Kusama (KSM)

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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:

  • 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.


Polkadot’s canary network — Kusama

18 Aug 2022 5 minute read 1 comment EverythingBlockchain

Same kind of technology completely different mindset - Gavin Wood Poised to usurp Ethereum's creation of a decentralized internet, the Polkadot ecosystem boasts several innovative features. Kusama, an experimental community research and development...

BiFrost — A guide to stake your Kusama

5 Aug 2022 3 minute read 0 comments EverythingBlockchain

  Primer — 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...

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23 Jun 2022 2 minute read 7 comments PVM

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Staking with Uphold

11 Jun 2022 3 minute read 2 comments Mcthru

And here we are again talking about uphold. I had written an article some time ago about this platform, and in general I was very happy to use it as the huge advantage (within the site) was the instant exchange with other coins, without fees (or at l...

We Launch On-Chain Orderbook DEX On Genshiro. Equilibrium comes next

17 May 2022 2 minute read 0 comments Equilibrium

We proudly announce the launch of our orderbook DEX! This is the premiere orderbook-based decentralized exchange (DEX) launched on the Dotsama ecosystem. What to look for The launch of the new orderbook DEX includes advanced features catered specific...

Genshiro Liquidity Bootstrap event updates

13 Apr 2022 2 minute read 1 comment Equilibrium

Dear community, our liquidity bootstrap event has come to an end. We have managed to gather substantial liquidity both into the market maker pools and into the bailsman pool and we are thankful to each and every one of you, who participated in the ev...

Deep Dive Into Polkadot, MoonBeam, Kusama & More Parachains

5 Apr 2022 1 minute read 0 comments busyjordy

CRYPTO CORNER EPISODE 453 Market Analysis, Updates, News & Reviews In today's episode I talk to KryptosChain about Polkadot, Kusama, Moonbeam Network, Imbue Network, Bit Country and other key elements to the Polkadot Ecosystem.   ☝These are my opini...

Polkadot/Kusama Common Good Parachains

28 Mar 2022 3 minute read 0 comments Renaissance man

If you’ve read some of my earlier posts, you will know by now that I am a fan of the combined Polkadot and Kusama ecosystem (otherwise known as Dotsama), just as I am also a fan of the Cosmos ecosystem. One aspect of these that I particularly like is...

Genshiro Liquidity Bootstrap Event Is Starting on March 22

22 Mar 2022 2 minute read 3 comments Equilibrium

Ahead of our soon orderbook DEX launch, Genshiro users can become liquidity providers for bailout pools or our new MM pools and earn bootstrap rewards from a special GENS allocation. We have allocated 36,000,000 GENS for these rewards in total that w...

Kusama (KSM) Insane Explosive Move Soon

2 Mar 2022 1 minute read 0 comments moon333

  If you like the video then don't forget to upvote/tip and share, thanks   You can also support my work at Patreon for more ideas: https://www.patreon.com/moon333   In order to play and watch the current performance of the chart you need at least a...