Bobby ☕
Bobby ☕ 2 minutes reading from Bitcoin

Here’s How to Build a Blockchain Market Where BTC Works Most Often

A brief intro to @bittensor_

The BTC network is the largest aggregation of computing power ITW. To reach consensus, it uses PoW.

The mining process involves guessing a random number that fits a particular pattern to fill the transactions in the next block of the blockchain ⛏

The BTC

rewards go to the miner who solved the pattern ⛏

Yet the rest of all of that effort is wasted. It has no value.

What if there was a way that we could take that mechanism that incentive and build a blockchain marketplace where all of that work actually has value ? 🤔

Classic AI institutions as Meta/Google/Microsoft are seeking the computational power of BTC network by building big centralized datacenters to run their models on🤖

@bittensor_ leverages this innovation to create the element deemed most valuable to the 4IR : Machine Knowledge🧠

@bittensor_ is a decentralized network with each participant contributing effectively intelligence or knowledge to the network.

They are rewarded in accordance to how well they are providing that information through tao token 🧠🌐

The purpose of @bittensor_

is to leverage every computer available on the Internet.

I don't know if you guys realize but I rarely had this feeling.

We are at the dawn of a new era..

dyor

tao

This post is based on this twitter thread.

Comments

Please login to comment.