Bittensor Schedules First TAO Halving for December 14
According to Bittensor’s official statement, the halving will cut TAO daily issuance from 7,200 to 3,600 tokens, marking a key step toward a fixed-supply economic model similar to Bitcoin.
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Summary
Bittensor announced that its first halving will occur on December 14, reducing daily TAO issuance from 7,200 to 3,600 tokens. The official statement framed the change as a major milestone in transitioning toward a Bitcoin-like fixed supply model, reinforcing scarcity and long-term tokenomics. The move reflects the decentralized AI network’s strategy to gradually approach a capped total supply of 21 million TAO.
Terms & Concepts
- Halving: A programmed event in blockchain systems that reduces the issuance rate of new coins, often impacting supply and market dynamics.
- Bittensor: A decentralized AI network built on blockchain technology, allowing participants to contribute and monetize machine learning models.
- TAO: The native cryptocurrency of the Bittensor network, used for transactions and incentives within the ecosystem.