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Kusama
KSM

About Kusama

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...

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