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Bittime - The Bittensor network token is experiencing a fantastic price surge, as the protocol development organization, the Opentensor Foundation, attempts to offer an open-source alternative amidst the artificial intelligence arms race.
Also read : What is Bittensor TAO? Fundamental Analysis & Technical Analysis of Bittensor TAO Price in Rupiah
Bittensor's $TAO Token Skyrockets
According to The Block's Price Page data, Bittensor's $TAO token has risen more than 90% over the past two weeks and surpassed a $3 billion market cap on Tuesday. At the time of writing in the source article (02/06/2024), the token is up 12% and trading at $482.39, according to CoinGecko.
Vitalik Buterin's Support Makes an Impact
About a week ago, Ethereum founder Vitalik Buterin showed his support for Bittensor. In a blog, Buterin stated that Bittensor offers the opportunity to incentivize the development of better AI by offering financial incentives.
Vitalik Buterin wrote, "'Using crypto incentives to encourage the creation of better AI' can be done without getting stuck in a complete rabbit hole of using cryptography to fully encrypt: approaches like Bittensor fall into this category."
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The Fusion of AI and Blockchain: A Win-Win Solution
On a macro level, the intersection between AI and blockchain appears to be complementary. Blockchain could potentially provide a way to curb some of the threats posed by artificial intelligence, for example by ensuring the data used by large language models can be trusted.
Also Read : Price of Bittensor (TAO) Increases Sharply, What is the Cause?
Concerns Over Centralized Control of AI
On the other hand, many technology thought leaders fret about a world in which closed, centralized companies like OpenAI and Google have disproportionate control over how the 21st century's most powerful and dangerous technologies are implemented.
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Bittensor (TAO) Paves the Way to More Open and Collaborative AI
Bittensor's success shows a growing desire for a more open and collaborative approach to AI development.
Bittensor offers a compelling alternative to existing centralized AI models, and provides hope for a safer and more beneficial AI future for all.
How to Buy Crypto from Bittime
You can buy and sell crypto assets in an easy and safe way via Bittime . Bittime is one of the best crypto applications in Indonesia which is officially registered with Bappebti.
To be able to buy crypto assets on Bittime , make sure you have registered and completed identity verification. Apart from that, also make sure that you have sufficient balance by depositing some funds into your wallet. For your information, the minimum purchase of assets on Bittime is IDR 10,000. After that, you can purchase crypto assets in the application. Learn Complete Guide How to Buy Crypto on Bittime .
Monitor price chart movements of Bitcoin (BTC) , Ethereum (ETH) , Solana (SOL) and other cryptos to find out today's crypto market trends in real-time on Bittime.
Read Also
Bittensor (TAO) Basic Guide for Beginners
Examining the Potential of Bittensor (TAO) in 2024
Tips for Claiming Bittensor Airdrop (TAO), Read First Before Following
DISCLAIMER: This article is informational in nature and is not an offer or invitation to sell or buy any crypto assets. Trading crypto assets is a high-risk activity. Crypto asset prices are volatile, where prices can change significantly from time to time and Bittime is not responsible for changes in fluctuations in crypto asset exchange rates.
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