The largest subnet of Bittensor, Templar, has withdrawn from the Bittensor ecosystem with negative price reaction in the price of Bittensor. This negative price action in Bittensor will impact xTAO Inc (XTAIF*) as they are the largest public company owner of Bittensor (TAO*).
Is this a longer term threat to Bittensor (TAO*) and xTAO Inc (XTAIF*)?
In the market we deal with probabilities. There are always unknowable’s.
My answer is that it is probable that TAO will survive this, possibly become stronger because of this development.
The accusation by Templar is that Bittensor isn’t really decentralized and is controlled by three people that oversee the Bittensor ecosystem.
Since we are working with probabilities I wanted to hear from organizations that have greater insight into Bittensor Continue reading
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