Deep Dive
1. Purpose and subnets
Bittensor aims to let independent contributors offer digital services without relying on one central provider. Its subnets are separate incentive markets, each focused on a particular task or output. (Bittensor)
2. How contributions are assessed
Within a subnet, miners provide the service or output, and validators evaluate its quality. The network uses those assessments to help determine how rewards are distributed. This design encourages competition, but the quality of results depends on each subnet’s task and evaluation methods. (Bittensor docs)
3. TAO’s role
TAO is the shared economic token of the network. It rewards participants and can be staked to support validator participation. Bittensor’s token supply is capped at 21 million TAO. (CoinMarketCap’s Bittensor explainer)
Conclusion
Bittensor is a blockchain based network of specialized digital service markets, with TAO providing a common reward and staking asset. Can its subnet model reliably reward services that users find valuable?
