Kusama is a popular network that has been making waves in the crypto world since 2019. It was launched by the team behind Polkadot. Kusama is often referred to as a 'canary network' for Polkadot, which means that it is a test network for Polkadot's technology.
Kusama is unique in several ways. Firstly, it is designed to be a more experimental version of Polkadot. This means that developers can test new ideas and features on Kusama before implementing them on Polkadot. Secondly, Kusama has a faster development cycle than Polkadot, which means that new features can be implemented more quickly. Finally, Kusama is designed to be more community-driven than Polkadot, which means that the community has more say in the direction of the project.
Kusama is built on a unique multi-chain architecture that allows it to support multiple blockchains simultaneously. Each blockchain on Kusama is called a 'parachain' and is designed to be interoperable with other parachains. These parachains communicate with each other through a central relay chain that is responsible for coordinating transactions and ensuring their validity.
One of the key benefits of this architecture is that it allows Kusama to support a wide range of use cases and applications. Because each parachain can be customized to meet the specific needs of a particular use case, developers have a great deal of flexibility and control over how their applications are built and deployed.
Additionally, Kusama's multi-chain architecture allows for greater scalability and throughput than traditional blockchain platforms. By supporting multiple blockchains, Kusama is able to process a much larger volume of transactions than a single-chain platform could handle. This makes it well-suited for applications that require high levels of throughput, such as financial applications or gaming platforms.
KSM does not have a hard cap on total supply. 8,470,098 KSM tokens are in circulation.
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