Kusama
KSMWhat is Kusama (KSM): complete guide for Beginners and Investors
Kusama is a scalable, experimental blockchain network for developers looking to innovate and deploy bold projects quickly.
Rate
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History
Launched in 2019 by Gavin Wood, Kusama acts as a 'canary network' for Polkadot, enabling testing of new features in a live environment.
Technology
Uses Nominated Proof-of-Stake (NPoS) and Substrate framework to support parachains and cross-chain interoperability.
Use cases
Governance, staking, parachain auctions, testbed for Polkadot applications.
Forecast
KSM continues to serve as a critical sandbox for innovation in the Polkadot ecosystem.
Kusama details
| Ticker: | KSM |
|---|---|
| Website: | https://kusama.network/ |
| Algorithm: | Nominated Proof-of-Stake |
| Max Supply: | No hard cap (~10 million circulating) |
| Type: | Utility Token |
| Founder: | Gavin Wood |
| Launch: | 2019 |