Kusama is a crypto project based on the Polkadot blockchain. Polkadot itself is a blockchain that connects other blockchains together—-it enables users to gain access to Bitcoin and Ethereum by inter-connecting them with several other participating blockchains.
Meanwhile, Kusama is known popularly as Polkadot’s ‘Canary Network’. The name comes from the practice of releasing canaries into freshly dug mines to detect any dangerous gas leaks inside. Canaries would keep singing inside the mine until they were exposed to lethal gases, following which they would die, and the singing would cease.
In the same context, Kusama provides a realistic testing environment for blockchain projects.
Kusama is an experimental yet efficient blockchain network that acts as an ecosystem within Polkadot. It resembles DOT in architecture and structure and acts as a testnet for unlaunched features, and conduction of new parachains, and allows them to take bigger risks with their development without impacting DOT’s user base.
Here are some primary features of the KSM coin:
Kusama was built by Polkadot’s team, a company called Parity Technologies. Parity is headed by Dr. Gavin Wood, a world-renowned computer scientist and a co-founder of Ethereum. Kusama is also funded by the Web 3.0 Foundation, which is known for helping nurture new-age web software protocols.
Here are some pros and cons of investing in Kusama (KSM):
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