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.


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...

Join the Kusama Thousand Validators Programme

14 Sep 2020 1 minute read 3 comments Web3 Foundation

Receive Nominations to Kickstart your Validator on Polkadot’s Wild Cousin, Kusama Kusama network launched in July 2019 as an early, unaudited version of Polkadot’s codebase. The network launched with a set of 25 validators and has been rapidly passi...

Web3 Foundation Has an Open Grants Program

25 Sep 2020 2 minute read 9 comments Web3 Foundation

Web3 Foundation has an open grants program that runs alongside our general grants program. Transparent and efficient, the new program is running on GitHub, funding projects that support the Polkadot ecosystem up to US$30K equivalent, administered in...

Kusama & Polkadot: How do they compare?

9 Sep 2020 2 minute read 6 comments Web3 Foundation

Polkadot and its wild cousin Kusama are built on nearly the same codebase but they have a few key differences. We’ll explore these briefly below and look at how use cases on Kusama are likely to differ from Polkadot as the networks develop. Kusama o...

Polkadot: The Real Deal or just a Wannabe?

28 Aug 2020 4 minute read 10 comments SamBTC

A few days back as I was checking the crypto rates on Coingecko as I always do about 100 times a day, I suddenly noticed a new coin which I had not seen before. What totally baffled me was that this was not a new entrant in top 200 or top 100, it was...

Polkadot, Kusama and Gitcoin: Building the Future

17 Sep 2020 2 minute read 0 comments Web3 Foundation

Polkadot and Kusama have onboarded to the Gitcoin platform, strengthening the foundations of the Web 3.0 ecosystem and expanding the opportunities for developers to earn from open source projects. This is a landmark step towards our mission to contr...

Hello World! By Polkadot: Dive into the Polkadot universe!

14 Oct 2020 1 minute read 4 comments Web3 Foundation

Gitcoin has integrated Polkadot and Kusama tokens (DOT and KSM) into their tech stack, making us one of the first full integrations outside of the Ethereum ecosystem. To celebrate, we have created Hello World! by Polkadot. Consisting of 23 different...

MANTRA DAO Is A DeFi Ecosystem Powered By Polkadot With An Excellent Karma

8 Oct 2020 2 minute read 10 comments Cryptonator`s

No doubt, MANTRA DAO is one of my TOP 3 DeFi Altcoins Powered By Polkadot. After doing a lot of research, I believe that MANTRA DAO has huge potential and that it is primed for some massive gains. In short: MANTRA DAO has an excellent Karma, here is...

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...

A week in Kusama: January 11-17, 2021

18 Jan 2021 1 minute read 0 comments Web3 Foundation

Kusama News Motion 253 (to issue a referendum for upgrading the Kusama runtime to v2027) is currently up for vote by the Kusama Council. https://polkadot.js.org/apps/?rpc=wss%3A%2F%2Fkusama-rpc.polkadot.io#/council/motions The motion to issue a prop...