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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.
9 Feb 2022 8 minute read 1 comment quantdoge
Investment Disclaimer: I am not a registered investment, legal, or tax adviser or a broker/dealer, and all opinions expressed by me are from my research for educational purposes only. Past performance presented here is not an indicator of future per...
26 Jan 2022 4 minute read 0 comments Equilibrium
Crypto markets saw a crash over this past weekend that wiped out somewhere between $200-$300 billion of total crypto market cap. Maker hit $118.8 million in liquidations on Jan. 21, while Aave maxed out in terms of daily highs at $61.13 million on Ja...
19 Jan 2022 3 minute read 1 comment Equilibrium
Being a full-fledged DeFi one-stop-shop, Genshiro is here to offer multiple use cases for DeFi-savvy users. Its money market is already active and we plan to launch a spot market with up to 20x leverage, and a new farming mechanic that will let users...
8 Jan 2022 7 minute read 1 comment quantdoge
Investment Disclaimer: I am not a registered investment, legal, or tax adviser or a broker/dealer, and all opinions expressed by me are from my research for educational purposes only. Past performance presented here is not an indicator of future per...
26 Dec 2021 3 minute read 2 comments Jinno
When I first decided to dip my hand into DeFi yield farming there was no Wiki How to with Pictures that walked me through the process. I lost a fair amount in Ether fees because I didn't know what I was doing. First I found a Dapp I could trust w...
9 Dec 2021 1 minute read 0 comments Altcoin Edge Youtube
Using Projects valuation on Kusama to Calculate valuation on Polkadot. Firstly taking Sakura on the Kusama Chain and its sister project Clover on the Polkadot Chain If SKU FDV is $161 million on KSM and CLV is FDV is $832 million on DOT the ratio is...
7 Dec 2021 1 minute read 1 comment Equilibrium
London, England — December 07, 2021: Genshiro, one of the first DeFi platforms running on Kusama, is bridging with Ethereum-compatible public network, HECO Chain. This is particularly interesting because it opens up the first practical DeFi use cases...
6 Dec 2021 5 minute read 4 comments quantdoge
Investment Disclaimer: I am not a registered investment, legal, or tax adviser or a broker/dealer, and all opinions expressed by me are from my research for educational purposes only. Past performance presented here is not an indicator of future per...
1 Dec 2021 1 minute read 0 comments Equilibrium
Huge Congratulations to our Lucky Winners! Recently, we’ve announced the winners of the Genshiro Megaboost in the Community Call. Our Megaboost lottery allowed our lucky winners to get hold of the additional GENS grants. We have randomly picked: 5 “...
30 Nov 2021 3 minute read 2 comments Equilibrium
Тhis November was rich in events. Winter is coming so we’ve decided to warm our users’ hearts with several bonuses and exciting novelties. Please check out the soundbyte headlines below, and read on for further detail on each. The first three topics...
