Kusama and the Parachains are on fire
kusama network

Kusama and the Parachains are on fire

By Makingdigital | makingdigitals | 17 Feb 2021


The excitement surrounding the Polkadot ecosystem is growing exponentially. The Parachains auction is on fire. If you don't have a slot, you run out of your ticket and there are many operators who want to enter the system to have a place to rent.

High competition for Polkadot Parachains has caused an impressive increase in the price of Kusama. Kusama is the wild or naked version of Polkadot. This is where all the pertinent tests are to be done before launching them to Polkadot. It is the basis of its operation.

Kusama will fully emulate Polkadot's mission. The mission is none other than to advocate for absolute interoperability between all available blockchains. Offer liquidity, grant loans and exchange tokens instantly, especially synthetic ones such as renBTC, xBTC, WETH, WBTC.

I recently commented in the last article about Polkadot and Acala Network that we can already test their Testnet phase with a demo. We link our Polkadot wallet and we will see that it gives us the option to experience the operation of the Exchange, add collateral, add liquidity, etc.

The price will surely continue to rise until the Parachains are fully distributed, also knowing the importance of Kusama for the project. It is the version where all the applications that want to play within Polkadot will try. If they work on Kusama they will advance to the Mainnet.


Makingdigital
Makingdigital

Entrepeneur, writer and Cryptolover


makingdigitals
makingdigitals

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