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.


Huobi Pool Token - Receive now rewards in 24 different cryptos

1 Oct 2020 1 minute read 2 comments Jakonfire

Houbi now distribute 24 different Cryptos to the HPT hodlers. Sorry if i repeat it again and againt but I can hardly believe how quickly it gets more and more. Every balance bigger than 1000 HPT counts. In the past Huobi told several times they are g...

A week in Kusama

28 Sep 2020 2 minute read 6 comments Web3 Foundation

A round-up of what’s new in the Kusama universe, September 21 - 27, 2020 Kusama News Kusama runtime has been upgraded to v2024. https://kusama.polkassembly.io/referendum/84 There is quite a bit of discussion around this Treasury Proposal for weekly...

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...

A week in Kusama

21 Sep 2020 2 minute read 1 comment Web3 Foundation

A round-up of what’s new in the Kusama universe, September 14 - 20, 2020 Kusama News Bryan Chen of Laminar has implemented logic gates using only Kusama transactions. 8) https://gist.github.com/xlc/f064f492a4040f698a2b4eb838f0bf2b Bruno Skvorc creat...

Introducing Westend: The Testnet for Polkadot and Kusama

18 Sep 2020 1 minute read 3 comments Web3 Foundation

Westend provides an environment for our infrastructure partners to test their Polkadot and Kusama deployment and processes. Westend is a Polkadot testnet, replacing Polkadot’s previous Alexander testnet. Westend more accurately resembles how you int...

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...

It's Time To Seek Out DeFi Projects With Multiple Use Cases

16 Sep 2020 1 minute read 14 comments Sapphire

From DeFi To NFT's? In Crypto you always need to stay ahead of the game. You need to be looking at what is going to be hot next. What stands the greatest likelihood of succeeding and carrying the Crypto torch further down the road. You need to be doi...

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...

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 maybe the new rising Blockchain star for DEFI applications

8 Sep 2020 2 minute read 0 comments Greenchic

    The crypto community have been noticing Polkadot, and its focus is only getting further magnified now. I have introduced the Polkadot Blockchain in my previous article that you can read here. https://www.publish0x.com/investing-and-trading/the-b...