Description
Kusama is a scalable network of specialized blockchains developed using Substrate, closely related to Polkadot with a nearly identical codebase, functioning as a "canary network" for Polkadot. It serves as an experimental platform allowing developers to test and innovate new blockchains or applications before launching on Polkadot, thanks to its design as a risk-embracing and rapid-development environment, distinguished by its own native token, KSM. Kusama facilitates lower entry barriers for network validators and employs an open governance model, enabling KSM token holders to participate in voting on proposals, referendums, and network upgrades. Its main value proposition is providing a flexible, interoperable framework that fast-tracks the development and deployment of decentralized applications and services, hence fostering innovation within the web3 ecosystem. Kusama's integration and encouragement of projects built on it and Substrate position it as a crucial component of the blockchain infrastructure sector, promoting development and experiment within the web3 space.
Kusama is a scalable network of specialized blockchains developed using Substrate, closely related to Polkadot with a nearly identical codebase, functioning as a "canary network" for Polkadot. It serves as an experimental platform allowing developers to test and innovate new blockchains or applications before launching on Polkadot, thanks to its design as a risk-embracing and rapid-development environment, distinguished by its own native token, KSM. Kusama facilitates lower entry barriers for network validators and employs an open governance model, enabling KSM token holders to participate in voting on proposals, referendums, and network upgrades. Its main value proposition is providing a flexible, interoperable framework that fast-tracks the development and deployment of decentralized applications and services, hence fostering innovation within the web3 ecosystem. Kusama's integration and encouragement of projects built on it and Substrate position it as a crucial component of the blockchain infrastructure sector, promoting development and experiment within the web3 space.
