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Bittensor (TAO)

€ 575,05

9,96 % € 57,27
24h 1w 1m 1y All

Bittensor Price in Euros

(TAO to EUR)

€ 575,05

Bittensor Volume

(24h)

€ 331.93 M

Market Cap

(Bittensor)

€4.24 B
BTC

What is Bittensor

Bittensor is an open-source protocol that powers a decentralized, blockchain-based machine learning network. The main goal is to create a marketplace for artificial intelligence, where machine learning models are collectively trained and rewarded with the native cryptocurrency TAO.

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How does Bittensor work?

Bittensor leverages the capabilities of a distributed ledger to optimize the development and distribution of artificial intelligence technology. This allows users to extract information from the network while tailoring activities to their specific needs.

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How to buy Bittensor?

Do you want to buy Bittensor (TAO)? You can do this at Coinmerce. Select the amount you want to buy, pay fast and easily with SEPA and receive your tokens shortly.

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How to buy Bittensor?

You want to buy Bittensor (TAO)? You can buy Bittensor using SEPA at Coinmerce. Once you are logged in, you will see "Coins" in the top menu where you click on. Now you come to a page with all crypto coins that Coinmerce offers. If you don't see Bittensor, use the search function to search for Bittensor and click on the name. You can indicate for what amount of euros you want to buy Bittensor in the right window. Below is shown how much Bittensor you get for this. Have you entered the correct amount? Then click on "Buy". You can also execute a "Stop limit order" at Coinmerce. Our system will automatically buy Bittensor when the price of Bittensor reaches your entered value. You can also execute a repeating order. Do you want to buy Bittensor with another crypto currency? Then you go to the cryptocurrency you’d like to pay with and click on "Swap" in the right window to indicate that you want to receive Bittensor.

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About Bittensor

Bittensor is an open-source protocol that powers a decentralized, blockchain-based machine learning network. Machine learning models are collectively trained and rewarded in TAO based on the informational value they contribute to the whole. TAO also provides external access, allowing users to extract information from the network while tailoring activities to their needs. The developers behind the project aim to create a pure market for artificial intelligence, a stimulating environment where consumers and producers can interact in a confidential, open, and transparent context. A crucial technology of Bittensor is the specially developed consensus algorithm called Yuma. This unique system serves as the backbone for the management and security of the Bittensor network. Yuma plays an essential role in distributing AI processing tasks across various computers (nodes), enabling the handling of larger and more complex tasks. This system integrates two algorithms, which are proof-of-work (PoW) and proof-of-stake (PoS), to validate transactions and generate new blocks in the blockchain. Nodes complete computational tasks and receive tokens as a reward for their efforts. What makes Yuma unique is its ability to process machine learning tasks as well. The Bittensor network ensures fairness in all of this through a system where peers assess each other. In this process, models are rewarded in the native cryptocurrency TAO, with the value of the reward based on the value added to the network.

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Founded
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Industry A.I.
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Website Website
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Network Ethereum
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Location
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Rank 34
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Market Cap 4.24 B
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Trading volume 331.93 M
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Maximum coins 21 M
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Circulating 7.38 M
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