BITTENSOR - MORE THAN BITCOIN
#TAOwill become the diamond standard, paving the way for decentralized artificial intelligence. Web2 leaders will be drained by #TAO, and Web2 will eventually become part of the TAO black hole
Bitcoin pioneered the blockchain space and brought with it the vision of proof of work that creates digital scarcity through high entropy⊠This scarcity is created by calculating specific SHA256 thresholds of increasing difficulty, aka âdigital goldâ production.
Bittensor creates a different kind of scarcityâthe key to infinite knowledge advancement. Bittensorâs token economy is similar to Bitcoin, with a limited supply (21 million) and a basic emission mechanism (over 130 years and halved every four years), but the similarities stop there⊠Bittensor implements a âfractal chainâ that divides the network into multiple subnetworks (subnets)⊠which in turn, subnets, resulting in an infinitely rich set of digital goods always open, borderless, impunity-free, and available to anyone forever without permission.
Bitcoin is just a âsingle subnetworkâ on Bittensor⊠Each Bittensor subnetwork implements something called an incentive mechanism, which determines the subnetworkâs loss function â i.e. what they will be rewarded for performing certain computations or what services are provided to get more rewards.
Bittensor can be divided into a billion pieces, while Bitcoin can only be divided into 100 million pieces, which in itself conveys a lot of information.
$TAO = 5k$
