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Bittensor co-founder criticizes Covenant AI founder's actions as "malicious and greedy," calling for a restart of subnet community voting governance.
Bijiang.com reports that on April 10, in response to Covenant AI’s recent exit from the Bittensor network, Bittensor co-founder Jacob Steeves made a statement on Discord. He revealed that when the team launched dTAO a year ago, it originally planned to roll out a community-led subnet governance mechanism—namely, subnet Alpha holders could vote via their wallets to elect the hyperparameter-setting team. However, due to the need to grant subnet owners more control in the early stages, this feature was postponed. Steeves believes it is now the right time to restart this discussion, and he suggests introducing a community voting mechanism to elect the team and to reboot the subnet. He emphasized that, as one of the main holders, supporters, and technical contributors of Bittensor’s top three projects, he will personally participate in this mechanism, recommend suitable candidates, and continue to push forward the project goals he initially co-established with Covenant AI founder Sam Dare. Meanwhile, Steeves also said plainly that Sam Dare’s recent decisions are “clearly driven by malice and greed.” However, he noted that such crises often mean a new beginning, with the potential to redefine the subnet’s form and governance approach.