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Bittensor responds to Covenant AI incident and proposes new governance solutions

AiCoin
AiCoin|Apr 12, 2026 06:41
On April 12th, Bittensor co-founder Jacob Robert Steeves posted an article accusing Covenant AI founder Samuel Dare of damaging the agreement and community, betraying the trust of investors and users, and apologizing to the affected users. He proposed to promote the "lock up pledge" mechanism to enhance transparency and protect investors, reduce risks, and stated that the development of related subnets will continue to be promoted by the community, while the protocol functions and vision remain unchanged. In the future, he plans to train a 1 trillion parameter model.
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