Bittensor Co-Founder Responds to Community Governance and Token Release Controversy

Const, co-founder of Bittensor, responded to recent controversies, stating that he has no authority to pause token emissions for his subnet—only a partial sale of his alpha holdings caused the emission changes, and his actions were identical to those of any ordinary TAO holder. Regarding community administration rights, Const clarified that Samuel, founder of Covenant AI, voluntarily abandoned the channel and publicly explained his decision; some administrative privileges were temporarily revoked but have since been restored, and Samuel’s admin status was never removed. Additionally, Const denied selling large amounts of tokens, noting that the amount sold constituted less than 1% of his total investment, and emphasized that transaction transparency is foundational to the dTao system. There remain discrepancies between the two parties’ explanations concerning community governance and token operations, and related discussions are ongoing.