As Bittensor nears its first halving event, the cryptocurrency community is bracing for a shift in market dynamics that could reshape the competitive landscape of the network. The source notes that this event may lead to increased scarcity and potentially drive up the value of the token.
Impact of the Upcoming Halving
The upcoming halving will cut rewards for all participants, including miners and validators, which is expected to intensify competition among subnets. This reduction in daily TAO emissions may pose challenges for weaker subnets, potentially leading to liquidity issues as they struggle to maintain their operations.
Opportunities for Stronger Subnets
Conversely, stronger subnets are likely to benefit from this structural change, as they can leverage their capabilities to provide high-value AI services. The halving is designed to align incentives around quality output, encouraging participants to focus on delivering superior contributions while simultaneously reducing inflationary pressures within the Bittensor ecosystem.
As Bittensor prepares for its first halving event, ElevenLabs has recently announced its proactive measures to combat deepfake technology. For more details, see deepfake prevention.
