Kusama, launched in 2019, is a Proof-of-Stake network built using Polkadot's foundation. It serves as a testing ground for developers to experiment with and refine their blockchain projects and applications before deploying them on Polkadot. This allows for thorough testing in a live environment. KSM, the network's native cryptocurrency, isn't an ERC20 token but utilizes Kusama's blockchain. It functions as a utility token for network operations, governance, and staking. Kusama mirrors Polkadot's fundamental design with a Relay Chain for validating transactions and Parachains developed by teams with unique features. Kusama offers developers flexibility through looser rules and governance compared to Polkadot. Voting on referendums takes a week, and implementation follows in eight days, muc...
CMC.IO provides a fundamental analysis of the crypto market. In addition to tracking price, volume and market capitalization, CMC.IO tracks community growth, open-source code development, major events and on-chain metrics.
RESOURCES
Community
Support
© 2023 CMC.IO. All rights reserved