13 August 2024•
Bittensor is a decentralized compute protocol built on the Substrate framework, launched in 2021 to transform artificial intelligence into a collaborative effort. Inspired by Bitcoin, it features a native currency, TAO, with a capped supply of twenty-one million and a four-year halving cycle. Unlike traditional Proof of Work systems, Bittensor utilizes a novel “Proof of Intelligence” mechanism, where participants, called miners, respond to inference requests with AI model outputs.
The Bittensor network comprises two main roles:
The interaction between validators and miners forms the Yuma Consensus, encouraging the production of high-quality AI outputs and accurate evaluations. As miners improve and the network’s intelligence grows, Bittensor plans to expand by introducing an application layer. This layer will allow developers to build applications directly querying the Bittensor network.
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