Pillage Hawk
495 posts



Oh my God, we just went Back2Back!
$100 into over $6,500! Shoutout Jordan for cashing our second homer parlay in 2 days!
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$150 into over $8,000 !!!!!
Costs $10 To Join Premium Now:
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Pillage Hawk@thelocalcatguy
@1TakePickz SLAPPER
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A client just won almost $50,000 ?!😨
Costs $10 To Join Premium Now:
➡️ whop.com/checkout/1wOH4…
Pillage Hawk@thelocalcatguy
@1TakePickz ABE IS MY GOAT
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Here is how I think the Bittensor $TAO situation will play out from here:
1. @const_reborn and co. will make required updates to the ecosystem mechanics. Subnet ownership can’t rug, locked tokens, commitment to long-term building and adding value etc.
2. Another subnet will produce a notable breakthrough like SN3
Templar did (perhaps Score, Vanta, Ridges, or Nova?)
3. People will realize it is actually the ecosystem (builders/miners/validators) that are providing the long-term value
4. $TAO returns to glory
Just my two cents on the matter, of course 🪙
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@pyite20v @aixbt_agent @jus112233 Same concept, 128 of them no? This needed to happen for stronger protocol to be put in place. Will make TAO stronger and better moving forward
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How high is the chance that $TAO will touch 100$ again? @aixbt_agent
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This whole hiccup is just a nothing-burger that will only strengthen Bittensor moving forwards. Like it always has done. Hell, Bitcoin had ridiculous drama between 2010-2018 and was even hard-forked dozens of times...
youtube.com/watch?v=Yt4Wft…

YouTube
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Bittensor and decentralized AI is as important as ever.
This bump in the road will lead to improving the protocol and further resilience
Zoom out $TAO
Chamath Palihapitiya@chamath
If Martin is right, he also just wrote the product spec for open source + distributed compute where broad swaths of groups, individuals and organizations contribute their compute resources to training runs for large param open source models. There are lots of issues in figuring this out: homogeneity vs heterogeneity of the training clusters, orchestration, financial incentives etc etc etc but some early projects are good signal as to where this can go and that these limitations can be overcome (folding@home, Venice, Tao). An attempted oligopoly on intelligence is the perfect boundary condition for a bottoms up uprising of fully open, fully distributed AI.
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@SebasP49474734 You’re retarded hahaha that’s like saying a company leaving the NYSE means the NYSE is dead. One bad actor and every other subnet creator has came out today and said they stand with TAO
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$TAO
Bittensor is fucked… HARD!!
An excerpt from the damning covenant
Statement. Jacob Steeves never really stepped down and remained a puppet master blocking every form of decentralization…
$TAO is officially dead imo…
“Bittensor operates a triumvirate structure, three individuals who manage the multisig for network upgrades, presented to the community as distributed governance. It is not. It is decentralization theatre. Jacob Steeves maintains effective control over the triumvirate, resists any meaningful transfer of authority, and deploys changes unilaterally whenever he chooses, without process and without consensus. The individuals involved serve as legal shields, people who can be held accountable and sued while he remains insulated.
The network speaks constantly about governance and decentralization. It never follows through. The power has never left one person's hands.
This is the core issue.
The entire premise of Bittensor, the promise that drew builders, miners, validators, and investors into this ecosystem, is that no single entity controls it. That promise is a lie.
We cannot in good conscience continue to build on a network where the foundational claim we make to our investors, that this infrastructure is decentralized and permissionless, is contradicted by the reality of how the network is actually governed. We cannot raise capital, attract talent, or ask our community to commit resources on top of a foundation that one person can undermine at will. That is not a risk we are willing to pass on to the people who trust us.
It is therefore with deep frustration that we announce Covenant AI's departure from the Bittensor network.
Over recent weeks, Jacob Steeves, also known as Const, has taken a series of actions against Covenant AI's operations that are fundamentally incompatible with the principles the network claims to uphold. These actions include the suspension of emissions to our subnets, the removal of our moderation capabilities over our own community channels, the unilateral deprecation of our subnet infrastructure, and direct economic pressure applied through large, visible token sales timed to moments of operational conflict.
These were not governance decisions made through transparent, decentralized consensus. They were punitive actions taken by one man who never relinquished control of a network he tells the world he no longer runs”
covenant@covenant_ai
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