A few weeks ago, const and carro appeared on the Based Space Podcast. It went well, so we edited, transcribed and parred it down  for your reading enjoyment. Sometimes ideas are best expressed spontaneously, in the context of a conversation. To create something digestible, this transcription leaves a fair bit

The Synapse update is the first major update to the Bittensor Network. By introducing synapse architecture, we have enabled the compression and transmission of logits [https://deepai.org/machine-learning-glossary-and-terms/logit], which dramatically improve both validation accuracy and overall network efficiency. The update also allows clients of the network to run

"The best place to stimulate innovation is in the market square, not in the administrative bureau." This was Friedrich Hayak, in 1945, arguing that centralized economies cannot drive growth efficiently. This is because a centralized body lacks access to the information needed to innovate and distribute resources efficiently. Decisive information