Bittensor Review: Can Its Web3 AI Network Challenge Big Tech?

- Bittensor: A Decentralized AI Network Combining AI and Blockchain - A New Paradigm for Trading AI Models [Unblock Media] Bittensor is a decentralized AI network that combines artificial intelligence and blockchain, allowing for the sharing and rewarding of AI models. Traditional AI systems store data on central servers, with a few large corporations monopolizing the technology. However, Bittensor supports the sharing and learning of AI models on a distributed network, enabling everyone to contribute to the AI ecosystem and receive rewards in return. Unlike traditional centralized AI services, Bittensor evaluates the contributions of AI models based on blockchain technology and automatically distributes rewards accordingly. This allows AI developers and users to utilize AI models in a more fair and efficient manner. Bittensor provides a marketplace where AI models can be traded like digital assets. This process is automated through blockchain-based smart contracts, ensuring fair transactions by evaluating the quality and performance of AI models. AI developers can upload their AI models to the Bittensor network. Businesses or individual users can search for, purchase, or rent these models by paying a usage fee. All transactions are automated and transparently recorded via smart contracts. As a result, developers can generate direct income by providing AI models, and consumers can access high-quality AI models without relying on central platforms. This decentralized approach allows AI technology to be used more democratically. One of Bittensor's core features is the Yuma Consensus. It evaluates the contribution of AI models to the network and assigns rewards accordingly. Yuma Consensus assesses the contributions of validators and miners every 12 seconds. Validators evaluate the quality of AI models, while miners earn more rewards by providing optimal models. Based on these evaluations, TAO tokens are automatically distributed. For example, in a subnet performing image classification tasks, validators compare the accuracy of various models and reward the superior ones. This ensures that excellent AI models continually improve, maintaining the quality of the network. Bittensor's blockchain system, Subtensor, records all activity related to AI models in the network and determines the rewards. Subtensor automates the distribution of rewards based on verified data, ensuring that highly contributive AI models receive more rewards and establishing a fair evaluation system within the network. Utilizing blockchain technology ensures that data is transparently recorded and tamper-proof. It objectively evaluates the performance and contribution of AI models, fostering a trustworthy AI ecosystem. Bittensor goes beyond a simple AI platform by offering a new paradigm that integrates AI and blockchain. It creates an ecosystem where AI researchers and developers can independently develop and receive rewards for AI models without depending on large corporations. Furthermore, by leveraging blockchain technology, it prevents data manipulation and establishes a fair evaluation system. It advances by overcoming the limitations of the centralized AI market and increasing the accessibility of AI technology. By combining these innovative elements, Bittensor is forming a decentralized AI ecosystem, contributing to overcoming the limitations of the traditional AI industry. With further advancements in the combination of AI and blockchain, Bittensor is poised to become a key element in the AI market.