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What’s all the fuss with TAO (bittensor) ?

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by COINS NEWS 117 Views

Bittensor is a decentralized artificial intelligence (AI) protocol that facilitates the exchange of value for computations. What sets it apart is its unique architecture, which enables dynamic and real-time allocation of resources based on demand.

Traditional decentralized systems often face challenges in efficiently utilizing computational resources. Bittensor addresses this by introducing a dynamic marketplace where nodes contribute their computing power and get rewarded with the native token, TAO. This creates a self-organizing, adaptive network that optimally allocates resources for AI computations.

The bullish case for Bittensor revolves around its potential to revolutionize decentralized AI.

The native token, TAO, will gain value as the protocol gains adoption. The dynamic marketplace and Proof-of-Workout consensus mechanism provide strong incentives for node operators, contributing to the protocol's robustness and scalability.

As decentralized AI becomes increasingly important, Bittensor's unique approach could position it as a key player in the space, potentially leading to broader industry adoption and increased demand for its native token. At the moment it seems to have the first mover advantage as well as strong branding and a tightly knit, passionate community.

Further Reading: https://bittensor.com

Whitepaper : https://bittensor.com/whitepaper

Twitter: https://twitter.com/opentensor

How to get TAO Wrapped TAO : https://app.uniswap.org/#/swap?inputCurrency=0x77e06c9eccf2e797fd462a92b6d7642ef85b0a44&outputCurrency=ETH

Unwrap WTAO for Native TAO with:

https://taobridge.xyz

Stake TAO on:

https://taostats.io

Built on Bittensor:

https://Sybil.com

submitted by /u/Stock-Accountant
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