Name : Bittensor (TAO)
TAO Price : $451.73700 +3.75%
Consensus Mechanism : Yuma Consensus
Volume: 48,012,828
Market Cap: 3,033,089,438
Shariah Judgement
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Last Screening: Q1 2024
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Overview
Bittensor is a groundbreaking protocol for decentralized subnets, providing a unified token system that connects various platforms to a single blockchain. With a vision focused on decentralized AI, it offers a framework for creating interconnected markets for commodities like compute, data, and storage. This innovative approach not only facilitates the development of powerful systems but also ensures equitable access to machine intelligence. Leveraging machine learning models and physical storage, Bittensor aims to democratize the ownership and production of intelligence. Its core innovation lies in separating core chain functioning from validation systems, enabling complex market interactions. Subnet 1, its flagship commodity market, validates intelligence providers using machine learning models, showcasing its technical prowess. Bittensor serves developers by providing a platform for creating decentralized applications, while also offering business opportunities for monetization. With its horizontally scalable and cryptography-based approach, Bittensor represents a significant leap forward in resource allocation protocols, appealing both technically and humanistically.
Whitepaper & Documents
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