Since 2024 I’ve been circling Bittensor's ecosystem trying to form a thesis around it. What initially grabbed me was the idea that you could incentivize useful work. Since launch, Bitcoin bootstrapped the world’s largest supercomputer by paying people to brute force a math puzzle. The futurist in me loves the thought experiment that you could aim this same power at intelligence instead. Simple idea, but it turns out to be fucking complicated in practice. At a high level, Bittensor splits the ...