What Is Kusama? (KSM) Complete Guide & Review About Kusama

What Is Kusama? (KSM) Complete Guide & Review About Kusama

What Is Kusama?

Self-described as “Polkadot’s wild cousin,” Kusama is an experimental blockchain platform that is designed to provide a massively interoperable and scalable framework for developers. is built on Substrate — a blockchain building kit developed by Parity Technologies. has almost the same codebase as Polkadot — one of the most successful interoperable blockchains.

By deploying on Kusama, fast-paced projects gain access to a highly scalable, interoperable sharded network, with features that are not yet available on Polkadot. To that end, describes itself as a “canary network.”

The platform is designed to provide a testbed for developers looking to innovate and deploy their own blockchain and can be used as a preparatory network before launching on Polkadot — though many projects opt to stick with for their final product.

Kusama benefits from a low barrier to entry for deploying parachains, low bond requirements for validators, and is most commonly used by early-stage startups and for experimentation.

Kusama Storage Key Points

Coin BasicInformation
Coin Name Kusama
Short Name AR
Circulating Supply8,470,098.06 KSM
Total Supply9,651,217
Source CodeClick Here To View Source Code
ExplorersClick Here To View Explorers
Twitter Page Click Here To Visit Twitter Group
WhitepaperClick Here To View
Support24/7
Official Project Website Click Here To Visit Project Website

The Scalable, Multichain Network for Radical Innovation

Unprecedented interoperability and scalability for blockchain developers who want to quickly push the limits of what’s possible. Built using Substrate with nearly the same codebase and industry-leading multichain infrastructure as cousin, Polkadot.

Origin of Kusama

The relationship between society and technology has deteriorated to the point where large entities routinely stretch and overstep their authority.

Kusama is a network built as a risk-taking, fast-moving ‘canary in the coal mine’ for its cousin Polkadot. It’s a living platform built for change agents to take back control, spark innovation and disrupt the status quo.

Who Are the Founders of Kusama?

Kusama was built by the same team that created Polkadot, a company known as Parity Technologies. Its founder is Dr. Gavin Wood, a world-renowned computer scientist and programmer, who also co-founded Ethereum.

Parity Technologies has an extensive team comprised of some of the world’s most successful blockchain engineers, and has over 100 employees in total spread throughout the world.

In addition, Kusama is funded by grants from the Web3 Foundation, which was launched to help “nurture and steward technologies and applications in the fields of decentralised web software protocols.” The Web3 foundation also supports with research and community development thanks to its growth team.

Launch your custom blockchain

Fast Iteration

Move fast and ship your product. risk-taking and nimble mentality allows developers to move swiftly through the governance and upgrade process, enabling rapid progress and growth.

Low Economic Barriers

Launch your custom blockchain (parachain) project with low barriers to entry. Ideal for lean startups looking to move fast and iterate.

Advanced Technology

Build on a next-generation, sharded, multichain network, while employing the newest features before they are deployed on Polkadot.

Open Governance

Kusama is owned and governed by a community of network participants who vote on and control the evolution of the network. Have a voice and make your mark in the evolution of the network.

Engaged Community

Leverage Polkadot’s global brand and developer community for your parachain, parathread or dApp.

Valuable Experience

For teams looking to move to Polkadot after fine-tuning on Kusama, begin building your community and brand on Kusama before deployment.

What Makes Kusama Unique?

Kusama is unusual among blockchain platforms since it is predominantly built for developers that want to launch bold, ambitious projects, with a fast-evolving pace of development.

It is built on a multichain, heterogeneously-sharded design that uses a nominated proof-of-stake (NPoS) consensus system — an alternative consensus mechanism to the energy intensive proof-of-work (POW) scheme employed by several other blockchains.

This system enables it to perform rapid on-chain upgrades without a fork, and support cross-chain message passing (XCMP) to enable communication with other parachains on the Kusama network.

Like Polkadot, features on-chain governance capabilities. This on-chain governance is both decentralized and permission-less, allowing anybody with (KSM) tokens or parachain tokens to vote on their respective governance proposals, which might include putative upgrades, changes to the protocol, and feature requests. This on-chain governance procedure is roughly four times faster than that offered by Polkadot, with a combined voting and enactment period of just 15 days — leading to the rapid pace of development for projects built on.

The project serves projects that want to hit the ground running, launching updates and improvements without the need to implement a fork to do so — thereby ensuring maximum community cohesion.

Bring to your project

Innovation

Kusama is built by the same teams as Polkadot, using nearly the same code and tools. The network places the latest tech from Parity Technologies and Web3 Foundation in the hands of developers, even before those features make it to Polkadot.

Scalability

The sharded blockchains and open governance provide a scalable and future-proof infrastructure for businesses, marketplaces and applications to deploy and mature.

Interoperability

Kusama brings multiple blockchains together into one sharded network, freeing developers from the siloes created by legacy blockchain networks.

Customization

With Substrate, developers can build their own app-specific blockchain and connect it to Kusama.

Develop on the Canary Network

Many teams will choose for their dapp or parachain and remain exclusively on Kusama. Other teams will join as a temporary preparation ground for deployment on Polkadot.

How Is the Kusama Network Secured?

Kusama is built using a nominated proof-of-stake (NPoS) consensus mechanism. This uses a network of nominators (KSM stakers) who elect nodes to participate in the transaction validation process. These nominators receive a fraction of the inflation reward if their nominator is selected on the next rotation. Validators that act dishonestly or don’t meet performance requirements can have their stake slashed.

Additionally, The uses a simple queuing mechanism based on Merkle trees to resolve cross-chain transactions. Relay chain validators are responsible for moving transactions from the output queue of one parachain to the input queue of the target parachain — this is a secure, trustless process that uses the same validators on each chain to pass the messages.

Where Can You Buy Kusama (KSM)?

Kusama (KSM) is currently available to trade on dozens of popular exchange platforms, including Binance, OKEx and Huobi Global. The most liquid trade pairs for KSM are currently KSM/USDT, KSM/BTC and KSM/ETH.

  • bitcoinBitcoin (BTC) $ 58,556.00
  • ethereumEthereum (ETH) $ 4,668.67
  • binance-coinBinance Coin (BNB) $ 628.98
  • tetherTether (USDT) $ 1.00
  • solanaSolana (SOL) $ 215.54
  • cardanoCardano (ADA) $ 1.61
  • xrpXRP (XRP) $ 1.02
  • polkadotPolkadot (DOT) $ 37.80
  • usd-coinUSD Coin (USDC) $ 1.00
  • dogecoinDogecoin (DOGE) $ 0.222198
  • shiba-inuShiba Inu (SHIB) $ 0.000052
  • avalanche-2Avalanche (AVAX) $ 118.30
  • terra-lunaTerra (LUNA) $ 57.54
  • crypto-com-chainCrypto.com Coin (CRO) $ 0.716842
  • litecoinLitecoin (LTC) $ 215.61
  • wrapped-bitcoinWrapped Bitcoin (WBTC) $ 58,495.00
  • binance-usdBinance USD (BUSD) $ 1.00
  • matic-networkPolygon (MATIC) $ 1.81
  • chainlinkChainlink (LINK) $ 26.30
  • algorandAlgorand (ALGO) $ 1.84
  • bitcoin-cashBitcoin Cash (BCH) $ 582.14
  • uniswapUniswap (UNI) $ 21.10