Latest Posts with Kusama (KSM) tag

Kusama (KSM)

64 Articles 12 Followers

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:

  • validate the network
  • nominate validators
  • bond parachains or parathreads
  • vote on governance referenda
  • reward projects that support the network

Kusama is a project of Web3 Foundation.

Polkaswap is coming

21 Feb 2021 1 minute read 0 comments aarton

The Polkaswap wave Polkswap is an all-mighty protocol for DeFi created by Soramitsu for reforming and level up the actual Decentralised Finance and designed exclusively for the Polkadot ecosystem including Kusama and a bridge for connecting other imp...

Why I hold my Polkadot and Kusama on lead wallet.

19 Feb 2021 5 minute read 9 comments Dzoelx

If you’ve been active in the crypto space for much of the last quarter of 2020, you’d come across the term ‘Polkadot’ at least twice per day. Powered by amazing interoperability technology, Polkadot project has grown so much in popularity and so hav...

(JCAS) - JaiChai's Altcoin Spotlight: "Kusama"

18 Feb 2021 1 minute read 0 comments JaiChai

In response to a flood of questions about what's on my altcoin radar, I'm starting this series of articles called "JCAS" - JaiChai 's Altcoin Spotlight". ^image by JCAS articles will be short and feature whatever caught my eye about an al...

Kusama and the Parachains are on fire

17 Feb 2021 1 minute read 1 comment Makingdigital

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. Hig...

My crypto portfolio update selling of my free DOGE, ADA rewards, KSM, BCI25, BEST, ETH, DPI, Hive

16 Feb 2021 7 minute read 2 comments passive_income

It has been a week or so since I lust wrote an update on my crypto portfolio. Since then I added some new and old assets to my portfolio.But before I get into the details I will have to do some disclaimer so you cant write me whining that you lost it...

Acala Network - Most anticipated Dapp of Polkadot

14 Feb 2021 1 minute read 4 comments Makingdigital

Without a doubt, one of the most anticipated DeFi projects for this 2021 is Acala Network. Many of us are eagerly awaiting the official release of this decentralized application that will be the mainstay of the Polkadot ecosystem. In case you don't k...

Moonbeam 😎 The Future of Crypto is Multi-Chain

12 Feb 2021 3 minute read 12 comments Cryptonator`s

Not only investors are crazy about the Polkadot ecosystem, but also developers are. The developer community is absolutely excited about Polkadot which is the key factor when it comes to building a whole ecosystem around Polkadot. One of the hottest p...

Bull Run 2021 - My Top 3 Altcoin Performers To Date

9 Feb 2021 2 minute read 5 comments Sapphire

Navigating The Altcoin Maze In recent months and years, I began preparing for the bull market in which we now find ourselves in the heart of. This is a tricky endeavor when it comes to trades, as finding hidden gems so early on in the journey is no s...

So I just added KSM to my crypto portfolio on Binance! Proud to be a part of the Kusama Network

9 Feb 2021 3 minute read 0 comments passive_income

DD! Disclaimer! This article is not in any form financial advice! The article depicts my own strategy on investing. I am not responsible for your decisions! Always do your own research before investing! If you invest, only use funds you can afford to...

Is it a good time to enter Polkadot?

8 Feb 2021 1 minute read 2 comments Makingdigital

The recent rise in Polkadot has raised many questions for novice investors. Is it a good time to enter or do I wait for a correction? Of course it is a good time to buy DOT. If we look at all the projects behind this token, practically all are in Bet...