News·Opentensor Blog·Nov 15, 2023, 21:24 UTC

November Network Update

October was another exciting month for Bittensor. The network continues to grow: together, we are onboarding developers, creating applications and building a collective intelligence flywheel. Subnets are proving to be very positive for the Bittensor ecosystem, and have rapidly accelerated the pace of innovation within the network. We suspected this would be the case, but we have been overwhelmed (in a good way!) with the high-level of immediate interest. Over the course of the month, 26 subnets have been registered and development on each is well underway. Do you want to generate images? There is a subnet for that. Would you like to create music with the assistance of AI? There is a subnet for that. How about scraping and indexing the entire internet in under four hours? There is a subnet for that too. Subnets bring out the very best in all of us: humanity’s most creative ideas, translated to code, brought to life by a distributed network of nodes. These nodes do not know each other, nor do they care to know each other. In fact, if they ever met in person, they very well might strongly dislike each other. In the free market we have built for AI, the only thing that matters is that nodes produce the best intelligence, as quickly as they can, and at the cheapest possible price. While subnets are certainly exciting, we have yet to see even a fraction of their potential, and we look forward to continuing to welcome more developer teams into our ecosystem. As subnets mature, their outputs will improve. As outputs improve, the applications powered by Bittensor will improve. In fact, some ‘minimum-viable’ apps are already beginning to emerge. If you have some time, please try them out and feel free to provide feedback (no matter how harsh!) We understand that Bittensor developers are currently beating competitors on price, but the goal is to close, and ultimately surpass, the existing gap in speed and quality. Developer teams are working day and night to do so. BitAPAI Stu

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