What is KSM?

_{What is Kusama (KSM)?}

Kusama has described itself as a "virtual cousin of Polkadot”, with it being a blockchain platform.
An experiment designed to be a framework that is highly interoperable and scalable for developers.
Kusama built on Substrate — a blockchain-based suite developed by Parity Technologies. Kusama has a codebase almost identical to Polkadot.
Which is one of the most successful blockchains. With its deployment on Kusama, the project is fast.
It will be possible to access a highly scalable network, along with features that are not yet available on Polkadot. For this reason, Kusama
Thus calling itself a “canary network”, the platform is designed to be a tester for developers.
who want to innovate and operate their own blockchain and can be used as a network to prepare before launching on Polkadot.
By many projects, Kusama is chosen for the final product. Kusama benefits from low barriers.
To access on Parachains, low binding requirements for validators
And often used by beginners at the initial stage and for experiments.

_{Blockchain nativo:}

Kusama's KSM coins work and are used on their own chains, but they are generally
People often remember Kusama as a testnet for Polkadot, as these two networks have related developments.
And to say that it is similar to DOT's testnet, but the KSM is a chain with real use, real value.

_{Protokola Konsensus:}

Kusama uses a mixed consensus system between Nominated Proof-of-Work (NPOs) used to select nodes.
Transaction Inspector and GRANDPA (Ghost-based Recursive Ancestor Deriving Prefix Agreement)
As for the last step in creating new blocks, come up.

^{Trilemma (Security, Speed, Scalability):}

Seguridad: In the field of security, Kusama has set safety standards in the same way as DOT.
This brings the strengths of various chains to KSM.
(Because most applications are multi-chain or multi-chain collaboration.)

snelheid: The time taken by Kusama to create new blocks is relatively small compared to standard blockchains.

Scalabilità: Since KSM was created to support a wide range of parachain projects
(A parachain is a blockchain created within the Kusama Polkadot lab for the specific purpose of a particular project.)
Make it built primarily with scaling or scaling in mind.
And it has the ability to process multiple transactions one at a time on different chains.

_{Founder/Date Founded:}

Like Polkadot, KSM's network was founded by Dr. Gavin Wood
He is also a co-founder and former CTO of Ethereum. Kusama was launched in 2019.

_{Objective/Use Case:}

Kusama aims to be a highly flexible network capable of supporting large volumes of work and traffic.
It includes working, connecting between each of the different blockchains. And it's a place where programmers can come in and try new things.
And collaborative creative innovation. In addition, it is also a training ground for doing projects on Polkadot.

_{Total supply/Limit or Unlimited:}

The initial number of Kusama coins was once set at 10 million KSM, and because of the policy on the number and value of KSM coins.
THAT LEANS IN THE FIELD OF ADDING COINS TO THE SYSTEM BY REWARDING THOSE WHO HAVE CONTRIBUTED TO THE DEVELOPMENT AND EXPANSION OF THE PROJECT.
Make it a number that gradually increases, but nevertheless it is good. The value of the KSM will inflate or will depreciate. It also depends on other factors.
Such as the amount of KSM that the user staked at that time.

_{Supply Deflation:}

KSM does not have a mechanism that allows the coin to be clearly out of the market, but that in the transaction.
And the various stages of the process on Kusama are also burned in those stages.
This inevitably results in a rise in the value of the coin.

This overview should give those new to the industry a basic understanding of Kusama and the KSM token.
Given the rapidly evolving nature of the crypto world
It is therefore important to closely monitor the progress and recent changes in this sector.

_Source:

https://kusama.network
https://kusama.network/technology
https://kusama.network/about
https://wiki.polkadot.network/docs/en/kusama-consensus
https://wiki.polkadot.network/docs/en/kusama-token




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