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Bittensor's Huge Upgrade

dTAO is here, and it's set to be a game changer for the Bittensor ecosystem.

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Yesterday, the crypto-powered, open-source AI network Bittensor launched its long-awaited dTAO upgrade, its most pivotal economic overhaul to date. Let's catch you up on why this matters and what to expect going forward.

dTAO, or dynamic TAO, marks a major change in Bittensor’s tokenomics by giving each of the network's specialized subnets its own token, paired with TAO in a dedicated liquidity pool.

Instead of subnets competing for a shared TAO reward and relying on a single group of validators to rank them, each subnet’s value now rises or falls based on genuine demand via the users, stakers, and validators who adopt it.

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In The Article
Bittensor Bittensor
David C

Written by David C

369 Articles • View all      

David is a writer/analyst at Bankless. Prior to joining Bankless, he worked for a series of early-stage crypto startups and on grants from the Ethereum, Solana, and Urbit Foundations. He graduated from Skidmore College in New York. He currently lives in the Midwest and enjoys NFTs, but no longer participates in them.

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