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TAO Times #1: dTAO Hits Testnet

TAO on Ledger, stTAO rewards program, & Grayscale livestream

TAO Times #1 

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Welcome to the first edition of the TAO Times, where we share weekly updates on all of the most important events occurring within the Bittensor ecosystem!

For validators, subnet owners, miners, token holders, & community members.

Here is what happened during the week of August 18th - August 24th ↘️

Ecosystem

  • dTAO is now live on the RAONET testnet.

  • Ledger hardware wallets now support TAO.

  • Tensorplex launched its bridge and a stTAO rewards program.

  • Fish from Datura, the fifth largest validator (~$160 million), will now re-allocate weights based on the stake-weighted average weights of all voters. This effort was assisted by the TAO Miner’s Union.

  • Sami Kassab's Bittensor presentation at the DePIN Summit is now available for viewing.

  • Ventura dropped its first podcast with Mog Machine. The podcast hit on an array of TAO-related discussion points.

  • The 2nd Bittensor Asia community meetup will be sponsored by 0xai and will be held in Singapore on Sep 19.

Subnets

SN1 (Macrocosmos): Extensively refactored their codebase. The changes will be officially pushed on August, 27th.

SN2 (Inference Labs): Upgraded to replace EZKL with the more efficient Circom proof system for generating proofs of weights, resulting in smaller proof sizes and significantly faster proof times.

SN3 (My Shell): Released an update on AIpp Store, showcasing that it has attracted over 140 AI apps.

SN4 (Manifold): Implemented major updates on August 19, including splitting Targon Hub and Stats, introducing the Epistula interface, and releasing new APIs for miners.

SN6 (Play Infinite Games): The OTF will be increasing weights to this subnet in light of increased development of the synthetic events dataset.

SN8 (Taoshi): Implemented updates to its scoring system, including positional scoring, a 90-day lookback window, drawdown softening, consistency penalties, and a revised challenge period.

SN9 (Macrocosmos): Is launching a 14B model competition on Sep 3rd with specific parameters, gradually reallocating rewards from the 7B competition.

SN10 (Sturdy Finance): Implemented its latest release which adds support for the DAI savings rate token and Compound Finance's V3 pool model. They also updated their dashboard that adds several new features.

SN11 (Dippy AI): Made several updates including support for Llama3.1 models, measures against model copying, and dependency updates.

SN13 (Macrocosmos): Is seeking community input via a form to identify new data sources that could enhance the subnet's capabilities.

SN16 (BitAds): Announced it is launching on Mainnet soon and will drop more resources and explainers.

SN17 (404 Gen): Launched alpha testing for their Text-to-3D Generator "404—GEN Bot" on Discord .

SN19 (Corcel): Demonstrated that its miners are producing results (in this case, tokens per second) that rival its centralized AI counterparts.

SN21/SN24 (Omega Labs): Has developed an open-source multimodal model using SN24 data that outperforms Qwen-VL (7B) on image understanding benchmarks and can process image, audio, and video inputs.

SN25 (Macrocosmos): Is transitioning from GROMACS to OpenMM for molecular biology simulations.

SN28 (Foundry): Released a testnet version of their new incentive mechanism, featuring ranked miner performance, more frequent predictions, and a longer evaluation window. The mechanism will be merged to Mainnet on Monday.

SN29 (Coldint): celebrated its first month with the release of v1.0.1, introducing sliced model evaluation, performance improvements, and expanded features, while also receiving increased weight allocation from OTF.

SN30 (Bettensor): Is introducing a new incentive mechanism that rewards consistent long-term performance.

SN35 (AIT Protocol): Now allows miners to choose from a range of supported models, optimizing performance based on their setup and specific task requirements.

SN38 (Tatsu): A decentralized AI project focused on digital identity solutions, has successfully launched on the Mainnet.

SN41 (SportsTensor): Has launched a new comprehensive dashboard, and is working on a revised incentive mechanism.

SN44 (ScorePredict): Implemented a new reward function emphasizing accuracy and consistency, and added a 'competition' field to allow miners to specialize in specific soccer leagues.

Pushin’ τ

Const Reborn TAO-pilled ~16.4k viewers on a Grayscale stream. You can watch the recording here:

That is all for this week folks! Make sure to subscribe to receive next week’s update. 🤝

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Disclaimer: This newsletter is provided for educational and informational purposes only and is not intended as legal, financial, or investment advice. The content is not to be construed as a recommendation to buy or sell any assets or to make any financial decisions. The reader should always conduct their own due diligence and consult with professional advisors for legal and financial advice specific to their situation.