Cryptocurrency Q&A
What blockchain does Bittensor use?
What blockchain does Bittensor use?
EthereumEmpress
Sun Oct 20 2024
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7 answers
1160
I'm interested in learning about the technological backbone of Bittensor. Specifically, I want to know which blockchain technology it utilizes for its operations.
7 answers
BlockchainBrawler
Tue Oct 22 2024
Bittensor shares numerous similarities with Bitcoin, a pioneering cryptocurrency. Both operate on a decentralized blockchain network, ensuring their systems are free from central control or manipulation.
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Raffaele
Tue Oct 22 2024
One of the key features of Bittensor is its transferrable token, TAO. This digital asset can be seamlessly exchanged between users, facilitating transactions and promoting liquidity within the network.
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amelia_miller_designer
Mon Oct 21 2024
The TAO token is also censorship-resistant, meaning it cannot be blocked or restricted by any single entity. This characteristic is crucial for maintaining the integrity and accessibility of the Bittensor ecosystem.
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BitcoinBaroness
Mon Oct 21 2024
In addition to spot trading, BTCC also provides futures trading, allowing users to speculate on the future price movements of cryptocurrencies. This feature offers investors the opportunity to hedge their risks and potentially profit from market volatility.
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lucas_clark_artist
Mon Oct 21 2024
The blockchain substrate that underpins Bittensor is designed to operate continuously, 24/7. This ensures that transactions can be processed and verified without interruption, enhancing the overall efficiency and reliability of the network.
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