@SiamKidd@const_reborn Man, people is hating and also loving subnets daily in their comments on X... Fact is that there was OTF members connection to tenex which was really good green signal.. we can compare red and green signals between both mentioned subnets..
@const_reborn Who is the autority and can say if miners do "something" or do "nothing" ?
Only sn owner can say if his miners work properly for him or not. Miners do what sn need. They are living only for sn, that is their purpose. Sn need them and they need sn, that is the bittensor network.
If we as MINERS was liquidate in subnet sn67 which was audited project with OTF multisig wallet, why some other validators & miners should be safe for users which are staking their TAO / alpha there. @Pop_Collapse@Achaps14@futileturtle@ScimpanzeS@dhl140295@tung6192
@EdwardMcDonne12@Pop_Collapse Of course there was research. I personally had also hippius miner and precog sn miner in the past. But you know, once sn is sharing that they have proof from auditor company and also multisig with OTF member, there is not to much red flegs for non technical users to start mining
@EdwardMcDonne12@Pop_Collapse@const_reborn@opentensor Sure, that is truth, scamers are everywhere. This is one of te reason why we start as miners because it should bw much safer then basic stakers or just buying alpha..
@EdwardMcDonne12@Pop_Collapse@const_reborn@opentensor I have chcecked and delete few posts which was really irelevant and definitly have nothing with me today.
I am using X mostly for checking and searching, not really person who is creating content.
@Pop_Collapse@const_reborn@opentensor can you imagine what will happend once there will be liqidated even one miner which is supporting BTC network because some scammer...
@EdwardMcDonne12@Pop_Collapse tomorrow snXY miners can be affected, and then will start calling for security. This is not the approach how bittensor should work.. wait for incident and then be silent without reacting. Maybe just a wrong sn or too small miners were liquidated.. @const_reborn@opentensor
@EdwardMcDonne12@Pop_Collapse Miners, validators are the basic pillars of the bittensor network and without them the network cannot work properly. These 3 entities must have a certain level of security which failed completely in sn67.
The fallout from Bittensor $TAO subnet 67 has been deeply disappointing. Not just because of the extreme financial losses, but because of the silence that followed.
For many participants like myself, subnet 67 was not a casual experiment - it represented my chance to be apart of the actual permissionless ecosystem as a miner. When the subnet collapsed in a rug pull, the absence of any meaningful communication from the creator (@const_reborn) has been....confusing. Even a post-mortem, explanation, or acknowledgment would have gone a long way toward restoring some measure of trust or closure - at least for those impacted.
Equally frustrating has been the lack of visible response from the @opentensor Opentensor Foundation. While it’s understood that OTF is not an enforcement body and does not control subnets, its role as a steward of the ecosystem carries an expectation of leadership during moments like this. Silence during a high-profile failure risks being interpreted as indifference, even if that is not the intent.
Permissionless systems necessarily involve risk, and no one expects guarantees. But transparency, communication, and accountability - especially after significant harm - are essential for the long-term credibility of the network, IMO. Without them, participants are left to fill the gaps with speculation, which ultimately damages trust more than the loss itself.
If Bittensor $TAO is to continue attracting serious builders and long-term capital, moments like this cannot simply pass without acknowledgment. The community deserves clearer norms around communication, post-incident analysis, and expectations for subnet operators.....particularly when things go wrong.
There is a small trusted group of us working tirelessly to gather any and all evidence related to this incident. The amount this small group has been able to uncover so far is astounding. I can barely hold a candle to these guys in regards to their technical expertise. I'm grateful for them - because without them, I'd be all on my own.
The Bittensor Tenex (SN67) disaster—15,000+ $TAO stolen (> $4M USD).
It's not just numbers; real people had their savings devastated.
Folks poured blood, sweat, and conviction into earning that TAO, only to feel abandoned after the hack.
The silence from @opentensor and @const_reborn is a little disheartening. No postmortem, no explanation on the exploit, no steps to prevent future rugs. How can we trust and build without core team guidance?
The community's rallying, but we need accountability and would appreciate some insight from the team at large.
https://t.co/QeD5sCbTD4 #Bittensor
@Pop_Collapse Mate, me as well... I am a miles in front of you regarding knowledge of krypto ( just based what you writing here) but i was also a LP miner in sn67 and i see some risk behind but believe that inside bittensor ecosystem is there some things to keep subnet wallet protect..