Bittensor Guru Episode 21 - Subnet 21 FileTAO w/ Phil
Mar 31, 2024
Dive into the world of Subnet 21, where Phil simplifies the complexities of decentralized storage with FileTAO. Discover its robust capacity and innovative data management strategies that prioritize performance and security. The discussion covers unique tier systems for miners and self-healing mechanisms aimed at ensuring data integrity. Learn how validation processes integrate redundancy and encryption for safe storage solutions. Plus, explore practical applications for everyday users and the promising future of subnet storage in the tech ecosystem.
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Necessity of Decentralized Storage
- File storage is essential for all subnet applications like LLMs and protein folding, creating centralized dependency on providers like Amazon and Google.
- Phil developed Subnet 21 to provide robust, decentralized storage incentivized within the BitTensor ecosystem to eliminate such dependencies.
Tier System Mirrors Real-life Incentives
- The tier system rewards miners based on trustworthiness and performance, creating upward mobility similar to real-life competitive systems.
- This method incentivizes miners to perform consistently and discourages complacency in higher tiers.
Robust Data Redundancy
- Redundancy in storage is ensured by storing data with at least four different miners, allowing recovery even if miners go offline.
- Validators track data distribution and rebalance data automatically when miners deregister, maintaining constant data availability.