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 TAO-USDT	kucoin	BB	278.36USDT	1.84%	64,107.54TAO	51,407	273.34USDT	284.97USDT
2	TAO-USDT TAOUSDT	binance	AA	278.40USDT	1.83%	61,382.61TAO	92,747	273.40USDT	285.00USDT
3	TAO-USDT TAO_USDT	whitebit	BB	278.30USDT	1.83%	23,978.71TAO	18,251	273.30USDT	284.80USDT
4	TAO-USD TAOUSD	kraken	AA	278.32USD	1.93%	22,010.51TAO	9,972	273.05USD	284.50USD
5	TAO-USD TAO-USD	coinbase	AA	278.04USD	1.85%	21,849.88TAO	26,400	272.99USD	284.59USD
6	TAO-USDT TAO-USDT	okex	A	278.30USDT	1.79%	13,636.27TAO	16,484	273.40USDT	284.90USDT
7	TAO-USDC TAOUSDC	binance	AA	278.20USDC	1.87%	10,240.31TAO	14,481	273.10USDC	284.80USDC
8	TAO-USDT TAO_USDT	gateio	A	278.34USDT	1.82%	8,715.65TAO	29,382	273.36USDT	285.02USDT
9	TAO-USDC TAO-USDC	okex	A	278.20USDC	1.79%	7,099.11TAO	12,620	273.30USDC	284.60USDC
10	TAO-WBT TAO_WBT	whitebit	BB	3.40WBT	1.70%	6,550.44TAO	6,484	3.35WBT	3.45WBT
11	TAO-USDC TAO_USDC	whitebit	BB	278.30USDC	1.79%	6,362.98TAO	5,824	273.40USDC	284.80USDC
12	TAO-USDT TAOUSDT_SPBL	bitget	BB	278.30USDT	1.79%	4,845.05TAO	8,237	273.40USDT	285.00USDT
13	TAO-EUR TAOEUR	kraken	AA	248.73EUR	1.71%	2,001.43TAO	2,319	244.54EUR	254.09EUR
14	TAO-EUR TAO_EUR	whitebit	BB	248.90EUR	1.88%	1,612.43TAO	1,433	244.30EUR	253.90EUR
15	TAO-USD TAO_USD	cryptodotcom	AA	278.50USD	1.81%	971.48TAO	4,122	273.54USD	284.02USD
16	TAO-TRY TAOTRY	binance	AA	13,730.00TRY	1.90%	881.96TAO	1,416	13,474.00TRY	14,031.00TRY
17	TAO-USD taousd	bitstamp	AA	277.96USD	-0.16%	267.87TAO	57	278.40USD	283.07USD
18	TAO-USDC TAO-USDC	coinbaseinternational	BB	284.94USDC	0.00%	0TAO	0	284.94USDC	284.94USDC
19	TAO-USDC TAOUSDC_SPBL	bitget	BB	277.60USDC	1.57%	225.22TAO	678	273.30USDC	284.20USDC
20	TAO-EUR TAO-EUR	okex	A	248.50EUR	1.43%	204.28TAO	763	245.00EUR	254.20EUR
21	TAO-FDUSD TAOFDUSD	binance	AA	279.00FDUSD	1.97%	110.07TAO	3,216	273.60FDUSD	285.00FDUSD
22	TAO-USDC TAO-USDC	kucoin	BB	278.59USDC	2.11%	95.58TAO	575	272.84USDC	284.69USDC
23	TAO-BTC TAOBTC	binance	AA	0.003331BTC	1.46%	81.12TAO	264	0.003283BTC	0.003385BTC
24	TAO-JPY TAOJPY	binance	AA	44,001.00JPY	1.61%	30.71TAO	72	43,305.00JPY	45,057.00JPY
25	TAO-IDR TAOIDR	binance	AA	4,950,703.00IDR	1.03%	17.48TAO	32	4,900,000.00IDR	5,020,869.00IDR
26	TAO-U TAOU	binance	AA	277.90U	1.09%	11.79TAO	184	274.90U	282.60U
27	TAO-EUR taoeur	bitstamp	AA	253.30EUR	0.29%	4.45TAO	6	252.57EUR	253.32EUR
28	TAO-USD1 TAOUSD1	binance	AA	279.60USD1	2.04%	2.18TAO	6	274.00USD1	282.40USD1
29	TAO-TRY TAO-TRY	okex	A	13,740.00TRY	-1.33%	0.1010TAO	2	13,925.40TRY	13,925.40TRY
30	TAO-USDC TAOUSDC	cexio	BB	275.50USDC	-0.86%	0.09496TAO	1	277.90USDC	277.90USDC
31	TAO-USDT TAOUSDT	cexio	BB	279.59USDT	0.01%	0.08754TAO	2	279.57USDT	279.59USDT
32	TAO-USD TAOUSD	cexio	BB	279.62USD	-0.56%	0.08379TAO	1	281.19USD	281.19USD
33	TAO-USDT TAO_USDT	coinw	-	278.50USDT	1.90%	22,035.40TAO	8,094	273.30USDT	284.90USDT
34	TAO-USDT tao_usdt	xtpub	-	278.40USDT	1.83%	18,327.80TAO	24,572	273.40USDT	285.00USDT
35	TAO-USDT tao_usdt	lbank	C	278.40USDT	1.79%	14,433.79TAO	84,325	273.50USDT	284.90USDT
36	TAO-XRP TAOXRP	bitrue	D	202.79XRP	0.74%	11,530.89TAO	72,342	201.31XRP	205.73XRP
37	TAO-EUR TAO-EUR	bitvavo	B	248.42EUR	1.76%	8,532.83TAO	5,584	244.13EUR	254.10EUR
38	TAO-USDT tao_usdt	digifinex	D	278.50USDT	1.87%	8,437.65TAO	20,347	273.40USDT	285.20USDT
39	TAO-USDT sTAOUSDT	phemex	C	278.50USDT	1.90%	7,399.32TAO	5,658	273.30USDT	285.10USDT
40	TAO-USDT TAOUSDT	bitrue	D	278.44USDT	1.85%	6,449.91TAO	45,509	273.37USDT	284.87USDT
41	TAO-USDT TAO_USDT	p2pb2b	D	278.70USDT	1.94%	5,316.09TAO	14,389	273.40USDT	285.00USDT
42	TAO-USDT TAOUSDT	mexc	C	278.47USDT	1.84%	4,445.36TAO	8,238	273.44USDT	285.04USDT
43	TAO-KRW KRW-TAO	upbit	B	376,200.00KRW	1.81%	3,972.16TAO	2,234	369,500.00KRW	383,500.00KRW
44	TAO-USDT TAO-USDT	bingx	D	278.50USDT	1.87%	2,306.62TAO	61,547	273.40USDT	284.80USDT
45	TAO-USDC tao_usdc	xtpub	-	278.10USDC	1.83%	2,041.54TAO	7,139	273.10USDC	284.70USDC
46	TAO-USDC TAOUSDC	bitrue	D	278.05USDC	1.83%	2,041.07TAO	39,353	273.05USDC	284.81USDC
47	TAO-EUR TAOEUR	bit2me	B	248.75EUR	1.69%	1,990.05TAO	2,312	244.63EUR	254.09EUR
48	TAO-USDC TAO_USDC	p2pb2b	D	278.30USDC	1.90%	1,884.67TAO	5,617	273.10USDC	284.80USDC
49	TAO-USDT TAO_USDT	bydfi	-	278.62USDT	1.89%	834.71TAO	4,140	273.44USDT	285.04USDT
50	TAO-KRW TAO_KRW	bithumbkorea	-	375,800.00KRW	1.65%	568.61TAO	410	369,700.00KRW	384,100.00KRW