Ferchobits

This is the full Bittensor AMA w/ @const_reborn today, Regarding the future of TAO & the new "locked stake" mechanism & more

@shubhvanii 777

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@2xnmore La tesis se rompe al aplicar el Loked stake

Hot take: $TAO governance drama is the best thing that could happen to long term holders. Weak hands are exiting on emotion. Post halving supply drops to 3,600 TAO per day. Grayscale ETF filing is still active. You are buying their panic, or you are joining it.

@ProfesorTAO Básicamente la tesis de Bittensor está rota si loked stake se aprueba, eso confirmaría la centralización más que nunca, pero dejarlo sin esa medida se convierte en una tesis de subnets que hacen rugpull.

¿Por qué tanto miedo con lo de covenant? La codicia de una persona no está bajo nuestro control. La pregunta importante es: ¿Ha cambiado realmente algo en Bittensor $TAO? No. Hemos detectado una debilidad ahora y podemos mejorarla en el futuro. Porque si no pasaba hoy, podía pasar más tarde. Mucha gente está rabiosa porque el mercado está al alza y como TAO no acompaña como muchos esperaban, aparece la decepción. Otros han encontrado en este momento la excusa perfecta para salir a decir que tenían razón. Pero muchos de esos discursos no nacen del análisis. Nacen de la frustración maquillada. Estoy viendo mucho FUD, pero te quiero dejar un dato que no es de mercado: el 99% de las cosas que nos preocupan terminan no pasando. Nadie vive sin problemas. Y ninguna red seria crece sin tensiones, errores o momentos incómodos. La diferencia es que en una empresa centralizada muchas de estas cosas se maquillan, se tapan o ni siquiera se ven desde fuera. Esto es Bittensor. Aquí las cosas quedan expuestas porque la red está viva, porque el sistema es abierto y porque la crítica también forma parte del proceso. Seamos críticos, sí. Pero también lo bastante maduros como para dejar que las cosas se detecten, se corrijan, sobrevivan y mejoren. Y, sobre todo, hagamos lo que sí está en nuestra mano. Invertir también es esto. Saber distinguir entre un problema real y una tormenta emocional amplificada por el mercado. No todo merece una reacción. A veces, la decisión más inteligente no es hacer más. Es pensar mejor.

A subnet founder allegedly walked away with $10M in TAO and torched his own community in the process. On TWiST, Mark Jeffrey of Stillcore Capital joins us to break down what really happened with Templar/Covenant, the overall fixes that co-founder Const has proposed, and why Bittensor’s incentive engine may have been a victim of its own success. PLUS we’re joined by subnet operators Will Squires and Steffan Cruz (of MacroCosmos) and Ken Miyachi of BitMind to get their perspective on the controversy, and to demo the exciting projects they’re still building on the blockchain. 0:00 Mark Jeffrey joins the show! x.com/markjeffrey 2:18 How Mark Jeffrey learned about Bittensor. bittensor.com 6:17 Plaud: If your work depends on conversations — interviews, meetings, calls — you need a Plaud NotePin. You can check it out at Plaud.ai/twist and use code TWIST for 10% off! 7:22 Mark Jeffrey's Bittensor investments. stillcorecapital.com 9:25 Check out our discussion with Nova: youtu.be/gjRt4eUyiYc?si… 10:16 Sentry - New users can get $240 in free credits when they go to sentry.io/twist and use the code TWIST 10:41 Check out Ridges! ridges.ai 11:53 How trading alpha tokens works on Bittensor 12:44 Subnet drama: what happened? x.com/covenant_ai/st… 16:01 Do subnet owners have too much power? 18:33 Check out our conversation with Sam Dare (2268): youtu.be/TN2RmNuX4-k?si… 19:10 How Sam Dare should've handled walking away (per Mark Jeffrey) 20:02 Deel - Founders scale faster on Deel. Set up payroll for any country in minutes, hire anyone anywhere, get visas handled fast, and get back to building. Visit deel.com/twist to learn more. 23:29 Who should subnets be owned by? 24:02 Ken Miyachi from BitMind joins the show x.com/kenmiyachi 30:56 Netsuite - Get the free business guide Demystifying AI at netsuite.com/twist 31:06 Ken's $3M raise & investors (Arch, Canonical, Mechanism) 33:18 Token vs. equity: how to think about a subnet investment. 41:57 Will Squires and Stefan Kruse of MacroCosmos join the show x.com/willsquires x.com/sczsteffencruz 42:54 How MacroCosmos lets anyone become a compute provider. iota.macrocosmos.ai 56:29 Stefan on the Covenant drama: "disappointing, but solvable" 1:02:11 Off-duty with J-Cal, Mark Jeffrey, and Lon Harris 1:02:48 Bieber vs. Carpenter: does Coachella owe you a spectacle? youtube.com/watch?v=hp5O72… x.com/FashionXGirl_/… 1:15:20 Jason says Staples should pay the "Staples baddie" $1M/year @blivxx" target="_blank" rel="nofollow noopener">tiktok.com/@blivxx cc: @Jason, @Lons, @MarkJeffrey, @const_reborn, @DistStateAndMe, @tplr_ai, @Covenant_ai, @MacroCosmosAI, @Apex_SN1, @IOTA_SN9, @KenJon, @BitMind @BitMindAI 🎥 Watch the full episode here 👇

Are you buying the $TAO dip? I am.

@airdop_crypto ACkFeuF1ZQRUgc5PKSBj3bqc2qB1Bgi862UzoaGFj2bJ

Subnet dynamics have evolved, and $TAO needs a more robust stability framework. I propose the "TAO Gradual Unlock Interface": a protocol-level transparency system designed to protect long-term holders and the network's integrity. 🛡️ @opentensor @const_t @unconst_ #Bittensor #TAO

@BitcoinPulseX 1 Btc bc1qhqkmahp0r8k2hptvn6rgletq2twvwhqecfjlw4

Next time we train 1 trillion

Sam Dare just dumped 37,000 TAO on his own subnet holders. Roughly $10 million. In two clips. After publicly accusing Bittensor of being centralized. Then he walked. This is the Covenant AI exit nobody is telling you the full story about. The setup. Sam Dare runs Covenant AI. They operated three subnets on Bittensor. Templar (SN3), Basilica (SN39), Grail (SN81). Templar was the crown jewel. The team behind Covenant 72B. The model Jensen Huang shouted out on All-In. The reason TAO ran 90% in March. Yesterday Sam posted a long thread accusing Bittensor founder Const of "decentralization theatre." Hours later he sold his bags. The allegations. • Const suspended emissions to Covenant's subnets • Const removed Sam's moderation rights over his own community • Const deprecated Covenant's subnet infrastructure • Const dumped TAO at strategic moments to apply economic pressure • A three-person multisig that's actually controlled by one guy Sounds damning. Until you read Const's response. Const's actual response. • "I do not have the ability to suspend emissions." He sold 1% of his alpha holdings on three Covenant subnets that were on near-100% burn code. Same buy/sell rights every TAO holder has. • He didn't remove Sam as a Discord mod. He gave Sam a temporary timeout for deleting honest criticism from his own community channel. Mod role was reinstated. • "Deprecating infrastructure." Const doesn't even know what that means. • Less than 1% of what Const had personally invested in Sam's teams. Visibility is impossible to avoid in his position. Const previously gave Sam a 2,000 TAO bonus and invested thousands of TAO into his subnets. Const's "dump" was around 200 TAO. Sam's dump was 37,000+ TAO. The rug. That's $10 million pulled from holders who believed in the Covenant 72B story. Subnet holders are catastrophically down. The "noble dev exposing the evil founder" framing falls apart the second you check the wallet. What Const is actually building next. Const answered a DM from @TaoOutsider right after the exit. He sounded calm. Called it a "spring forward moment." Here are some suggestions @0xSammy gave for TAO: • Lock-based subnet ownership. Subnet ownership tied to a team's long-term economic commitment. • Vesting schedules visible onchain so investors see unlocks in advance. • Founders won't be able to sell emissions as they receive them. • Exit cool-down periods so leaving teams can't dump 100% at once. • Headless subnet architecture so no single team can pull the plug. • Protocol-level IP retention so models trained on Bittensor compute stay with the network. • Onchain revenue sharing flowing back to alpha holders. These are the changes Bittensor needs right now. I hope this $10M rug will force these changes to happen sooner, rather than later. The contrarian take. Most people are watching this and concluding Bittensor is broken. I'm watching this and concluding Bittensor is finally maturing. Const built the team. Const funded it. Const did most of the research on Templar. Sam was the face. The compute, the emissions, the incentive design that made Covenant 72B possible. None of it leaves with him. Someone else can take that model and build a bigger run on the same network. The subnets to watch right now per Stillcore Capital's Mark Jeffrey: • SN64 Chutes. Inference at 1/6th the cost of competitors. • SN62 Ridges. AI coding assistance beating Claude and Cursor on SWE-bench at 1/770th the cost. • SN4 Targon. $42M valuation. • SN9 IOTA. Decentralized training infrastructure. (Also SN50, 68, 65, 44, 18, 85, 17, 48, 93, 54) The TAO bull thesis didn't need Sam Dare. It needed proof that builders can build on permissionless infrastructure. Covenant 72B was that proof. It still exists. The network that made it possible still exists. Sam left. The thesis didn't.

@covenant_ai @tplr_ai Mordieron la mano que les dio de comer

@DecastroYo55656 @axelsound09 Es enserio?

@axelsound09 El papá de la muchacha m4tó al chico. Noticias

A favor de la acción del chico, defendió a la maestra por que la niña se puso loca y al querer ponerse con el niño él reacciona con la fuerza debida para controlarla. Muy bien

@LOVREGA La nueva frase “te voy a tener que dormir”

¿Recuerdan al pelón marihuano que juntó a su esposa drogadicta y agredieron a un usuario en un gimnasio? Bueno, pues resulta que al otro día lo volvieron a atacar, solo que ahora lo privaron de su libertad y el pelón marihuano intentó ahorcarlo. Aquí el video.

Don’t click unless you trade crypto. ns3.ai

Jensen Huang, the King of AI talking about Bittensor TAO will change the world It’s impossible to ignore projects that are making a real impact globally

JUST IN: Jensen Huang (CEO of the world’s most valuable company Nvidia) and Chamath discussing Bittensor $TAO 🤯

This is huge. $TAO is now part of the conversation between @chamath and @NVIDIA CEO Jensen Huang. Read that again. Credit: @theallinpod

Nothing to see here… Just Jensen Huang (CEO of the world’s most valuable company Nvidia) and Chamath discussing Bittensor $TAO 🤯

#Bittensor explained in 90 seconds Beautifully made by @sundaebar_ai $TAO