🚨LATEST: BITTENSOR DROPS 16% AS COVENANT AI EXITS THE NETWORK OVER CENTRALIZATION CONCERNSCovenant AI (@covenant_ai) has exited Bittensor citing concerns over centralized control.The team said governance is not truly decentralized in practice. It alleged key decisions remain concentrated among a few actors.The move raises fresh doubts over decentralized AI networks. Covenant confirmed it will continue development outside Bittensor.The exit marks a major rift within the ecosystem.$TAO dropped sharply after C ...

OPINION: Decentralized AI networks could let anyone who contributes computing power earn tokens representing ownership in AI models.https://t.co/6QlVUfnt4E ...

@SiamKidd goes "One of the things we've seen is, whenever something is centrally planned. It doesn't go well. Incentives are nearly always wrong."Which bring us the next topic:💡What role do cryptocurrencies and tokenomics play in incentivizing participation in decentralized AI networks? ...