Protocol Memory that will outlive all of us - and the conflict that sparked it will be a footnote. I've been quiet for a while but not anymore. If you're a serious builder, researcher, validator or investor who wants to work on this - my DMs are open. Forward! $TAO #Bittensor #DecentralizedAI

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tao.bot (τ, τ)@taodotbot·19h

There’s been a lot of discussion around the Covenant situation over the past ~24 hours. From what we can tell, this was largely a builder exit event combined with a sizable sale (~37k TAO) that hit the market at the same time, which triggered the sharp move and the wave of panic selling that followed. Events like this tend to create short-term volatility, but they’re also part of the natural stress testing that happens in open networks. One team leaving doesn’t change the fact that Bittensor now has 100+ subnets, thousands of participants, and a rapidly expanding decentralized AI ecosystem. The builders that continue shipping through moments like this usually end up defining the next phase of the network. We're still very bullish on the long-term trajectory of Bittensor $TAO.

covenant@covenant_ai

x.com/i/article/2042…

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Dr. Fahd S. Khan@ProfFahdKhan·17h

@2xnmore Nothing happens to the main premise around TAO: x.com/i/status/20425…

I've been in #bittensor ecosystem since the early days. I've watched this network grow from a fringe idea to something @chamath talks about publicly. I need to say something, not as a commentator but as a early subnet co-founder and as someone with skin in the game. This is not the crisis it looks like. This is Governance Debt - the compounding friction that accumulates when a protocol's social layer fails to keep pace with its technical genius. #Bitcoin went through the block size wars. #Ethereum went through the DAO wars. Both emerged more legitimate, more anti-fragile, and ultimately more valuable. Not despite the conflict - because of how the community responded to it. The question isn't who is right. The question is whether the $TAO community has the maturity to convert this moment into structural progress. I believe it does. But only if we're honest about what this dispute actually revealed. To @const_reborn: You built something genuinely rare. The #dTAO architecture is elegant — using alpha token markets to allocate emissions through price signals rather than committee decisions is one of the most honest incentive designs in crypto. Stepping down from the Opentensor CEO role was a rare act of intellectual honesty that most founders never show. I genuinely respect it. But the community asks for one more step. Not because you're wrong on the technical facts of this specific dispute. But because the gap between technical correctness and community trust has become a liability for the protocol itself. When your alpha token sells - however small relative to your holdings - read as governance actions, that is a structural problem, not a perception problem. Champion a neutral audit layer. It costs you nothing and gains the protocol everything. To @DistStateAndMe: What your team proved with Covenant-72B cannot be unproved. A 72B parameter model trained permissionlessly across dozens of contributors on commodity hardware - cited by #Anthropic's co-founder, noticed by @chamath. That proof lives in the research, not in any one network's infrastructure. Build wherever you build next. But don't let the exit become the headline that overwrites the evidence. The temperatures are high because the stakes are genuinely historic. Grayscale has filed for $TAO spot ETF. Serious institutional capital is now watching this ecosystem with real intent. The worst possible thing we can do at this exact moment is look like every other #Web3 project that imploded over informal power disputes. Now here is what I actually want to say because this moment is too important to spend entirely on the flame war. The dispute exposed #Bittensor's most critical missing layer: there is no neutral, on-chain mechanism for subnet evaluation, governance arbitration or accountability. Subnet quality is vibes-based. Emissions integrity is vibes-based. Miner collusion detection is vibes-based. When conflicts arise, they resolve on #Twitter - not through transparent, verifiable process. That is not a criticism of any individual. It is a design gap that this community can fill, permissionlessly, without asking anyone's approval. Specifically: ① A Neutral 'Moody's for Subnets' - an independent Research Validator Node producing academic-grade subnet audits. If a subnet is on 100% burn code and not running, the data makes that case. Not a founder's alpha sell. Not a Discord moderator action. The data! This also solves the cold start problem and enables a base model for weights initialization. ② Proof-of-Intelligence as Protocol Standard (PoIP) - mandating Chain-of-Thought traces that validators can mathematically verify, combined with ZK Proof-of-Compute. If we cannot verify the reasoning, we should not reward the work. This transforms #Bittensor from a market of claims into a market of verifiable intelligence. That is what Jensen #nvidia is actually betting on. ③ Shapley Value Rewards: restructuring miner compensation around unique contribution to consensus, not consensus-matching. This kills collusion incentives at the protocol level. Structurally. No moderator required. ④ Cross-Subnet Schemas - Bittensor's ERC moment - #Ethereum's equivalent of ERC. 128 isolated subnets is a fragmented network. 128 subnets on shared interoperability standards is a composable intelligence economy. The difference is enormous and buildable right now. None of these require a multisig. None require the Opentensor Foundation. None require Const's approval or Sam's blessing. They require builders who understand the protocol deeply enough to ship them - and a community that demands them loudly enough to make them unavoidable. The $TAO community has been celebrating but we have been too passive on governance. We outsourced the decisions about what this network becomes to a very small number of people and then expressed surprise when informal power concentrated exactly where formal power was absent. Revolutionary technology demands unprecedented governance. We cannot import Web2 power structures onto #Web3 rails, call it decentralization and then act shocked when the gap shows. Build the Bittensor Protocol Infrastructure & Research Lab - a permissionless, replicable innovation hub. I am proposing an International AGI Reasoning Competition targeting the top 0.1% of global reasoning architects, beginning in emerging economies that this network was always supposed to serve. I am working on the synthetic dataset archive that captures miner reasoning as a commercial asset and turns it into a Process Reward Model - making AI safe by design, not by policy. The goal is a self-sustaining model accountable to no single person. Governed by the community. Funded by validator revenue & dataset licensing. This is the Protocol Memory that will outlive all of us - and the conflict that sparked it will be a footnote. I've been quiet for a while but not anymore. If you're a serious builder, researcher, validator or investor who wants to work on this - my DMs are open. Forward! $TAO #Bittensor #DecentralizedAI

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2xnmore@2xnmore·19h

Be honest with me. A major builder just walked out of Bittensor loudly. Does that make you want to buy $TAO at $250 or never touch it again? The answer you give right now says everything about the kind of trader you actually are. BUYING THE DIP or NEVER AGAIN Reply below. I am reading every single one. Screenshot this. Agree or cap? Follow me. I follow back fast. Try me. NFA DYOR

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Dr. Fahd S. Khan@ProfFahdKhan·3d

Jensen Huang just defined the entire #Bittensor roadmap without even naming it: "AI needs a system of record to know what's actually true." This is the ultimate bull case for decentralized subnets. In a world of black-box centralized AI, you are forced to trust a single provider's bias. But Truth isn't a setting you can toggle in the cloud, TRUTH is the result of an adversarial, permissionless market. On #Bittensor, intelligence isn't just generated - it’s cryptographically verified and rewarded by the network. #Bitcoin is the system of record for value while bittensor is the system of record for Intelligence. The ledger of the world's mind is already being written in $TAO. #chutes #hone #ridges #nvidia #AI #DecentralizedAI

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JJ@JosephJacks_·13 Şub

As the largest high conviction investor in @Bittensor over the last 3 years … and I know this is a fact because we are down > $10M and have not sold a SINGLE token of our TAO holdings… Today, we are very happy to hear @const_reborn agree to step down as CEO of @opentensor… the passing of the torch to the ecosystem… a grand moment reminiscent of Satoshi igniting the fire of Bitcoin and stepping back a few years in… the @Bittensor cult is strong and there is no project that comes close to it in the history of digitally scarce, extrinsic Incentive Computing since @Bitcoin itself. And we @latentholdings will continue to strongly support and deeply invest in the ecosystem as the largest open source contributor to the protocol by a large margin. Gradual decentralization over the next 10 months will fully enable decentralization for @Bittensor and this will enable trillions of dollars of scaling to be transformed and accelerated through its gravitation. 👏🏼

JJ@JosephJacks_

The @Bittensor network has grown from a few dozen miners to mid single digit thousands of miners .. in ~ 3 years from zero. At this growth rate, we will have millions of miners on the network across dozens of huge subnets … collectively worth hundreds of trillions. So proud of @learnbittensor and @mcjkula of @latentholdings 🌏 🌍 🌎

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Dr. Fahd S. Khan@ProfFahdKhan·4 Şub

#Bittensor onto new heights - slowly but surely the world would see. $TAO

const@const_reborn

Huge innovation in RL training over-internet. This completely unlocks stranded compute removing the need for RL in centralized megalithic datacenters. Slowly but surely, we will beat them, together.

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Openτensor Foundaτion@opentensor·27 Oca

Want to start a subnet on Bittensor? The Bittensor Subnet Ideathon could be a pipeline to Subnet Founder Capital High-performing teams have the potential for a discretionary investment of up to 1,000 TAO from @UnsupervisedCap. Managing Partner @Old_Samster (Sami Kassab) will be scouting for elite teams. On offer: 💰 1,000 TAO potential discretionary investment 💵 $18,000 USD cash prize pool 🚀 Direct entry to the @bitstarterai Accelerator 🗓️ Round 1 Submissions close Feb 25. 🔗 All details + Registration: @HackQuest_ hackquest.io/hackathons/Bit… Build on Bittensor Own the future #Bittensor #TAO #DecentralizedAI #HackQuest

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Michael Parker@bittensormax·26 Oca

Why Grayscale Investors Are Already Paying Nearly $1,000 per TAO (data not hype) I want to share something factual I came across while looking at the Grayscale Bittensor Trust, because it puts current TAO pricing into context in a way that’s hard to ignore. Grayscale publishes the trust’s holdings and share math on their site. Right now each share represents about 0.019224 TAO, and the trust’s market price per share is roughly 18.41 dollars. If you divide those numbers, you get an implied TAO valuation of about 950 dollars inside the trust. That’s not a typo. It’s just math. 18.41 divided by 0.019224 equals roughly 958 dollars per TAO. Meanwhile spot TAO is trading around the low 200s. This isn’t unique to TAO. It’s exactly how Grayscale products historically behaved when access to the underlying asset was limited. GBTC traded at massive premiums for years because institutions and retirement accounts could not buy or custody Bitcoin directly. The same thing happened with Ethereum trusts before broader ETF access existed. What this shows is not hype or a price target. It shows that there is already demand willing to pay a much higher effective price for TAO exposure through regulated rails. That demand simply cannot touch spot markets today. Historically, when assets move from trust based exposure into broader ETF style access, the premium doesn’t usually stay trapped inside the wrapper. Spot price does the catching up as access improves and liquidity normalizes. You can verify all of this yourself on Grayscale’s site. The trust math is public. No speculation needed. This doesn’t mean TAO instantly goes to 900 dollars. It means current spot pricing is being set by a market that does not yet include a large class of buyers who are demonstrably willing to pay more for exposure. That gap doesn’t stay open forever. If you want to check the numbers yourself, the Grayscale Bittensor Trust page lists TAO per share, NAV, and market price daily. grayscale.com/funds/grayscal… Just wanted to share the math for anyone who prefers data over narratives. $tao #tao #bittensor #grayscale #subnet

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Dr. Fahd S. Khan retweetledi

Andy ττ@bittingthembits·24 Oca

🚨 @markjeffrey just dropped an even more ruthless video walkthrough of the @stillcorecap State of $TAO report that's simply conviction building. If you are not paying attention, you should be I've lived in this ecosystem. It confirms everything. Bittensor took Bitcoin's revolutionary idea, aligned incentives to build Earth's largest supercomputer, and made it Programmable for AI and more. 128 subnets. $2M-$100M valuations each. Every single one requires $TAO to access. No exceptions. Subnet wins = direct $TAO demand. December 2025 changed something: Consumer wallets finally live. Tao.com @TAO_dot_com Buy $TAO with Apple Pay. Trade subnets. All in one app. For 4 years, the same 20k people cycled liquidity. Now? Floodgates open. Retail inflows incoming. Signal of quality that terrifies me into deeper conviction: • Barry Silbert: Full-time on Yuma. He calls it the biggest since BTC. • David Lawee: 20 years Google. Now full-time Bittensor. The AdSense creator is building a subnet @ReadyAI_ • Jack Clark (Anthropic co-founder): Validated Templar as most advanced decentralized training anywhere. . CrunchDAO bringing 10,000 ML engineers into the ecosystem @crunchDAO Standouts crushing centralized: • Ridges SN62: Outperforms Claude/Cursor on SWE bench at 1/70th cost. MC $50M vs. Cursor's $29B valuation. @ridges_ai • Chutes SN64: 40B+ tokens/day on OpenRouter, sometimes topping Grok volume, at 1/6th cost. @chutes_ai • Templar SN3: 70B param model trained fully decentralized. Anthropic co-founder spotlighted it. @tplr_ai • Hippius SN75: Storage at 1/400th-1/4000th AWS S3 cost. Zero egress. @hippius_subnet • 404Gen SN17: Text-to-3D with world's largest 25M object library. @404gen_ • Score SN44 launched Manako for vision AI through conversation @webuildscore Partnerships: ▪︎ Lavance: France's dominant car/heavy-vehicle wash network ▪︎ Reading FC: Professional football club ▪︎ AVIA: Major fuel/petrol station chain ▪︎ Two-a-Day Group: Large-scale agriculture/produce • Bittensor x HackQuest dropped a worldwide competition + learning path pulling in devs/builders to spawn next-gen subnets @HackQuest_ • GTAO (Bittensor Trust) public & open for accredited investors first U.S. listed direct $TAO exposure. 100% consent for staking approved (Jan 2026) S-1 filed late 2025 to convert trust to spot ETF. @DCGco Halving supply shock live. Consumer onramps here. Elite validation pouring in. Bittensor isn't just a protocol. When AI does everything better than humans, who owns it? $TAO holders do. Mandatory watch below: stillcorecapital.com The subnets are already shipping at scale Read the report stillcorecapital.com/wp-content/upl… $TAO

Mark Jeffrey@markjeffrey

Hash Rate - Ep. 154: STATE OF $TAO January 2026 🧙 Guest: @markjeffrey of @stillcorecap I walk you through Stillcore Capital's recent STATE OF TAO report. Download PDF: stillcorecapital.com/wp-content/upl…

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Dr. Fahd S. Khan@ProfFahdKhan·16 Ara

More than a year ago, I had discussed the $TAO halving. Today this new milestone in #bittensor's history has been achieved. Forward & Upwards !

2025 Halving Impact on $TAO: - $TAO may go parabolic as halving impact may have started to kick in - Left: Price impact for $BTC 12 months before & after 1st halving - $2.54 to $1007 - $TAO is strongly correlated to $BTC - Right: $TAO price increase from Sept 2024 #bittensor

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