Latest Posts with Kusama (KSM) tag

Kusama (KSM)

68 Articles 13 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.

Tether Coming Soon to Polkadot and Kusama Blockchain

13 Apr 2021 1 minute read 0 comments Novasky

Polkadot is getting a lot of new projects slowly. It's really interesting to see that polkadot not only has the Akala network for stablecoin but now they are going to have the Tether network too. Tether is the stablecoin infrastructure that is on ETH...

DOT-KSM are heating up..

3 Apr 2021 2 minute read 0 comments amtraderpro

Hi guys! DOT really met my expectations from previous post and I would say even more! After the news that Coinbase Ventures backs Acala Network on Polkadot, token DOT made a nice leap, breaking with ease the psychological level of $40 and closing the...


2 Apr 2021 1 minute read 2 comments kev_nag

COINBASE VENTURES, the investment vehicle of the COINBASE EXCHANGE, has invested in a Layer-1 Blockchain design that when complete will bring full service DeFi to POLKADOT. The investment is split between ACALA and KARURA, however neither the amount...

Polkadot's exciting 10 day Round-Up

27 Mar 2021 1 minute read 2 comments Joker1919

                                 17th march 2021 - Polkassembly Motion 70 : Council members successfully passed a motion  to upgrade to runtime v29. This sends it to the external que where it will then be voted on as a referendum. 19th March 2021 - A...

Why I'm Bullish on Kusama (KSM)

22 Mar 2021 1 minute read 0 comments MakeItReal

Hello HODLers, Today I'd like to share with you some of my thoughts about crypto that could perform well next days. Obviously none of this is financial advice but personal ideas, information and news sharing so do your own researches independently! I...

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...