[ANN][POK/POI] Bittensor: Tτ | Internet-scale Neural Networks

[The Nightingale]

This is not an official announcement from the Bittensor team. I personally hold some Tao.

Bittensor Tτ

Bittensor is a peer-to-peer marketplace that rewards the production of machine intelligence.
 It utilizes state-of-the-art techniques such as mixture of experts and knowledge distillation in order to create a peer-to-peer
 network that incentivizes knowledge production, where producers can sell their work, and consumers can buy this knowledge
 to make their own models better. This opens the door for collaborative intelligence, where researchers are incentivized
 to help each other produce more powerful models. Ultimately, this “cognitive economy” has the potential to open a new
 frontier for the advancement of AI as a whole.

At Bittensor, we are creating an open, decentralized, peer-to-peer network that functions as a market system for the development of artificial intelligence.
             Our purpose is not only to accelerate the development of AI by creating an environment optimally conducive to its evolution but to democratize
              the global production and use of this valuable commodity. Our aim is to disrupt the status quo: a system that is centrally controlled, inefficient and unsustainable.
              In developing the BitTensor API, we are allowing standalone engineers to monetize their work, gain access to sophisticated machine intelligence models and join
              a community of innovative, forward-thinking minds.

The nodes in Bittensor are miners in that they are mining machine knowledge from datasets.
The miners learn from that dataset by learning in conjunction with the other miners
It's a giant Neural Network with tensors and gradients being passed around
The chain facilitates a peer ranking system where the nodes agree on who is generating useful information in the system
the miners submit weights to the chain which produce an overall ranking for each miner
the chain then uses that ranking to distribute tokens

General
Website | GitHub | Whitepaper | Docs | Explorer | Network Dashboard

Specifications

Ticker: TAO
Consensus: Yuma Consensus Algorithm
Distribution Algorithm: Proof of Knowledge/Intelligence
Max Supply: 21 Million
Pre-mine: None
Block Rewards: 1 TAO
Reward halving: Same inflation curve as Bitcoin.
Decimal Places: 9
Block Time: 12s
Genesis Block (Kusanagi Launch): 2021-01-09
Blocks mined from Kusanagi launch before switch: 1,805,945 @ 6s blocks 0.5 tao per block
Genesis Block (Nakamoto (re)launch): 2021-11-02
Blocks mined since Nakamoto launch 2022-03-30: 1,059,330
Current issuance of Tao (2022-03-30 12:08PM EST):1,605,520 TAO
Genesis Block (Finney; Subnets launch): 2023-03-20

The Bittensor blockchain is based on substrate and is written in Rust.

Distribution
The Bittensor incentive mechanism uses a set of weights, a weight matrix, to inform the distribution of newly minted stakes.
Individual rows in this weight matrix are set by other miners in the network as they learn your importance to their subjective loss functions.
Your rank is thus given by the sum over all weights set towards you multiplied by the stake of the peer.

Community
Discord | Twitter | LinkedIn | Telegram

Wallet
There is currently no official wallet beyond the Bittensor CLI, btcli.

- btcli (CLI wallet)
- Opentensor's Chrome Extension Wallet
- Talisman (browser extension)
- Nova Wallet (mobile app)
- Sub Wallet (mobile app)

You can use PolkadotJS Oracle along with the PolkadotJS browser extension as a wallet.

Exchanges  
There are no exchange listings yet. Polkadot integration is targeted for early Q3, 2022.
Polakdot integration was abandoned for the time being, but a slot on DOT and KSM were acquired.
CoinGecko
CoinMarketCap

Media/Resources
A Bittensor Lesson Medium Article
Meta-Averse Podcast

Projects
TAOStats (Network dashboard)
Corcel Generative AI (Chat and Image generation)
taoshi (Market price prediction)
wTAO TAOBridge (custodial TAO-ETH bridge)

Edit: About original network launch
The project was announced on For.ai (2020), Hackernews (2020), Reddit(2020), Arxiv(2020) and Kaggle (Jan 2021), pre-launch.
In the first year, Satoshi mined ~60% of the tokens (bitcoin), and almost all of the first 500k, by comparison, the devs/founders of
Bittensor already have less than 60% of token circulation (which is 1.6M TAO circulating as of 2022-03-30) -- and have donated a larger
portion of that inflation to fund the project through the OpenTensor Foundation, all via mining after launch.

Further, as block times are quick, and block rewards are smaller, distributed using the Incentive mechanism,
the blocks that have been mined thus far (2022-03-30) would be equivalent to around 32,000 of the first bitcoin blocks.

The goal of the project is not to be the next cryptocurrency, but to improve and democratize the current machine learning landscape by
reducing the cost for researchers, companies, and individuals to train their own models, all through sharing knowledge via Bittensor.

[KhepriTaoTeChing]

 

[FreeWorldUsers]

Is that some kind of fu*&* joke ?? One million blocks mined. Developers mined on they own and now looking for buyers

[AllForOneA41]

Really  Yeah it looks like strange ...

[AllForOneA41]

Is that some kind of fu*&* joke ?? One million blocks mined. Developers mined on they own and now looking for buyers

Yeah wake me up when they restart chain to make a fair launch instead of looking for buyers for those one million "pre-mined" coins. Greedy monkeys

[FreeWorldUsers]

Is that some kind of fu*&* joke ?? One million blocks mined. Developers mined on they own and now looking for buyers

Yeah wake me up when they restart chain to make a fair launch instead of looking for buyers for those one million "pre-mined" coins. Greedy monkeys

Good point. I'm not going even to join project like that :
1. To many coins mined till now
2. They will say "You can start to mine now" - but difficulty provably already big as Fu&*
3. Others will start to blame You that you want only money ( So they should not mine let us to mine one million block and start )
4. They look for peoples who will buy not miners they don't care about fair start so drop it

[The Nightingale]

Is that some kind of fu*&* joke ?? One million blocks mined. Developers mined on they own and now looking for buyers

Yeah wake me up when they restart chain to make a fair launch instead of looking for buyers for those one million "pre-mined" coins. Greedy monkeys

Good point. I'm not going even to join project like that :
1. To many coins mined till now
2. They will say "You can start to mine now" - but difficulty provably already big as Fu&*
3. Others will start to blame You that you want only money ( So they should not mine let us to mine one million block and start )
4. They look for peoples who will buy not miners they don't care about fair start so drop it

I understand some users here believe the launch was unfair (I disagree, having joined myself in November). This worry is justifiable, and I can see where those of you are coming from.
However, I did not join this project because of the tokenomics, I joined because I believe in the use-case the token is trying to solve. Having a background in CS, I can see this project becoming very useful to many, so I decided to get involved.

I don't think anyone here that is worried should feel pressured to join the project, and to those of you that are worried, I say don't take the risk. Don't join. That's fine.
But to anyone who wants to get involved, there is a community of helpful people (myself included) willing to help you learn how to set up a model and join, serve, validate, or just use the network to distil a model.

Further, I created this announcement fully transparently about launch* dates. I am not on the dev team, I just want to see the project succeed, so this announcement was meant to
introduce the project to more people. Hopefully, some people will notice its usefulness and contribute to the network, meaningfully. The idea is not to just have miners but to have useful
miners that contribute knowledge to the network. This is what Bittensor hopes to accomplish, not just quantity, but quality.

[The Nightingale]

Good point. I'm not going even to join project like that :
1. To many coins mined till now
2. They will say "You can start to mine now" - but difficulty provably already big as Fu&*
3. Others will start to blame You that you want only money ( So they should not mine let us to mine one million block and start )
4. They look for peoples who will buy not miners they don't care about fair start so drop it

To add to my last comment,

The "difficulty" is not akin to a traditional POW network. You can have an edge on other miners by serving a model that provides something more "useful" to the network.
This means you model will ideally reduce another peer(s)' loss function enough for them to rank you higher. This gives you more rewards.
The current "difficulty" relates to the quality of model you can server being higher due to competition, rather than the hardware requirements themselves being larger due
to usual POW difficulty.

I understand some stake-holders may want others to join just to buy their tokens from them. And that's expected. But without an exchange, that's a tough ask. I personally could not care less
if you decided to buy some Tao. I would prefer that you server a model on the network and make the network more useful as this has the real impact on the project. Not the price.

Anyway, as I mentioned, I and many other members of the community would be happy to help anyway and everyone get involved in the network. We want you to serve a model to the network and validate to rank your peers, contributing your model's knowledge, strengthening the network, and bettering the it overall.
And if you feel like this is too difficult, I'm sure someone "greedy" would be happy to sell you some Tao to stake or hold. Otherwise, I'm not sure you would have contributed meaningfully to
the project in the first place.

[FreeWorldUsers]

Good point. I'm not going even to join project like that :
1. To many coins mined till now
2. They will say "You can start to mine now" - but difficulty provably already big as Fu&*
3. Others will start to blame You that you want only money ( So they should not mine let us to mine one million block and start )
4. They look for peoples who will buy not miners they don't care about fair start so drop it

To add to my last comment,

The "difficulty" is not akin to a traditional POW network. You can have an edge on other miners by serving a model that provides something more "useful" to the network.
This means you model will ideally reduce another peer(s)' loss function enough for them to rank you higher. This gives you more rewards.
The current "difficulty" relates to the quality of model you can server being higher due to competition, rather than the hardware requirements themselves being larger due
to usual POW difficulty.

I understand some stake-holders may want others to join just to buy their tokens from them. And that's expected. But without an exchange, that's a tough ask. I personally could not care less
if you decided to buy some Tao. I would prefer that you server a model on the network and make the network more useful as this has the real impact on the project. Not the price.

Anyway, as I mentioned, I and many other members of the community would be happy to help anyway and everyone get involved in the network. We want you to serve a model to the network and validate to rank your peers, contributing your model's knowledge, strengthening the network, and bettering the it overall.
And if you feel like this is too difficult, I'm sure someone "greedy" would be happy to sell you some Tao to stake or hold. Otherwise, I'm not sure you would have contributed meaningfully to
the project in the first place.

Yes but You will not dissagree when I say that mining from block 0 with first models was easier than now after 1 million blocks in any project that need to compute "something" best results are at start and it does not matter what you mine or use for mining. At start You gain more always its easier. Restart chain and we will see how rates for miners will be same ?? I don't think so

[FreeWorldUsers]

So from what You say there is no diff. In my opinion mining at start is always profitable for miners and please don't try to sell me that bulls&^% one million blocks mined it looks like "premine" that is all from my side

[KhepriTaoTeChing]

So from what You say there is no diff. In my opinion mining at start is always profitable for miners and please don't try to sell me that bulls&^% one million blocks mined it looks like "premine" that is all from my side

So in short, you're mad at the project's community for mining without you, so you immediately jump to attacking the devs?

[AllForOneA41]

Good point. I'm not going even to join project like that :
1. To many coins mined till now
2. They will say "You can start to mine now" - but difficulty provably already big as Fu&*
3. Others will start to blame You that you want only money ( So they should not mine let us to mine one million block and start )
4. They look for peoples who will buy not miners they don't care about fair start so drop it

To add to my last comment,

The "difficulty" is not akin to a traditional POW network. You can have an edge on other miners by serving a model that provides something more "useful" to the network.
This means you model will ideally reduce another peer(s)' loss function enough for them to rank you higher. This gives you more rewards.
The current "difficulty" relates to the quality of model you can server being higher due to competition, rather than the hardware requirements themselves being larger due
to usual POW difficulty.

I understand some stake-holders may want others to join just to buy their tokens from them. And that's expected. But without an exchange, that's a tough ask. I personally could not care less
if you decided to buy some Tao. I would prefer that you server a model on the network and make the network more useful as this has the real impact on the project. Not the price.

Anyway, as I mentioned, I and many other members of the community would be happy to help anyway and everyone get involved in the network. We want you to serve a model to the network and validate to rank your peers, contributing your model's knowledge, strengthening the network, and bettering the it overall.
And if you feel like this is too difficult, I'm sure someone "greedy" would be happy to sell you some Tao to stake or hold. Otherwise, I'm not sure you would have contributed meaningfully to
the project in the first place.

Do You hear yourself ?? For example You want to tell me that If I join after reading something about your coin and even if You restart chain from 0 I will not mine more than now If I will be first on chain I'm 100% sure that I will gain better than now. Tao don't use diff There is no difficulty in network I'm missing something or I'm blind Make an explorer where I can see first blocks and their time of creation instead of explorer where I see only blocks that are pop up recently Making a post here it's like looking for investors to reward first miners. I'm not saying it is but that is not a FAIR LAUNCH when You post about project after one million mined blocks ( the easiest one) and looking now for more contributors/community/buyers and MINERS ...

[FreeWorldUsers]

So from what You say there is no diff. In my opinion mining at start is always profitable for miners and please don't try to sell me that bulls&^% one million blocks mined it looks like "premine" that is all from my side

So in short, you're mad at the project's community for mining without you, so you immediately jump to attacking the devs?

Why You answer with question on my question there is no diff

[KhepriTaoTeChing]

So from what You say there is no diff. In my opinion mining at start is always profitable for miners and please don't try to sell me that bulls&^% one million blocks mined it looks like "premine" that is all from my side

So in short, you're mad at the project's community for mining without you, so you immediately jump to attacking the devs?

Why You answer with question on my question there is no diff

Because the mining involved in this project is clearly nothing like you think it is and you've resorted to attacking it rather than understanding.

The whole project is based on monetizing your AI work. You don't just hit a button and get a specific amount over a set amount of time. It comes down to knowledge!
If you are an engineer or coder hobbyist, you are able to monetize your work in ways that you would not have been able to in centralized AI. You can catch up if you bring something unique to the network, it's that simple. I don't think you're as late as you think you are. The project has been sitting in a niche pocket of the space since November and only the early innovators in DeAI/DeML have found it so far.

Talk of the project can be found on For.ai (2020), Hackernews (2020), Reddit(2020), Arxiv(2020) and Kaggle (Jan 2021)

People have been in the know for some time. Don't attack people and assume the worst just because you weren't.

[AllForOneA41]

So from what You say there is no diff. In my opinion mining at start is always profitable for miners and please don't try to sell me that bulls&^% one million blocks mined it looks like "premine" that is all from my side

So in short, you're mad at the project's community for mining without you, so you immediately jump to attacking the devs?

Why You answer with question on my question there is no diff

Because the mining involved in this project is clearly nothing like you think it is and you've resorted to attacking it rather than understanding.

The whole project is based on monetizing your AI work. You don't just hit a button and get a specific amount over a set amount of time. It comes down to knowledge!
If you are an engineer or coder hobbyist, you are able to monetize your work in ways that you would not have been able to in centralized AI. You can catch up if you bring something unique to the network, it's that simple. I don't think you're as late as you think you are. The project has been sitting in a niche pocket of the space since November and only the early innovators in DeAI/DeML have found it so far.

Talk of the project can be found on For.ai (2020), Hackernews (2020), Reddit(2020), Arxiv(2020) and Kaggle (Jan 2021)

People have been in the know for some time. Don't attack people and assume the worst just because you weren't.

And You are Why You do not reply to my messages was on on For.ai (2020), Hackernews (2020), Reddit(2020), Arxiv(2020) and Kaggle (Jan 2021) but it does not was here maybe it's a deliberate act to not allow us mining from start fill bags and wait for buyers what a crap idea to post it after one million blocks. Do you think community here is stupid. Restart chain otherwise for me its a SCAM project

[The Nightingale]

And You are Why You do not reply to my messages was on on For.ai (2020), Hackernews (2020), Reddit(2020), Arxiv(2020) and Kaggle (Jan 2021) but it does not was here maybe it's a deliberate act to not allow us mining from start fill bags and wait for buyers what a crap idea to post it after one million blocks. Do you think community here is stupid. Restart chain otherwise for me its a SCAM project

I mean. If you want to call it a scam, by all means just don't participate. Noone is forcing you to. The community will not be restarting the chain as that would be unfair to those early miners who have invested equipment, time, and money into running servers and infrastructure.

Noone owes you a post on this forum. This forum is also not the project's primary demographic, especially not someone like yourself who could not be inconvenienced enough to learn more about the project before speaking. Just because a project isn't marketed to you early on, doesn't make it a scam.

Restarting the chain now would not make it much easier for anyone as all miners are still running there own models and will be ranked the same based on reliability and usefulness to the network.

Also, to reiterate, the number of tao currently minted is less than the number of Bitcoin minted in the first year, even though the project has been running since January, 2021, before the switch, and Nov, 2021 after. You could be just as competitive as basically any other miner, but if you're not willing to invest time in learning the machine learning fundamentals, then just having the hardware doesn't cut it as it would for a POW coin, like you're probably used to.

[AllForOneA41]

And You are Why You do not reply to my messages was on on For.ai (2020), Hackernews (2020), Reddit(2020), Arxiv(2020) and Kaggle (Jan 2021) but it does not was here maybe it's a deliberate act to not allow us mining from start fill bags and wait for buyers what a crap idea to post it after one million blocks. Do you think community here is stupid. Restart chain otherwise for me its a SCAM project

I mean. If you want to call it a scam, by all means just don't participate. Noone is forcing you to. The community will not be restarting the chain as that would be unfair to those early miners who have invested equipment, time, and money into running servers and infrastructure.

Noone owes you a post on this forum. This forum is also not the project's primary demographic, especially not someone like yourself who could not be inconvenienced enough to learn more about the project before speaking. Just because a project isn't marketed to you early on, doesn't make it a scam.

Restarting the chain now would not make it much easier for anyone as all miners are still running there own models and will be ranked the same based on reliability and usefulness to the network.

Also, to reiterate, the number of tao currently minted is less than the number of Bitcoin minted in the first year, even though the project has been running since January, 2021, before the switch, and Nov, 2021 after. You could be just as competitive as basically any other miner, but if you're not willing to invest time in learning the machine learning fundamentals, then just having the hardware doesn't cut it as it would for a POW coin, like you're probably used to.

Let me explain something. I read the basics about project and in my opinion it is really good, fresh and something new. Now, when you was looking for more community You should inform us here about launch of main net not after one million mined blocks. That is first, second some time passed after launch and be honest as I'm not going to join at current stage. Do you trade already ? What price you trade ? 1 $ More If more and there are a plenty investors will be here who will buy it if you don't inform here about main net start no one. Maybe we will not mine them easier and maybe that is true but at 100% we will have mined more than starting now so please don't tell things like "especially not someone like yourself who could not be inconvenienced enough to learn more about the project before speaking" as I read about project and is ok but if you are looking for big audience here forget it. Restart chain allow all to start at same point and we will talk. Just tell me the price at what you trade now if you are

[MiningElements]

And You are Why You do not reply to my messages was on on For.ai (2020), Hackernews (2020), Reddit(2020), Arxiv(2020) and Kaggle (Jan 2021) but it does not was here maybe it's a deliberate act to not allow us mining from start fill bags and wait for buyers what a crap idea to post it after one million blocks. Do you think community here is stupid. Restart chain otherwise for me its a SCAM project

I mean. If you want to call it a scam, by all means just don't participate. Noone is forcing you to. The community will not be restarting the chain as that would be unfair to those early miners who have invested equipment, time, and money into running servers and infrastructure.

Noone owes you a post on this forum. This forum is also not the project's primary demographic, especially not someone like yourself who could not be inconvenienced enough to learn more about the project before speaking. Just because a project isn't marketed to you early on, doesn't make it a scam.

Restarting the chain now would not make it much easier for anyone as all miners are still running there own models and will be ranked the same based on reliability and usefulness to the network.

Also, to reiterate, the number of tao currently minted is less than the number of Bitcoin minted in the first year, even though the project has been running since January, 2021, before the switch, and Nov, 2021 after. You could be just as competitive as basically any other miner, but if you're not willing to invest time in learning the machine learning fundamentals, then just having the hardware doesn't cut it as it would for a POW coin, like you're probably used to.

Let me explain something. I read the basics about project and in my opinion it is really good, fresh and something new. Now, when you was looking for more community You should inform us here about launch of main net not after one million mined blocks. That is first, second some time passed after launch and be honest as I'm not going to join at current stage. Do you trade already ? What price you trade ? 1 $ More If more and there are a plenty investors will be here who will buy it if you don't inform here about main net start no one. Maybe we will not mine them easier and maybe that is true but at 100% we will have mined more than starting now so please don't tell things like "especially not someone like yourself who could not be inconvenienced enough to learn more about the project before speaking" as I read about project and is ok but if you are looking for big audience here forget it. Restart chain allow all to start at same point and we will talk. Just tell me the price at what you trade now if you are

$30 per token OTC

Prominent crypto venture capitalists have their eyes on this project.

Don't be angry you didn't know.

Be happy you've found it.

[AllForOneA41]

And You are Why You do not reply to my messages was on on For.ai (2020), Hackernews (2020), Reddit(2020), Arxiv(2020) and Kaggle (Jan 2021) but it does not was here maybe it's a deliberate act to not allow us mining from start fill bags and wait for buyers what a crap idea to post it after one million blocks. Do you think community here is stupid. Restart chain otherwise for me its a SCAM project

I mean. If you want to call it a scam, by all means just don't participate. Noone is forcing you to. The community will not be restarting the chain as that would be unfair to those early miners who have invested equipment, time, and money into running servers and infrastructure.

Noone owes you a post on this forum. This forum is also not the project's primary demographic, especially not someone like yourself who could not be inconvenienced enough to learn more about the project before speaking. Just because a project isn't marketed to you early on, doesn't make it a scam.

Restarting the chain now would not make it much easier for anyone as all miners are still running there own models and will be ranked the same based on reliability and usefulness to the network.

Also, to reiterate, the number of tao currently minted is less than the number of Bitcoin minted in the first year, even though the project has been running since January, 2021, before the switch, and Nov, 2021 after. You could be just as competitive as basically any other miner, but if you're not willing to invest time in learning the machine learning fundamentals, then just having the hardware doesn't cut it as it would for a POW coin, like you're probably used to.

Let me explain something. I read the basics about project and in my opinion it is really good, fresh and something new. Now, when you was looking for more community You should inform us here about launch of main net not after one million mined blocks. That is first, second some time passed after launch and be honest as I'm not going to join at current stage. Do you trade already ? What price you trade ? 1 $ More If more and there are a plenty investors will be here who will buy it if you don't inform here about main net start no one. Maybe we will not mine them easier and maybe that is true but at 100% we will have mined more than starting now so please don't tell things like "especially not someone like yourself who could not be inconvenienced enough to learn more about the project before speaking" as I read about project and is ok but if you are looking for big audience here forget it. Restart chain allow all to start at same point and we will talk. Just tell me the price at what you trade now if you are

$30 per token OTC

Prominent crypto venture capitalists have their eyes on this project.

Don't be angry you didn't know.

Be happy you've found it.

Yeah right you don't have to be angry as you mined from start. When blocks was easier and less competition. Now forget that we will join to mine i read about your mining system where you need to be registered and if you don't have enough stake you get deregistered and can't mine more. In my opinion best is validator where you need to have stake so if early miners mine coins at start with less competition and low diff they can hold on chain. New miners need to buy coins to be able to stay on chain at 30$ now tell me more pure rug pull.

[bartbrax99]

How can I find more in-depth info on Bittensor to mine, develop intelligence, and access intelligence?