Kusama
Kusama
KSM
Average
3.38K
4.58K
13.55K
Average
56
65
79
Average
3
4
8
Average
7
3
15
Kusama Timeline
Kusama Token allocation
Kusama BasicReport a Data Error
- Oct,2024Kusama celebrated five years of operation, solidifying its reputation as Polkadot’s high-risk, high-reward innovation network. With an active community and a continuous stream of projects, Kusama established itself as a unique experimental blockchain with broad use across DeFi, NFTs, and Web3 applications.
- Dec,2022Kusama reached a significant milestone with over 200 parachains deployed, reflecting the network’s role as a versatile platform for experimentation. Kusama’s vibrant ecosystem attracted developers and projects looking to leverage Polkadot-compatible infrastructure.
- Mar,2022Kusama introduced governance enhancements, including faster decision-making processes and streamlined proposal voting. These improvements empowered the community to make quick adjustments to network parameters, supporting Kusama’s reputation as a fast-moving and adaptable network.
- Oct,2021Kusama achieved over 100 parachain slot auctions, hosting a wide variety of projects focused on DeFi, NFTs, privacy, and interoperability. This diverse ecosystem highlighted Kusama’s role as a testing ground for innovative blockchain projects within the Polkadot ecosystem.
- Jun,2021Karura, an all-in-one DeFi hub for Kusama, won the first parachain slot auction. This marked the official launch of parachains on Kusama, allowing projects to deploy on their own dedicated chains while benefiting from Kusama’s shared security.
Kusama Info
- Oct,2024Kusama celebrated five years of operation, solidifying its reputation as Polkadot’s high-risk, high-reward innovation network. With an active community and a continuous stream of projects, Kusama established itself as a unique experimental blockchain with broad use across DeFi, NFTs, and Web3 applications.
- Dec,2022Kusama reached a significant milestone with over 200 parachains deployed, reflecting the network’s role as a versatile platform for experimentation. Kusama’s vibrant ecosystem attracted developers and projects looking to leverage Polkadot-compatible infrastructure.
- Mar,2022Kusama introduced governance enhancements, including faster decision-making processes and streamlined proposal voting. These improvements empowered the community to make quick adjustments to network parameters, supporting Kusama’s reputation as a fast-moving and adaptable network.
- Oct,2021Kusama achieved over 100 parachain slot auctions, hosting a wide variety of projects focused on DeFi, NFTs, privacy, and interoperability. This diverse ecosystem highlighted Kusama’s role as a testing ground for innovative blockchain projects within the Polkadot ecosystem.
- Jun,2021Karura, an all-in-one DeFi hub for Kusama, won the first parachain slot auction. This marked the official launch of parachains on Kusama, allowing projects to deploy on their own dedicated chains while benefiting from Kusama’s shared security.
Kusama Team
OrganizationsKusama Intro
Kusama is an experimental blockchain network built using the same codebase as Polkadot and designed as a high-risk, high-reward environment to test new features before deploying them on Polkadot. Known as Polkadot’s “canary network,” Kusama allows developers to move quickly, experimenting with features and governance processes under real economic conditions. By supporting parallel blockchains, known as parachains, Kusama offers scalability and interoperability, making it ideal for projects that aim to connect with other blockchains or explore cross-chain functionality.
The network relies on a robust governance structure where KSM token holders participate directly in decision-making. Kusama operates on a Nominated Proof of Stake (NPoS) system, enabling token holders to nominate validators who secure the network and earn rewards. Its governance process is community-driven, allowing participants to propose, vote on, and implement changes. This structure helps Kusama remain adaptable and responsive, enabling rapid iterations without the constraints often found on main networks like Polkadot.
Since its launch, Kusama has become a preferred platform for blockchain startups and developers due to its lower economic barriers and fast-paced environment. Many projects, such as Statemine and Karura, have used Kusama as a testing ground before transitioning to Polkadot. With a lower cost for securing parachain slots, Kusama fosters an innovation-friendly ecosystem where developers can refine their projects before launching on more stable networks like Polkadot.
People also watchReport a Data Error
Kusama Price Live DataReport a Data Error
Kusama is an experimental blockchain network built using the same codebase as Polkadot and designed as a high-risk, high-reward environment to test new features before deploying them on Polkadot. Known as Polkadot’s “canary network,” Kusama allows developers to move quickly, experimenting with features and governance processes under real economic conditions. By supporting parallel blockchains, known as parachains, Kusama offers scalability and interoperability, making it ideal for projects that aim to connect with other blockchains or explore cross-chain functionality.
The network relies on a robust governance structure where KSM token holders participate directly in decision-making. Kusama operates on a Nominated Proof of Stake (NPoS) system, enabling token holders to nominate validators who secure the network and earn rewards. Its governance process is community-driven, allowing participants to propose, vote on, and implement changes. This structure helps Kusama remain adaptable and responsive, enabling rapid iterations without the constraints often found on main networks like Polkadot.
Since its launch, Kusama has become a preferred platform for blockchain startups and developers due to its lower economic barriers and fast-paced environment. Many projects, such as Statemine and Karura, have used Kusama as a testing ground before transitioning to Polkadot. With a lower cost for securing parachain slots, Kusama fosters an innovation-friendly ecosystem where developers can refine their projects before launching on more stable networks like Polkadot.