PANews, June 22 — Bittensor co-founder const posted on X detailing the project’s current state of decentralization, future roadmap, and goals. Bittensor has not yet achieved decentralization at the economic incentive layer and is still steered by the core team, including const himself, two engineers, and a group of core contributors. The project has been live for over five years, has no pre-mine, and features 128 subnet teams and more than 20 core validator teams. Decentralization has already been achieved in terms of ownership distribution. The team chose to iterate rapidly at the cost of “remaining centralized” rather than slowly advancing “democratized” decision-making.

Regarding future update plans, Bittensor will push validators back into a competitive mechanism while opening liquidity pools for two-way investment to symmetrize the market and prevent on-chain signals from being manipulated. In addition, a conviction mechanism will be introduced to grant voting rights to Alpha token holders. Updates to TaoFlow and its derivatives will also roll out in the coming weeks, further fine-tuning the issuance distribution algorithm to optimize how inflation is allocated. const expects to complete the core mechanism within the next year and a half, at which point the three pillars — incentive alignment, value optimization, and true ownership — will operate in synergy, ultimately achieving full decentralization by abandoning centralized control.