POPA ReconCovenant AI Exits Bittensor, Accuses Founder of Centralized Control
Covenant AI Exits Bittensor, Accuses Founder of Centralized Control Covenant AI, the team behind subnets SN3, SN39, and SN81, said it is leaving the network, arguing that Bittensor’s decentralization claims do not match how governance works in practice. Covenant alleged that TAO emissions to its subnets were suspended, its moderation rights removed, and parts of subnet infra were deprecated, while calling the network’s “triumvirate” multisig setup “decentralization theatre.” The team is widely reported to have sold roughly 37,000 TAO (worth approximately $10 million), sending TAO down abou…
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