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Information about Bittensor (TAO)
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.
TAO is a native coin of the Bittensor ecosystem, operating on Bittensor, and can be used to:
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