Covenant AI accuses Bittensor of ‘centralized control with decentralized branding’ amid exit
Covenant AI, a major subnet on the Bittensor network, has exited, citing concerns over centralization. In a statement on X, the team accused Bittensor’s leadership of exercising centralized control while maintaining a decentralized brand. They claimed key decisions, such as suspending subnet emissions and removing community control, were influenced by a centralized authority. Additionally, they alleged the network deprecated infrastructure and applied economic pressure through token sales. This exit has generated uncertainty, highlighting ongoing tensions between decentralization ideals and operational realities in AI-driven crypto networks.
ambcrypto04/10 08:26
