Bittensor Network is expected to experience its first "halvening" around December 14th.

BlockBeats News, December 8th, according to Cointelegraph, as Bitcoin enters the fourth year of its halving cycle, other decentralized projects are also starting to adopt similar supply reduction mechanisms. After launching in 2021, Bittensor is now experiencing its first halving.

Bittensor is a decentralized, open-source machine learning network consisting of specialized "subnets" that create an AI service marketplace through incentive mechanisms. The network is expected to experience its first halving around December 14th. At that time, the issuance of its native token, TAO, will decrease from the current 7200 tokens per day to 3600 tokens per day.

Grayscale Research analyst William Ogden Moore stated that this event is a "key milestone in the network's maturity" as it moves towards its 21 million token supply cap, aligning with Bitcoin's fixed supply limit.