Top Tweets for #AkashNet

Bittensor can scale Akash by allowing to optimise your incentive structure with $TAO. The community pool from what I see from AKT 2.0 will be funded by a 20% cut from the lease that a provider earns. Subsequently that is distributed to other community efforts and a security incentive for AKT stakers with the rest of the token inflation going to stakers + community pool in a 60/40 split. Is this the most optimal incentive structure for Akash to scale? Is there a more optimal strategy to allocate resources to have the lowest cost of compute in the world while maintaining global access while reducing centralisation risks? With subnets the opentensor foundation removed the assumption that they knew what incentives should be given to achieve this (and not just for AI or compute but a broad range of digital commodities). Think of each subnet owner as their own satoshi (e.g. bitcoin as a subnet for SHA-256 calculations). It might make sense for Akash to actually be a on a $TAO standard only as it removes any bias on incentive design while also making the cost of security cheaper as currently POA is run by OTF authority nodes who burdens the cost of security. 1. you get the network effect of reeds law - the utility of large networks, can scale exponentially with the size of the network. (subnets are networks of networks). 2. You get a 18% cut of subnet emissions so there will still be funds for a community pool for development/events. 3. GPU providers get paid every hour if they are competitive enough so they will always have a steady flow of mining rewards. 4. Miner UID slots can be used as mining pools to aggregate compute more efficiently, like bitcoin pools aggregate hashrate. 5. You have a validation mechanism that can be used through the validators to ensure that the GPU's on the Akash subnet are real. 6. More demand for compute to be used from other subnets and validators can do the marketing for you as they can monetise the GPU power so all you have to worry about is incentive design and subnet development. It's a win-win for Akash and $TAO holders.