Introducing a new cryptographic governance primitive >> Conviction - The Formula: Conviction = Stake x Time. - Linear Unlocking: Lock Alpha tokens for a set duration (e.g., 365 days) to prove long-term commitment. - Mutable Ownership: If an owner acts maliciously, the community can collectively lock their tokens to... a new key and vote them out. - Delegated Conviction: Miners and investors can delegate their conviction to cryptographically back teams they trust. First, testing this primitive on subnets 3, 39, and 81 to help the community regain control before a wider rollout. * Initial design still being tuned and tested, more information E071 // Hosted by const 00:00 - Addressing the recent subnet owner exploit & subnet governance 07:18 - Introducing the "Conviction" mechanism 11:38 - Rollout Plan: starting with subnets 3, 39 & 81 18:42 - AMA Begins 21:03 - How subnet teams can still raise capital (OTC) 24:47 - Q&A: Hostile takeovers & malicious whales 41:22 - Why centralized competitors can't buy and kill decentralized subnets 54:14 - mogmachine (ττ) joins: Scenario testing subnet impacts Drop your thoughts or questions ↓ #Bittensor #TAO #CryptoGovernanceshow more

Openτensor Foundaτion

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