Starting from 12:00 UTC on April 11, we officially list Bittensor (TAO) on the ONUS application. Soon after TAO is added, users can perform the following features:
- Off-chain transactions: Send and receive TAO with other users in the ONUS network.
- Trade: Swap from VNDC or USDT to TAO and vice versa.
Trade Bittensor (TAO) on ONUS:
- Track TAO/USD price today
- Track TAO/VND price today
- How to buy Bittensor (TAO)
- Research about Bittensor (TAO)
About Bittensor
Bittensor is a P2P machine learning protocol that incentivizes participants to train and operate machine learning models in a distributed manner. Bittensor is a decentralized network that’s designed to connect machine learning models, rather than computers or servers.
Bittensor uses a unique blockchain architecture designed to facilitate a decentralized machine learning protocol. Bittensor employs a Proof of Stake (PoS) consensus mechanism, which is different from the Proof of Work (PoW) mechanism used by networks like Bitcoin. In PoS, validators are chosen to create new blocks and confirm transactions based on the number of tokens they hold and are willing to “stake” as collateral.
What is TAO?
TAO is a native coin of the Bittensor ecosystem, operating on Bittensor, and can be used to:
- Incentivize various participants in the Bittensor network.
- To participate in the network as a miner and earn rewards, participants must stake TAO tokens.
- TAO holders may have the ability to propose changes, vote on protocol upgrades, or participate in other decision-making processes that affect the network.
- Users who need machine learning services provided by the Bittensor network may need to pay for these services using TAO tokens.
Specifications
- Name: Bittensor
- Symbol: TAO
- Platform: Bittensor
- Type: Utility, Governance
- Total Supply: 21,000,000 TAO
