Crypto
Kusama
KSM
Kusama
19.0248
2.27%
≈19.0221
Circulating Supply / Total Supply
16525139/16525139
∞
Trading Volume / 24H%
19,234,714.00
2.27%
#133
24H Turnover Rate
6.2%
The Kusama network is a test network before Polkadot goes online, and its logo is a canary. Possible problems can be eliminated in advance before Polkadot goes online to ensure the smooth operation of the mainnet when it goes online.
The design of Kusama network in all aspects is almost the same as Polkadot, which is equivalent to the experimental network before Polkadot's mainnet, and it will not disappear and will exist for a long time. Kusama will serve as a testing ground, allowing teams and developers to build and deploy parachains or try Polkadot's governance, staking, nomination, and verification functions in a real environment.
Kusama is not exactly a testnet, but a canary net: it exists in the real economic environment, an early highly experimental version of Polkadot. It is not as economically centralized as a typical "test net", nor does it have a central cut-off switch. As long as the community maintains it, Kusama will exist, and we envision that it will cater to new, early, high-risk features and projects that are ready to be developed and deployed on Polkadot.
November 23, 2021
Kusama's 15th parallel chain slot Auction ends. Genshiro won Kusama's 15th parallel chain slot by locking up 47,425 KSM, with leases ranging from Lease 17 to Lease 24. By the time of Posting, the fourth Auction of Kusama's third batch of slots has been completed. The four winners, Picasso, Bit.Country Pioneer, Quartz, and Genshiro will all be at Lease 17 at 3am on November 28th, domestic time: At block height #10,281,600, the Kusama relay chain is connected and blocks are generated in parallel chain mode. Meanwhile, the Kusama network will Auction the 16th slot and Auction the fourth slot 5 times when Lease 17 starts (November 28 at 3:50 am, block height #10,281,600). Currently, 24.37% of KSM is locked in Kusama parallel chain slots and Crowdloan.
September 29, 2021
Boca co-founder Gavin Wood said in an interview that boca is technically ready for the parallel chain to go live, but the timing depends on the governance vote. Gavin Wood said in an interview that Kusama's experiment with the parallel chain was going very well, and that Boca will fix some minor bugs after completing an audit in the next few days. After that, it will be subject to a governance vote, but technically Boca is ready.
September 1, 2021
Boca Advance Network Kusama launched its second round of parallel chain slot auctions at 12:00 GMT on September 1 (20:00 BST). The second round of five parallel chain slots auctions will be held on September 1, September 8, September 15, September 22 and September 29 at 12:00 GMT (20:00 GMT).
July 20, 2021
On the afternoon of July 20, the auction for Kusama's fifth parallel chain slot was officially closed. It was a historic moment, as Kusama finally reached an important milestone after years of research. The Kusama network has six stable parallel chains in operation: Statemine's public interest parallel chain, which was allocated to the free slot through governance, and Karura, Moonriver, Shiden, Khala, and Bifrost, which won the slot through auction.
June 15, 2021
Kusama announced that Proposition 310 was approved by the committee and the first parallel chain slot auction was officially launched.
April 7, 2021
Boca Experimental Network Kusama has launched an introduction to parallel chain auctions, covering processes and faQs.
