Bittensor co-founder and Covenant AI founder: Seriously harming the protocol and community, will advance a new "lock-up staking" mechanism.

CoinFeed reported on April 12 that in response to the Covenant AI "betrayal" Bittensor incident, Bittensor co-founder Jacob Robert Steeves issued a statement saying that Covenant AI founder Samuel Dare's actions severely damaged the protocol and community, betrayed the trust of investors and users, and "betrayed" everyone. Steeves also apologized to users who suffered losses as a result of the incident. Steeves stated that Bittensor was designed to resist greed and selfishness in human nature, promoting AI ownership by all participants through a permissionless mechanism.