Crypto World Network news: Covenant AI released a statement saying it will exit the Bittensor network and has questioned its governance structure. It said that although Bittensor claims to be decentralized to the public, in practice governance power is still concentrated among a small number of people, and relevant decisions lack transparent processes and community consensus. Covenant AI said that in the recent course of operating its subnet, it encountered measures including the suspension of revenue distribution, adjustments to community management permissions, and changes to the infrastructure, and believes these actions do not align with the principles of decentralization. The team said it will continue to advance the direction of decentralized AI training, and carry out subsequent research and project planning in other environments.