Is Bittensor a place in cyberspace where the talented are fairly rewarded, and the curious ones are likely to find what they're searching for in this ever-growing realm of incentivized intelligence? Let's find out.

The purpose of this article is to provide a concise explanation of Bittensor, based on official documentation.

Bittensor is an open source protocol powering decentralized, permissionless, censorship-resistant peer-to-peer network developed by the Opentensor Foundation. 

It is designed to enable incentivized production of digital commodities, especially various applications of Artificial Intelligence (AI), while also including its prerequisites: computational power, data storage, and more.

The production of these commodities is conducted via Subnets, specialized networks that are interoperable and can exchange data with each other, thereby creating an integrated digital ecosystem.

Within each Subnet, Miners compete by delivering answers (outputs) to queries (inputs) that are requested and subsequently ranked by Validators. 

The Validators collectively utilize the Yuma Consensus algorithm to set stake-dependent weights, which determine the distribution of the ecosystem currency, $TAO, in proportion to the value contributed by each Miner. Although the network is open to all, the mining process remains highly competitive.

Competition is driven by the limited number of slots allocated for Subnets, Miners, and Validators. After the immunity period, the lowest-performing Miners are replaced by new registrants, and the least-valued Subnets may also be replaced. Furthermore, a validator's standing is dependent on the amount of $TAO delegated to them by stakeholders, and their position can shift rapidly if they lose this trust.

These dynamics establish a continuous feedback loop that ensures constant improvement in the quality of outputs, regulates demand for the commodities provided by each Subnet, and determines Validators' influence over the network's state.

The most innovative aspect of Bittensor's architecture is the integration of the blockchain layer (incentive) with the production layer (compute) in a symbiotic relationship that enhances the network's scalability. 

The blockchain layer does not bottleneck compute bandwidth, instead, it facilitates widespread adoption by incentivizing a diverse array of experts to join the ecosystem.

The governance layer is transparently integrated into the blockchain layer. As Bittensor evolves from a Opentensor foundation-led structure to one owned by the community, the network's democratic functions are managed by two separate bodies: the Senate and the Triumvirate.

Bittensor's vision is to leverage digital markets to promote the growth of decetralized, censorship-resistant AI, ensuring that the power and ownership of machine intelligence are broadly distributed among the public. This approach stands in contrast to traditional centralized models, where control and benefits are typically concentrated in the hands of a select few.

Resources:

[1] Official website:

https://bittensor.com

[2] Incentivizing Intelligence: The Bittensor Approach:

https://bittensor.com/academia

[3] Official Bittensor Developer Documentation:

https://docs.bittensor.com/

[4] TAO Token Economy Explained:

https://opentensor.medium.com/tao-token-economy-explained-17a3a90cd44e

[5] Official Discord Channel:

https://discord.gg/bittensor

Going beyond the adage "Be the change that you wish to see in the world," one could try to create circumstances in which what you want to see manifests automatically, and it seems like Opentensor does both.

The Opentensor Foundation was established in 2021 by Jacob Stevens and Ala Shaabana, as a non-profit organization dedicated to developing Bittensor.

Bittensor's concept originated in 2015, with Stevens and Shaabana joining forces in 2019. Their shared vision for the future of Artificial Intelligence led them to pursue the creation of the largest decentralized AI network in the world…

January 2021 saw the launch of Bittensor's first main network iteration, 'Kusanagi'. By May 2021, it was paused to refine consensus mechanisms. In November 2021, 'Nakamoto' emerged as Kusanagi's successor. On March 20, 2023, another fork improved the kernel code, resulting in 'Finney', named after Hal Finney.

Hal Finney was a pivotal figure in digital currency, being the first to receive a Bitcoin transaction from Satoshi Nakamoto. His legacy continues to inspire the digital currency and cryptography fields. The vast computational power of the Bitcoin network, which Finney contributed to, served as an inspiration for the creation of Bittensor, aiming to harness a similar level of distributed computing for the advancement of AI.

Opentensor is steering Bittensor into a governance model led by the community, progressively decentralizing authority to enhance public involvement. This transformation is designed to democratize the trajectory and advancement of AI technology.

The Foundation is constanly on the lookout for innovative minds to join their team as the organization continues to evolve, seeking talented developers who are passionate about shaping the future of decentralized AI.

Resources:

[1] Official website:https://bittensor.com

[2] Official linked in profile: https://www.linkedin.com/company/bittensor/

[3] Official Discord Channel: https://discord.com/channels/799672011265015819/799672011814862902

[4] For those who want to join the ongoing Bittensor Revolution: https://opentensor.ai/

The tokenomic framework of $TAO is similar to that of Bitcoin, adopting a hard cap of 21 million coins as the maximum supply that will ever be minted, along with a halving cycle that occurs every four years. ^[1]

Approximately every 12 seconds, a block is completed, and a reward of 1 $TAO is distributed among Miners, Validators, Subnets owners and delegators. This results in the emmision of 7,200 $TAO daily. Once half of the total $TAO supply has been issued, the rate at which new $TAO are created will be reduced by 50%. For instance, by the 12th halving event, projected to happen in 2069, the total amount of $TAO in existence is expected to be around 20,994,873 $TAO.

The first halving event for $TAO is anticipated to occur around September 2025. Consequently, the quantity of $TAO in circulation is expected to equal the current amount of Bitcoin in circulation by the year 2037.^[2]

The implementation of Recycling, a process where $TAO tokens spent on Miners registration fees are returned to the pool, effectively delays the date of the halving event.

The cost of registration within Subnets fluctuates based on the number of Miners seeking to join. If the total daily expenses for registration surpass the daily emission of $TAO, the currency could, in theory, become deflationary.

$TAO was fair launched, meaning there were no pre-mined tokens or Initial Coin Offerings (ICOs).^[3]

Currently the transaction cost is 0.000000150 $TAO or 150 RAO (1 $TAO = 1,000,000,000 RAO)

Staking (Delegation) is natively supported.

Resources:

"Bittensor Paradigm" by Jacob Stevens "Const":

[1] https://bittensor.com/about

Taostats by mogmachine

[2] https://taostats.io/

"TAO Token Economy Explained" by Opentensor Foundation:

[3] https://opentensor.medium.com/tao-token-economy-explained-17a3a90cd44e

Many Bittensor enthusiasts are curious about the Yuma Consensus - the mechanism responsible for determining the distribution of $TAO among Bittensor Miners ^[1].

How does it work? I cannot explain it more precisely than the enigmatic Yuma Rao in the Whitepaper.

However, its core purpose is: to ensure that the collective scoring performed by Validators justly compensates the Miners.

The Yuma Consensus algorithm is a mechanism that uses the stake-weighted matrix W to determine how incentives should be distributed among the Subnet Miners. It also calculates dividends for the Subnet Validators. Essentially, this algorithm translates the performance assessments into tangible rewards, incentivizing Miners to perform well and Validators to accurately assess performance.^[1]

The algorithm is designed to prevent a small, coordinated group (often referred to as a Cabal) from exploiting the larger, dispersed majority through unfair self-serving practices, like favoring their own Miners. 

The mechanism operates by reducing the rewards for those whose scores deviate from the majority's consensus. As a result, these individuals or groups have less influence in subsequent scoring rounds, while the majority's influence is strengthened. Over time, this ensures that the majority's fair and honest assessments prevail.

Yuma Consensus, is "agnostic," which means that the algorithm is designed to operate independently of any specific Subnet, or type of content. Focusing on the integrity of the process rather than on external factors that could introduce bias. It ensures that rewards and Validations are based solely on the merit of the work performed, as measured against the algorithm's predefined criteria.

"Bittensor Developer Documentation" by Opentensor Foundation

[1] https://docs.bittensor.com/yuma-consensus

Bittensor: A Peer-to-Peer Intelligence Market by YUMA RAO

[2] https://bittensor.com/whitepaper

Flows to those who share the best answers.

Stays with those who ask the right questions.

Cannot be faked, better used than traded

- as τhe τruτh over τime iτ carried.

The native token of the Bittensor protocol: $TAO, used as an incentive and abstract representation of the intelligence produced inside the network.

1 $TAO is eqvuivalent to 1,000,000,000 (1 billion) $RAO - the smallest denomination of $TAO.^[1]

$TAO functions as a currency that enables:

• access to the network,
• the ability to query the network, and
• governance over the network.

Staking the token is the key mechanism that underpins and activates these functions.

Built on Polkadot's Substrate, a blockchain development framework chosen for an unique use case - to separate the incentive layer and production layer within one integrated ecosystem.^[2]

The tokenomic framework of TAO draws inspiration from Bitcoin, adopting a hard cap of 21 million coins as the maximum supply to ever be minted. While TAO introduce its own unique features and rules within its tokenomics, the core principles it shares with Bitcoin aim to establish a similar level of trust, scarcity, and value appreciation over time.^[3]

From the very beginning, the Opentensor Foundation took many precautions to ensure that TAO achieves the status of a commodity. This classification is significant, as it implies that TAO will not only serve as a medium of exchange or a store of value but will also be treated as a basic good that can be interchanged with other tokens of the same type.

Consequently, the team opted for a fair launch, meaning there were no pre-mined tokens or Initial Coin Offerings (ICOs). This approach guaranteed that each TAO token represented genuine machine learning efforts. Mirroring Bitcoin's introduction of a decentralized currency independent of centralized authority, Bittensor envisions a future where intelligence is impartial and free from corporate influence.^[4]

"Bittensor Developer Documentation" by Opentensor Foundation

[1] https://docs.bittensor.com/glossary#tao

[2] https://docs.bittensor.com/glossary#substrate

"Bittensor Paradigm" by Jacob Stevens "Const"

[3] https://bittensor.com/about

"TAO Token Economy Explained" by Opentensor Foundation

[4] https://opentensor.medium.com/tao-token-economy-explained-17a3a90cd44e

Bittensor: Too good to be true? Possibly - even better.

When one encounters Bittensor, it seems there is a progression through three distinct stages:

• initial skepticism, followed by
• a period of confusion, and often
• culminating in a sense of elation.

The motivation behind the creation of this educational resource is to hopefully help readers move beyond confusion.

Disclaimer: While the articles are grounded in official documentation, the author acknowledges a personal sense of elation and apologizes for any potential bias this may have introduced.

Special thanks to: FirstTensor - for bringing the BittensorWiki to life, and Corcel - their tools, powered by the Bittensor, played a pivotal role in the editing process.

We hope you find the Bittensor Learn section useful.

Cheers!

~Bittensed

Choosing a reputable validator to delegate to is crucial, as they play a significant role in shaping the direction of the Bittensor protocol.

Validators in Bittensor are entities that generate tasks, assess the work produced by Subnet Miners, and allocate rewards to them based on the quality of their output.^[1]

Also the Validators are tasked with determining the allocation of $TAO (emissions) to each Subnet they choose to register with.

Only the top 64 validators with the most stake are granted a validator permit and are active. The stake needed to become one of these validators depends on the stake distribution among the current top 64.^[2]

Validators combine their own stake with the stake delegated to them by others to perform validation tasks. They earn daily rewards based on their total stake. After keeping a percentage for themselves, validators distribute the remaining rewards to those who delegated stake to them. By default, validators keep 18% of these rewards.^[3]

The list of active validators can be found on taostats.io

Official Bittensor Developer Documentation:

[1] https://docs.bittensor.com/learn/anatomy-of-incentive-mechanism#overview

[2] https://docs.bittensor.com/subnets/register-and-participate#validator-permit

[3] https://docs.bittensor.com/delegation

Has anyone heard of "Proof of Intelligence" crypto-mining?

Miners, also known as neurons, peers, or nodes, are Subnet participants that respond to tasks using the Bittensor protocol. Their goal is to fulfill requests from validators to earn the most $TAO rewards within a Subnet.^[1]

Anyone can become a miner by registering a Subnet key and choosing to run their own miner or using pre-existing miner modules from the subnet's codebase. The cost to register a key in $TAO changes and tends to rise when more miners are trying to register at the same time.^[2]

To successfully mine in the highly competitive environment of each Subnet, miners must have an in-depth knowledge of the Subnet domain and a strong command of the Subnet's documentation because Once the immunity period ends, new registrants will replace the Miners who have the lowest performance.

Resources:

Official Bittensor Developer Documentation:

[1] https://docs.bittensor.com/glossary#miners

[2] https://docs.bittensor.com/subnets/register-and-participate#running-a-subnet-miner

As Bittensor evolves from a Opentensor foundation-led structure to one owned by the community, the network's democratic functions are managed by two separate bodies: the Senate and the Triumvirate.

The Senate is a group of influential delegates who choose to be involved in decision-making and hold a significant amount of the network's total stake. Any network member can have their interests represented by delegating their stake to a Senate member who aligns with their views.

To be part of the Senate, a member must:

Register as a hotkey-coldkey pair with any sub-network.

Nominate themselves as a delegate to receive others' $TAO stakes.

Hold a stake (self-stake or through delegation) that is more than 2% of the total network stake.

Opt to join the Senate..^[1]

The Triumvirate, consisting of three members from the Opentensor Foundation, creates and implements proposals. They are not elected and cannot vote on their own proposals. The Senate decides if a proposal should be adopted into the network. ^[2]

[1] Bittensor Developer Documentation

https://docs.bittensor.com/senate

[2] Bittensor Developer Documentation

https://docs.bittensor.com/glossary#triumvirate

In the Bittensor network, not only does "$TAO makes $TAO," but each $TAO also matters.

Stake is equivalent to the amount of $TAO attached to the hotkey. For validators, more stake translates to rankings being worth more in Yuma Consensus.^[1]

Delegation allows for the augmentation of a validator's stake by linking additional $TAO to it, enhancing its influence or voting power in the network. This procedure is trustless because the $TAO remains within the delegator's wallet at all times. Should the validator stop operating for any reason, the $TAO is automatically returned to the delegator's wallet.^[2]

$TAO holders have the flexibility to delegate any quantity of their holdings to a subnet validator without any mandatory lock-in period. The process of staking or unstaking incurs a nominal fee of 150 RAO (equivalent to 0.000000150 $TAO), which is also the minimum balance that must be maintained in the wallet.

Given that a fixed quantity of $TAO is issued daily and distributed among delegators, the annual percentage rate (APR) fluctuates because as the total staked $TAO increases, each delegator receives a proportionally smaller share of the daily issuance.

You can find the current Annual Percentage Rate (APR) for $TAO delegation on bittensorstaking.com, a website built by FirstTensor.

While numerous third-party staking solutions are available, many of which are offered by reputable community members, it is crucial to conduct thorough due diligence before connecting your wallet to them. If you have any concerns or uncertainties, it is recommended to rely on the official staking guide as a trusted source of information.

Resources:

Official Bittensor Developer Documentation:

[1] https://docs.bittensor.com/glossary#stake

[2] https://docs.bittensor.com/delegation

Official staking guide:

[3] https://docs.bittensor.com/staking/staking-polkadot-js

If Bittensor were a megastore, Subnets would be aisles stocked with top-shelf digital commodities, accessible globally 24/7. This would offer a refreshing contrast to the numerous AI 'hypemarkets' flooding the crypto space, wouldn't it?

Subnets are self-contained economic markets incentivizing access to different forms of machine intelligence.^[1] They are like specialized "networks within a network" that are interoperable and can exchange their outputs with each other.

The number of Subnets is currently limited to 32; however, this limit will be gradually increased. Registering a subnet requires locking a set amount of $TAO, which is refunded if the subnet is deregistered. Subnets with the least emissions are periodically replaced by newly registered ones.^[2]

The protocol allows anyone to create a Subnet and become a Subnet Owner ^[2] or join an existing subnet and mine $TAO.^[3]

Since each Subnet has its own incentive mechanisms and requirements, before proceeding, explore the active subnets within the network. Identify the types of digital commodities they produce and refine, as well as the computing resources required to operate as a miner or validator within these subnets.

Consult the official documentation for more detailed information.

Resources:

"Bittensor Developer Documentation" by Opentensor Foundation

[1] https://docs.bittensor.com/glossary#subnetworks

[2] https://docs.bittensor.com/subnets/create-a-subnet

[3] https://docs.bittensor.com/subnets/checklist-for-subnet

Product: The Bittensor Revolution

Owner: Bittensor

Registered: Oct 2, 2023

Utility: The "root of all good" - a "meta-subnet" where the top 64 Validators set the weights for each Subnet, which in turn influences the allocation of $TAO emissions designated for them. ^[1][2]

Github: https://github.com/opentensor/bittensor

[Bittensor Discord]

Resources:

Official Bittensor Developer Documentation:

[1] https://docs.bittensor.com/emissions#root-network

[2] https://docs.bittensor.com/subnet-pages/subnet-0#name

Product: Text generation

Owner: Opentensor

Registered: Oct 2, 2023

Utility: vast, as text generation can be a valuable tool for anyone needing to produce written content efficiently e.g. :

• Content creators and marketers - for crafting articles, blog posts, and ad copy.
• Businesses and entrepreneurs - for business reports and product descriptions.
• Educational institutions - for educational materials and study guides.
• Publishers and authors - for books and story outlines.
• Software developers - for app and website integration.
• Researchers - for study summaries and paper drafts.
• Legal professionals - for legal documents.
• Journalists and media outlets - for news reporting.
• The entertainment industry - for scriptwriting.
• Customer service departments - for automated responses

GitHub: https://github.com/opentensor/prompting?tab=readme-ov-file#readme

[Bittensor Discord]: Discord Channel 

Taostats: https://taostats.io/subnets/netuid-1/#metagraph

Product: Intelligent capital networks

Owner: Inference Labs

Registered: Apr 10, 2024

Utility: Omron subnet is at the forefront of creating secure and intelligent capital networks using a trustless protocol and AI analysis. Their system employs AI models to sift through data and optimize liquidity distribution for maximum yields within various EigenLayer AVS.

GitHub: https://github.com/inference-labs-inc/omron-subnet

[Bittensor Discord]: Discord Channel

Taostats: https://taostats.io/subnets/netuid-2/#metagraph

Product: Text-to-Speech

Owner: MyShell

Registered: Mar 25, 2024

Utility: MyShell is advancing the field of Text-to-Speech (TTS) technology by open-sourcing two leading TTS models, OpenVoice and MeloTTS. These models are crucial for various applications, including virtual assistants and audiobooks. Committed to the future of AI, MyShell is fostering a decentralized ecosystem to encourage the development and enhancement of open-source TTS models.

GitHub: https://github.com/myshell-ai/MyShell-TTS-Subnet

[Bittensor Discord]: Discord Channel

Taostats: https://taostats.io/subnets/netuid-3/#metagraph

Product: Integrity of LLM outputs

Owner: Manifold-Inc

Registered: Oct 3, 2023

Utility: it could be a product used in fields such as data analytics, information security, or AI-based tools, where verifying the accuracy and consistency of data is crucial. It might be particularly useful in environments where decision-making relies on the integrity of data. It is also a stepping-stone for building a comprehensive and reliable multimodal web search engine.

Frontend: https://sybil.com/

GitHub: https://github.com/manifold-inc/targon/

[Bittensor Discord]: Discord Channel  

Taostats: https://taostats.io/subnets/netuid-4/#metagraph

Product: Smart Web3 Search

Owner: kaito.ai

Registered: Mar 4, 2024

Utility: OpenKaito, by Kaito AI, is a decentralized Web3 search and analytics platform. They use BitTensor's consensus to manage search relevance with AI evaluators learning from user feedback. Their upcoming product aims to provide efficient search with smart caching, making Web3 information more accessible to the public.

GitHub: https://github.com/OpenKaito/openkaito

[Bittensor Discord]: Discord Channel

Taostats: https://taostats.io/subnets/netuid-5/

Product: Open Source LLM Benchmarking

Owner: NousResearch

Registered: Feb 7, 2024

Utility: Incentivizing the benchmarking of Open Source Large Language Models can lead to:

• Enhanced Engagement: Attracts more participants and encourages a broader range of contributions, leading to richer data and insights.
• Accelerated Innovation: Spurs competition and collaboration, driving rapid advancements and improvements in language model performance.
• Resource Allocation: Mobilizes additional funding and computational resources, enabling more extensive and thorough benchmarking activities.
• Quality and Diversity: Motivates high-quality submissions and brings in diverse perspectives, which can lead to more robust and equitable AI solutions.
• Commercial and Research Opportunities: Creates potential for commercialization and research funding, providing a platform for participants to showcase their work and gain recognition.

Website: https://huggingface.co/spaces/NousResearch/finetuning_subnet_leaderboard

GitHub: https://github.com/NousResearch/finetuning-subnet

[Bittensor Discord]: Discord Channel

Taostats: https://taostats.io/subnets/netuid-6/

Product: Subtensor enhancement

Owner: SubVortex

Registered: Mar 24, 2024

Utility: SubVortex aims to enhance the decentralization and functionality of Bittensor by establishing an incentivized network of subtensors.

GitHub: https://github.com/eclipsevortex/SubVortex

[Bittensor Discord]: Discord Channel

Taostats: https://taostats.io/subnets/netuid-7/

Product: Financial Markets Forecasting

Owner: taoshi.io

Registered: Oct 12, 2023

Utility: The use of machine intelligence for financial markets forecasting can provide several key utilities:

• Predictive Accuracy: Machine intelligence can analyze vast amounts of historical and real-time data to identify patterns and trends that may not be apparent to human analysts, potentially leading to more accurate predictions of market movements.
• Speed of Analysis: Machine learning algorithms can process and analyze data much faster than humans, enabling real-time forecasting and the ability to react quickly to market changes.
• Risk Management: By forecasting potential market scenarios and their probabilities, machine intelligence can help traders and investors manage risk more effectively, tailoring their strategies to mitigate losses and capitalize on gains.
• Automated Trading: Algorithms can be programmed to execute trades based on machine intelligence forecasts, allowing for automated trading strategies that can operate around the clock without human intervention.
• Market Efficiency: The widespread use of machine intelligence in forecasting can contribute to market efficiency by quickly incorporating new information into prices, reducing arbitrage opportunities and making markets more reflective of underlying economic realities.

GitHub: https://github.com/taoshidev/time-series-prediction-subnet

[Bittensor Discord]: Discord Channel

Taostats: https://taostats.io/subnets/netuid-8/

Product: Decentralized LLM pretraining

Owner: RaoFoundation

Registered: Oct 14, 2023

Utility: Among various benefits, democratization of AI development stands out: decentralized pretraining opens the door for a diverse array of contributors to engage in the creation of LLMs. This shift promotes equitable access to AI technologies, challenging the predominance of big tech firms and granting smaller organizations the opportunity to develop and perfect sophisticated language models.

GitHub: https://github.com/RaoFoundation/pretraining

[Bittensor Discord]: Discord Channel

Taostats: https://taostats.io/subnets/netuid-9/

Product: Zero-knowledge proofs

Owner: Apollo ZK

Registered: Mar 23, 2024

Utility:  Zero-Knowledge Proofs (ZKPs) are used to validate transactions, compute state changes, and create a proof for the blockchain, enhancing transaction throughput significantly. Nodes verify transactions by proof-checking rather than re-execution. This collaborative miner network focuses on pooling resources to efficiently generate ZKPs, with scalability directly tied to miner participation.

GitHub: https://github.com/apollozkp/fourier/tree/main

[Bittensor Discord]: Discord Channel

Taostats: https://taostats.io/subnets/netuid-10/

Product: Audio-to-Text transcription

Owner: 'Cazure'

Registered: Jan 13, 2024

Utility: Decentralized Audio-to-text transcription provides several key utilities: 

• Accessibility: Transcription services make audio content accessible to individuals who are deaf or hard of hearing, thereby promoting inclusivity. Transcripts also allow users to engage with content in noise-sensitive environments or in situations where audio playback is not feasible.
• Searchability and Indexing: Text data is easily searchable compared to audio. Transcripts enable users to quickly locate specific information within audio recordings, which is particularly useful for long recordings such as lectures, interviews, or meetings. This also allows for better indexing and archiving of audio content, making it more discoverable.
• Content Repurposing: Transcribed text can be repurposed for various uses, such as creating subtitles for videos, generating written content from podcasts, or producing summaries and reports from recorded speeches. This extends the reach and utility of the original audio content, allowing creators and businesses to maximize the value of their audio assets.

GitHub: https://github.com/Cazure8/transcription-subnet

[Bittensor Discord]: Discord Channel

Taostats: https://taostats.io/subnets/netuid-11/

Product: Compute Resources

Owner: 'Rhef'

Registered: Jan 30, 2024

Utility: Decentralized incentivized compute resources offer three main utilities:

• cost-effective scalability through the use of shared, underutilized computing power;
• enhanced security and privacy due to the distributed nature of data processing;
• increased fault tolerance and redundancy, ensuring reliable computation even in the event of node failures or attacks.

GitHub: https://github.com/backend-developers-ltd/ComputeHorde

[Bittensor Discord]: Discord Channel 

Taostats: https://taostats.io/subnets/netuid-12/

Product: Cross-Source Data Repository

Owner: 'RusticLuftig'

Registered: Dec 11, 2023

Utility: Collection and secure storage of extensive datasets from various origins, providing a unified data resource for enhanced interoperability and accessibility within a network of Subnets.

GitHub: https://github.com/RusticLuftig/data-universe

[Bittensor Discord]: Discord Channel

Taostats: https://taostats.io/subnets/netuid-13/

Product: LLM Security

Owner: 'ceterum'

Registered: Dec 4, 2023

Utility: This subnet is designed to safeguard Large Language Models (LLMs) by implementing a defense-in-depth strategy. It offers a suite of detection capabilities, each powered by multiple engines or analyzers, to identify and mitigate attacks on LLMs. Developers can integrate this decentralized intelligence with their own security measures, enhancing overall protection. The engines generate a confidence score to evaluate the likelihood of an input being an attack, leveraging the collective insight of numerous endpoints within the Bittensor network to secure LLM applications effectively.

GitHub: https://github.com/ceterum1/llm-defender-subnet

[Bittensor Discord]: Discord Channel

Taostats: https://taostats.io/subnets/netuid-14/

Product: Blockchain Data Analytics

Owner: 'Blockchain-insights'

Registered: Oct 25, 2023

Utility: Converting unprocessed blockchain data into organized graph representations. This initiative is dedicated to delivering in-depth analysis of blockchain operations, encompassing everything from basic transfers to complex interactions within DeFi protocols and NFT marketplaces.

GitHub: https://github.com/blockchain-insights/blockchain-data-subnet

[Bittensor Discord]: Discord Channel

Taostats: https://taostats.io/subnets/netuid-15/

Product: Advertising Network

Owner: FirstTensor

Registered: Apr 16, 2024

BitAds introduces a revolutionary approach to online advertising through a decentralized network built on Bittensor. Aiming to disrupt the traditional advertising industry, BitAds offers a solution that significantly reduces costs for clients while incentivizing miners to promote and drive organic traffic to advertising campaigns.

GitHub: https://github.com/eseckft/BitAds.ai

[Bittensor Discord]: Discord Channel

Taostats: https://taostats.io/subnets/netuid-16/

Frontend: https://firstads.ai/

Product: fine-tuning Diffusions Models

Owner: Plix

Registered: Apr 18, 2024

Utility: Finetuning/Pre-training a Diffusion model on Bittensor network using Vision Subnet.

GitHub: https://github.com/PlixML/pixel

[Bittensor Discord]: Discord Channel

Taostats: https://taostats.io/subnets/netuid-17/

Product: Platform for AI Development and Synthetic Data Generation

Owner: Corcel.io

Registered: Oct 30, 2023

Utility: Cortex.t streamlines app development by providing text and image generation through a decentralized network. It offers a stable, incentivized environment for quality AI production and easy integration with the Bittensor network, fostering innovation and enabling efficient model refinement for developers.

Frontend: https://corcel.io/

GitHub: https://github.com/corcel-api/cortex.t

[Bittensor Discord]: Discord Channel

Taostats: https://taostats.io/subnets/netuid-18/

Product: Image generation, recognition and manipulation

Owner: 'Namoray'

Registered: Dec 18, 2023

Utility: Automated graphic design streamlines content creation by generating unique visuals, automating repetitive tasks, and offering a variety of options for marketing and social media content.

GitHub: https://github.com/namoray/vision/tree/main

[Bittensor Discord]: Discord Channel

Taostats: https://taostats.io/subnets/netuid-19/

Product: Task automation

Owner: 'RogueTensor'

Registered: Dec 20, 2023

Utility: Task automation platform that harnesses the power of intelligent agents to streamline workflows across various applications, including web browsers and communication tools like Discord. It enables users to integrate the advanced processing of large language models directly into their favorite apps for a more efficient and personalized experience.

GitHub: https://github.com/RogueTensor/bitagent_subnet

[Bittensor Discord]: Discord Channel

Taostats: https://taostats.io/subnets/netuid-20/

Product: File storage

Owner: 'philanthrope'

Registered: Nov 5, 2023

Utility: FileTAO offers a secure, private decentralized storage system using advanced cryptography to ensure data integrity without exposing content. Miners store encrypted data without seeing it, while users control access with their wallet coldkey. This innovation is a key component in Bittensor's vision to democratize intelligence and build a decentralized alternative to traditional cloud services.

GitHub: https://github.com/ifrit98/storage-subnet/

[Bittensor Discord]: Discord Channel

Taostats: https://taostats.io/subnets/netuid-21/

Product: Social media data retrival and analysis

Owner: Datura AI

Registered: Dec 26, 2023

Utility:  Smart-Scrape offers a straightforward way to collect and analyze Twitter/X data. It's a useful resource for researchers, marketers, and data analysts who need to gather information efficiently.

GitHub: https://github.com/surcyf123/smart-scrape

[Bittensor Discord]: Discord Channel 

Taostats: https://taostats.io/subnets/netuid-22/

Product: Image generation

Owner: NicheTensor

Registered: Jan 2, 2024

Utility: A collaborative platform for generating images, powered by the decentralized Bittensor protocol. This network enables diverse image creation capabilities, supported by a distributed community of AI models, ensuring robustness and innovation without central dependency.

GitHub: https://github.com/NicheTensor/NicheImage

[Bittensor Discord]: Discord Channel

Taostats: https://taostats.io/subnets/netuid-23/

Product: Multimodal data comprehension

Owner: OMEGA Labs

Registered: Mar 10, 2024

Utility: OMEGA Labs is dedicated to advancing AI systems that possess a multimodal understanding, processing diverse data types such as text, images, audio, and video. Their objective is to construct adaptable any-to-any models capable of real-time inference, adaptable to a broad spectrum of applications and devices.

GitHub: https://github.com/omegalabsinc/omegalabs-bittensor-subnet

[Bittensor Discord]: Discord Channel

Taostats: https://taostats.io/subnets/netuid-24/

Product: Large Language Model training

Owner: 'bitcurrent'

Registered: Nov 14, 2023

Utility: the goal is to develop the largest Large Language Model (LLM) to date, utilizing the decentralized and collaborative nature of the Bittensor network. The subnet is committed to fostering an open and transparent AI community, where the collective power of distributed computing contributes to groundbreaking advancements in language processing.

GitHub: https://github.com/bit-current/DistributedTraining/tree/main

[Bittensor Discord]: Discord Channel

Taostats: https://taostats.io/subnets/netuid-25/

Product: Image generation

Owner: 'Emperor Wang'

Registered: Nov 15, 2023

Utility: image generation with precise prompts and hyperparameter adjustments for customized results. The upcoming TensorAlchemy Studio feature introduces a human-in-the-loop validation platform, aimed at improving image quality. Validators, and eventually end-users, will manually rank images in each batch, influencing incentives and maximizing output quality.

GitHub: https://github.com/Supreme-Emperor-Wang/ImageAlchemy

[Bittensor Discord]: Discord Channel

Taostats: https://taostats.io/subnets/netuid-26/

Product: Compute resources

Owner: Neural Internet

Registered: Nov 16, 2023

Utility: This compute-composable subnet is designed to facilitate seamless integration across diverse cloud platforms, enabling efficient resource sharing and allocation. By allowing nodes to contribute computational power and validators to maintain resource integrity, it supports higher-level cloud services in offering adaptable and efficient compute capabilities.

GitHub: https://github.com/neuralinternet/compute-subnet

[Bittensor Discord]: Discord Channel

Taostats: https://taostats.io/subnets/netuid-27/

Product: Stock Market Price Prediction

Owner: Foundry Digital LLC

Registered: Feb 28, 2024

Utility: Foundry's S&P 500 Oracle incentivizes miners to predict the S&P 500 index price during trading hours. Validators issue timestamps for future price predictions, and miners submit their forecasts for those times. After the prediction period ends, validators score the miners based on accuracy, fostering a competitive environment that encourages improved predictive performance.

GitHub: https://github.com/teast21/snpOracle

[Bittensor Discord]: Discord Channel 

Taostats: https://taostats.io/subnets/netuid-28/

Product: Video generation

Owner: FractalResearch

Registered: Feb 16, 2024

Utility: Fractal's subnet leverages deterministic verification to establish a decentralized network for video generation from text. It incentivizes hosting of text-to-video models, optimizing end-user inference requests for reduced latency. The subnet's design includes a unique random seed for each request, ensuring resistance to gamification by penalizing discrepancies between Verifier and Prover seeds.

GitHub: https://github.com/fractal-net/fractal

[Bittensor Discord]: Discord Channel

Taostats: https://taostats.io/subnets/netuid-29/

Product: Image generation

Owner: WOMBO.ai

Registered: Feb 24, 2024

Utility: image generation via API provides a programmable interface for creating custom images from text descriptions, enabling seamless integration into various applications and workflows.

GitHub: https://github.com/womboai/wombo-bittensor-subnet

[Bittensor Discord]: Discord Channel

Taostats: https://taostats.io/subnets/netuid-30/

Product: Distributed Neural Architecture Search (NAS) 

Owner: 'mutex::lock'

Registered: Apr 7, 2024

Utility: NASChain streamlines Neural Architecture Search (NAS) by distributing the design process across the Bittensor network. This decentralized method accelerates the discovery of efficient neural networks, optimizing for accuracy and computational cost, while reducing the traditionally high resource and time requirements.

GitHub: https://github.com/nimaaghli/NASChain

[Bittensor Discord]: Discord Channel

Taostats: https://taostats.io/subnets/netuid-31/

Product: AI-generated content detection

Owner: 'It-s-AI'

Registered: Mar 7, 2024

Utility: Bittensor Subnet 32 specializes in distinguishing AI-generated text from human writing, a critical service in an era where AI produces vast amounts of content. It supports ML engineers by protecting training data quality, aids educators in maintaining academic honesty, and assists bloggers in managing authentic engagement. Beyond these, it's invaluable for writers, recruiters, and cybersecurity experts dealing with AI-crafted content.

GitHub: https://github.com/It-s-AI/llm-detection

[Bittensor Discord]: Discord Channel

Taostats: https://taostats.io/subnets/netuid-32/

The Opentensor Foundation is the governing entity for the Bittensor project.

Supporting the bittensor eco-system through data provision, statistics and analytics.

Foundry works to empower a decentralized infrastructure. We are protocol-agnostic and seek to support like-minded blockchain entrepreneurs who share our mission to advance the industry.

Bittensor Guru - The auditory intersection of decentralized artificial intelligence, blockchain and incentive.

TAO-Validator.com is a highly secure validator on the Bittensor Network.

RoundTable21 is an International, multi-disciplinary team of consultants and advisors partnering alongside leading blockchain startups to offer guidance, expertise, investment and hands-on assistance in every aspect of development.

Powered by people for people - Stake TAO today and earn TAO rewards passively.

Tensorplex Laboratories is building robust and open technologies to propel the decentralized AI ecosystem.

Dive into the Bittensor network with Rizzo, where ‘bare metal’ performance meets 24/7 reliability. Our vigilant engineers and dynamic AI & marketing teams are your partners in growth, driving the decentralized AI revolution.

Owl Ventures is a group of strategic angels that support early stage blockchain projects.

A professional media validator dedicated to securing top-tier coverage in the world’s most recognized publications building Bittensor’s brand equity and creating global awareness of $TAO.

An AI research and development decentralized autonomous organization (DAO).

North Tensor, providing resources, education, and information to the bittensor community. AI’s true north.

Bridging Bittensor to a billion users.

Love validator exists to accelerate the tenets of open-source Artificial Intelligence. Powered by Cosimo Capital.

The go to validator for the smaller TAO holders.

 Research and development validator for SN1 and other Synapse team subnets

Extreme growth & experiments from giga corp. We use APY to TAO-pill new developers, builders and adopters. Visit our Bakery to learn more.

Meet Hal, your personal AI assistant powered by Bittensor. With Hal, you can access decentralized and uncensorable AI directly from your favourite social networks and messenger apps.

AI empowered with Bittensor!

Corcel is a versatile and adaptive assistant powered by a decentralized network of machine learning models. It harnesses the collective intelligence of distributed miners on the Bittensor network to provide accurate information, answer questions, and assist with tasks efficiently while ensuring privacy and security through its decentralized architecture.

A platform where users can transform creativity into opportunity. Designed to empower creators, it seamlessly blends artificial intelligence with user-friendly tools, enabling individuals to craft, share, and profit from their creations, including images, audio, and video content generated by AI. 

A groundbreaking platform revolutionizing marketing by simultaneously connecting your website with hundreds of influencers for unparalleled exposure. With FirstAds, users can create marketing campaigns for their products or brands and incentivize others to drive organic traffic to their website at a fraction of the cost.

Unlock the Future of Decentralized Search with Sybil

Sybil is not just another search platform, it's a revolutionary step forward in how we access and interact with information online.

Datura AI Smart-Scrape is a cutting-edge tool hosted on the Bittensor network, designed for effective and simplified analysis of Twitter data. This tool is ideal for researchers, marketers, and data analysts who seek to extract insightful information from Twitter with ease.

Foundry, acting as a Validator on Bittensor network, is a leading cryptocurrency mining and blockchain infrastructure company, providing comprehensive services and investment opportunities in the digital asset space.

Grayscale Investments is an American digital currency asset management company and subsidiary of Digital Currency Group founded in 2013 and based in Stamford, Connecticut.

In 2015, the company became a subsidiary of Digital Currency Group, and in the same year, Grayscale Bitcoin Trust (OTCQX: GBTC) began trading over-the-counter on the OTCQX market, becoming the first publicly traded Bitcoin fund in the United States.

Assets under management: 50 billion USD (2021)

Founded: 2013

Pantera Capital is an American hedge fund focused on digital assets headquartered in Menlo Park, California. The asset manager specializes in cryptocurrencies. It is one of the largest digital asset funds in the world by managed assets. In 2013, when the price per BTC was $65, Pantera Capital launched the first investment fund focused on Bitcoin in the United States.

Assets under management: 4.2 billion USD (2022)

Founded: 2003

FirstMark is a venture capital firm based in New York City. FirstMark invests in early-stage technology companies, frequently as the first institutional investor and leading the rounds it participates in. Notable investments include Airbnb, Pinterest, Shopify, DraftKings, Stubhub, Upwork, and Ro.

With its significant influence in New York City, FirstMark primarily focuses on investments in companies located on the East Coast and in Europe. The firm targets a broad range of sectors, including AI, healthcare, finance, consumer goods, property technology, marketplaces, infrastructure, e-commerce, education, and enterprise software.

Assets under management: 3.5 billion USD (2022)

Founded: 2008

Polychain Capital (Polychain) is an American investment firm based in San Francisco, California. The firm focuses on investments related to cryptocurrency and blockchain technology.

In 2018, Polychain became the first cryptocurrency fund with more than $1 billion in assets under management, according to a regulatory filing.

Assets under management: 6.6 billion USD (2022)

Founded: 2016

A nice overview to help newcomers understand the Bittensor Network.

The Bittensor Guru podcast delves into the world of Bittensor offering personal perspectives about the ecosystem and its subnetworks.

Manage your Bittensor accounts outside of dapps. This is a non-custodial TAO wallet created by the Opentensor Foundation. It's crucial to keep your mnemonic phrase secure, as losing it means you cannot recover your account.

You can use this wallet to:

- Securely store TAO

- Transfer TAO

- Delegate TAO.

The Polkadot-JS browser extension is an account management tool which allows you to create and also import accounts from Ledger devices or Parity Signer, allowing the signing of extrinsics using these accounts.

Nova Wallet is a decentralized and self-custodial app, therefore nobody has access to users' data (including accounts) except users themselves. For this reason it is imperative that you keep your mnemonic phrase safe. Without it, it is impossible to restore your account if you ever lose access to it.

Talisman Wallet is a self-custodial wallet, which means that only you have access to your accounts. For this reason it is imperative that you keep your mnemonic phrase safe. Without it, it is impossible to restore your account if you ever lose access to it.

SubWallet is a Web3 extension wallet for Substrate-based chains. SubWallet makes it easy to track, send, receive and sign transactions on Defi and GameFi applications in the chains built using the Substrate ecosystem.

Gate.io is one of the world's first exchange to guarantee 100% Proof of Reserves. Using an open-source Merkle tree solution combined with third-party audits or zero-knowledge tech, users can independently verify their deposited assets.

KuCoin is a feature-rich exchange that allows users from over 200 countries to buy, sell, and trade digital assets on Spot, Futures, and Margin markets for over 840 cryptocurrencies.

MEXC is one of the world's leading digital asset exchanges. Trusted by over 7 million users worldwide, the MEXC platform delivers a superlative trading experience with secure, safe, and speedy transactions, more than 1,100 listed cryptocurrencies, and intuitive usage.

Uphold is a multi-asset digital money platform offering financial services to a global market. Uphold's unique 'Anything-to-Anything' trading experience enables customers to trade directly between asset classes with embedded payments facilitating a future where everyone has access to financial services.

Ranking as the largest platform for cryptocurrency copy trading and the third-largest exchange for crypto derivatives, Bitget provides a comprehensive range of crypto services, including crypto-to-crypto trading, spot trading, futures trading, margin trading, copy trading, AI trading bots, and Launchpad.

BitMart is a centralized exchange that provides crypto asset trading and investment services to over 9 million users around the globe. The trading platform offers numerous features for its clients, including staking, lending, savings products, derivative contracts, and expanded spot trading options.

BingX is an international digital services financial institution, with branch offices in Asia, Oceania, Europe, and South America. BingX has also registered or obtained regulatory approval to operate in other countries where it provides its services or carries on any form of business.

Taostats is a Block Explorer and Analytics Platform for Bittensor Network.

Bittensor Scan is a block explorer for Bittensor Network created by OpenTensor Foundation.

Calculate your potential TAO rewards based on the performance of each validator's average APR over the last 7 days and manage your TAO tokens by delegating or un-delegating with your chosen Bittensor Validator.

The Bittensor Proposal for the Dynamic TAO is here. Let's break it down.

What's Going On: Imagine Bittensor as a big community project where lots of people work on cool tech stuff like AI. They have their own currency called TAO. Right now, a small group of top members decide how to hand out this TAO, which is super important for funding their projects.

The Problem: This setup is a bit like letting the popular kids in school decide everything – it's not really fair, and sometimes they make choices that aren't the best for everyone.

New Plan - Dynamic TAO: So, they've come up with this new idea. Instead of just these few people deciding, everyone holding TAO gets a say in where the money goes. It's like giving everyone in our school a vote on important stuff, not just the cool kids.

How It Works: Think of TAO like arcade tokens. With this new plan, you can swap these tokens for special ones (Dynamic TAO) linked to different projects or 'subnets'. If a lot of people want to swap their tokens for a particular project's token, that project gets more funding. It's a bit like backing your favorite player in a game with your tokens.

Why It's Cool: This approach is more like a group decision – everyone's opinion counts. Projects that people really believe in get more support. It's fairer and more in tune with what everyone thinks is valuable.

Nitty-Gritty Details: They've got some rules on how to swap tokens and how these special tokens work, but the big picture is about making sure the whole TAO community gets a say in what projects deserve the most support.

This whole Dynamic TAO thing is about making things more democratic and fair in the Bittensor world. It's like moving from a few people making all the decisions to a more community-driven approach, where everyone's vote can help shape the future of their tech projects.

So, basically, it's all about making the way they fund their AI projects more open and fair for everyone involved! You can find more information about this proposal using the link above.

TaoHub by @swiss_staking, introduces a revolutionary Dashboard, a Validator and Forum all around Bittensor.

TaoBridge is a 3rd party community-maintained bridge that connects Bittensor (TAO) and Ethereum (WTAO).