12 April news, co-founder of Bittensor Jacob Robert Steeves responded to the Covenant AI incident, stating that the events of the past few days have "deeply shaken" him, and accused Covenant AI founder Samuel Dare's actions of causing serious harm to the protocol and community, betraying the trust of investors and users. He also apologized to users who suffered losses due to the incident.

Steeves said that Bittensor's original design was to combat greed and selfishness in human nature, promoting AI ownership jointly by all participants through a permissionless mechanism. He emphasized that although this incident exposed system vulnerabilities, it will also prompt the protocol and community to further enhance their risk resistance.

Regarding future directions, Steeves proposed advancing a "Locked Stake" mechanism, introducing a "time + staking" commitment dimension at the protocol layer to improve transparency and investor protection, and reduce similar risks. He pointed out that this plan was originally designed with Samuel Dare's participation.

Additionally, he stated that subnet 3, 39, and 81-related development will continue by the community, and the overall functions and vision will remain unchanged. Steeves emphasized that Bittensor remains one of the most decentralized AI protocols today, and will continue to promote open AI development, with plans to move towards training larger-scale models. In the future, they aim to train a 1 trillion parameter model.