Question 1

What is Bittensor?

Accepted Answer

Bittensor is a decentralised blockchain network designed to enable the collaborative creation, training, and evaluation of artificial intelligence (AI) models. It operates as a peer-to-peer intelligence marketplace where participants, referred to as miners and validators, interact within subnets to produce and assess machine intelligence outputs. Each subnet focuses on a specific AI task or data type, such as text, images, or other modalities, creating a decentralised environment for AI development.

Bittensor’s protocol uses its native blockchain to record interactions, rank participants, and distribute rewards in the form of TAO tokens. Validators evaluate the outputs of miners and assign scores based on performance. The network incentivises participants by rewarding contributions that provide information-theoretic value. This design fosters an open ecosystem for AI research and development without relying on centralised authorities.

Question 2

What is Bittensor (TAO) used for?

Accepted Answer

TAO is the native cryptocurrency of the Bittensor network and has multiple use cases:

* **Incentives and Rewards:** Validators and miners are rewarded with TAO tokens based on their contributions within subnets, including generating or evaluating AI outputs.
* **Staking:** Participants stake TAO tokens to support the security and operation of subnets. Stakers earn rewards proportional to their contributions and the performance of the subnet.
* **Governance:** TAO token holders can vote on governance decisions that affect the network, such as protocol updates or changes to incentive mechanisms.
* **Transaction Fees:** TAO tokens are used to pay transaction fees for activities on the blockchain.
* **Subnet Deployment:** Subnet operators utilise TAO to establish and maintain subnets, including computational infrastructure and reward distribution.

Question 3

Who created Bittensor?

Accepted Answer

Bittensor was developed by the Opentensor Foundation, a non-profit organisation focused on decentralising AI development and enabling collaboration in machine learning. The core team includes Jacob Robert Steeves, Ala Shaabana, and Saeideh Motlagh.

Question 4

Decentralised AI Marketplace on Bittensor

Accepted Answer

Bittensor facilitates the decentralised creation and deployment of AI systems through its blockchain infrastructure. Its key features include:

* **Peer-to-Peer Collaboration:** Participants interact within subnets to exchange AI outputs, evaluate performance, and collaboratively train models.
* **Incentive Mechanisms:** Validators and miners are rewarded with TAO tokens based on their contributions to the network, with a focus on informational value and performance.
* **Subnet Flexibility:** Subnets are tailored for specific tasks or data modalities, enabling a diverse range of AI applications and use cases.
* **Security and Fairness:** The network employs ranking and incentive systems to discourage collusion and ensure equitable distribution of rewards.

This structure supports an open, decentralised approach to AI development, promoting accessibility and innovation across a global network of participants.

#	Instrument	Exchange	Benchmark Score	Price	24h Change	24h Volume	24h Trades	24h Open	24h High
1	TAO-USDT TAOUSDT	binance	AA	259,40USDT	-4,46%	62.532,27TAO	96.420	271,50USDT	272,90USDT
2	TAO-USDT TAO-USDT	kucoin	BB	259,46USDT	-4,48%	57.312,96TAO	44.617	271,63USDT	272,85USDT
3	TAO-USDT TAO_USDT	whitebit	BB	259,40USDT	-4,49%	21.497,45TAO	16.522	271,60USDT	272,80USDT
4	TAO-USD TAOUSD	kraken	AA	259,04USD	-4,55%	19.175,11TAO	7660	271,38USD	272,42USD
5	TAO-USD TAO-USD	coinbase	AA	259,12USD	-4,42%	16.122,41TAO	15.004	271,10USD	272,47USD
6	TAO-USDT TAO-USDT	okex	A	259,90USDT	-4,27%	9601,71TAO	14.919	271,50USDT	272,90USDT
7	TAO-USDT TAO_USDT	gateio	A	259,42USDT	-4,45%	8298,69TAO	27.175	271,49USDT	273,01USDT
8	TAO-USDC TAO_USDC	whitebit	BB	259,30USDC	-4,49%	5799,64TAO	5141	271,50USDC	272,50USDC
9	TAO-USDC TAO-USDC	okex	A	259,20USDC	-4,46%	5618,14TAO	8882	271,30USDC	273,70USDC
10	TAO-USDC TAOUSDC	binance	AA	259,20USDC	-4,46%	5163,14TAO	8515	271,30USDC	272,70USDC
11	TAO-WBT TAO_WBT	whitebit	BB	3,28WBT	-3,68%	5113,17TAO	5202	3,40WBT	3,41WBT
12	TAO-USDT TAOUSDT_SPBL	bitget	BB	259,90USDT	-4,27%	3523,09TAO	7654	271,50USDT	272,80USDT
13	TAO-TRY TAOTRY	binance	AA	12.842,00TRY	-4,49%	2358,05TAO	2472	13.446,00TRY	13.495,00TRY
14	TAO-EUR TAOEUR	kraken	AA	231,09EUR	-4,31%	2309,60TAO	2122	241,51EUR	242,57EUR
15	TAO-EUR TAO_EUR	whitebit	BB	231,00EUR	-4,31%	1423,56TAO	1181	241,40EUR	242,70EUR
16	TAO-USD TAO_USD	cryptodotcom	AA	259,13USD	-4,46%	732,48TAO	5440	271,23USD	272,47USD
17	TAO-EUR TAO-EUR	okex	A	231,50EUR	-4,26%	277,34TAO	613	241,80EUR	242,60EUR
18	TAO-FDUSD TAOFDUSD	binance	AA	260,00FDUSD	-4,48%	263,32TAO	186	272,20FDUSD	273,10FDUSD
19	TAO-USDC TAO-USDC	coinbaseinternational	BB	284,94USDC	0,00%	0TAO	0	284,94USDC	284,94USDC
20	TAO-USD taousd	bitstamp	AA	260,66USD	-3,23%	119,10TAO	106	269,35USD	269,45USD
21	TAO-BTC TAOBTC	binance	AA	0.003197BTC	-4,02%	90,12TAO	445	0.003331BTC	0.003334BTC
22	TAO-USDC TAO-USDC	kucoin	BB	259,73USDC	-4,26%	79,39TAO	420	271,28USDC	272,45USDC
23	TAO-USDC TAOUSDC_SPBL	bitget	BB	261,10USDC	-3,87%	27,79TAO	404	271,60USDC	272,60USDC
24	TAO-JPY TAOJPY	binance	AA	41.000,00JPY	-4,77%	25,12TAO	88	43.052,00JPY	43.074,00JPY
25	TAO-IDR TAOIDR	binance	AA	4.677.438,00IDR	-2,90%	8,62TAO	30	4.817.292,00IDR	4.887.661,00IDR
26	TAO-EUR taoeur	bitstamp	AA	235,73EUR	-2,52%	0.5000TAO	1	241,82EUR	241,82EUR
27	TAO-USD1 TAOUSD1	binance	AA	272,60USD1	-1,55%	0.3739TAO	1	276,90USD1	276,90USD1
28	TAO-U TAOU	binance	AA	260,90U	-3,05%	0.1406TAO	4	269,10U	270,90U
29	TAO-USD TAOUSD	cexio	BB	269,65USD	-0,59%	0.08379TAO	1	271,26USD	271,26USD
30	TAO-USDC TAOUSDC	cexio	BB	268,80USDC	-2,29%	0.08379TAO	1	275,10USDC	275,10USDC
31	TAO-USDT TAOUSDT	cexio	BB	267,39USDT	-1,35%	0.06144TAO	1	271,05USDT	271,05USDT
32	TAO-TRY TAO-TRY	okex	A	12.937,40TRY	-2,30%	0.01228TAO	3	13.242,50TRY	13.271,80TRY
33	TAO-USDT TAO_USDT	coinw	-	259,50USDT	-4,46%	23.342,41TAO	7738	271,60USDT	272,80USDT
34	TAO-USDT tao_usdt	lbank	C	259,40USDT	-4,49%	17.263,22TAO	84.826	271,60USDT	272,80USDT
35	TAO-XRP TAOXRP	bitrue	D	203,31XRP	-2,65%	11.662,41TAO	70.969	208,85XRP	209,60XRP
36	TAO-USDT tao_usdt	xtpub	-	259,60USDT	-4,38%	9372,53TAO	11.200	271,50USDT	272,90USDT
37	TAO-USDT tao_usdt	digifinex	D	259,30USDT	-4,49%	8032,67TAO	18.914	271,50USDT	272,90USDT
38	TAO-USDT sTAOUSDT	phemex	C	259,40USDT	-4,56%	7573,49TAO	5531	271,80USDT	273,20USDT
39	TAO-EUR TAO-EUR	bitvavo	B	230,84EUR	-4,48%	6915,81TAO	3533	241,67EUR	242,60EUR
40	TAO-USDT TAOUSDT	bitrue	D	259,36USDT	-4,49%	6383,58TAO	45.430	271,56USDT	272,96USDT
41	TAO-USDT TAOUSDT	mexc	C	259,42USDT	-4,47%	5921,74TAO	9179	271,56USDT	272,92USDT
42	TAO-USDT TAO_USDT	p2pb2b	D	259,80USDT	-4,31%	5189,26TAO	14.004	271,50USDT	272,90USDT
43	TAO-USDT TAO-USDT	bingx	D	259,30USDT	-4,49%	2377,76TAO	52.273	271,50USDT	273,00USDT
44	TAO-EUR TAOEUR	bit2me	B	231,09EUR	-4,31%	2288,45TAO	2109	241,51EUR	242,57EUR
45	TAO-KRW KRW-TAO	upbit	B	352.700,00KRW	-3,87%	1917,00TAO	1422	366.900,00KRW	368.400,00KRW
46	TAO-USDC TAO_USDC	p2pb2b	D	259,30USDC	-4,42%	1401,88TAO	3879	271,30USDC	272,70USDC
47	TAO-USDC TAOUSDC	bitrue	D	259,05USDC	-4,49%	1303,29TAO	37.194	271,24USDC	272,62USDC
48	TAO-USDT TAO_USDT	bydfi	-	259,90USDT	-4,29%	1132,85TAO	4092	271,56USDT	272,90USDT
49	TAO-KRW TAO_KRW	bithumbkorea	-	348.400,00KRW	-4,26%	691,89TAO	540	363.900,00KRW	365.000,00KRW
50	TAO-USDC tao_usdc	xtpub	-	259,30USDC	-4,42%	516,32TAO	3206	271,30USDC	272,60USDC