Network Participants
Fundamental blockchain concepts that power Bittensor. Learn the core technologies and principles that make decentralized networks possible.
Bittensor works through four main types of people. These people work together to build Bittensor.
Subnet owners create special AI teams called subnets. Each subnet focuses on one type of (AI) work. They decide how miners and validators work together. Subnet owners get 18% of their subnet's daily outgoing ALPHA emissions . This compensates them for building and running the subnets.
Miners provide the computer power for the subnet. They run AI models that try to work on the subnet's task. Validators check how well miners do their work. They judge the quality and give out incentives through Yuma Consensus . Miners and validators share 82% of the daily outgoing ALPHA. Validators get 41% and miners get the other 41%.
The network also has TAO holders who join through delegation . Nominators own TAO tokens but don't want to do validation work. They delegate their TAO to validators instead. When validators accept these tokens, they become delegatees . Nominators earn a share of the dividends from the validator's work while helping securing the network.
Validators usually share 82-100% of earnings from delegated TAO with nominators. They keep 0-18% as their commission rate. This creates a fair system. Technical people earn TAO through direct work, while TAO holders can support the network through delegation (earning TAO through dividends).