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.