Bittensor Recovery Subnet Registration and Deregistration Mechanism

BlockBeats News, October 16th, the OpenTensor Foundation tweeted that Bittensor has restored the subnet registration and deregistration mechanism, with a subnet limit of 128. The new subnets will replace the lowest-performing subnets and will have a 4-month immunity period. This update incentivizes subnet teams to prove their worth or make room for others, thus increasing competition and project quality.

The TAO from deregistered subnets will be proportionally distributed to alpha holders. This will unlock TAO stuck in inactive liquidity pools and redirect it to more active areas of the network. The registration of new subnets will incur a destruction cost, rather than a locking cost, with the current cost being 2500 TAO.