$TAO fam, Root Reborn is a big deal, and Const put out his response to Yuma's critique. He didn't dodge any of it. He went point by point. You need to see this.
Because a few of the scariest objections people had? He says they're just wrong on the code.
The custody honeypot, that single coldkey everyone was worried about:
Const calls it a flat-out error. The escrow isn't an account like yours or mine. It's a placeholder owned by the chain itself. It can't be stolen, can't be drained, and can't act like a honeypot.
It's just smart bookkeeping, not a wallet. If that's true, the scariest concern on the list is basically gone.
The bank run with no circuit breaker:
His answer is simple. Claims are just an unstake across the basket. Do alpha holders cause bank runs today when they claim their yield? No.
We don't need a circuit breaker now, and building on top of the same system doesn't suddenly create the need for one.
The chain choking at scale:
This is the one that hits the hardest. Const says Vune and Greg already solved this last year. The lazy accounting system distributes to every staker in a single operation.
His words: the critique simply doesn't know the chain code. That's not spin. That's a builder telling you you're describing a problem they already engineered around.
The LIBOR comparison:
He even flips it. LIBOR was opaque, non-competitive, and the people setting rates had zero skin in the game. Validators are the opposite. Transparent, competitive, and bad calls cost them directly. So LIBOR isn't a reason against this. It's a reason for it.
The insider dealing fear from 2024:
This is the part I want you to actually think about.
We're not in 2024 anymore. Back then, validators risked nothing and directed 100% of $TAO inflation at zero cost. Now, there's a live market judging them.
A validator trying to pump a subnet they secretly hold would have to keep buying it themselves. And the second they do, the stakers they just enriched can sell into that strength by unstaking. The attack pays for itself until it collapses. It's self limiting.
Then Const keeps it real:
His read on who's really pushing back: the real risk here isn't regulatory or technical. It's competition. Young smart teams coming into the root network with better staking products and threatening the big incumbents who've had a comfortable seat for a while.
That changes how I look at the whole thing.
So where does this leave us.
Striker's quality point still stands on its own. That's philosophy, not code, and Const didn't argue against it. Demand comes from quality. Fair.
But Yuma's structural fears? Const just argued that most of them fall apart once you understand how the chain actually works. If he's right about the accounting and the chain owned escrow, the No Brakes argument mostly loses its weight.
The honest tension now:
Const isn't asking you to trust him. He's telling you to read the code.
I came in cautious on the structural stuff. This response moved me. Not all the way. Striker's quality point is still fair, and Yuma asking for a real process and a roadmap is still fair, and a founder defending his own proposal is still an interested party.
But the honeypot, the bank run, the scaling fear? If the code does what he says, those were never really there.
And this is the part I keep thinking about.
This is a network defending its own economics in public, actually looks like. With founder on stage. Critics piling it on. And he answers with actual code instead of a spin.
Normal companies change their economics behind doors, meetings, etc...and they tell you after it's done. Bittensor does it out in the open and lets its toughest critics take a shot, and we get some answers.
A fixed protocol rule is centralized, but predictable. A market is decentralized, but only if competition is real.
Root Reborn is a bet that markets decentralize better than hardcoded rules do. I like that bet. But we better get it right.
$TAO
Const dropped another piece on $TAO's Root Reborn and this one is the actual thesis. Worth your time.
$TAO is not Solana, not Ethereum.
Most crypto is a bet that fees and usage someday justify the price. $TAO is different. It mints a return by owning a piece of 128 competing companies that turn mining into real revenue. Not narrative. A productive asset.
The problem:
Today the network takes the alpha those subnets pay it and just sells it. Mechanically. Block by block. He calls it yield with no intelligence, burning early ownership in good projects and pushing their price discovery the wrong way. Down.
His numbers, and he showed them: 3,600 $TAO goes out, 1,000 comes back. And he openly notes 65% of the rest is locked in pools or returned on deregistration, not raw sell pressure. Him showing the real math instead of hiding it is the part I respect.
Then this got me.
Root is subnet 0. $TAO's own network. And right now it's basically a dead subnet. Powerful, but doing nothing since dTAO. Root Reborn turns it on. Validators compete to reinvest yield instead of dumping it, and root becomes a layer optimizing the whole subnet economy.
Normal subnets optimize miners. Root optimizes subnets.
You win on both.
Then price: yield stops being realized every block. It sits until you claim. He says that could cut up to 33% of root sell pressure from immediate taxes per year. The point is that it is directionally real.
My take.
Forget the good vs bad for a second. It's a clear case made for why $TAO is its own asset class. A token that owns running companies and mints a return, instead of praying that some usage adoption shows up later.
The honesty check is still the same. The market has to actually police the validators. But the idea underneath is the strongest I've seen.
This is the first. I'll be reading every one.
$TAO
Root staking has been dumping ~1,000 $TAO per day onto the market. That's $276K of daily sell pressure. About $100M per year of protocol revenue, auto-sold.
Root Reborn ends that.
Instead of converting yield to $TAO and selling, validators redistribute it into subnet tokens.
Const said: "𝑻𝑨𝑶 𝒔𝒉𝒐𝒖𝒍𝒅 𝒃𝒆 𝒂 𝒃𝒂𝒏𝒌 𝒐𝒇 𝒂𝒔𝒔𝒆𝒕𝒔, 𝒏𝒐𝒕 𝒂 𝒕𝒐𝒌𝒆𝒏 𝒕𝒉𝒂𝒕 𝒂𝒖𝒕𝒐-𝒔𝒆𝒍𝒍𝒔 𝒆𝒗𝒆𝒓𝒚𝒕𝒉𝒊𝒏𝒈 𝒊𝒕 𝒎𝒂𝒌𝒆𝒔."
The full breakdown 👇
.@manakoai is a strong example of what Bittensor subnets can build when they turn miner intelligence into a real product
A clean, usable vision AI agent built by @webuildscore
Centralized AI companies like @AnthropicAI are more vulnerable to government intervention.
Decentralized AI technology like $TAO @opentensor offers an alternative.
Bittensor provides open source, permissionless access to AI through a decentralized global network. Following the suspension of Anthropic's AI model, $TAO rallied sharply, climbing 30% in just 12 hours.
Read more on this from @LowBeta on the Stack:
https://t.co/oNgIXuMNIy
We spent last week in Washington, DC with @DCGco and lawmakers, discussing Bittensor and decentralized AI innovation and policymaking. Yuma VP of Legal @adamsternbach shared his reflections:
Bittensor Ecosystem Highlights :: June 8–14, 2026
SUBNET ACHIEVEMENTS
[ @chutes_ai - SN64 ]
@jon_durbin shared a draft of the Parallax tech report, outlining a MoE training method to reduce per-participant VRAM and FLOPs.
> https://t.co/KJzo9YGfcB
Chutes also became a launch partner for Respan’s new AI Gateway.
> https://t.co/pBhdJWkKYj
[ @QuasarModels - SN24 ]
Quasar released Quasar-Preview, its first public Quasar model trained on Bittensor: 18B MoE, 2B active and 5M context.
> https://t.co/ThEA0gpgzg
Quasar is preparing a 10T-token decentralized training run on SN24, starting with a 5T-token phase to produce a stronger checkpoint.
> https://t.co/vXiQdA7fHK
[ @oroagents - SN15 ]
ORO shared its arXiv pre-print, code, data and post-training pipeline for building shopping agents from SN15’s open agentic shopping traces.
> https://t.co/rICbXX6vj4
[ @webuildscore - SN44 ]
Score showed how its 19MB vision model beat larger AI models on object detection while running much faster on CPU.
> https://t.co/kfAJ78OmR8
They also added new comparison pages on @manakoai against ChatGPT, Claude, Roboflow, SAM 3 and other vision AI tools.
> https://t.co/D5ARXilc8j
[ @vidaio_ - SN85 ]
Score is partnering with Vidaio to bring vision AI challenges to SN44 and make video archives searchable and actionable.
> https://t.co/bRHvHIhw8R
[ @yanez__ai - SN54 ]
Yanez partnered with Nexartis, an identity and trust infrastructure company, to help verify human, AI model and agent activity across digital transactions.
> https://t.co/RjqUsoyDUW
They also shared in their latest AMA that Yanez has generated $300K+ in 2026 sales, with an active pipeline over $1M and 11 clients.
> https://t.co/yHaFxPX5Oy
[ @trishoolai - SN23 ]
Trishool was accepted into Anthropic’s Claude Partner Network.
> https://t.co/zE5DKPNhYM
[ @affine_io - SN120 ]
AFFINE-XXIX beat the Qwen3-32B baseline on SWE-Rebench, SWE-Multi, HumanEval and MCP-Agent benchmarks, while staying close on BBH.
> https://t.co/LSLFP1fuqU
[ @VantaTrading - SN8 ]
Vanta Trading crossed 2000 users after launching free $1k eval accounts and cutting prices by 55% across all challenges.
> https://t.co/O0Eqp3ekvY
[ @SwarmSubnet - SN124 ]
Swarm announced SOTApilot, an open-source AI drone autonomy model with 95.34% success on its UAV navigation benchmark.
> https://t.co/UnC4cGPsS0
[ @blockmachine_io - SN19 ]
Blockmachine launched Ethereum RPC.
> https://t.co/XyTFyf8pBf
[ @TrajectoryRL - SN11 ]
TrajectoryRL is expanding SN11’s skill competition from skill packs to miner-submitted finetuned models.
> https://t.co/cLxI0uKmy0
[ @heydittoai - SN118 ]
Ditto reached 1000 users.
> https://t.co/sLdkXHXdSZ
[ @theminos_ai - SN107 ]
Minos has run over 37,000 variant-calling evaluations on chromosome 21, with submissions improving by 10.21% on average.
> https://t.co/pqGUSFfxXQ
[ @minotaursubnet - SN112 ]
Minotaur launched its website and opened beta access to its DEX Aggregator.
> https://t.co/YO8qfkEuNH
[ @ReadyAI_ - SN33 ]
ReadyAI launched a revenue dashboard showing real-time demand for SN33’s structured data pipeline.
> https://t.co/6DB9XqVWdE
[ @say_gm_ - SN28 ]
Good Morning published the roadmap for its AI gateway running in a TEE, now live on testnet with mainnet beta next.
> https://t.co/AqePX5wEAA
[ @EndureNet - SN30 ]
Endure is integrating @SynthdataCo's forecasts into its DeFi risk engines.
> https://t.co/1xU2bpDdpF
[ @eirel_ai - SN36 ]
Eirel released its first product, offering deep research, image generation, web search and agent tools across multiple model families.
> https://t.co/XvD7V1uzIq
[ @adtao_ppcrebel - SN21 ]
@dsvfund took an OTC position in the SN21 alpha token.
> https://t.co/FwRoiRTOuA
SUBNET LAUNCH
[ @DeSciClaims - SN111 ]
Claims is launching as SN111 to build a claim-evidence graph that turns scientific literature into machine-readable data for AI reasoning.
> https://t.co/bTJIiR7JlE
PODCASTS & ARTICLES
@opentensor Novelty Search hosted by @const_reborn with @zipcodenetwork
> https://t.co/ueU7v8gnpy
@TAO_dot_com Episode 14 with @Carrot_____1 and @KeithSingery
> https://t.co/aFN9si9eU4
@gordonfrayne podcast with @josercaldera from Yanez
> https://t.co/6pXNdSHPkV
@gordonfrayne podcast with @knakamor from Vocence
> https://t.co/FKBYJ69YWv
@AltcoinMillie podcast with @MaxScore from Score
> https://t.co/fw2EymKeLO
@AltcoinMillie podcast with @zeussubnet
> https://t.co/j54g9qxzwa
@TAO_dot_com article “The Impact of Conviction”
> https://t.co/E3gjm7ZuG4
There’s only one ecosystem that’s spent the last 3 years working on building the entire stack required to produce intelligence with no reliance on centralized companies
Bittensor has been preparing to go to war for a while now
Access to intelligence should not depend on a handful of companies or governments.
This is why open, decentralized, permissionless AI matters.
This is why Bittensor matters.
BREAKING: Pakistan's Prime Minister Shehbaz Sharif says the US and Iran are "closer to a peace deal than ever" with finalization of the deal expected in the next 24 hours.
Pakistan is now preparing for the electronic signing of the peace deal, followed by technical level talks next week.
"We are confident that this historic peace deal will form a strong foundation for lasting peace," he says.
There is only one protocol on earth that simultaneously incentivises confidential inference, decentralised training of large models and the open-sourced development of all the building blocks (reasoning, agentic orchestration etc) that make Claude such a powerful tool.
$TAO
The US just forced Anthropic to kill their newest models.
@const_reborn predicted this outcome years ago.
You can't ban Bittensor, you can't stop decentralized permissionless intelligence.
Shared by everyone, owned by no one.
#bittensor
$TAO
@opentensor