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 Kusama Network Gets Smart Contracts Platform - MoonRiver

29 Aug 2021 1 minute read 0 comments Novasky

Moonbeam network which works on the Polkadot blockchain for various DeFi and the wallet apps, have decided to launch the smart contracts platform named Moonriver on the Kusama network.  Moonriver has tweeted the update of the smart contract going liv...

Genshiro Has Launched The Second Round Of Its Crowdloan Campaign

27 Aug 2021 2 minute read 0 comments Equilibrium

There’s no time like the present to show your support for Genshiro. Our crowdloan is live, users can stake their KSM here in support of Genshiro. Despite Kusama parachain auction starts only on September 1st and we intend to win eight six-week l...

Genshiro’s Closed Beta Goes Live On September 2nd!

27 Aug 2021 1 minute read 0 comments Equilibrium

Why wait to take advantage of the future of fintech? We are launching our stand-alone substrate for Genshiro, meaning our users will be able to use our products even before we win a Kusama parachain slot. The substrate will launch as a closed be...

How We’re Protecting Against Downside Of KSM Staked For Our Parachain

25 Aug 2021 1 minute read 1 comment Equilibrium

The Genshiro community is staking KSM in support of our effort to win a Kusama parachain slot. But just like any other cryptocurrency, KSM is prone to volatility and potential negative price action. We’re going to explain our plan for protecting the...

L’indicatore infallibile è Scattato!

19 Aug 2021 1 minute read 0 comments dexpartacus

Parliamo di tantissime news ma non soltanto, naturalmente il tutto sulla sola Crypto Sfera!   Momenti Chiave: 0:00 Countdown0:11 Intro1:22 Hash Ribbons10:51 FUD Binance Olanda e Robinhood DOGE15:10 Foodcoin - 2geter16:56 Crypto.com e Serie A e NBA S...

How Do Different Wallet Addresses Work On Polkadot And Kusama?

18 Aug 2021 2 minute read 0 comments Equilibrium

Platforms like Kusama and Polkadot are enhancing the scope of what people can accomplish with crypto, so we knew we wanted to build Equilibrium and Genshiro using the relevant relay chain. But a lot of early users get tripped up on how wallet address...

SUBSOCIAL (on polkadot chain)

18 Aug 2021 1 minute read 0 comments Talibamba

  Subsocial is a new social network, built from the famous Polkadot blockchain. Its operation is simple and transparent, you just need to have a polkadot / kusama wallet, and the connection is made through this wallet (via a brave / chrome / safari...

Bit.Country - Metaverse Hub of Polkadot

25 Jul 2021 4 minute read 0 comments dimonbuton

Bit.Country Hello blockchain lovers. Today we will be studying an interesting project project! The project is connected with NTF technologies, the metaverse and its own economy!The scale of this project is very large! The Bit.Country team raised $ 4...

Karura - how to transfer KSM from Kusama to your Karura wallet

22 Jul 2021 1 minute read 0 comments CryptoPlankton

The Acala wiki provides a guide, but it's a touch techy, like many things on the Polkadot Ecosystem, so I thought I'd provide a simple guide. Navigate to Karura's apps. Click on the settings wheel in top right and select "Flexi Fee". Define an appro...

Karura - understanding what LKSM is and how it works.

21 Jul 2021 1 minute read 7 comments CryptoPlankton

This week Karura will start rolling out live functions on its apps, giving holders access to a range of DEFI products on Kusama, some of which are not entirely familiar to uses of other DAPPs.The key underlying function of Karura is the ability to st...