Crypto’s other halving: Bittensor’s first 4-year cycle seen as ‘maturation’ milestone

Bittensor, a decentralized, open-source machine-learning network, is set to undergo its first token issuance halving around December 14, reducing the daily issuance of its native token, TAO, from 7,200 to 3,600. Grayscale Research analyst William Ogden Moore views this event as a crucial milestone in the network's maturation as it moves toward a fixed supply cap of 21 million tokens, similar to Bitcoin. This hard-capped supply model is often seen as a potential value catalyst amid growing demand for decentralized AI infrastructure. Bittensor operates through specialized "subnets," described as a "Y Combinator for decentralized AI networks," where each functions like a startup building specialized AI products. The ecosystem shows significant growth, with over 100 subnets listed by CoinGecko and nearly 130 tracked by Taostats, underscoring increasing demand for decentralized AI infrastructure, which some experts believe could be blockchain's most significant use case.

(Source：Cointelegraph)