Kusama (CRYPTO: KSM)
Kusama Return vs. S&P
1 Year | 5 Year | 5 Year Annualized | Since IPO |
---|
Kusama Company Info
## What is Kusama? Kusama is a blockchain platform that was created as a more experimental and development-oriented counterpart to the Polkadot network. It is designed to be a platform for early adopters, developers, and researchers to experiment with and build new blockchain-based technologies and applications. Kusama has a fast-paced development cycle, which allows for rapid iteration and deployment of new features and upgrades. ## Who Created Kusama? Kusama was created by the Web3 Foundation, a Swiss non-profit organization dedicated to the development of decentralized technologies. The Web3 Foundation is also responsible for the development of the Polkadot network. ## How Do You Use Kusama? Kusama can be used for a variety of purposes, including experimentation with new blockchain-based technologies and applications, as well as for participating in the network's governance through the use of its native token, KSM. Kusama's fast-paced development cycle makes it a great platform for testing and experimentation in the blockchain space. Additionally, Kusama provides a shared security model, which allows for cross-chain interoperability and collaboration between different blockchain networks. To use Kusama, you can either run a validator node to provide security to the network or hold KSM and participate in governance through voting.
News & Analysis
Premium Investing Services
Invest better with The Motley Fool. Get stock recommendations, portfolio guidance, and more from The Motley Fool's premium services.