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Launched in 2019, Kusama is the brainchild of Gavin Wood, founder of Polkadot and co-founder and former CTO of Ethereum.
Kusama was built using Substrate (a modular blockchain framework), with (nearly) the same codebase and industry-leading multichain infrastructure as its cousin Polkadot.
Designed for risk-taking and radical innovation, Kusama is both a fast-moving “canary in the coal mine” for Polkadot and an experimental development environment for teams who want to move fast and innovate on Kusama, and/or prepare for deployment on Polkadot.
It's a living platform built for change agents to take back control, spark innovation and disrupt the status quo. Kusama provides unprecedented interoperability and scalability for blockchain developers who want to quickly push the limits of what’s possible.
Like Polkadot, Kusama is a scalable, multichain network, consisting of up to 100 independent blockchains (parachains) working in parallel and interoperating, with security provided by a Relay Chain.
Kusama is ideal for lean startups looking to move fast and iterate as it allows them to launch their custom blockchain (parachain) project with low economic barriers to entry.
KSM, the native tokens on Kusama, is used to:
Kusama is a project of Web3 Foundation.
16 Sep 2024 1 minute read 0 comments moon333
In this update, we'll explore the latest developments with the Kusama token. Recent chart movements have highlighted several key resistance and support levels, which could influence future price action. Recent Price Movements Kusama has recently b...
1 Sep 2024 2 minute read 0 comments moon333
Introduction In this article, we'll delve into the recent price movements and technical patterns observed in Kusama (KSM). The focus will be on the daily and 7-day time frame charts, where significant events such as fake breakouts, key resistance, an...
24 Aug 2024 2 minute read 0 comments moon333
Introduction: Hello, everyone! I hope you're doing well. In this article, we'll dive into the recent price action of Kusama and analyze its potential breakout from a key pattern. As I’ve highlighted in my earlier videos, Kusama has been showing some...
15 Jan 2024 1 minute read 7 comments LeftFooted
Kusama was developed by the same people who founded Polkadot (DOT) back in 2016. Kusama (KSM) runs on its own blockchain and it currently has a price of $41.55, down from its all time high of nearly $600. Kusama was developed as a Web 3.0 platform,...
29 Dec 2023 6 minute read 27 comments Guarda Wallet
The blockchain sector is constantly changing, with new projects being launched regularly. This inevitably leads to a demand for innovations that improve the performance of existing blockchain projects while also laying the groundwork for new ones. Po...
28 Apr 2023 6 minute read 0 comments CryptoDisrupt.com
This article will guide you through the Best Kusama (KSM) Wallets in 2023 to store your coins with a subset of security 101. Kusama has won its position in the market because of the advantages provided by its community and, of course, decentralized e...
16 Apr 2023 1 minute read 10 comments Dave Sawyer
Cryptonauts, we love you!! thanks for joining the Watch Army to make a better crypto world on the Pub0x through LAUGHTER!! Today's FT is a lovely paper as always TLDR: The last big Japanese launch had to self destruct, so nice to see Arianne suc...
17 Dec 2022 3 minute read 2 comments ☑️0🆇D̺͈͙͕̿ͧ̑ͣ🅰🆅🅸🅳eͤ
RMRK (Remark) is one of the most advanced standards in the NFT world, due to its characteristics. These NFT have been launched on Kusama. Kusama enjoys the full functionality of a blockchain but is also a Polkadot testnet on which dapps and functiona...
5 Dec 2022 1 minute read 0 comments EverythingBlockchain
If you find this helpful, please support through subscribing and following. Everythingblockchain 🧐 - Freethinkers, Writers ✍, Blockchain explorers 🔭In pursuit of simplifying the different blocks of the chain metaverse Socials Twitte...
7 Nov 2022 2 minute read 0 comments EverythingBlockchain
Bifrost is a web3 derivatives protocol that provides decentralized cross-chain liquidity for staked assets. It leverages cross-consensus message (XCM) to provide cross-chain liquid staking services for multiple chains. With the release of 420,000 KSM...
