Bittensor's dTAO Upgrade: Decentralizing AI Market Issuance
1min read Bittensor, a decentralized AI project, has announced a significant upgrade to its network, the Dynamic TAO (dTAO) upgrade. The upgrade is set to go live on February 13th from 4:00 PM to 5:00 PM Eastern Time.
The dTAO upgrade is considered the most significant since Bittensor's network was established. The upgrade aims to shift the issuance distribution from a few large validators' trusted capital allocation to pure market forces. Each AI market (now TAO subnetwork projects) will operate using its own token, and the supply will flow based on the relative price of the token.
This shift in issuance distribution is expected to increase the network's decentralization and resilience. By allowing each AI market to operate independently with its own token, the network can better adapt to market conditions and user preferences.
The dTAO upgrade is a testament to Bittensor's commitment to continuous improvement and innovation in the decentralized AI space. As the upgrade goes live, the Bittensor community and stakeholders will be watching closely to see the impact on the network's performance and growth.
