Equity Details
Price & Market Data
Price: $4.62
Daily Change: -$0.212 / 4.58%
Daily Range: $4.58 - $4.87
Market Cap: $84,371,292
Daily Volume: 2,277,939
About Kusama (KSM)
All about Kusama (X:KSM). Current price: 4.62, daily change: -$0.212 / 4.58%. Market cap: 84,371,292. Performance 1-week, 6-month, 1-year.
Details
Self-described as "Polkadot's wild cousin," Kusama is an experimental blockchain platform that is designed to provide a massively interoperable and scalable framework for developers. Kusama is built on Substrate — a blockchain building kit developed by Parity Technologies. Kusama has almost the same codebase as Polkadot — one of the most successful interoperable blockchains.By deploying on Kusama, fast-paced projects gain access to a highly scalable, interoperable sharded network, with features that are not yet available on Polkadot. To that end, Kusama describes itself as a “canary network.” The platform is designed to provide a testbed for developers looking to innovate and deploy their own blockchain and can be used as a preparatory network before launching on Polkadot — though many projects opt to stick with Kusama for their final product. Kusama benefits from a low barrier to entry for deploying parachains, low bond requirements for validators, and is most commonly used by early-stage startups and for experimentation.Discord | YouTube | GitHub | Reddit | Medium