Bittensor (TAO)

Bittensor (TAO)

Coin Information

Blockchain icon Blockchain: Bittensor
Ticker icon Ticker: TAO
Type icon Type: Cryptocurrency
Proof type icon Proof type: Proof of Work (PoW)

Price Statistics

Market Cap

Fully Diluted Valuation

$8 844 143 463

Coin Supply

Circ icon Circ.: 6 317 032(30%)Question Mark Icon
Total icon Total: 21 000 000
Max icon Max: 21 000 000

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Bittensor Price Chart

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About Bittensor

“Bittensor is an open-source protocol that operates a decentralized, blockchain-based machine-learning network. The protocol facilitates collaborative training of machine learning models and rewards them in TAO, which is the native currency of the Bittensor network. TAO also grants external access, allowing users to extract information from the network while customizing its activities to their needs. Bittensor aims to create a pure market for artificial intelligence, enabling consumers and producers of this valuable commodity to interact in a trustless, open, and transparent context.

Bittensor provides a novel, optimized strategy for developing and distributing artificial intelligence technology by leveraging the potential of a distributed ledger. The protocol enables open access/ownership, decentralized governance, and the ability to harness globally distributed computing power resources and innovation within an incentivized framework. Bittensor distributes rewards and network ownership to users in direct proportion to their added value. Moreover, Bittensor’s open-source repository of machine intelligence is accessible to anyone, anywhere, thus creating the conditions for open and permission-less innovation on a global internet scale.

Bittensor’s native currency, TAO, has a fair launch, with no tokens pre-mined. Currently, every 12 seconds (one blockstep), a single TAO emits into the network. The supply of TAO is 21,000,000, and there is a halving cycle such that for every 10.5 million blocks, rewards per block halve. There will be 64 halving events, with the first occurring in August 2025. The current supply and block number can be viewed on the Bittensor network.”

Frequently Asked Questions

The current price of Bittensor TAO is 418.503 USD.
The circulating supply of Bittensor is 6317032.
The total supply of Bittensor is 21000000.
The max supply of Bittensor is 21000000.
Bittensor is a decentralized coin.
Bittensor is a cryptocurrency running on its own blockchain.
Bittensor reached an all-time-high of 769.133 USD on 11 Apr 2024.

Github Statistics (Development)

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TAO Markets on Crypto Exchanges

RankExchangePairVolume (24h)PriceVolume (24h)PriceVolume (24h)PriceVolume (%)Updated
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