Bittensor's dTAO Upgrade: A New Era of Decentralized AI
1min read Bittensor, a decentralized AI network, has successfully completed its dTAO upgrade, marking a significant milestone in the project's history. The upgrade, which aims to transform the issuance distribution of Bittensor tokens, is considered the most important since the network's inception.
The dTAO upgrade introduces a new model for token issuance, shifting from a small number of large validators' trusted capital allocation to pure market forces. Each AI Market, now referred to as a TAO Subnet Project, will operate using its own token. The issuance of tokens will flow based on the token's relative price, creating a more dynamic and decentralized ecosystem.
Following the upgrade, tokens from various subnets are now tradable on platforms such as taosats and other decentralized exchanges (DEXs). This development opens up new opportunities for investors and users to participate in the Bittensor ecosystem, as they can now trade and invest in subnet tokens based on their perceived value.
The completion of the dTAO upgrade is a testament to Bittensor's commitment to innovation and decentralization. By transforming the token issuance model, Bittensor is paving the way for a more inclusive and dynamic AI network, where market forces play a crucial role in the distribution of tokens.
