CryptoCurrencies
19217
Exchanges
500
Total Market Cap
4,159,087,936,538
Volume 24h
467,647,078,799
Dominance
BTC 54.37%   ETH 12.01%   USDT 4.35%   BNB 4.08%

Bittensor
TAO

451.00
$
1.00 %
Change 24h
Market Cap
$ 4,333,840,297
Volume 24h
$ 940,701,002
Circulating Supply
9,597,491
Total Supply
3,432,520
TAO
$
# Exchange Pair Price Volume 24h

Description

Bittensor is an open-source protocol that powers a decentralized, blockchain-based machine learning network. Machine learning models train collaboratively and are rewarded in TAO according to the informational value they offer the collective. TAO also grants external access, allowing users to extract information from the network while tuning its activities to their needs. Ultimately, BitTensors vision is to create a pure market for artificial intelligence, an incentivized arena in which consumers and producers of this valuable commodity can interact in a trustless, open and transparent context. Bittensor enables: -A novel, optimized strategy for the development and distribution of artificial intelligence technology by leveraging the possibilities of a distributed ledger. Specifically, its facilitation of open access/ownership, decentralized governance, and the ability to harness globally-distributed resources of computing power and innovation within an incentivized framework. -An open-source repository of machine intelligence, accessible to anyone, anywhere, thus creating the conditions for open and permission-less innovation on a global internet scale. -Distribution of rewards and network ownership to users in direct proportion to the value they have added.