@_mk6g_@SiamKidd@MarsSmuff It reduces the sell pressure on TAO because you can use gamma to buy things like compute without needing to sell TAO for fiat or a stablecoin like USDC to pay for it.
@_mk6g_@SiamKidd@MarsSmuff With the current system, when you sell alpha you're taking TAO out of the subnet pool. This affects the value of the subnet's alpha tokens. When you burn alpha for gamma, the TAO stays in the subnet, keeping the alpha price more stable.
@KatKanada_TM "There's a billion stories of the children"
Approximately 150,000 indigenous students attended the residential schools.
1,000,000,000 stories/150,000 children = an average of 6,666 stories per child.
@nitwhale2x75191 Be honest - you're only fudding $QNT because you're mad that it pumped and $LINK didn't. Guess what? Some Quant holders have been holding since 2022 while QNT did nothing, watching other coins soar. Try to be happy for other people's fortune.
@oscarmigula1 My favourite Bittensor analogy for kids:
A videogame has 128 teams. Each team does something different. The game gives money to the team that did its thing the best. The players on each team compete with each other to get the biggest share of the money that the team brings in.
@markjeffrey One of the projects I'm most bullish on. Closest thing to Bitcoin on Bittensor right now: a decentralized supercomputer formed by the GPUs from a variety of machines, big and small, coordinated for performing a specific task.
@bittingthembits IOTA is doing with decentralized training what Actual sets out to do for inference. I want Actual to succeed but the inactive subnet, lack of public updates on progress, and radio silence after Tom Lynch's absence at ExploitSummit raises red flags.