TechFlow News, June 22: Const, co-founder of Bittensor, published a lengthy post stating that Bittensor has not yet achieved full decentralization comparable to Bitcoin—particularly in core direction-setting and governance, which remain largely led by the core team. Nevertheless, its long-term goal remains the protocol’s ultimate hardening, programmatically enforced immutability, and complete decentralization.
He noted that Bittensor already exhibits strong decentralization characteristics across several dimensions—including token ownership distribution, subnet development, validator participation, and developer ecosystem—such as no pre-mine, over five years of continuous operation, 128 subnet teams, and more than 20 core validator teams. However, for core protocol upgrades and roadmap advancement, Bittensor continues to prioritize centralized decision-making to enable rapid iteration, adapting to the fast-paced evolution of the AI field.
Looking ahead, Bittensor plans to further optimize validator incentive mechanisms, open bilateral investment capabilities in liquidity pools, introduce rights for alpha token holders, adjust TaoFlow and its derivative mechanisms, and strengthen governance over teams engaged solely in value extraction. It expects that, within approximately one and a half years—as incentives, value optimization, and ownership structures mature—Bittensor will progress toward more thorough decentralization.
