Plain Strata: Stake Delegation, Who Holds the Vote Inside the Token
On Bittensor, the largest network trying to run artificial intelligence as an open market of strangers, the chain understands none of the AI work it pays for: it reads the scores that validators, the machines that grade the other machines, hand it every few minutes, mints new tokens to whoever scored well, and weighs each validator's scores by its stake, the tokens people have locked behind it, so a staked token is not a savings account but a vote about which AI work deserves the money. On 14 September one institutional validator, Yuma, reported more than two hundred million dollars of those…
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